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As a member of the Financial Aid Systems Team, the Financial Aid Loan, Grant and System Administrator works to ensure that financial aid systems accurately award and process student financial aid in compliance with all federal, state and institutional policies. This position analyzes and utilizes Banner Financial Aid module functionality to maximize its potential to efficiently and accurately manage federal, state and institutional financial aid programs.
Job Responsibility:
Test Banner functions prior to new aid year processing, before Banner upgrades are put in the production database, and prior to file exchanges with Dept of ED, College Board and State of Colorado
Support the exchange of financial aid data with external entities such as the Dept pf ED, College Board, state of Colorado and private student loan lenders through the regular sending, receiving and loading of data files
Reconcile federal financial aid funds including Pell, Direct Federal Loans and TEACH in conjunction with Student Financial Services and the Dept of ED on an on-going monthly and annual basis
Run and monitor the federal student loan program file exchanges to ensure the timely origination and disbursement of federal student loans
Work closely with Financial Aid advisors to ensure accurate and timely processing of federal student loans
Run and monitor the private student loan program file exchanges to ensure the timely origination and disbursement of private loans
Support batch and manual financial aid Banner jobs including but not limited to aid application processing, fund reconciliation and ISIR correction processing
Participate in institutional, federal and state audits as required
Review federal and state regulations, institutional procedures and Banner documentation on an on-going basis
Advise students and members of the DU community on the financial aid application process, eligibility, awards and federal, state and institutional policies
Routinely handle problems and issues of a highly sensitive financial and personal nature
Requirements:
Bachelors degree from a four year educational institution or related experience
At least one (1) year of financial aid experience, including a working knowledge of financial aid processes, higher education concepts, and state, federal, and institutional funding guidelines and procedures
Experience must include strong problem-solving skills and attention to detail
Proficiency with standard MS Office software applications
Ability to read, analyze and interpret technical journals, financial reports and legal documents
Ability to work with mathematical concepts such as probability and statistical inference
Ability to define problems, collect data, establish fact, and draw valid conclusions
Excellent communication and listening skills
Proficiency in MS Access, Excel, Word, Outlook
Experience with financial aid management system, Strong user skills in an automated computer system environment
Nice to have:
Additional three years of experience or expertise in Financial Aid and working with Banner Financial Aid module
General knowledge of Ellucian Banner or similar financial aid software
Basic SQL skills including data retrieval, filtering and sorting, simple aggregation, grouping, joining tables, data types and constraints
What we offer:
medical, dental, retirement, paid time off, tuition benefit and ECO pass