Assistant Director, Financial Aid

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Babson Park, MA

Babson College

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Full time

Overview: The Assistant Director is a financial aid professional with a primary responsibility for counseling students and parents about financial aid and educational financing options, and determining financial aid eligibility for institutional, federal, and state funds. The Assistant Director also administers selected aid programs and/or departmental functions.<br /><br /> <p>This is an exempt position with the following pay range: $65,017 - $72,241; the role is also eligible for bonuses based on performance and budget.</p> <p>Babson College offers a comprehensive benefits package for full-time employees working at least 28 hours per week. &nbsp;&nbsp;</p> <ul> <li><strong>Insurance Coverage</strong>: Medical, dental, vision, group life and long-term disability insurance, business travel accident insurance, and mental health benefits.</li> <li><strong>Time Off</strong>: Starting at 3 weeks of vacation annually, 2 weeks of sick time, 1 week of paid family illness time, 6 weeks of paid parental leave, and 12 paid holidays per year.&nbsp; President&rsquo;s holidays are determined each year.&nbsp;</li> <li><strong>Retirement</strong>: Participation in a 403(b) retirement plan with mandatory employee contributions and a 4:1 employer match.</li> <li><strong>Additional Benefits</strong>: Wellbeing programs, virtual fitness platform, and employee assistance program.</li> </ul> <p>&nbsp;</p> <p>All questions or concerns about this posting should be directed to the Office of Human Resources at&nbsp;<a href="mailto:hr@babson.edu" target="_blank" rel="noopener noreferrer">hr@babson.edu</a>.</p>
Responsibilities: <ul> <li>Perform need analysis and verification, determine eligibility, and award financial aid for a caseload of undergraduate and graduate students using both Institutional and Federal Methodology.</li> <li>Advise students and parents about financial aid application processes; federal, state and institutional aid programs; and educational financing options.</li> <li>Assist students and parents with financial planning for their program of study.</li> <li>Serve as counselor-on-duty in a three-person rotation, assisting students in the areas of financial aid and financing options, as well as SFS services related to student accounts and payment options. &nbsp;&nbsp;&nbsp;</li> <li>Administer selected aid programs and/or departmental functions which may include: federal and state grant programs; federal, state, and private loan programs; donor-funded scholarships; education abroad funding; coordinating award notifications; web and print publications; data analysis; federal work-study and campus employment; and reporting.</li> <li>Participate in the College&rsquo;s enrollment management efforts, including on-line and in-person student information sessions.</li> <li>Ensure regulatory compliance in federal Title IV and state financial aid programs.</li> <li>Represent Babson&rsquo;s mission, goals, and customer-service orientation in all work-related settings.</li> <li>Assume additional responsibilities as required.</li> </ul>
Requirements: <p><strong>WHAT EDUCATION AND SKILLS YOU WILL NEED<br /><br /></strong></p> <ul> <li><strong>Bachelor&rsquo;s Degree.</strong>&nbsp;</li> <li><strong>Minimum of 4-6 years of experience in financial aid administration.</strong></li> <li>Ability to succeed in a customer-oriented, team-based, technology-intensive work environment.</li> <li>Ability to <strong>continuously expand knowledge of technology/tools</strong> supporting effective business processes.</li> <li>Assist in reviewing business procedures and workflows to ensure data management systems (Powerfaids, Slate, and Workday) are being fully utilized.</li> <li>Must have excellent counseling, analytical, reporting, and communication skills.</li> <li>Must have <strong>excellent computer skills</strong> including proficiency in Microsoft Office (Word, Excel, PowerPoint).</li> <li>Must have exceptional attention to detail.</li> <li>Envisions and proposes new methods to perform tasks that support ET&amp;A; <strong>takes thoughtful risks</strong>; and accepts new and ongoing initiatives, objectives, and solutions to gain sought-after results.</li> <li><strong>Anticipates and embraces change</strong>; demonstrates willingness to achieve, acquire, and utilize new skills and challenging tasks; and is flexible in changing conditions.</li> </ul> <p>&nbsp;</p> <p><strong>HOW AND WHERE YOU WILL WORK<br /><br /></strong></p> <ul> <li>Hybrid schedule offered (after an initial training period) requiring a minimum of 3 days a week onsite (up to 2 days remote); the on-campus requirement is subject to modification based on organizational need.&nbsp;</li> <li>Some extended hours during orientation and for admission recruitment events are required.</li> </ul> <p>&nbsp;</p> <p><strong>ADDITIONAL SKILLS YOU MAY HAVE<br /><br /></strong></p> <ul> <li>Experience with CSS PowerFAIDS and Institutional Methodology preferred.</li> </ul> <p>&nbsp;</p> <p>&nbsp;</p>