Director of Financial Aid
Bank Street College of Education

Job Info

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JOB DESCRIPTION

Director of Financial Aid, The Graduate School of Education

Salary range: $140K -$150K annually

The Director of Financial Aid reports to the Chief Financial Officer and is responsible for the overall administration and management of the financial aid work at the Graduate School of Education. The Director provides leadership for financial aid functions and fosters effective communication with prospective students, Student Services and the Bank Street community. S/he coordinates the student loan, scholarship and federal work study programs and ensures compliance with all regulatory requirements.

Responsibilities:

• Oversee all aspects of Federal loan programs including conducting entrance and exit counseling, managing disbursements, compliance and reporting
• Own the usage and updates to the scholarship rubric for the College and administer all scholarships including endowed and restricted accounts, working with the College's Development and External Relations and Business Offices
• Lead Financial Aid discussions in Orientations, Open Houses, Registration events, etc. as needed
• Work with faculty to assess the impact of programmatic changes on financial aid and offer advise around supporting students
• Support the College through audits, compliance reviews and any other one-time inquiries around the Financial Aid process and its role in the student experience at Bank Street College of Education
• Manage the Financial Aid team to ensure that student financial aid transactions (loans and awards) are processed accurately in the system of record and student advisory support is offered in a timely manner
• Monitor student questions, identify solutions for common inquiries and work with the head of enrollment and student services and other stakeholders, where necessary, in implementing solutions for continuous improvement.

Qualifications:

Financial Aid Professional with a minimum of 10 years in professional roles in Higher Education Financial Aid including supervisory and managerial responsibilities.

Must be conversant with current regulatory and compliance issues and active in the financial aid community.

Excellent communication and hands-on technological skills.

Strong service orientation.

Experience at the Graduate Level required.

Submit application, resume and cover letter online.

ABOUT US

Bank Street is a leader in education, a pioneer in improving the quality of classroom practice, and a national advocate for children and their families.

Since its beginnings in 1916, Bank Street has been at the forefront of understanding how children learn and grow. From early childhood centers and schools to hospitals and museums, Bank Street has built a national reputation on the simple fact that our graduates know how to do the work that is right for children.

At Bank Street's Graduate School of Education, students are trained in a model that combines the study of human development, learning theory, and sustained clinical placement to promote significant development as a teacher prior to graduation. Our children's programs-Bank Street School for Children, Family Center, Bank Street Head Start, and Liberty LEADS-foster children's development in the broadest sense by providing diverse opportunities for social, emotional, cognitive, and physical growth. The Bank Street Education Center disrupts inequity through system-level change to help design better educational experiences for both children and adults. The College further supports and influences positive outcomes for children every day through professional development programs, research projects, and other key efforts engaging educators, intermediary organizations, and government officials at the district, state, and federal levels.

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