A financial aid officer's main responsibility is to make sure that students have the financial resources that they need to attend their institution (typically a college or university). They keep track of all financial aid packages offered by their institution and explain them to students, as well as help determine if students are qualified for those packages. Additionally, financial aid officers are responsible for supporting other departments as needed, such as by assisting with state and federal reporting, presentations, and any other duties as assigned.
Financial Aid Officer Tasks
Verify and certify loan applications, then follow through to collections, including all documentation.
Assist students and parents with paperwork, eligibility questions, and handling awards.
Create, negotiate, and communicate financial aid plans for students that fit with existing resources and policies.
Oversee specific programs like the federal work-study program, exchange/visiting students, Title IV, etc.