Director of Student Financial Services
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Title: Director of Student Financial Services
Department/Location: College Financial Services/Elsah, IL
Position Type: Full-Time, 12-month
Summary
The Director of
Student
Financial Services provides strategic leadership and operational oversight for the College’s Student Financial Services function,
including
the implementation of Title IV federal financial aid programs. This position is responsible for ensuring regulatory compliance,
accurate
financial aid awarding and disbursement, effective management of student accounts, and the delivery of clear, compassionate, and
timely
financial guidance to students and families. Reporting to the Senior Director of College Business and Operations, the Director plays
a
critical role in establishing compliant systems, building staff capacity, and fostering a service‑oriented environment that supports
student
access, affordability, and persistence.
Primary Responsibilities
Leadership &
Strategic Planning
- Provides leadership and direction for the
Student Financial Services office, including organizational
planning, workflow design, and staff development - Collaborates with
College leadership to develop and execute a financial aid and
student accounts strategy aligned with institutional mission, enrollment
goals, and compliance requirements - Serves as a key
partner in the College’s transition to full Title IV participation, ensuring
systems, processes, and controls meet federal and state
standards
Financial Aid
Administration & Compliance
- Oversees the
determination of student eligibility, accurate packaging, awarding,
disbursement, and reconciliation of financial aid in accordance with
federal, state, and institutional regulations - Ensures
compliance with all Title IV requirements, including but not limited to cash
management, Return to Title IV (R2T4), Satisfactory Academic
Progress (SAP), verification, and reporting obligations, collaborating with
Principia’s Compliance Program Manager - Monitors and
administers federal, state, and institutional aid programs, including Federal
Pell Grant, FSEOG, Federal Direct Loans, Federal Work‑Study,
state grants and loans, and institutional scholarships and discounts -
Develops, implements, maintains, and regularly updates
policies and procedures related to financial aid and student accounts to ensure
ongoing compliance and audit readiness. - Stays
current with regulatory changes and best practices and translates requirements into
actionable institutional processes.
Student Accounts & Service
Excellence
- Promotes early, proactive, and transparent
communication with students and families regarding financial aid,
educational financing, billing timelines, and financial
responsibilities - Responds to and resolves complex student and family
inquiries with professionalism, empathy, and clarity
Systems,
Reporting & Operations
- Leads the
installation, configuration, and ongoing management of financial aid and student account
software systems and related automated
processes - Coordinates the preparation and distribution of print and electronic
communications, forms, and disclosure
materials - Serves as liaison with Institutional Research and other offices to ensure accurate
and timely reporting, including
FISAP, IPEDS, and other required federal and institutional reports
Collaboration
& Campus Integration
- Works closely with Admissions, Registrar, Academic Advising, Student
Affairs, Residence Life,
and other departments to ensure timely communication of enrollment changes affecting financial aid and student
billing -
Collaborates across campus to support initiatives that improve financial literacy, reduce student loan indebtedness, and
minimize cohort
default rates
Staff Management
- Hires,
trains, supervises,
and evaluates Student Financial Services staff. - Fosters a culture of accountability, continuous learning, and
service excellence
through ongoing training and professional development
Core
Competencies
Principia values the unique strengths
each employee brings to their role. The following competencies are especially
important for success at Principia:
- Leadership: Inspires and guides others with clarity, compassion, and
accountability;
supports individual and team growth in alignment with Principia’s mission and goals. - Culture & Team Building: Fosters a
culture of trust, collaboration, and open
communication; demonstrates genuine care for team members’ well-being and development. -
Resource Stewardship: Manages budgets, time, and resources responsibly and strategically to achieve
departmental and institutional
objectives. - Continuous Learning &
Expertise: Demonstrates mastery in your area of responsibility and seeks opportunities for
professional growth and development. - Accountability & Results Orientation: Manages
time and priorities effectively, meets
commitments, and consistently delivers high-quality outcomes. - Problem Solving & Judgment: Approaches challenges thoughtfully,
considers multiple
perspectives, and makes sound, timely decisions that support institutional goals. - Proactivity & Ownership:
Takes initiative, anticipates needs, and drives projects forward with minimal
supervision while taking responsibility for outcomes. - Excellence & Attention to Detail: Produces accurate, polished, and high-quality work; continuously looks for ways to improve
systems, processes, and results. - Service
Orientation: Builds positive, supportive relationships and responds promptly and
professionally to the needs of students, colleagues,
and other stakeholders. - Collaboration & Collegiality: Works
cooperatively across departments and teams; values input from others and contributes to a positive, respectful environment. -
Communication: Shares information clearly and concisely; listens carefully to
others and adjusts communication style for different audiences
and situations, with the ability to explain complex financial concepts
clearly and compassionately - Inclusion &
Belonging:
Demonstrates respect for all people; values diverse perspectives and fosters a culture of inclusion, belonging, and mutual
respect.
Minimum
Qualifications
- Student of Christian Science
preferred - Supportive of Principia’s guiding statements as
articulated here https://www.principia.edu/about/guiding-statements -
Bachelor’s degree in finance, accounting, business administration, or a
related field - Minimum of five (5) years of progressive
experience in student financial services at a Title IV‑eligible
institution - At least three (3) years of supervisory or leadership
experience - Demonstrated knowledge of federal, state,
and institutional financial aid regulations, including Title IV
compliance - Experience with financial aid management systems and
automated student account platforms - Strong analytical
skills
Preferred Qualifications
- Master’s degree in higher education administration, finance, or a related
field - Experience supporting a new or expanding Title IV program
The statements above describe the general nature and
level of
work, but are not a complete list of responsibilities and are subject to change at the discretion of Principia.
Compensation and Benefits
We offer a competitive starting salary range for this position:
$78,145 – $87,910 annually, commensurate with experience and
qualifications.
In addition to salary, our comprehensive total rewards
package includes:
- Generous Employee Tuition Discount: Enjoy a 90% discount on tuition (pro-rated for
part-time staff) for
your eligible children enrolled from Pre-K3 through College (infant and acorn programs excluded). - Relocation: Principia provides
a relocation reimbursement of up to 12% of your
annual salary when moving from outside a radius of more than 50 miles. - Professional Development: Access to learning opportunities, training programs, and career growth support.
- Comprehensive Benefits:
Learn more about all our benefits here, including comprehensive
health, dental, and vision plans, paid
time off, a 403(b) retirement plan with Principia matching, and more.
Source ⇲
HigherEdJobs - Financial Aid
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