Number of Vacancies: 1

Area of Consideration: Open to the Public

Employment Status: full time, temporary

Pay Plan, Series & Grade: Grade 5, Steps 1-10

Salary Range: $63,386-$85,124

Closing Date: February 15, 2016

Location: Van Ness Campus, Washington, DC

Brief Description of Duties
Coordinates the processing of Federal Direct Student Loans, Federal Parent PLUS Loans, Pell Grants and Private Alternative Loans ensuring that specific eligibility criteria are met and loans are disbursed within applicable federal guidelines. The Direct Loan Officer/Financial Aid Counselor also is responsible for assisting students and parents with the loan application, entrance counseling, exit counseling and Master Promissory Note process, as well as acts as the university liaison with private lenders for students with alternative funding needs. The Direct Loan Officer/Financial Aid Counselor monitors over need and over award reports, and makes loan adjustments each week to ensure that students are not over awarded and that loan funds are returned within guidelines mandated by the Department of Education. The Direct Loan Officer/Financial Aid Counselor must reconcile with the Department of Education, Student Accounts Office and the Accounting Office on a monthly and annual basis.
                                                                                                                                               
ESSENTIAL DUTIES & RESPONSIBILITIES:
 

• Administers and coordinates financial aid loan programs offered by the Financial Aid Office such as the Federal Direct Loan Program which includes the Subsidized Stafford Loan, Unsubsidized Stafford Loan and PLUS Loan
• Identify regulatory changes, their impact on the workflow for student awarding and documents them. Update/maintain policy & procedure manual and workflow procedures to maintain compliance with federal and state financial aid requirements.
• Maintains knowledge of loan eligibility and processing requirements, including loan limits, reallocation process, disbursement requirements, deferment and forbearance process, loan consolidation, default prevention, loan forgiveness programs, etc.
• Serve as a liaison between Common Origination and Disbursement (COB) and students/parents.
• Monitors transactions and works closely with the Bursar's office to ensure the timely disbursement and return of loan funds.
• Maintain current knowledge of Federal Regulations and trends in the Federal Loan program by reviewing Federal Regulations in the Federal Student Aid Financial Aid Handbook and maintaining a relationship with lenders, loan service providers, and guaranty agencies as well as attending conferences for loan administrators and coordinators.
• Conducts Entrance, Exit Loan Counseling, and provides financial literacy workshops as needed.
• Assists in the Reconciliation process of Direct Loan disbursements between Banner and Common Origination and Disbursement (COD) Web site for program compliance and accuracy.
• Pro-rates Direct Subsidized Loans for students whose remaining period of study is shorter than an academic year.
• Monitors 150% Direct Subsidized Loan Limit.
• Ability to reason logically; ability to collect, compile, analyze, and evaluate data and make verbal or written presentations based on these data.
• Ensure timely and accurate transmittal of data to the Department of Education including but not limited to: clearing Pell and Direct Loan rejects and errors, and originating loans.
• Develop, implement, and maintain an effective compliance program to detect, prevent, and resolve issues that fail to meet federal and state financial aid regulations.
• Monitor federal and state financial aid regulatory environments and communicate proposed changes to the Director & Associate Director of Financial Aid (IFAP, NASFAA News, FSA Manual, Blue Book, ISIR/SAR Comment Codes, CDR Guide, etc.).
• Ability to train others on new skills and procedures and provide work lead direction.
• Ensure that communication, in all forms and modalities, with students and the campus community meets federal regulations.
• Develop procedures and internal controls to ensure that financial aid is properly awarded to the appropriate students.
• Ability to carry out very complex assignments without detailed instructions.
• Coordinate and complete annual internal and required external financial aid audits.
• Seek opportunities to gain knowledge and implement more effective and efficient processes.
• Maintains master calendar of all federal, state and agency reporting dates and ensures compliance.
• Coordinates activities and teamwork between Financial Aid, Finance, Student Account’s, Registrar, and Admission to ensure compliance with Federal and State regulations.
• Performs other duties as assigned that support the purpose and initiatives the Enrollment Management Unit and the University.                 

Required Qualifications
 

• Bachelor's degree required.
• Previous recent experience in a Student Financial Aid office of at least 5yrs
• Knowledge of Banner required
• Must have ability to work in a fast paced environment and have excellent oral and written communication skills and proficient with Excel, Word, NSLDS, COD and CPS
• Candidate must not be in default on Title IV student loans
   

Information to Applicant

Condition of Employment:  Temporary employment is restricted to a one year appointment and employment may be ended at anytime with or without cause. 

Collective Bargaining Unit (Non-Union): This position is not in the collective bargaining unit.  

Employment Benefits
Selectee will be eligible for health and annual (vacation) and sick leave only.  

Equal Opportunity Employer: All qualified candidates will receive consideration without regard to race, color, religion, national origin, sex, age, marital status, personal appearance, sexual orientation, gender identity ore expression, family responsibilities, matriculation, genetic information, disability or political affiliation.

Notice of Non-Discrimination: In accordance with the D.C. Human Rights Act of 1977, as amended, D.C. Official Code, Section 2-1401.01 et. seq., (Act) the University of the District of Columbia does not discriminate on the basis of actual or perceived: race, color, religion, national origin, sex, age, marital status, personal appearance, sexual orientation, gender identity or expression, familial status, family responsibilities, matriculation, political affiliation, genetic information, disability.  Sexual harassment is a form of sex discrimination which is also prohibited by the Act.  In addition, harassment based on any of the above protected categories is prohibited by the Act.  Discrimination in violation of the Act will not be tolerated.  Violators will be subject to disciplinary action.

Veterans Preference:  Applicants claiming veteran's preference must submit official proof at the time of application.

Drug-Free Workplace: Pursuant to the requirements of the Drug-Free Workplace Act of 1988, the individual selected to fill this position will, as a condition of employment, be required to notify his/her immediate supervisor, in writing, not later than five (5) days after conviction of any criminal drug statute occurring in the workplace.

Background Investigation: Employment with the University of the District of Columbia is contingent upon a satisfactory background investigation.  The determination of a "satisfactory background investigation" is made at the sole discretion of the University of the District of Columbia.  The University may refuse to hire a finalist, rescind an offer of employment to a finalist or review and may terminate the employment of a current employee based on the results of a background investigation.

Disposition of Resume: Resumes received outside the area of consideration and/or after the closing date will not be given consideration. You must resubmit your resume to receive consideration for any subsequent advertised position vacancies. For the purpose of employment, resumes are not considered job applications. Therefore, if selected for employment a UDC application will be required.

Job Offers: Official Job Offers are made by the University of the District of Columbia, Office of Human Resources Only.

Contact Information:  All inquiries related to employment and job applications should be directed to UDC Office of Human Resources at (202) 274-5020.

The University of the District of Columbia is an Equal Opportunity/Affirmative Action institution. Minorities, women, veterans and persons with disabilities are encouraged to apply. For a full version of the University’s EO Policy Statement, please visit: http://www.udc.edu/equal opportunity/.