Director of Financial Aid
POSITION TITLE: Director of Financial Aid
STATUS: Regular, Full-time (40 hours/week)
FLSA CLASSIFICATION: Exempt
REPORTS TO: Vice President for Admissions & Marketing
UPDATED: July 2018
The Financial Aid Director reports to the Vice President of Admissions & Marketing. This position is responsible for leadership of the financial aid group, including extensive interaction with families and the administration of financial aid in a regulatory compliant manner.
1. Administering title IV program
a. Direct loans - subsidized/unsubsidized
b. Parent plus loans
c. Pell grant eligibility
d. TEACH grant eligibility
e. Federal work study program eligibility/requirements/tracking
f. SEOG funds (partner grant to pell grant)
2. Institutional aid
a. Unfunded scholarships (also called discount rate or Covenant grant)
b. Funded scholarships - endowed and restricted or donor funded
c. Covenant funded work study
3. State funded aid
a. State funded grants - Georgia scholarship program eligibility and requirements
b. State funded loans - Vermont, Pennsylvania, etc.
4. Outside aid
a. Outside scholarships as they impact each student’s cost of attendance
b. Private or alternative loans
a. Title IV covers every aspect of campus life from requiring a consumer information page on our website to a constitution day event requirement annually.
b. OMB A133 audit - requirement for distributing federal funding each year. This audit covers admissions, financial aid, accounting, and records.
c. State audit - requirement for administering Georgia scholarships each year (Hope/Zell Miller/Tuition Equalization Grant); occurs every 3 years in the summer
d. Ongoing and constant monitoring for loan eligibility changing mid year between subsidized or unsubsidized and class level changes that impact how much a student is eligible for
a. Meeting with students and families in their senior year when they visit campus to walk them through the scholarship process
b. Creating communications and website content (i.e. FAQ, etc.) for families to walk them through financial aid/debunk pricing myths
c. Event weekends - scholarship weekends mean each recruit’s award is adjusted after the weekend.
7. Other duties as assigned by the Vice President for Admissions & Marketing.
Strong empathy for families, and the ability to relate well to others
Strong creative, strategic, analytical, and organizational skills.
Ability to think strategically and delegate effectively.
Commitment to working with cross-functional teams and ability to collaborate with various constituents across the organization.
Ability to manage multiple projects at a time.
Ability to see problems and have the courage to address them.
Required experience in higher ed admissions and/or financial aid
Demonstrated experience effectively managing a team of people.
Experience in higher education.
Experience in both non-profit and for-profit sectors.
Graduate degree in a related field.
An acceptance of and commitment to Jesus Christ as Savior and Lord
An understanding of the mission and purpose of Covenant College
Must be able to assent to Covenant College’s Staff Commitments
PHYSICAL WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. This is largely a sedentary role, but the employee is free to stand and walk at will. Lifting or lowering an object less than 5 lbs. from one level to another may be required.
Some travel required.
Interested applicants should submit the following application materials to firstname.lastname@example.org
Letter of interest
Statement of faith & Christian experience