Associate Director - Student Financial Services
Mount Sinai Medical Center, New York, NY, United States
Description
Under the supervision of the Director of Student Financial Services, the Associate Director of Financial Aid is responsible for the comprehensive administration of financial aid to graduate and medical students. The Associate Director is involved in the continuum of aid administration through the application process, need analysis, verification, awarding of aid based on established packaging parameters, the use of professional judgment, disbursement of aid, mandated loan entrance and exit counseling and loan repayment counseling.
Responsibilities
Manages the administration of a comprehensive program of financial assistance to students while adhering to all federal, state, and college policies and regulations related to the disbursement of state aid and Title IV programs
Participates in program and statistical reviews/audits including, A133, FISAP, LCME Part 1B, LCME Tuition and Fee Questionnaire, etc.
Assists the Director with developing and implementing financial aid policies and procedures, including ensuring the office procedures manual is maintained
Participates in Financial Aid Management’s testing new releases and training SFS staff on updated functionality
Works with the Director to draft responses to audit inquiries and assist with implementation of recommendations
Serves as secondary contact for federal, state and internal auditor
Develops regular training materials and presents training session to SFS staff and surrounding offices incorporating all pertinent regulatory changes
Maintains master calendar of all federal, state and institutional reporting dates and ensures compliance
Provides information to students and the public through formal presentations at workshops, meetings and classes, and through written communications to stakeholders
Awards student aid based on application and documentation review, conducting need analysis, exercise of professional judgment, calculating awards based on packaging parameters, and certifying federal/institutional loan disbursements
Assists with other financial aid duties as assigned and other duties assigned by the Director of Student Financial Services
Qualifications
Minimum of 4-5 years of related work experience in financial aid and student financial counseling
Bachelor’s Degree required, Master’s degree preferred
Must be detail-oriented and have excellent customer service, organization and planning, prioritization, problem solving, follow-through, time management, and oral and written communication skills
Experience in Microsoft Office Suite, Office 365, needs analysis programming, and technological experience with financial aide computer application systems (i.e. Datatel, Colleague, Powerfaids, Banner, PeopleSoft, etc.)
Equal Opportunity Employer The Mount Sinai Health System is an equal opportunity employer, complying with all applicable federal civil rights laws. We do not discriminate, exclude, or treat individuals differently based on race, color, national origin, age, religion, disability, sex, sexual orientation, gender, veteran status, or any other characteristic protected by law. We are deeply committed to fostering an environment where all faculty, staff, students, trainees, patients, visitors and the communities we serve feel respected and supported.
Compensation The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $79,720 - $161,199 annually. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.
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Responsibilities
Manages the administration of a comprehensive program of financial assistance to students while adhering to all federal, state, and college policies and regulations related to the disbursement of state aid and Title IV programs
Participates in program and statistical reviews/audits including, A133, FISAP, LCME Part 1B, LCME Tuition and Fee Questionnaire, etc.
Assists the Director with developing and implementing financial aid policies and procedures, including ensuring the office procedures manual is maintained
Participates in Financial Aid Management’s testing new releases and training SFS staff on updated functionality
Works with the Director to draft responses to audit inquiries and assist with implementation of recommendations
Serves as secondary contact for federal, state and internal auditor
Develops regular training materials and presents training session to SFS staff and surrounding offices incorporating all pertinent regulatory changes
Maintains master calendar of all federal, state and institutional reporting dates and ensures compliance
Provides information to students and the public through formal presentations at workshops, meetings and classes, and through written communications to stakeholders
Awards student aid based on application and documentation review, conducting need analysis, exercise of professional judgment, calculating awards based on packaging parameters, and certifying federal/institutional loan disbursements
Assists with other financial aid duties as assigned and other duties assigned by the Director of Student Financial Services
Qualifications
Minimum of 4-5 years of related work experience in financial aid and student financial counseling
Bachelor’s Degree required, Master’s degree preferred
Must be detail-oriented and have excellent customer service, organization and planning, prioritization, problem solving, follow-through, time management, and oral and written communication skills
Experience in Microsoft Office Suite, Office 365, needs analysis programming, and technological experience with financial aide computer application systems (i.e. Datatel, Colleague, Powerfaids, Banner, PeopleSoft, etc.)
Equal Opportunity Employer The Mount Sinai Health System is an equal opportunity employer, complying with all applicable federal civil rights laws. We do not discriminate, exclude, or treat individuals differently based on race, color, national origin, age, religion, disability, sex, sexual orientation, gender, veteran status, or any other characteristic protected by law. We are deeply committed to fostering an environment where all faculty, staff, students, trainees, patients, visitors and the communities we serve feel respected and supported.
Compensation The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $79,720 - $161,199 annually. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.
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