Loan counselor vs finance aid counselor

Differences between loan counselor and finance aid counselor duties and responsibilities

Loan counselor example responsibilities.

• Manage portfolio of GSE assets that are actively pursuing liquidation or retention options to cure default.
• Experience in SBA underwriting that has produce SBA loan approval.
• Perform account reviews to ensure associates perform logical progressions of collection efforts and maintain FDCPA guidelines.
• Provide early delinquency counseling to CalHFA customers who have conventional or FHA type of loans.
• Exercise servicing standards put in place by the FHA, VA, USDA and other private labels.
• Resolve accounts using effective negotiating tools and appropriate system documentation in accordance with FDCPA and company's guidelines.
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Finance aid counselor example responsibilities.

• Manage project for the development and implementation of a university-wide scholarship database, STAARS.
• Utilize the PeopleSoft student administration financial aid module to determine loan eligibility.
• Assist patients with Medi-Cal applications as well as facility payment assistance applications.
• Provide assistance to uninsure patients and families in completing and filing Medicaid or assistance program applications with the appropriate agency.
• Document all enrolling activities in CampusVue.
• Originate loans, create disbursements, and print miscellaneous reports and financial aid information in EdExpress database.