Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

The Job Duties of a Financial Aid Director in Higher Education

Job Descriptions February 16, 2014

The Financial Aid Director is an intricate part of a higher education institution’s infrastructure. This multifaceted position is a demanding yet rewarding job that requires the professional to excel within three main categories; managerial, developmental, and implementation. While the duties are essentially limitless, tasks will fall under the mentioned categories as the duty pertains to the student, government or the institution itself.

The essential function of the Director is to manage the Financial Aid Office’s staff. It is their responsibility to ensure that the administrative functions are proceeding proficiently. The Director will evaluate the performance of personnel to see where improvements need to be made. He/she is accountable for ensuring that opportunities are provided for staff professional development to improve the overall satisfaction, efficiency, and accuracy of the office.

The Director is responsible for overseeing student financial aid processes for awarding student loans, grants and scholarship packages. This includes monitoring work-study, satisfactory academic progress, and federal, state, and local grant expenditures. They will settle student accounts with the Business Office and calculate refunds or repayments for withdrawn students. The managerial tasks of the position are extensive and should be met with the highest level of discretion maintaining confidentiality.

While managerial tasks are essential, they are merely part of the active role the Director plays. Developing strategies and key data are another facet of this professional’s daily life. Budgets, personnel needs, and operational expenses must be developed and monitored for compliance. Cost of attendance for students seeking financial aid must be assessed to maintain proper calculations for assistance on a continual basis.

A highly important developmental process is to develop strategies that are in compliance with federal and state regulations that align with the institution’s objectives for enrollment. This supports enrollment retention and new student recruitment. The Director is pivotal in the developmental processes that bring success to higher education institutions.

Implementation is the last facet of this professional’s duties. Although managerial and developmental processes are important to the success of the office, ensuring adherence to laws and regulations is fundamental to the infrastructure of the financial aid program. The proper implementation of federal, state, and local laws, as well as regulations and policies, is the Director’s core function.

To maintain proper compliance with laws and regulations, he or she must ensure that the institution has exception free program reviews and audits. It is also an important part of the Director’s role to ensure all required federal, state, and local reports of the institution’s financial aid data are submitted accurately and on time. It’s imperative that the implementation of all laws, regulations, and reporting is adhered to strictly.

The Financial Aid Director, while challenging, is a rewarding profession. It takes skill and organization to excel in the multifaceted dynamic of this job. The professional who takes on these managerial, developmental, and implementation tasks will succeed in developing a well funded and highly satisfied student body who is able to take proper advantage of the resources a Financial Aid Director makes available to them.

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
4 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Learn business and leadership skills through case studies and intensive projects, culminating in a capstone course
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of achievement and tradition to a supportive, online classroom
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Online and ground-based program areas include Fashion Marketing and Management and more.
  • Students can study branding, event management, and public relations to help them prepare for a marketing career
  • Course topics include Fundamentals of Business, Brand Strategy, Project Management, and Principles of Market Research
  • Over 50 locations nationwide, with a student support team dedicated to helping students grow
  • Join our next Open House on 10/21 (10/28 @ select locations)!
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
4 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Online bachelor's programs include BBA, Criminal Justice, IT, Healthcare Management, Pscyhology & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits

Login to your account

Can't remember your Password ?

Register for this site!