Oxford College Scarborough Campus is seeking an experienced Financial Aid Officer with duties that include counselling and advising students on various financial aid programs, evaluating Financial Aid applications in order to determine student eligibility for various financial aid programs, and collecting data and keeping accurate records.
Duties and Responsibilities
- Meeting potential students to evaluate and explain various financial funding options.
- Explain and assist new and current students to apply for OSAP Loans as per Ministry guidelines.
- Create financial plans for current and new students.
- Coordinate and submit required documents for Government funding from other provinces.
- Monitor student attendance and progress, and document them in the student’s financial file.
- Follow all Ministry guidelines and procedures relating to the administration of OSAP.
- Check for new updates from the OSAP portal regarding OSAP administration. Inform management about new updates and prepare a plan to implement any changes.
- Monitor day-to-day receivables.
- Ensure all student payment plans are up-to-date on the system.
- Collect money from students for tuition fees, printing credits, parking, supplemental exams, remediation, etc. Enter collections in the computer system and issue receipts.
- Prepare daily collection report and submit with cheques/cash/card receipts to finance.
- Reconcile any differences with collection and report.
- Close OSAP files for graduated students. Ensure that all documents are in file as per Ministry requirements.
- Prepare refund calculations for dropped or suspended students.
- Prepare documents and plan for yearly compliance audits.
- Ensure timely and successful completion of a compliance audit.
- Perform miscellaneous job-related duties as assigned.
Job Qualifications and Requirements
- Bachelor’s degree or diploma in Business Administration, Education, or related field.
- Minimum 3 years of demonstrated experience in student financial aid directly related to financial aid counselling, eligibility determination, and need analysis are preferred.
- Excellent verbal and written communication skills to clearly express ideas in an objective manner, and adapt communication style to suit the situation and audience.
- Ability to interpret and explain regulatory information related to the financial aid process.
- Ability to analyze and present numerical data in tables, spreadsheets, and forms.
- Competency to maintain confidentiality and treat sensitive information with discretion.
- Ability to maintain a positive, outgoing attitude with genuine customer service orientation.
Oxford College is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or other applicable legally protected characteristics. Accommodation is available under the Human Rights Code and in accordance with the Accessibility for Ontarians with Disabilities Act.
We thank all those who apply and advise that only those selected for further consideration will be contacted.
Job Types: Full-time, Permanent
Pay: $45,000.00-$50,000.00 per year
Benefits:
- Dental care
- Extended health care
- Life insurance
- Vision care
Education:
- Bachelor's Degree (preferred)
Experience:
- financial advising: 3 years (required)
Work Location: In person
