Position Purpose: The Financial Aid Loan Processor is responsible for coordinating the outreach, implementation, and management functions for all student loan programs.
Represents Aurora University in the most positive manner with prospective, former and current students, clients, suppliers and the community we serve. Interacts effectively with a diverse group of faculty, staff, students and other customers of our service, learns and uses operating practices of the department and Aurora University.
Upholds the Mission Statement: Aurora University an inclusive community dedicated to the transformative power of learning.
Handle confidential information with tact and discretion.
Supports learning through performance of essential job functions and performing other duties and functions as necessary or as assigned.
Essential Job Functions:
Responsible for certifying and transmitting all Federal Direct Loans and private loans in a timely, efficient, and accurate manner.
Reconciles Direct Loan funds to ensure institutional compliance and to demonstrate administrative capability as required by regulations. Monitor fund balances, disbursements, adjustments, and year-end closeout procedures.
Researches and interprets student loan regulations and implements changes necessary to ensure compliance with federal regulations.
Documents receipt of Master Promissory Note, Loan Entrance Counseling, and Federal Direct PLUS Applications from COD.
Certifies and tests the accuracy of the annual program setup for Direct Loans in Colleague.
Participates in financial aid presentations and open houses.
Assists with the importing of ISIRs and processing of award letters.
Act as a liaison with various lenders and government agencies regarding student loans.
Essential Job Requirements:
Bachelor's degree required.
Experience in higher education and in financial aid preferred.
Ability to understand the needs of undergraduate and graduate students and parents in terms of financial aid issues.
Excellent communication and organizational skills and a customer service orientation.
Ability to interact with a diverse group of faculty, staff, students and parents and to develop strong working relationships with colleagues, staff, administrators, and students.
Flexibility with an evolving work environment.
Ability to work well in a team environment.
Knowledge of Colleague desired.
Valid Illinois driver's license.
Some evening and Saturday hours required.
Ability to travel regularly to off-campus evening and weekend events.
Ability to move about at various locations. Ability to move about campus.
Ability to interact via telephone, in-person, and via electronic media.
Aurora University is an Equal Opportunity Employer and is committed to becoming a model university of the 21st century. Toward this effort we are determined to have a faculty, staff, and student body reflecting the cultural demographics of the greater Chicago area.
Aurora University (AU) is an inclusive community dedicated to the transformative power of learning. It is committed to helping students discover what matters and build their life around it.
AU is a private, nonprofit, independent university accredited by the Higher Learning Commission. It offers more than 45 undergraduate majors — such as nursing, social work, business administration, criminal justice and psychology — and a wide variety of master’s and doctoral degrees that include social work and business administration. Degree programs are grounded in real-world experiences and are led by experienced, dedicated faculty members, nearly 140 of whom are full-time. The student/faculty ratio is 18:1.
Almost 6,000 undergraduate and graduate students take classes on two main campuses — Aurora University in Aurora, Illinois, and George Williams College in Williams Bay, Wisconsin — as well as the nearby Orchard Center in Aurora and the Woodstock Center in Woodstock, Illinois. Online classes are also available. The Aurora University campus is located 40 miles west of Chicago.
AU has 24 NCAA Division III teams competing in the Northern Athletics Collegiate Conference, Midwest Lacro...sse Conference, Midwest Women's Lacrosse Conference and Northern Collegiate Hockey Association. About 700 student-athletes compete in sports. AU has a rich history and tradition of success across the spectrum of sport offerings. From conference championships to NCAA Championship appearances to academic awards and community service, student-athletes and staff continue to bring excitement and a sense of pride to Aurora University and all of the Spartan fans across the country. At AU, we firmly believe that intercollegiate athletics should promote the character development of participants, enhance the integrity of higher education, and promote civility in society. Toward these ends, we strive to adhere to fundamental values such as respect, civility, honesty and responsibility. Student-athletes and staff are always expected to operate with the principles of sportsmanship and ethical conduct in mind.
Founded in 1893 in Mendota, Illinois, as Mendota Seminary, the institution soon changed its name to Mendota College. By 1911, it had outgrown its facilities and the following year changed its name to Aurora College and moved to Aurora, where its students could take advantage of a thriving business environment and easy access to Chicago. In 1985, Aurora College changed its name to Aurora University to better reflect the magnitude of its academic offerings. Seven years later, Aurora University and George Williams College traditions blended when the two institutions entered into an affiliation agreement that paved the way for a merger eight years later. In 2010, the Woodstock Center opened to meet the needs of students in McHenry County and surrounding communities.