Duke University

Associate Director, Financial Aid-Debt Management

Duke University$63K — $104K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; analytical skills essential.
  • 5+ years of experience in financial aid administration at education institutions.
  • 3+ years of experience in adult financial literacy education preferred.
  • Deep knowledge of federal, state, and institutional aid regulations essential.
  • Demonstrated leadership and team management skills required.

Responsibilities

  • Coordinate development of financial literacy training courses in collaboration with department heads.
  • Advise students on financial aid planning and budgeting, incorporating debt management.
  • Manage financial aid appeals process while overseeing the appeals committee.
  • Design and manage CANVAS platform resources related to financial literacy for students.
  • Participate in strategic planning and policy formulation for financial aid operations.

Benefits

  • Comprehensive medical and dental care programs.
  • Generous retirement benefits.
  • Family-friendly programs and cultural opportunities.
  • Hybrid work arrangement available.
Full Job Description
Be You.

As a leader in the SOM's the Financial Aid Office, this position provides excellent customer service to prospective students, applicants, and current students' financial aid support activities across all medical and health professions education students. Works with Assistant Dean for Financial Aid, and their leadership team, in developing and implementing a comprehensive plan to ensure scholarships and financial aid programs to assist in attracting top students, with a particular focus on financial literacy and debt management.

Work Arrangement - Hybrid

DEPARTMENTAL PREFERENCES

  • Deep Knowledge of Federal, State, and Institutional Aid Regulations
  • Hands-On Experience with Debt Management & Default Prevention
  • Strong Leadership and Team Management
  • Operational and Systems Expertise
  • Analytical and Data-Driven Decision Making
  • Student-Centered Problem Solving


MINIMUM QUALIFICATIONS

Education/Training - Work requires communications, analytical and organizational skills generally acquired through completion of a bachelor's degree program.

Experience - Work requires five (5) years of experience in administering student financial aid programs at a college, university, or private school.

In addition, preferred experience includes 3 years related training and/or administrative experience to become familiar with general principles of adult financial literacy education and the design/delivery of educational modules.

OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE.

Be Bold.

Work Performed

  • Coordinate the development of unique financial literacy training courses and programs by consulting with department heads and students to identify and evaluate specific areas in developing training needs; design and present educational modules with particular focus on debt management.
    • Responsible for ensuring that all programs, and activities comply with university, state, and federal regulations. Working with the FinAid leadership team, develop methodologies that balance the needs of the students and the school's budget.
  • Provide reports to the Office of Medical and Health Professions Education and the LCME related to debt management.
  • Advise students, individually and in groups, regarding financial aid planning, budgeting, and debt management. Provide robust financial literacy program for School of Medicine programs.
    • Perform one-on-one debt management sessions. Work with Financial Aid leadership team to develop and evaluate significant school-based scholarship programs.
    • Assist in the development and implementation of institutional policy with respect to needs analysis.
  • Manage the financial aid appeals process and oversee the appeals committee; provide educational resources related to budgeting and provide one-on-one sessions with students regarding appeal requests.
    • Manage Satisfactory Academic Progress for Financial Aid per Federal Regulations; counsel students placed on probation
  • Manage CANVAS Financial Literacy platform as a resource center of topics relevant to students and programs. Design financial literacy/debt management courses for all education programs within the School of Medicine. Develop customized communication strategies for student financial aid information, utilizing system functionality.
    • Designs and evaluates work processes, cross training of staff, and electronic and paper record management, including information systems and data bases, for student financial literacy and debt management.
  • Participate in the strategic planning for assigned areas and assist the Assistant Dean in developing and implementing the overall departmental strategic plan;
    • Participate in formulating and implementing policies and procedures; Identify personnel, institutional and materials needed to accomplish objectives; &
    • Provide input to the annual budgetary requirements for training operations.
  • Understand needs analysis application process, a comprehensive understanding of tax documents, federal regulations to award federal funding, and how institutional funding is determined and awarded.
  • Management of tuition reconciliation for the Doctor of Medicine program; resolve discrepancies and communicate concerns to upper management.
  • Serve on the management team with the Assistant Dean. Coordinates FinAid activities with the leadership and staff of the Office of Admissions and Student Services, to ensure the financial aid functions meet community standards and supports the student recruitment and admissions processes and goals, with a focus on student financial literacy and debt management.
  • Working with the FinAid leadership team, supports the creation and implementation of an academic year calendar that guides the work of the FAO including dates related to admissions, financial aid, status reports and other critical work in the areas of financial literacy and debt management.
  • Supervises and evaluates financial aid service representatives' performance to achieve these goals. Recommend various personnel actions including hiring, performance appraisals, supervising, promotions, transfers, and vacation schedules.


The above statements describe the general nature and level of work being performed by individuals assigned to this classification. This is not intended to be an exhaustive list of all responsibilities and duties required of personnel so classified.

The intent of this job description is to provide a representative and level of the types of duties and responsibilities that will be required of positions given this title and shall not be construed as a declaration of the total of the specific duties and responsibilities of any particular position. Employees may be directed to perform job-related tasks other than those specifically presented in this description.

Choose Duke.

Apply today and make a meaningful impact on student access and success!

Anticipated Pay Range: Duke University provides an annual base salary range for this position as USD $63,240.00 to USD $104,040.00. Duke University considers factors such as (but not limited to) scope and responsibilities of the position; candidate's work experience, education/training, and key skills; internal peer equity; as well as market and organizational considerations when extending an offer.

Your total compensation goes beyond the dollars on your paycheck. Duke provides comprehensive and competitive medical and dental care programs, generous retirement benefits, and a wide array of family-friendly and cultural programs to eligible team members.

Learn more at: https://hr.duke.edu/benefits/

About Duke University

Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day town of Trinity in 1838, the school moved to Durham in 1892. Duke's campus spans over 8,600 acres on three contiguous campuses in Durham as well as a marine lab in Beaufort. Duke University is consistently ranked among the top 20 universities in the United States and is a member of the prestigious Ivy League. Duke is also known for its highly ranked medical, law, and business schools. Duke University has a diverse student body, with students from all 50 states and over 100 countries. Duke University was founded in 1838 and is located in Durham, North Carolina.
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