New Jersey Institute of Technology · 3 hours ago
Financial Aid Advisor/Program Specialist
Newark, NJ
Full-time
Onsite
Entry, Mid Level
$63K/yr - $103K/yr
2+ years expNew Jersey Institute of Technology is seeking a Financial Aid Advisor/Program Specialist to assist in the administration of student financial assistance and scholarship programs. The role involves coordinating student aid programs, advising students on financial aid processes, and ensuring compliance with regulations.
EducationHigher EducationUniversities
Responsibilities
Coordinate administrative activities involved in administering one or more student aid programs or processes. This includes ensuring compliance, setting and following an annual schedule of activities and deadlines required to administer the program and if appropriate, reconciling the student aid program
Analyze, interpret and follow federal, state and institutional regulations and guidelines in administering the various federal, state, private and institutional student aid and scholarship programs
Perform student aid needs analysis, verification of financial data and other criteria to confirm student aid eligibility, federal state and institutional financial aid award packaging, process and originate educational loans for students and parents, and other procedures necessary to deliver financial aid to students
Counsel and advise students on the student aid application process, requirements for eligibility, needs analysis, process for change in financial circumstances, rights and responsibilities regarding student aid, academic progress requirements and procedures for appealing, and other information related to student scholarships, grants, work and loans
Serve as the financial aid contact for the veterans population in providing clear and complete explanation of available financial aid, describing the differences between private and federal student loans, explaining their rights to refuse all or borrow less than the maximum loan allowed, and discussing NJIT’s cohort default rate and other necessary information as per Department of Defense MOU
Troubleshoot student inquiry at the front service counter
Conduct Financial Aid, Scholarship, and Student Employment workshops and Debt Counseling presentations
Perform other related duties
Qualification
Required
A Bachelor's degree is required
A minimum of two years of professional financial aid experience is required
Knowledgeable of federal and state financial aid regulations, needs analysis, student budgets, financial aid packaging, professional judgment policies, debt management, and federal, state and private grants, scholarships, work and loan programs
At the university's discretion, the education and experience prerequisites may be exempted where the candidate can demonstrate to the satisfaction of the university, an equivalent combination of education and experience specifically preparing the candidate for success in the position
Preferred
Working knowledge of Ellucian Banner ERP and strong PC based computer systems and electronic reporting processes
Proficient with Microsoft Suite Applications (Word, PowerPoint, Excel, and Access)
Effective public speaking and interpersonal/counseling skills
Ability to handle multiple tasks and complete various projects within designated deadlines in a fast-paced environment
He/she must have excellent written and oral communication and organizational skills, be a self-starter and team player, pay careful attention to detail, work independently and have a positive attitude toward student service
Company
New Jersey Institute of Technology
New Jersey Institute of Technology is an educational institution that offers undergraduate and graduate degree programs.
1001-5000 employees
H1B Sponsorship
New Jersey Institute of Technology 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 (51)
2024 (33)
2023 (30)
2022 (38)
2021 (19)
2020 (22)
Funding
Current Stage
Late StageTotal Funding
$9.99MKey Investors
National Science FoundationU.S. Department of EducationU.S. Environmental Protection Agency
2023-10-09Grant· $6M
2023-01-18Grant· $1.3M
2022-08-29Grant· $1.17M
Leadership Team
Joyoung Lee
Associate Professor
Recent News
2025-12-28
2025-11-27
2025-11-23
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