Student Financial Aid Analyst I - Verification

Lubbock

40423BR

Student Financial Aid

Position Description

The Student Financial Aid Analyst plays a crucial role in supporting the financial aid department of Texas Tech University by providing comprehensive analysis, evaluation, and administration of student financial aid programs. This position involves meticulous attention to detail, strong analytical skills, and a deep understanding of financial aid policies and regulations.

About the University

Established in 1923, Texas Tech University is a Carnegie R1 (very high research activity) Doctoral/Research-Extensive, Hispanic Serving, and state-assisted institution. Located on a beautiful 1,850-acre campus in Lubbock, a city in West Texas with a growing metropolitan-area population of over 300,000, the university enrolls over 40,000 students with 33,000 undergraduate and 7,000 graduate students. As the primary research institution in the western two-thirds of the state, Texas Tech University is home to 10 colleges, the Schools of Law and Veterinary Medicine, and the Graduate School. The flagship of the Texas Tech University System, Texas Tech is dedicated to student success by preparing learners to be ethical leaders for a diverse and globally competitive workforce. It is committed to enhancing the cultural and economic development of the state, nation, and world.
About Lubbock:Referred to as the "Hub City" because it serves as the educational, cultural, economic, and health care hub of the South Plains region, Lubbock boasts a diverse population and a strong connection to community, history, and land. With a mild climate, highly rated public schools, and a low cost of living, Lubbock is a family-friendly community that is ranked as one of the best places to live in Texas. Lubbock is home to a celebrated and ever-evolving music scene, a vibrant arts community, and is within driving distance of Dallas, Austin, Santa Fe, and other major metropolitan cities. Lubbock's Convention & Visitors Bureau provides a comprehensive overview of the Lubbock community and its resources, programs, events, and histories.

Major/Essential Functions

• Accurate and timely review of documents critical in the financial aid process required per federal regulations.
• Assist in monthly internal monitoring of financial aid processes for federal compliance.
• Administration of verification of the financial aid application process and the distribution of federal and state financial aid. Review student financial aid applications for accuracy utilizing IRS tax forms and supplemental documentation.
• Support compliance in the office by providing assistance with Satisfactory Academic progress (SAP) and Return to Title IV (R2TIV) processing.
• Maintain confidentiality with regard to federal, state, and institutional policies.
• Review scheduled reports.
• Assist students and families by being available in the Student Financial Aid Center and via email to discuss financial aid awards and options.
• Assist and be readily available for State Auditor's Office requests and audit detail reports.
• Review student account post-verification to ensure accurate awarding of funds.

Required Qualifications

Bachelor's degree plus one year related experience or a combination of education and progressively responsible related experience to equal five years.

Preferred Qualifications

• Working knowledge of higher education
• Intermediate knowledge of Microsoft Office software
• Knowledge of Banner Financial Aid Management system
• Attention to detail and ability to streamline processes
• Ability to prioritize tasks
• Knowledgeable with current federal regulations pertaining to verification, SAP, and R2TIV

Safety Information

Adherence to robust safety practices and compliance with all applicable health and safety regulations are responsibilities of all TTU employees.

Occasional Duties

Advise students, parents, high school counselors, and other entities on the financial aid process (with a primary focus on borrowing options, repayment, and default prevention) through in-office meetings, front counter, special events, orientation, and presentations.

Does this position work in a research laboratory?

No

Special Instructions to Applicants

Must not be in default on student loans, which will prevent access to NSLDS, COD, etc.

Required Attachments

Cover Letter, Professional/Personal References, Resume / CV

Job Type

Full Time

Pay Basis

Hourly

Minimum Hire Rate

17.09

Pay Statement

Compensation is commensurate upon the qualifications of the individual selected and budgetary guidelines of the hiring department, as well as the institutional pay plan. For additional information, please reference the institutional pay plan by visiting www.depts.ttu.edu/hr/payplan.

Travel Required

Up to 25%

Shift

Day

Schedule Details

M-F 8-5

Grant Funded?

No

Job Group

Office and Admn Wkrs All Other

EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, disability, genetic information or status as a protected veteran.