Founded in 1903 as an interdenominational institution to train Christian leaders, Laurel University continues its mission to educate lifelong learners for ministry in the marketplace, society and world – wherever God calls. Located in High Point, NC, the University has seen rapid growth in the past four years and earned two national growth awards within its accrediting association.
Job Title: Director of Financial Aid
Reports To: Chief Financial Officer
The primary purpose of the Director Financial Aid is to provide financial resources to students who would otherwise be unable to pursue post-secondary education.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Insure the Financial Aid Office of Laurel University is in compliance with the Office of Education Title IV regulations.
To provide student counseling relative to all financial aid programs.
To create and prepare Student Consumer Information required by Federal Regulations.
To provide adequate person financial counseling for students as directed by Federal Regulations.
To insure counseling guidelines are followed by the Financial Aid Office (FAO); privacy, confidentiality, referral.
To counsel students on matters which call for professional judgment as understood by the Office of Education (OE).
To verify the accuracy of student data consistent with regulations.
To monitor student eligibility to receive or continue receiving financial aid.
To administer the Pell Grant Program (Regular Disbursement System), the Stafford/SLS/PLUA Loan Program, and to provide campus-based program management of the Supplemental Educational Opportunity Grant (SEOG), College Work-Study (CWS), Institutional Awards, the National Director Student Loan Program (NDSL), and the completion of the Fiscal Operations Report and Application to Participate (FISAP).
To administer the awarding of all campus-based financial aid programs.
To develop and prepare award letters to eligible students.
To budget and monitor the use of Campus-based funds.
To develop a policy for the distribution of awards.
To keep records and prepare the necessary financial reports for monitoring of expenditures.
To operate a FWS program according to SFA guidelines and procedures.
To coordinate with the Business Office and the Executive Administrative Assistant the call-down of funds for Pell, SEOG, and CWS.
To coordinate with the Admissions Office, Registrars Office, Business Office and other offices in complying with all federal regulations.
To keep a library of all pertinent laws, regulations, etc., applicable to the operation of the FAO.
To serve on the following committees: Administrative Committee, Admissions Committee, and Financial Aid Committee.
To prepare budgets for the FAO.
To prepare and update a Policies and Procedures Handbook for the FAO.
STATEMENT OF GOOD PRACTICES
(taken from the National Association of Student Financial Aid Administrators) The Financial Aid Administrator:
Shall make every effort to meet the demonstrated needs of all students at his/her institution to the extent funding will permit in an ethical manner.
Shall award all aid on the basis of demonstrated financial need except where funds are specified for recognition of special talents. Where aid is not based on need and represents a significant portion of institutional assistance, the aid administrator should make every effort to redirect such funds to assist those students with demonstrated need.
Shall exercise adequate controls to insure that need-based aid awards to not exceed documented need.
Shall recognize that the primary responsibility for financing post-secondary education rests with the students and his/her family. Financial assistance from institutions and other sources is only intended as supplementary to the efforts of the family.
Shall help students seek, obtain, and make the best use of all financial resources available.
Shall provide in all appropriate literature a clear statement of the actual costs of attendance, which shall include both the direct and non-direct costs.
Shall inform the student of all conditions under which an award is granted at the time the offer is made.
Shall refrain from and discourage others from making any public announcement of the amount or type of financial aid awarded to a student in order to protect the confidentiality of the economic circumstances of the student and his/her family.
Shall respect the confidentiality of student records. Information should be released only on the written consent of the student and/or his/her family and all policies and procedures should protect the students rights of privacy.
Shall oppose the administration of aid to accomplish disciplinary objectives.
Shall, when preparing funding requests, estimate needs honestly and fairly.
If funding is available to staff an administrative assistant, the Director of Financial Aid will supervise this employee. Currently this is a one person shop working directly with 190 student programs. The University is developing programs for immediate growth with the goal of doubling enrollment in two years.
Requisite education for this position is a BA or BS degree and/or suitable equivalent experience, preferably in higher education. Placement at an appropriate level and step will be determined by the President. Most important to the incumbent is fitting into the culture of a devout group of believers that love the Lord and work each day to do his work.
The majority of time can be spent sitting; however standing, stooping to file, reaching with hands and arms, walking are also involved.
This is a wonderful work environment that carries a peaceful and controlled work load, very supportive supervisor, and a president that has served as a Director of Financial Aid for several universities. The office is located across from the VP for Academic Affairs, next to the Registrar and Director of Enrollment. A professional one stop shop within 20 feet, this environment provides the ultimate in student service for the right person.
Weather conditions only affect this position in coming and going to vehicles. Chemicals used in cleaning the building may cause exposure to highly sensitive persons. The noise level is moderate: computers, printers and light traffic by a private office. The phone can be put on Do Not Disturb and doors can be closed for complete privacy and concentration.
Interested applicants can send a résumé and cover letter electronically to Kathy Cutrell, Director of Human Resources at email@example.com, or call 336.887.3000, x133.