North American College of Information Technology (NACIT) is among the leaders in Career Colleges, offering high-quality professional programs. NACIT was established 23 years ago by a team of professionals. We are snowballing and have great opportunities for excellent Financial Aid Officers. Our students come from diverse backgrounds with high levels of education, skills, and motivation to gain knowledge and experience in the Canadian workplace.
Financial Aid Officers
We are seeking energetic, talented, and flexible individuals to join our ever growing team and manage promotional activities to establish our brand.
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 the Ministry guidelines.
- Create financial plans for current and new students.
- 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, supplemental exams, remediation, etc. Enter collections in the computer system and issue receipts.
- Prepare a daily collection report and submit it 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 analyse 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.
Job Type: Full-time
Pay: From $45,000.00 per year
Education:
- Bachelor's Degree (preferred)
Experience:
- Career College as Financial Aid Officer: 2 years (required)
Work Location: In person
