Job Opening: Financial Aid Specialist
- Company
- Kansas State University
- Location
- Manhattan, KS
- Posted on
- May 11, 2024
This job was posted by https://www.kansasworks.com : For more
information, please see: https://www.kansasworks.com/jobs/12926242
\
\
Financial Aid Specialist\
\
Department: 3670003540 Student Financial Assistance\
Job no: 516668\
Employment type: Staff Full Time (Unclassified - Regular)\
Location: Manhattan, Kansas\
Worksite: Hybrid eligible (partially remote, must reside in US)\
Categories: Business / Accounting / Finance, Student Affairs / Services\
Pay Grade: 07A\
\
\
About This Role:\
The individual in this position will serve as the lead staff member
responsible for executing the procedures of the Return to Title IV
(R2T4) process when a student withdraws from the university. This
position also monitors downward enrollment changes that happen after
disbursement and prior to the start of the term. Tasks included are:
- Identifies students that are considered withdrawn by monitoring
various reports.
- Gathers, analyzes, and interprets student-specific data necessary to
perform the R2T4 calculation. This requires researching the student
information system and/or the university\'s imaging system. May also
require contacting instructors and enrollment offices to determine
if eligibility has been established for the federal aid programs.
- Adjusts federal aid prior to R2T4 calculation based upon responses
received which demonstrate the student did not establish eligibility
in specific course(s).
- Performs the R2T4 calculation for all federal student aid recipients
who have officially or unofficially withdrawn from the university.
Ensures the calculation is performed within the required timelines
to be compliant with federal student aid regulations.
- Communicates with the student about the results of required R2T4
calculation. Informs the student of necessary changes in federal
student aid and if the student owes the university and/or has an
overpayment. Creates a repayment plan in the advent of an
overpayment.
- Counsels students who have withdrawn or are contemplating
withdrawing from the university.
- Research and interpret regulations by referencing all available
resources to ensure compliance with the nuances of R2T4 including
the governing timelines associated with it.
\
\
This position assists with the administration of the university\'s
tuition assistance program. Tasks completed include:
- Reviews applications and verifies eligibility for the tuition
assistance programs. Communicates with the student or employee if
application is incomplete or if eligibility issues are found.
- Determines award amount and makes appropriate system updates.
Adjustments to existing financial aid may be necessary. Adds award
adjustment reasons where appropriate on the student\'s record.
- Serves as one of the office experts on the programs, fields
questions on the eligibility criteria and program rules, counsel
employees and dependents on the programs, collaborates with Human
Resources regarding the benefit program.
\
\
This position assists with the management of the Federal Work-Study and
the Kansas Career Work-Study programs. Tasks to be performed include:
- Responds to inquires from students and employers, verifies student
eligibility, makes awards within the student system, and
collects/reviews Federal Work-Study position descriptions for
accuracy.
- Generates annual contracts with off-campus employers.
- Runs system processes, reports, and queries to effectively manage
programs.
- Monitors the fund to ensure our annual allocation stays within
budget. Maintains accurate accounting records and assists with
monthly reconciliation.
\
\
This position serves as a team member responsible for packaging/award of
federal aid. Tasks to be performed include:
- Reviews various reports on a weekly basis research student
eligibility by accessing National Student Loan Data System, and
manually awards students.
- Runs communication processes to produce paper and electronic
financial offer notifications.
- Responds to questions about federal aid eligibility from other
office staff as well as the general student population.
- Assists with awarding summer financial aid. Reviews reports in the
successful management of summer financial aid awarding and
disbursement.
\
Why Join Us:\
The staff members in the Office of Student Financial Assistance serve
students and their families now and throughout their time at Kansas
State University.\
\
Kansas State University offers a comprehensive benefits package that
includes health insurance, life insurance, retirement plans, paid time
off - vacation, sick, and holidays. To see what benefits are available,
please visit:
https://www.k-state.edu/hcs/benefits\
\
We Support Diversity and Inclusion:\
Kansas State University embraces diversity and inclusion. The university
actively seeks individuals who foster a collegial environment and
cooperative interactions with coworkers, students, and others. The
University