University of Texas at Dallas Loan Coordinator in Dallas, Texas

Position Details

Job Summary

This position will be responsible for all aspects of reviewing, certifying, awarding, disbursing, and reconciling State and private educational loans to ensure that timely and accurate eligibility determinations and disbursements are made in compliance with applicable regulations. This position will also be responsible for reviewing, originating, disbursing, and returning Federal Title IV program funds, including Direct Loan and TEACH Grant awards, to ensure that timely and accurate eligibility determinations and disbursements are made in compliance with applicable regulations.

Minimum Education and Experience

Bachelor’s degree and/or equivalent work experience. Three years previous experience working in Financial Aid or Higher Education. Excellent organizational skills; proficient in MS Office products with ability to learn other software programs; detail oriented, and accurate. Strong communication skills: written, oral, active listening and interpersonal skills.

Essential Duties and Responsibilities
  • Follow program guidelines to determine eligibility and certify student and parent requests for Federal, State, and Private Educational loans.

  • Use sound accounting principles to manage incoming Federal, State and Private educational loan disbursements.

  • Perform detail-level reconciliations of Federal, State and Private educational loan funds accounts on a monthly basis; document variances and assist with their resolution.

  • Identify and review student withdrawals subject to “Federal Return of Title IV Funds” regulations; perform “Return of Title IV Funds” calculations and return of funds within specified deadlines.

  • Follow program guidelines to determine student eligibility for and process Federal TEACH Grant awards.

  • Provide loan counseling and information to loan borrowers; participate in default management activities.

  • Maintain student loan data using COD, NSLDS, State and Private Loan systems, and PeopleSoft Student Information system; identify and resolve inconsistencies.

  • Provide first level of support to Call Center, Welcome Center and Financial Aid staffs regarding loan issues; provide information to students regarding general financial aid program requirements and procedures.

Posting Number: S01555P

Position Title: Loan Coordinator

Department: Financial Aid

Salary Range: $37,000.00

Pay Basis: Monthly

Position Status: Regular full-time

Location: Richardson

Posting Open Date: 02/16/2018

Open Until Filled: No

Desired Start Date: 03/19/2018

Important Message: 1) The University of Texas at Dallas is an equal opportunity/affirmative action employer (M/F/D/V). 2) All employees serve as a representative of the University and are expected to display respect, civility, professional courtesy, consideration of others and discretion in all interactions with members of the UT Dallas community and the general public.