Financial Aid Accountant

Job Details

Job Ref:
10022748
Location:
Adelphi, MD
Category:
Financial Aid
Type:
Full time

Financial Aid Accountant

Office of Financial Aid

Exempt, Regular, Full-Time, Pay Grade 1.2

Stateside Hybrid (Occasional Travel to Adelphi, MD Required)


University of Maryland Global Campus (UMGC) seeks a Financial Aid Accountant.

Essential Duties and Responsibilities:

  • Review complex enrollment scenarios to determine if a Return to Title IV Funds calculation, post-withdrawal disbursement, or loss of financial aid eligibility is required and use strategic and independent judgment to perform R2T4 calculations within the federally mandated timeframes.

  • Create computerized reports, merge and evaluate data from multiple sources, change award amounts, maintain statistical data, and generate communications to students.

  • Counsel and advise students, parents, and UMGC staff on the impact of changes in enrollment, financial aid eligibility, and balances due to the university.

  • Maintain current knowledge of federal Title IV regulations, state rules, and institutional policies pertaining to financial aid and identify ongoing improvements/automation for the R2T4 process.

  • Develop R2T4 models for each semester.

  • Other job-related duties as assigned.

Must be able to meet and maintain access requirements for secure federal and/or state websites, such as the National Student Loan Data System (NSLDS).

Required Education and Experience:

  • Bachelor's degree from an accredited institution of higher learning plus four (4) years of professional experience in higher education, banking, accounting, business, or customer service.

  • Excellent interpersonal, verbal, and written communication skills; demonstrated experience with computerized office systems, including but not limited to Microsoft Office applications such as Word, Excel, and PowerPoint. 

  • Demonstrated ability to prioritize and manage multiple administrative tasks with minimal oversight and experience providing customer service in a timely and proficient manner.

Preferred Education and Experience:

  • Financial aid experience and functional experience with PeopleSoft and/or Salesforce

All submissions should include a cover letter and resume.

The University of Maryland Global Campus (UMGC) is an equal opportunity employer and complies with all applicable federal and state laws regarding nondiscrimination. UMGC is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, national origin, age, marital status, sex, sexual orientation, gender identity, gender expression, disability, religion, ancestry, political affiliation or veteran status in employment, educational programs and activities, and admissions.

Workplace Accommodations:

The University of Maryland Global Campus Global Campus (UMGC) is committed to creating and maintaining a welcoming and inclusive working environment for people of all abilities. UMGC is dedicated to the principle that no qualified individual with a disability shall, based on disability, be excluded from participation in or be denied the benefits of the services, programs, or activities of the University, or be subjected to discrimination. For information about UMGC's Reasonable Workplace Accommodation Policy or to request an accommodation, applicants/candidates can contact Employee Accommodations via email at employee-accommodations@umgc.edu

Benefits Package Highlights:

  • Generous Time Off: Enjoy 22 days of paid vacation, 15 days of sick leave, 3 personal days, and 15 paid holidays (16 during general election years). For part-time employees, time off rates will be prorated based on the number of hours worked.

  • Comprehensive Health Coverage: Access to health care, medical with vision, dental, and prescription plans for both individuals and families, effective from the 1st of the month following your hire date.

  • Insurance Options: Term Life Insurance, Accidental Death and Dismemberment Insurance, and Long-Term Disability (LTD) Insurance. Part-time employees working less than 0.5 FTE are not eligible for LTD.

  • Flexible Spending Accounts: Available for medical and dependent care expenses.

  • Retirement Plans: Choose between the Optional Retirement Program (ORP) or the Maryland State Retirement and Pension System (MSRPS).

  • Supplemental Retirement Plans: include 401(k), 403(b), 457(b), and various Roth options. The university does not provide matching funds.

  • Tuition Remission: Immediate availability for Regular Exempt Staff. Spouses and dependent children are eligible for undergraduate tuition remission after two years of service. NOTE: For part-time employees (at least 50 percent of the time), tuition remission benefits are prorated.

Hiring Rate:

$50,000.00

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