Ultimate Medical Academy
Student Finance Quality Assurance Processor
Ultimate Medical Academy, Atlanta, Georgia, United States, 30383
Student Finance Quality Assurance Processor
Ultimate Medical Academy is a non-profit healthcare educational institution with a national presence. Headquartered in Tampa, Florida and founded in 1994, UMA offers content-rich, interactive online programs as well as hands-on training at our Clearwater, Florida campus. Purpose of the Position:
As a Student Finance Quality Assurance Processor, your mission is to maintain compliance across all Student Finance departments during the determination, awarding, disbursement, and return of Federal Student Aid (FSA) funds. We conduct regular quality assurance evaluations to enhance our existing processes and procedures. Additionally, we review and address approved past-due aid, collaborating with relevant teams to resolve account issues and ensure timely processing of financial aid packaging revisions. What you’ll do
Title IV Funding Management : Review past-due and expected Title IV funding. Take appropriate actions to resolve issues affecting payment of these funds. This includes handling Pell adjustments. Documentation Accuracy and Awarding : Receive and meticulously review student files for completeness and accuracy. Ensure that Title IV aid is awarded correctly based on the student’s FSA eligibility. Return incorrect or incomplete files to Student Finance Advisors. Process Improvement and Knowledge : Identify opportunities for process enhancements, actively participate in implementing new procedures, and maintain a thorough understanding of Title IV regulations. Adhere to Director’s goals and metrics for the SF Quality Assurance team. Provide guidance to Advisors and Planners regarding Title IV and Student Finance policies and procedures. NSLDS Review and Compliance : Regularly check the National Student Loan Data System (NSLDS) to review student default status, overpayments, and total aggregate loan limits. Maintain compliance with federal regulations. Perform other duties as assigned . Career Level Expectations
Entry-level position. Work is supervised. Communicates information that requires a high level of accuracy. Problems faced are often routine and require critical thinking. Desire for growth and professional development. Required Skills/Experience
High School Diploma or equivalent experience. Financial Aid experience and/or working knowledge of Title IV Regulations. Must not have a federal student loan appearing on the NSLDS with an unresolved default status. Must be eligible to access the NSLDS. Skills – organization, time management, attention to detail, personal accountability, integrity, and adaptability to a high-pressure environment. Ability to professionally communicate fluently in verbal and written English. Ability to support a diverse and inclusive work environment. Computer literacy/basic computer skills to effectively navigate and utilize the technology required for the role. Preferred Requirements
Any degree and/or any strong or advanced proficiency in the above required skills/experience. 2 years’ experience in the higher education industry. 6 months’ experience at UMA Education, Inc. 1+ year of experience in awarding/administering Federal Title IV funds with a post-secondary education institution. Proficient in MS Office (Word, Excel, PowerPoint) and other business tools such as Microsoft Teams. Other skills or abilities – customer service, conflict resolution, problem-solving skills, and critical thinking. COD and advanced experience with Campus Nexus. Compliance
Demonstrate knowledge of, and carefully follows all applicable state laws and rules, federal and state compliance requirements and regulations including those prescribed by the U.S. Department of Education, accrediting agencies, state regulations and internal policies and procedures. Effectively communicate compliance requirements to other staff as appropriate and quickly escalate any compliance concerns to the Compliance department. Participates in activities including, but not limited to, student recruitment activities and/or activities related to securing financial aid. Work Environment/Physical Demands
This is a full-time remote position, with occasional planned onsite travel required. Home office setup, a quiet place to work, and the ability to hard wire into high-speed internet connection. May require setup of computer equipment; accommodation consideration is available upon request. Flexibility to work evenings and weekends, as needed. Anticipated Starting Salary
is based on experience and qualifications. Compensation range: $20.00 USD per hour. Our Values Act with Integrity : We operate honestly and ethically in an industry-compliant fashion. We are fair and trustworthy in our interactions with all we serve. We are disciplined professionals who strive to be straightforward and dependable. Champion Student Outcomes : We are committed to our students’ success and ensuring their educational and career outcomes. Commit to Team Member Success : We strive to create an environment that supports learning, development, and career growth. Pursue Results with Purpose : We pursue ambitious, measurable results with accountability and strategic thinking. Have Fun. Build Energy : Building a positive, energetic work environment is important to our success and that of our students. Work as One : We value diverse, inclusive teams and collaborative problem-solving. UMA will NEVER ask you to send money or provide bank information for reimbursement. If you have concerns about a job posting, you can verify the position at https://workatuma.com/
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Ultimate Medical Academy is a non-profit healthcare educational institution with a national presence. Headquartered in Tampa, Florida and founded in 1994, UMA offers content-rich, interactive online programs as well as hands-on training at our Clearwater, Florida campus. Purpose of the Position:
As a Student Finance Quality Assurance Processor, your mission is to maintain compliance across all Student Finance departments during the determination, awarding, disbursement, and return of Federal Student Aid (FSA) funds. We conduct regular quality assurance evaluations to enhance our existing processes and procedures. Additionally, we review and address approved past-due aid, collaborating with relevant teams to resolve account issues and ensure timely processing of financial aid packaging revisions. What you’ll do
Title IV Funding Management : Review past-due and expected Title IV funding. Take appropriate actions to resolve issues affecting payment of these funds. This includes handling Pell adjustments. Documentation Accuracy and Awarding : Receive and meticulously review student files for completeness and accuracy. Ensure that Title IV aid is awarded correctly based on the student’s FSA eligibility. Return incorrect or incomplete files to Student Finance Advisors. Process Improvement and Knowledge : Identify opportunities for process enhancements, actively participate in implementing new procedures, and maintain a thorough understanding of Title IV regulations. Adhere to Director’s goals and metrics for the SF Quality Assurance team. Provide guidance to Advisors and Planners regarding Title IV and Student Finance policies and procedures. NSLDS Review and Compliance : Regularly check the National Student Loan Data System (NSLDS) to review student default status, overpayments, and total aggregate loan limits. Maintain compliance with federal regulations. Perform other duties as assigned . Career Level Expectations
Entry-level position. Work is supervised. Communicates information that requires a high level of accuracy. Problems faced are often routine and require critical thinking. Desire for growth and professional development. Required Skills/Experience
High School Diploma or equivalent experience. Financial Aid experience and/or working knowledge of Title IV Regulations. Must not have a federal student loan appearing on the NSLDS with an unresolved default status. Must be eligible to access the NSLDS. Skills – organization, time management, attention to detail, personal accountability, integrity, and adaptability to a high-pressure environment. Ability to professionally communicate fluently in verbal and written English. Ability to support a diverse and inclusive work environment. Computer literacy/basic computer skills to effectively navigate and utilize the technology required for the role. Preferred Requirements
Any degree and/or any strong or advanced proficiency in the above required skills/experience. 2 years’ experience in the higher education industry. 6 months’ experience at UMA Education, Inc. 1+ year of experience in awarding/administering Federal Title IV funds with a post-secondary education institution. Proficient in MS Office (Word, Excel, PowerPoint) and other business tools such as Microsoft Teams. Other skills or abilities – customer service, conflict resolution, problem-solving skills, and critical thinking. COD and advanced experience with Campus Nexus. Compliance
Demonstrate knowledge of, and carefully follows all applicable state laws and rules, federal and state compliance requirements and regulations including those prescribed by the U.S. Department of Education, accrediting agencies, state regulations and internal policies and procedures. Effectively communicate compliance requirements to other staff as appropriate and quickly escalate any compliance concerns to the Compliance department. Participates in activities including, but not limited to, student recruitment activities and/or activities related to securing financial aid. Work Environment/Physical Demands
This is a full-time remote position, with occasional planned onsite travel required. Home office setup, a quiet place to work, and the ability to hard wire into high-speed internet connection. May require setup of computer equipment; accommodation consideration is available upon request. Flexibility to work evenings and weekends, as needed. Anticipated Starting Salary
is based on experience and qualifications. Compensation range: $20.00 USD per hour. Our Values Act with Integrity : We operate honestly and ethically in an industry-compliant fashion. We are fair and trustworthy in our interactions with all we serve. We are disciplined professionals who strive to be straightforward and dependable. Champion Student Outcomes : We are committed to our students’ success and ensuring their educational and career outcomes. Commit to Team Member Success : We strive to create an environment that supports learning, development, and career growth. Pursue Results with Purpose : We pursue ambitious, measurable results with accountability and strategic thinking. Have Fun. Build Energy : Building a positive, energetic work environment is important to our success and that of our students. Work as One : We value diverse, inclusive teams and collaborative problem-solving. UMA will NEVER ask you to send money or provide bank information for reimbursement. If you have concerns about a job posting, you can verify the position at https://workatuma.com/
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