Finance aid coordinator vs savings counselor

Differences between finance aid coordinator and savings 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.
Show more

Savings counselor example responsibilities.

• Inform members on HUD/ FHA guidelines.
• Prepare budgets for members who are in danger of losing their homes to foreclosure.
• Advise homeowners throughout foreclosure procedures.
• Remain non-denominational, open, flexible and ecumenical in service to patients while also providing additional resources from local spiritual communities.
• Assist borrowers with home retention programs such as HAMP, HAUP, and HAFA and company sponsor mitigation programs.