Finance aid coordinator vs mortgage counselor

Differences between finance aid coordinator and mortgage counselor 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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Mortgage counselor example responsibilities.

• Manage internal team SharePoint and document repository.
• Assist customers on various savings and checking account transactions; balance ATM.
• Process negotiable items balance cash vault, teller cash drawer and the automated teller machine (ATM) daily.
• Develop effective partnerships with non-profit organizations and community developments to improve origination of affordable housing loans for first time home buyers.
• Process retirement accounts and IRAS.
• Counsele prospective customers on retirement options and open new IRAs.
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