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Finance aid coordinator skills for your resume and career
15 finance aid coordinator skills for your resume and career
1. Financial Aid Programs
- Reviewed and analyzed student applications to determine qualifications for participation in various financial aid programs.
- Determined student eligibility for state and federal financial aid programs.
2. FAFSA
- Reviewed, verified, and determined eligibility for FAFSA applications, distributing financial aid and award letters as necessary.
- Perform all FAFSA verification and exercised Professional Judgment in cases regarding income, family contribution and dependency status.
3. Work-Study
A work-study student is someone who is under an occupational program that offers jobs to students to assist others. The program aids them in paying their tuition in college or career school. Graduate and undergraduate students having work-study jobs will work part-time on or off-campus while enrolled.
- Maintained Work-Study database comprised of 350 positions, composed job descriptions, and disseminated policy and procedural information to 70 supervisors.
- Coordinated with the appropriate campus personnel to ensure accurate and timely disbursement of scholarship and federal work-study disbursements.
4. Financial Aid
Financial aid refers to cash released to an educational institution to help a student pay the school fee. The issuance of financial aid, whether scholarships, grants, or loans, aims to make access to education affordable to all students irrespective of their backgrounds.
- Analyzed student needs to determine student financial aid options based on individual case circumstances and capacity to pay student accounts
- Provided technical assistance in the area of financial aid and student accounts to students attending National American University.
5. Title IV
- Processed Return of Title IV Funds calculations and all performance based/academic Scholarships.
- Maintain student financial records, verify receipt of Title IV funds, track student payments and analyze and update student data.
6. Student Loans
Student loans refer to money borrowed from the government or a private lender to pay for college. Students must settle the loan later, along with the interest that builds up over time. The primary uses of the money include payment for tuition, accommodation, and books.
- Facilitate resolutions for delinquent borrowers in danger of defaulting on federal student loans.
- Utilize National Student Loan Data System and Common Origination and Disbursement websites.
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A scholarship is financial support given to a student. The financial support will be utilized for the student's schooling. Some scholarships are awarded because of academic achievement (merit-based), while other students receive this because of lack of funds (need-based). The benefactor usually sets the scholars' criteria and defines what and how the support will be utilized. It could be used to pay tuition, purchase books, allowance, or other educational expenses that the student may incur.
- Utilize a variety of communication methods to educate students about scholarship opportunities, including K-12 and community outreach.
- Researched and facilitated the communication of pertinent available scholarship opportunities to the current and prospective students.
8. Data Entry
Data entry means entering data into a company's system with the help of a keyboard. A person responsible for entering data may also be asked to verify the authenticity of the data being entered. A person doing data entry must pay great attention to tiny details.
- Provided accurate data entry, managed data by checking against applications and updating member profiles.
- Managed data processing operations including data entry and Financial Aid records storage.
9. Professional Judgment
- Exercised professional judgment when reviewing student files.
- Skilled in making decisions based on program criteria and professional judgment based on rules and regulations without oversight or review.
10. Exit Interviews
Exit interviews are meetings conducted by management representatives with employees who are separating from the company. These interviews act as a measurement scale to assess the individual's overall experience with the organization. Having a standardized procedure of exit interviews helps the company to manage risks effectively. It can increase employee retention, engagement and helps to decide what decisions are fruitful and what aren't inside the organization.
- Conducted entrance/exit interviews with students; including consulting outside agencies.
- Assisted fellow management team in presentations (Financial Aid Workshops, Admissions Open House, Orientations, and Exit Interviews).
11. Financial Aid Eligibility
- Interview prospective students and collect required documents to determine their financial aid eligibility.
- Counseled parents and students about financial aid eligibility based on federal guidelines.
12. Student Accounts
- Provided delinquency analysis on student accounts and advised students on delinquent balances and loan status.
- Reconciled student accounts for accuracy and eligibility of federal student loan programs.
13. Institutional Regulations
- Maintained a comprehensive knowledge of all federal, state and institutional regulations to process and distribute funds accurately.
- Excelled at multitasking, conflict resolution, and training for complex industry and institutional regulations.
14. Financial Aid Applications
- Conducted financial aid appointments to assist prospective students with completion of their financial aid applications.
- Received and processed all financial aid applications for incoming and returning students.
15. Coordinators
- Created departmental process manual for Financial Aid Coordinators.
- Assemble files according to school and distribute to designated coordinators.
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List of finance aid coordinator skills to add to your resume
The most important skills for a finance aid coordinator resume and required skills for a finance aid coordinator to have include:
- Financial Aid Programs
- FAFSA
- Work-Study
- Financial Aid
- Title IV
- Student Loans
- Scholarship
- Data Entry
- Professional Judgment
- Exit Interviews
- Financial Aid Eligibility
- Student Accounts
- Institutional Regulations
- Financial Aid Applications
- Coordinators
- Federal Regulations
- Federal Guidelines
- Financial Aid Packages
- Federal Financial Aid
- NSLDS
- Financial Assistance
- COD
- State Regulations
- Veterans
- Pell
- Needs Assessment
- Financial Literacy
- Federal Student
- Financial Aid Awards
- ISIR
- Verification Process
- Student Eligibility
- Loan Applications
- Financial Reports
- Financial Aid Workshops
- State Agencies
- Financial Aid Funds
- Financial Aid Forms
- Private Loans
- Financial Aid Options
- Application Procedures
- Telephone Calls
- R2T4
- Delinquent Accounts
- Award Letters
- PowerPoint
- Accounts Receivables
- Bank Deposits
- Iris
- Social Security Administration
Updated January 8, 2025
