Title IV Compliance Officer

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Description

The Financial Aid Title IV Compliance Officer manages the delivery and accountability of federal, state and institutional financial aid funds to undergraduate and graduate students.

Examples of Duties

• Primarily responsible for Title IV financial aid programs.
• Conducts financial aid compliance tests for each program, to ensure strict adherence to federal regulations and guidelines, policies and procedures.
• Maintain compliance with the Code of Federal Student Aid Regulations (NASFAA).
• Revise policies and policies and procedures to accommodate changes in federal and state regulations as well as institutional policies and ensures that established procedures are followed.
• Review financial aid verification files to ensure program compliance.
• Update the financial aid Standard Operations Procedures Manual and Financial Aid Website, as appropriate.
• Handle escalated issues related to program compliance with higher education agencies and third party advocates.
• Develop and implement an effective program review of aid programs; proactively auditing processes, practices and documents.
• Educate and train employees on compliance related regulations.
• Ensure that the office operations and business transactions follow all relevant legal requirements as promulgated in student aid regulations.
• Oversee cases involving financial aid fraud and abuse.
• Other duties as assigned.

Typical Qualifications

• A Bachelor’s degree, finance, business management, or a related field.
• At least three years of proven experience in financial aid operations.

Supplemental Information

• Good knowledge of requirements and procedures of financial aid.
• Excellent oral and written communication skills.
• Highly analytical with strong attention to detail.
• Management experience (preferred).
• Strategic thinking.