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Finance aid officer skills for your resume and career
15 finance aid officer skills for your resume and career
1. 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.
- Work closely with the Financial Aid Director in the development and implementation of policies and procedures and informational publications.
- Provide the screening mechanism to ensure that only financially and academically qualified students are endowed with financial aid.
2. Customer Service
Customer service is the process of offering assistance to all the current and potential customers -- answering questions, fixing problems, and providing excellent service. The main goal of customer service is to build a strong relationship with the customers so that they keep coming back for more business.
- Handled, processed and completed customer service requests from students, other education institutions and outside regulatory organizations.
- Provided excellent customer service to students through application and enrollment process in a professional and timely manner.
3. FAFSA
- Verified information reported on the FAFSA application to determine award eligibility.
- Develop Student Financial Plans in concert with Institute procedures and knowledge of Federal regulations.-Assist students/parents with the completion of the FAFSA.
4. Title IV
- Processed and certified federal financial aid funding *Reconciled audited and denied financial aid applications *Processed Title IV refunds and post-withdrawal disbursements
- Monitor compliance in the areas of Title IV Federal Regulations, Cash management, institutional eligibility and Student eligibility.
5. 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.
- Provided staff, students, and parents with information regarding the availability of federal student loans/alternative loans and the eligibility requirements.
- Counseled students on student loan regulations and requirements needed to maintain eligibility of financial aid.
6. Financial Aid Packages
- Determined student eligibility and prepared financial aid packages in accordance with federal, state and institutional requirements.
- Assembled financial aid packages in accordance with federal and institutional guidelines.
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- Determine financial aid eligibility and administer all phases of financial aid programs in accordance with federal guidelines.
- Matched students' needs and eligibility with available financial aid programs to provide informed recommendations.
8. NSLDS
- Access, audit, and edit NSLDS and other sensitive federally regulated government and lender databases with federal security clearance access.
- Utilize the banner software, ECSI Web-based programs, Sal-Net software, and NSLDS web-based program to complete job responsibilities.
9. Student Aid
- Provided financial aid counseling to students regarding applications, procedures, and eligibility requirements for student aid programs.
- Packaged and repackaged all student aid in compliance with federal financial aid regulations, company regulations and procedures.
10. Professional Judgment
- Used professional judgment in special circumstance situations to revise student financial aid eligibility and cost of attendance.
- Maintain and supervise federal and institutional policies and procedures related to professional judgment and suspension appeals.
11. Financial Aid Eligibility
- Job Description: Interview and counsel perspective students individually and in group settings regarding their financial aid eligibility.
- Determined financial aid eligibility for students by comparing student s expected family income to their financial aid worksheet.
12. State Regulations
State regulations are the rules made by the state authorities under a specific Act. When a government intervenes in the private market to implements policies, they are known as state regulations. These policies help in achieving the economic, political, and social targets which might not be able to achieve otherwise.
- Develop, negotiate and finalize student financial plans consistent with financial planning policies and procedures with Federal/State regulations for awarding aid.
- Developed, negotiated, and finalized budgets according to income guidelines and federal/state regulations.
13. Federal Regulations
Federal regulations refer to the set of rules, both general and permanent that are published in the Federal Register by the agencies of the federal government and the executive departments. Federal regulations are the large body of rules that govern federal practice. Examples of these laws include taxes and financial regulation, discrimination law, wages law, and so on.
- Maintained accurate and thorough file documentation for financial files, following state and federal regulations, and university policies and procedures.
- Receive and verify financial paperwork for completeness and accuracy as established by extensive internal standard operating procedures and federal regulations.
14. Financial Aid Awards
- Assisted management with escalated and advanced student financial aid awards as requested.
- Determined eligibility and created financial aid awards for new and continuing students.
15. Financial Aid Applications
- Review financial aid applications for completeness, accuracy; verify information reported on student applications to determine eligibility for awards.
- Processed financial aid applications and awarded aid in accordance with federal, state and institutional guidelines.
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List of finance aid officer skills to add to your resume
The most important skills for a finance aid officer resume and required skills for a finance aid officer to have include:
- Financial Aid
- Customer Service
- FAFSA
- Title IV
- Student Loans
- Financial Aid Packages
- Financial Aid Programs
- NSLDS
- Student Aid
- Professional Judgment
- Financial Aid Eligibility
- State Regulations
- Federal Regulations
- Financial Aid Awards
- Financial Aid Applications
- Pell
- ISIR
- Financial Assistance
- CampusVue
- Student Accounts
- Federal Financial Aid
- Federal Guidelines
- Exit Interviews
- Student Eligibility
- Federal Student
- VUE
- Award Letters
- Debt Management
- Institutional Regulations
- Veterans
- Verification Process
- Default Management
- Student Applications
- Institutional Policies
- Financial Aid Forms
- Financial Aid Options
- Financial Aid Funds
- Financial Data
- Student Payments
- Application Procedures
- Private Loans
- Institutional Guidelines
- R2T4
- Enrollment Process
- Federal Agencies
- MPN
- Financial Aid Paperwork
- Direct Loans
- Edexpress
Updated January 8, 2025