University of Minnesota · 1 day ago
Director of Financial Aid & Scholarships
Crookston, MN
Full-time
Onsite
Lead/Staff, Director/Executive
$68K/yr - $80K/yr
4+ years expThe University of Minnesota is committed to providing a diverse and inclusive environment, and they are seeking a Director of Financial Aid & Scholarships. The role involves strategic leadership and oversight of financial aid operations, ensuring compliance and effective budget management while collaborating across campus to support enrollment and retention goals.
EducationHigher EducationUniversities
Responsibilities
Manage the day-to-day operations of the Office of Financial Aid and serve as the functional expert for all federal, state, institutional, and private financial aid and scholarship programs
Oversee and support the accurate and timely disbursement and reconciliation of institutional, state, and federal financial aid funds
Ensure fiscal accountability and compliance for all financial aid programs, including but not limited to Pell Grants, Supplemental Educational Opportunity Grants (SEOG), Federal Work-Study, Direct Loans, VA benefits, and institutional aid
Oversee the administration of scholarship programs, the Federal Work-Study Program, and Veterans Affairs (VA) education benefits
Interpret, implement, and enforce financial aid policies and procedures in accordance with federal, state, and institutional regulations
Review and apply professional judgment decisions consistent with regulatory and institutional guidelines
Plan, implement, and assess strategic and operational initiatives for the Office of Financial Aid in collaboration with campus partners, including Academic Affairs, Enrollment Management, and other university departments, to ensure effective and efficient student service
Design and maintain workflow processes to ensure the timely completion of all financial aid office responsibilities
Forecast, monitor, and manage financial aid expenditures; prepare and submit required federal, state, and institutional reports
Oversee the preparation and submission of the Federal Fiscal Operations Report and Application to Participate (FISAP)
Direct Financial Aid Office operations, including application processing, communications, counseling, needs analysis, verification, and aid delivery
Oversee the processing and awarding of grants, loans, and employment funds for new and continuing students
Monitor and manage the annual operating budget for the Office of Financial Aid, in collaboration with the Director of Admissions
Coordinate annual reviews and updates to prepare for verification processing and financial aid delivery for each academic year
Maintain accurate and compliant financial aid records, including awards, adjustments, appeals, and documentation, in accordance with federal and state regulations
Ensure regulatory compliance and audit readiness by maintaining accurate documentation and implementing corrective actions as needed
Coordinate institutional responses to internal and external audits related to student financial aid
Ensure the PeopleSoft system and all manual processes comply with university, state, federal, and external agency financial aid regulations
Maintain and organize program files and documentation to meet Office of Financial Aid Services (OFAS) and audit requirements
Organize, prioritize, assign, and monitor work and special projects within the Office of Financial Aid
Provide leadership, training, and ongoing support to assigned staff; ensure adherence to regulatory requirements and best practices
Exercise supervisory authority, including the ability to recommend hiring, promotion, transfer, discipline, and termination actions, as well as assign work and address grievances
Participate in admissions and enrollment-related events, including open houses and campus visits
Develop and execute strategic financial aid plans that align with institutional enrollment, recruitment, and retention goals
Foster an inclusive work environment that values diversity, equity, cultural awareness, and professional growth
Perform other duties as assigned
Qualification
Required
BA/BS degree plus at least 6 years of relevant experience, or master's degree and 4 years of relevant experience
Benefits
Competitive wages, paid holidays, and generous time off
Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program
Low-cost medical, dental, and pharmacy plans
Healthcare and dependent care flexible spending accounts
University HSA contributions
Disability and employer-paid life insurance
Employee wellbeing program
Excellent retirement plans with employer contribution
Public Service Loan Forgiveness (PSLF) opportunity
Financial counseling services
Employee Assistance Program with eight sessions of counseling at no cost
Company
University of Minnesota
University of Minnesota is an educational institution that offers master's and doctoral degrees in medicine, law, and engineering fields.
10001+ employees
H1B Sponsorship
University of Minnesota 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 (298)
2024 (240)
2023 (289)
2022 (215)
2021 (201)
2020 (185)
Funding
Current Stage
Late StageTotal Funding
$97.08MKey Investors
American Academy of Orthopaedic SurgeonsNational Science FoundationU.S. Environmental Protection Agency
2023-12-01Grant· $0.03M
2023-05-04Grant· $20M
2023-04-13Grant· $10M
Leadership Team
Shane Stennes
Chief Sustainability Officer
Recent News
2025-12-17
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