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 They will settle student accounts with the Business Office and calculate refunds or repayments for withdrawn students.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.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 95% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
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
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 95% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
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
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!