Arkansas.gov

FINANCIAL AID SPECIALIST

SUMMARY:

The Financial Aid Specialist is responsible for assisting in obtaining, processing and packaging, and providing of student financial aid information. This position is governed by state and federal laws and institution policy.

TYPICAL FUNCTIONS:

Meets with students and parents concerning the financial aid application process, types of financial aid available, and deadlines for applying for aid, and assists in completing the required forms when requested.

Prepares financial aid package, makes recommendations of financial needs based upon review of need analysis forms, reviews data for accuracy, and forwards award package to supervisor for final review.

Prepares award letters for students receiving financial aid, completes information needed for disbursement and receipt of funds, and records and submits award information to business office.

Monitors student enrollment to verify that loan eligibility requirements are being met, and notifies lender of enrollment changes.

Interviews students for work-study, monitors work-study position availability and maintains time sheets.

Performs other duties as assigned.

KNOWLEDGE, ABILITIES, AND SKILLS:

Knowledge of student financial aid programs. Knowledge of interviewing techniques. Ability to interview and obtain pertinent information. Ability to disseminate information orally and in writing. Ability to collect, analyze, and compile data. Ability to monitor student enrollment activities.

MINIMUM EDUCATION AND/OR EXPERIENCE:

The formal education equivalent of an associate


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