Finance aid coordinator vs finance administrator

Differences between finance aid coordinator and finance administrator duties and responsibilities

Finance aid coordinator example responsibilities.

• Manage patient and insurance account receivables, perform patient account reconciliations, account audits, process insurance billing/correspondence.
• Administer quality financial aid consulting to parents and students to ensure accurate completion of all necessary FAFSA documents.
• Review, verify, and determine eligibility for FAFSA applications, distributing financial aid and award letters as necessary.
• Work with disbursements, Pell over awards, and default management.
• Post loan, Pell grant and SEOG grant payments to the student account summaries.
• Add newly enroll students to NSLDS and to check for prior loans and/or defaults, prior to start.
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Finance administrator example responsibilities.

• Manage the design and implementation of appropriate controls as per Sarbanes-Oxley (SOX) and internal corporate procedures.
• Manage key logistics and secure necessary resources within budget constraints.
• Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
• Do A/P, A/R and G/L.
• Prepare daily, weekly and monthly reports including fund loans, commissions, titles, A/P & A/R.
• Assist families with Medicaid applications.
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