Financial Aid Counselor - Office of Student Financial Aid

Company: Rush University Medical Center
Location: Chicago
Posted on: January 15, 2021

Job Description:

Job Title: Financial Aid Counselor - Office of Student Financial AidDepartment: Student Financial AidShift: 1stSpecialty:Job Number: 2020-2766Date Posted: 09/22/2020Position Type: ProfessionalJob Qualifications:Financial Aid Counselor - Office of Student Financial AidRush Medical College Rush is a health care leader offering world-class innovation, driven by collaboration and committed to accountability and respect, continually striving for excellence in everything that we do. Join a team committed to shaping the future of health care - and discover what your career could be.Position Highlights: The Financial Aid Counselor is responsible for providing counseling to all prospective and current Rush medical students regarding the financial aid application process, policies and procedures, and any other financial aid matters with which students need assistance. The Office of Student Financial Aid supports Rush Medical College with a total enrollment of approximately 600 students. Exemplifies the Rush mission, vision and values and acts in accordance with Rush policies and procedures.Position Responsibilities: Responsible for providing counseling to medical students on the financial aid application process including completion of the Free Application for Federal Student Aid (FAFSA), institutional aid application, federal, private and institutional loans.Provides information on the variety of federal, institutional, and state funding options, including Title IV and Title VIII funding.Interprets and explains the Federal, State and institutional regulations regarding the portfolio of financial aid programs, including federal Title IV and Title VIII programs.Verifies work-study eligibility for students and assists with completion of required documentation.Advises medical students on debt management, credit worthiness, and Federal, State and University guidelines. Counsels prospective students, existing students, residents, and alumni on loan repayment issues and concerns.Meets with Rush Medical College students and residents to provide information and guidance with respect to their aid packages, loan repayments and other financial questions. Possesses the ability to effectively communicate with students using a variety of mediums: email, phone, in-person, social media.Resolves problems, and communicates with students in a timely manner the status of their student aid, Develops and distributes guidelines, procedures, newsletters related to the processing and awarding of financial aid to include important deadlines and other processing dates and details.Conducts workshops, seminars, and informational sessions for Rush Medical College students, residents, and staff in order to further explain financial aid and related matters.Answers inquiries from faculty and staff on an array of financial aid policies and procedures.Participates in recruitment and new student orientation sessions to discuss the specifics of individual financial aid award packages, advise new and subsequent eligibility requirements.Responsible for administration and management of Federal Direct Loans, Alternative Loans and Institutional Loans.Responsible for the processing of Federal Perkins including the transmission of loan data to Campus Partners.Continuous monitoring and reconciliation of all loan disbursements to student accounts to ensure that eligibility requirements are met and in compliance with federal regulations.Reconciles Federal Direct Loan disbursements and cash withdrawals with university Bursar on a monthly basis in compliance with federal regulations.Certifies, processes, and imports all Alternative Loan funding via Electronic Loan Management system (ELM) and the university's student information system; Colleague.Reviews daily Colleague report for disbursement errors and makes corrections as needed.Exports all origination and disbursements records to the Department of Education's Common line Origination and Disbursement (COD) on a daily basis.Assists the Director of Student Financial Aid with closing the annual Federal Direct Loan program.Schedules, prepares, and conducts group Exit counseling sessions for medical students graduating or withdrawing from the college.Create loan history portfolios for actively enrolled students to track and provide accurate comprehensive yearly financial counseling.Interprets and explains the Federal Direct Loan program repayment options available to borrowers especially the variety of income sensitive repayment plans.Compiles and maintains data on graduated students' annual average debt per academic program. Regularly shares this information with key stakeholders.Assists the Office of Financial Affairs with preparation of Exit Counseling information for Rush Loans, Perkins Loans, Grad Plus and any other loan.Reviews financial aid application materials, including the FAFSA, institutional aid application, parent information, tax documentation, and any other required application information.Corresponds with students to request additional documentation and reconcile conflicting information pursuant to the federal guidelines.Calculates financial aid eligibility using federal and institutional formula.Prepares financial aid packages and cost of attendance budgets for students enrolled in the medical college by established due dates.Position Qualifications Include: Bachelor's Degree.Experience with utilizing a variety of technologies, in student information systems, Microsoft Excel and federal financial aid databases such as CPS, COD, NSLDS and ELM.Excellent public speaking and interpersonal skills.Exceptional organizational skills and ability to work in a fast-pace deadline driven environment.Strong written communication skills.Superior customer service skills.Strong commitment to professional development and keeping current on financial aid best practices.Values and exhibits strong commitment to Rush's Diversity goals and objectives.Experience with resolving conflict and barriers in a strategic and diplomatic manner.Preferred Job Qualifications:Two years' graduate and professional student experience.Experience in university environment.Company Highlights:Rush University is ranked 22nd on the Times Higher Education's 2016 list of the world's top 150 universities under 50 years of age.Rush is an academic health system comprising Rush University Medical Center, Rush Copley Medical Center and Rush Oak Park Hospital.Rush University is known for its high-quality health care education, supportive learning environment, engagement with the urban community and forward-looking education approach.Rush is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.Financial Aid Counselor - Office of Student Financial AidRush Medical College Rush is a health care leader offering world-class innovation, driven by collaboration and committed to accountability and respect, continually striving for excellence in everything that we do. Join a team committed to shaping the future of health care - and discover what your career could be.Position Highlights: The Financial Aid Counselor is responsible for providing counseling to all prospective and current Rush medical students regarding the financial aid application process, policies and procedures, and any other financial aid matters with which students need assistance. The Office of Student Financial Aid supports Rush Medical College with a total enrollment of approximately 600 students. Exemplifies the Rush mission, vision and values and acts in accordance with Rush policies and procedures.Position Responsibilities: Responsible for providing counseling to medical students on the financial aid application process including completion of the Free Application for Federal Student Aid (FAFSA), institutional aid application, federal, private and institutional loans.Provides information on the variety of federal, institutional, and state funding options, including Title IV and Title VIII funding.Interprets and explains the Federal, State and institutional regulations regarding the portfolio of financial aid programs, including federal Title IV and Title VIII programs.Verifies work-study eligibility for students and assists with completion of required documentation.Advises medical students on debt management, credit worthiness, and Federal, State and University guidelines. Counsels prospective students, existing students, residents, and alumni on loan repayment issues and concerns.Meets with Rush Medical College students and residents to provide information and guidance with respect to their aid packages, loan repayments and other financial questions. Possesses the ability to effectively communicate with students using a variety of mediums: email, phone, in-person, social media.Resolves problems, and communicates with students in a timely manner the status of their student aid, Develops and distributes guidelines, procedures, newsletters related to the processing and awarding of financial aid to include important deadlines and other processing dates and details.Conducts workshops, seminars, and informational sessions for Rush Medical College students, residents, and staff in order to further explain financial aid and related matters.Answers inquiries from faculty and staff on an array of financial aid policies and procedures.Participates in recruitment and new student orientation sessions to discuss the specifics of individual financial aid award packages, advise new and subsequent eligibility requirements.Responsible for administration and management of Federal Direct Loans, Alternative Loans and Institutional Loans.Responsible for the processing of Federal Perkins including the transmission of loan data to Campus Partners.Continuous monitoring and reconciliation of all loan disbursements to student accounts to ensure that eligibility requirements are met and in compliance with federal regulations.Reconciles Federal Direct Loan disbursements and cash withdrawals with university Bursar on a monthly basis in compliance with federal regulations.Certifies, processes, and imports all Alternative Loan funding via Electronic Loan Management system (ELM) and the university's student information system; Colleague.Reviews daily Colleague report for disbursement errors and makes corrections as needed.Exports all origination and disbursements records to the Department of Education's Common line Origination and Disbursement (COD) on a daily basis.Assists the Director of Student Financial Aid with closing the annual Federal Direct Loan program.Schedules, prepares, and conducts group Exit counseling sessions for medical students graduating or withdrawing from the college.Create loan history portfolios for actively enrolled students to track and provide accurate comprehensive yearly financial counseling.Interprets and explains the Federal Direct Loan program repayment options available to borrowers especially the variety of income sensitive repayment plans.Compiles and maintains data on graduated students' annual average debt per academic program. Regularly shares this information with key stakeholders.Assists the Office of Financial Affairs with preparation of Exit Counseling information for Rush Loans, Perkins Loans, Grad Plus and any other loan.Reviews financial aid application materials, including the FAFSA, institutional aid application, parent information, tax documentation, and any other required application information.Corresponds with students to request additional documentation and reconcile conflicting information pursuant to the federal guidelines.Calculates financial aid eligibility using federal and institutional formula.Prepares financial aid packages and cost of attendance budgets for students enrolled in the medical college by established due dates.Position Qualifications Include: Bachelor's Degree.Experience with utilizing a variety of technologies, in student information systems, Microsoft Excel and federal financial aid databases such as CPS, COD, NSLDS and ELM.Excellent public speaking and interpersonal skills.Exceptional organizational skills and ability to work in a fast-pace deadline driven environment.Strong written communication skills.Superior customer service skills.Strong commitment to professional development and keeping current on financial aid best practices.Values and exhibits strong commitment to Rush's Diversity goals and objectives.Experience with resolving conflict and barriers in a strategic and diplomatic manner.Preferred Job Qualifications:Two years' graduate and professional student experience.Experience in university environment.Company Highlights:Rush University is ranked 22nd on the Times Higher Education's 2016 list of the world's top 150 universities under 50 years of age.Rush is an academic health system comprising Rush University Medical Center, Rush Copley Medical Center and Rush Oak Park Hospital.Rush University is known for its high-quality health care education, supportive learning environment, engagement with the urban community and forward-looking education approach.Rush is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Keywords: Rush University Medical Center, Chicago , Financial Aid Counselor - Office of Student Financial Aid, Other , Chicago, Illinois