Associate Director for Educational Loans
JOB TITLE: Associate Director for Educational Loans
DEPARTMENT: Student Financial Services
REPORTS TO: AVP for Student Financial Services
Summary: The Associate Director is directly responsible for the awarding, certification, disbursement, and reconciliation of both federal and private loans. The Associate Director oversees one educational loan counselor. This position is also responsible for closing out the Federal Perkins Loan Program, set to expire in September 2017; servicing is expected to continue through FY 2027.
Essential Duties & Responsibilities:
- With assistance of Educational Loan Counselor, certifying all Direct Stafford loans for eligible students
- Ensuring all eligibility requirements met for all federal and private loans programs including complete Entrance Counseling and Master Promissory Notes
- Maintaining and updating University’s preferred lender list on an annual basis
- Participating in and informing University’s financial literacy efforts
- Maintaining relationships with banks, servicers, collection agencies, and guarantors
- Creating and disseminating all federally required educational loan disclosures
- Overseeing all aspects of the Perkins loan program including awarding, disclosure notifications, collections, FISAP reporting, and closing out the program per the Federal Perkins Loan Extension Act of 2015
- Managing the University’s Cohort Default Rate while minimizing unnecessary student borrowing
- Keeping all SFS staff apprised of regulatory changes as they relate to student loans
- Working with University Bursar, on a monthly and year end basis, reconciling both the Federal Direct Loan and Pell Grant Programs
The above statements are intended to describe the general nature and level of work performed by the incumbent; they do not purport to describe all functions. Incumbent may be assigned other duties, and the essential functions may change from time to time as necessary.
Education:
- Bachelor’s degree or 5-7 years relevant experience
Experience:
- Bachelor’s degree or 5-7 years relevant experience
- Strong organizational and communication skills
- Previous experience working with federal student loan programs
- Experience with Ellucian ERP preferred
- Proficiency working with Common Origination and Disbursements system
Competencies, Knowledge, Skills & Abilities:
- Knowledge of Microsoft Office Suite
- Knowledge of COD, NSLDS and FAA Access
About The University:
University of the Arts’ mission is simple: to advance human creativity. Established in 1876, UArts believes creativity is the most essential skill for success in today’s society and has educated generations of groundbreaking artists, performers, designers and creative leaders for more than 141 years. After being granted university status in 1987, University of the Arts became the largest institution of its kind in the nation, offering programs in design, fine arts, media arts, crafts, music, dance, theater and writing. It now features 30 undergraduate arts majors, 15 graduate programs and the nation’s first PhD program in Creativity. UArts is also home to innovative centers across disciplines, including the Center for Immersive Media, Lightbox Film Center, Philadelphia Art Alliance and Rosenwald-Wolf Gallery. Learn more about UArts.
TO APPLY: Interested, qualified applicants should submit letters of application and resumes to the Human Resources Department via email to jobs@uarts.edu. Please ensure job title is in the Subject line.
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http://www.uarts.edu/about/campus-crime-fire-reports
THE UNIVERSITY OF THE ARTS IS AN EQUAL OPPORTUNITY EMPLOYER
Title IX Statement: The University of the Arts prohibits discrimination on the basis of sex in its programs and activities, including admission and employment, in accordance with Title IX of the Education Amendments of 1972. The Director for Title IX, Equity, & Compliance is responsible for overseeing compliance with Title IX and other civil rights laws and regulations. To contact the Director for Title IX, Equity, & Compliance, e-mail titleix@uarts.edu,, or visit The University of the Arts, 320 S. Broad St., Philadelphia, Pa. 19102, Room 260, or call 215-717-6366. To learn more about the University's Title IX policy and response to sex discrimination, including sexual harassment and sexual violence, please visit www.uarts.edu/titleix. Inquiries may also be directed to the Federal agency responsible for enforcing Title IX, the U.S. Department of Education Office for Civil Rights.