Back

Job Detail

Financial Aid Officer

Rasmussen University

Eagan, MN,

Financial Aid Officer

Rasmussen University

Eagan, MN,
 
Number Of Vacancies: 1
 
We are currently seeking a candidate with a background in finance or financial aid/loan processing to support our central services function. The Financial Aid Officer is responsible for reviewing student financial aid eligibility documentation and preparing accurate financial aid award packages for prospective and current students, while ensuring compliance with state and federal regulations, audit requirements, and the university’s policies and practices. Responsibilities: Processing and Awarding - 45% Implement financial aid policies as directed, ensuring compliance to state and federal regulations, audit requirements and the university’s policies Review financial aid applications and eligibility documentation submitted by the student to determine eligibility for financial aid awards Responsible for completing verification according to established federal regulations, quality assurance and C code resolution Provide information through the university's student information system, to admissions and advising team members, in an effort to obtain missing documentation needed from the student to complete the financial aid application Maintain minimum weekly award package completion rates as defined by Student Financial Aid leadership Maintain accurate knowledge of the university's products and services Remain current in the financial aid field through professional development, such as workshops, conferences, state and regional associations and course work Ensure accurate and effective representation of the University and follow-through with prospective students, enrolled students, business community and high school officials Work effectively with all university employees, in particular admissions and advising team members and maintain a professional image at all times Record Keeping/Documentation - 45% Prepare financial aid award packages based on documentation submitted Follow processes and procedures that streamline the awarding and delivery of the aid programs Review and certify private loan applications on a weekly basis. Ensure accurate and timely tracking and documentation of such Accurately track financial awarding to ensure timely approval and payment Maintain eligibility to access the National Student Loan Data System, (NSLDS), as defined by the US Department of Education. To maintain access to NSLDS, one must not have defaulted on any student loan in the past, be in default currently or have issues with access to NSLDS in the future Other - 10% Attend and participate in team, SFA department meetings for the purpose of obtaining and sharing information Participate in lean processes and strategic planning activities Embody the spirit of the university’s mission and vision in daily activities Support and contribute towards the university’s commitment to diversity and inclusion Perform other duties as directed, requested or assigned Requirements: Associate’s Degree in Accounting, Business, Finance, or related discipline; Bachelor’s Degree preferred. Minimum of one to three years of relevant experience and/or training, or equivalent combination of education and experience, preferably within a financial aid, finance counseling or loan processing environment Strong interpersonal, written and verbal communication skills Excellent organization and time management skills with the ability to prioritize and manage multiple demands with minimal supervision; maintain records and files with precision and accuracy High level of professionalism and telephone etiquette Excellent customer service skills High aptitude for math General knowledge of the higher education industry preferred, but not required Proficiency in Microsoft Office Suite, with an emphasis on Outlook, Word, Excel, and Power Point Working knowledge of financial software, CampusNexus, preferred Strong command of the English language, in both oral and written form

About Rasmussen University

Your Work Can Be Life-Changing 

When you work at Rasmussen University, you become part of something that matters. While you build your own career, you’re helping students and graduates gain the education to build a better life for themselves and their families.

With more than 120 years as a career-focused education provider, we have valued both stability and innovation to keep our work lives meaningful and interesting. We are an organization that is academically and culturally diverse, driven to make a difference in the lives of our students while growing our own expertise.

If you are a passionate and motivated individual who is interested in a dynamic, team-oriented culture, ready to be part of inspiring and equipping students for success, please take a look at our current openings.

More Jobs from Rasmussen University

View all 13 Jobs