University of Louisville · 9 hours ago
Financial Aid Specialist II
Louisville, KY
Full-time
Onsite
Entry, Mid Level
2+ years expThe University of Louisville is seeking a Financial Aid Specialist II. The primary functions of this role include the overall management and oversight of the Federal Direct Loan Program, as well as providing analytical and system support to the Student Financial Aid Office.
AssociationCommunities
Responsibilities
Oversee all aspects of the Federal Direct Loan Program, ensuring timely reporting, reconciliation of data, and adherence to all applicable federal financial aid regulations
Utilize the U.S. Department of Education’s Common Origination and Disbursement system and PeopleSoft Campus Solutions to view, compare, troubleshoot, and resolve all Federal Direct Loan issues, including but not limited to identifying and resolving loan validation errors, origination errors, rejected data, data transmission errors, and loan holds
Reconcile Federal Direct Loan data between PeopleSoft Campus Solutions and the U.S. Department of Education’s Common Origination and Disbursement system, and complete tasks to ensure successfully closeout of the applicable award year’s Federal Direct Loan Program
Provide analytical, technological, and system support to the Disbursement and Information Management Team and to the Student Financial Aid Office
Test regulatory releases, enhancements, and software changes applicable to processing of Federal Direct Loans and assist with system testing for other areas under the Disbursement and Information Team
Maximize the use of existing software tools to adhere to federal, state, and institutional financial aid requirements and the needs of the office related to processing under the Disbursement and Information Management Team
Coordinate email communications to students pertaining to loan processing deadlines and cancel awards for students who do not meet communicated deadlines established
Complete necessary set-up for Federal Direct Loan processing, including the necessary annual set-up for both manual and batch processing for the administration of the program
Carryout all aspects of the Federal Direct Parent PLUS application processing, including but not limited to the needed annual set-up, processing approved applications, managing Federal Direct PLUS Denial exemption appeal requests, processing additional Federal Direct Unsubsidized Loan requests for PLUS denials, and ensuring all applications are reviewed and processed accurately
Review Cost of Attendance data for students and add and/or remove loan fees accordingly
Ensure Ability to Benefit codes are updated accurately for students within the PeopleSoft Campus Solutions system and are successfully reported to the U.S. Department of Education
Research and review federal regulations, specifically related to but not limited to items applicable to the Federal Direct Loan Program, and recommend process improvements to ensure compliance
Provide professional guidance, resources, and on-going training, serving as a resource for staff members of the Student Financial Aid Office regarding all Federal Direct Loan inquiries and problem resolution
Counsel students, parents and other pertinent parties regarding the Federal Direct Loan Program and other federal, state, private, and institutional aid, including advisement on the application process and eligibility requirements for such aid within federal, state, and institutional guidelines
Provide support to the other responsibilities of the Disbursement and Information Management Team and provide back-up processing of tasks when needed; perform other duties as assigned by the Associate Director for Disbursement and Information Management, the Executive Director, and the Director of Financial Aid Systems
Qualification
Required
Bachelor's degree in a related field and two (2) years of relevant experience or an equivalent combination of education and experience
Maintain a working knowledge of all applicable regulations
Provide guidance, resources, and training to the Student Financial Aid Office regarding all aspects of Federal Direct Loan processing
Counsel students, parents and other pertinent parties regarding application and eligibility requirements for federal, state, private, and institutional aid
Company
University of Louisville
The University of Louisville is a state supported research university located in Kentucky's largest metropolitan area.
Founded in 1798Louisville, Kentucky, USA
5001-10000 employees
H1B Sponsorship
University of Louisville has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (63)
2024 (44)
2023 (49)
2022 (51)
2021 (54)
2020 (60)
Funding
Current Stage
Late StageLeadership Team
Melisa Adkins, EJD, MBA, BSN, RN
Chief Executive Officer- UofL Health- Mary & Elizabeth w/oversight of Peace & South Hospitals
In K. Kim
Co-Director, Co-Founder, Center for Health Process Innovation (CHPI)
Recent News
2024-02-09
Louisville Business First
2023-12-01
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