Beonair Network of Media Schools · 8 hours ago
Financial Aid Representative
Cincinnati, OH
Full-time
Onsite
Mid Level
3+ years expBeonair Network of Media Schools is an organization that instructs students in all areas of the broadcast industry. The Financial Aid Representative plays a key role in assisting students with their financial aid eligibility and ensuring compliance with federal financial aid requirements while supporting the admissions process.
Broadcast Media
Responsibilities
Meet prospective students and determine their eligibility for financial aid and other most appropriate tuition options, including payment plans or other financing options
At a student’s first meeting with the Financial Aid advisor, the goal of the visit is to be able to achieve an estimate of Financial Aid eligibility as a result of the student completing the FAFSA and receiving the EFC in an email confirmation. If the student has already completed the FAFSA during this session, the student should assign the school OPEID code to their FAFSA so the school can proceed with packaging. A follow-up appointment is to be scheduled within 48 hours so the student can return to complete the FA process
After a student is packaged and all internal documentation is filled out, enroll the student in payer express to contribute to the campus goal
Set all students up in QuickBooks Campus and QuickBooks Cash Receipt with all pertinent information, and upload award letters into QuickBooks
Upload files for review by NFA and RFA through the enrollment cycle
Upload Term 2 files for review by NFA and RFA once SAP is received from Education
Submit completed drop packet for review by NFA and RFA
Complete a payment plan form to ensure auto payment authorization and specific payment dates. Program tuition/fees or approved packing is due for all students by the end of add/drop
Assist students who are flagged for verification to complete the verification process within 2 weeks of informing student of being selected for verification
If any packaging for a student results in more than an out of pocket $5000 balance as of the last day of the last term, then approval must be requested from the CEO prior to the student sitting in class or being counted as an enrolled student
Ensure packaging does not exceed 30 months. If any additional time, seek approval from the National Director of Financial Assistance and Planning (NDFAP). - Adhere to non- interest payment plan: only available to students who after borrowing from Direct and Plus loans still have a balance left on their account
Print and file student ledgers to confirm all pulls were received
Maintain compliant FA files to include all documents on checklist that relate to the first term. (This includes: Enrollment Agreement, ISIR, NSEstimate of FA, Signed Award, Entrance Counseling, MPN, Payment Plan, and any items flagged for verification and ledger card. For the second terms proof of SAP assessment, revised ledger card and before graduation Exit counseling.)
Responsible for maintaining receipt of payments
Complete nightly bank deposits
Interact with students using phone, email, texts, social media channels, and one-on-one communication to ensure accounts are less than 30 days past due
FA Advisor must conduct a daily review of the aging reports and/ or internal tracking reports for payments due by active cohorts to manage meeting weekly cash goal
Join in on weekly one-on-one ledger reviews with NFA and RFA and send a follow-up email about any pending financial aid needing to be requested
Ensure payments are collected and processed on the due date. (If a due date falls on the weekend, payment should be sought the Friday before.)
Complete a weekly review of grads and drops on aging to ensure accounts are current
Execute MPN’s by the end of the drop/add period
Conduct Entrance and Exit counseling as due
Follow up with pending financial aid students to ensure they have all information needed for their education decision to meet app to enroll weekly goal
Qualification
Required
Three years of business experience, ideally within a financial aid/customer service background
4-year college degree and/or experience equivalency
Must have extensive experience and judgment to plan and accomplish campus and department goals
Ability to perform multiple concurrent tasks and function in a fast-paced working environment
Occasional lifting, bending and climbing stairs
Frequent talking, listening, walking, sitting and standing
Interact with students using phone, email, texts, social media channels, and one-on-one communication to ensure accounts are less than 30 days past due
Responsible for maintaining receipt of payments
Complete nightly bank deposits
Ensure payments are collected and processed on the due date
Conduct Entrance and Exit counseling as due
Company
Beonair Network of Media Schools
We train students for careers in radio, television, production and new media. And we're all about doing it in a "hands-on" way.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Nancy Rodriguez
Chief Executive Officer
Company data provided by crunchbase