Director of Financial Aid

Posted 2 Days Ago
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Campus, IL, USA
In-Office
92K-500K Annually
Senior level
Edtech
The Role
The Director of Financial Aid oversees financial aid operations, ensuring compliance with regulations and enhancing student enrollment through effective aid strategies and leadership of the financial aid team.
Summary Generated by Built In

Founded in 1854, Hamline was the first university in Minnesota and among the first coeducational institutions in the nation. Hamline University provides a world-class education for undergraduate and graduate students. Our faculty, staff, and students cultivate an ethic of civic responsibility, social justice, and inclusive leadership and service.

Hamline University is an Equal Opportunity employer. Hamline University does not discriminate on the basis of race; color; religion; creed; sex; national origin; marital status; familial status; status with regard to public assistance; membership or activity in a local human rights commission; disability; age; protected veteran status; or any other status protected by applicable law in its education or employment programs or activities. The University will provide reasonable accommodations to qualified individuals with disabilities.

The Director of Financial Aid is a key member of the Enrollment Management leadership team, responsible for the strategic direction, daily operations, and regulatory compliance of Hamline University’s Office of Financial Aid. This position oversees the full range of financial aid programming for undergraduate and graduate students, including federal, state, and institutional aid, with a focus on optimizing aid packages to support recruitment, retention, and affordability goals. The Director is responsible for the stewardship and accurate disbursement of tens of millions of dollars in annual student aid funds flowing through the office.

The Director leads a team of financial aid professionals, serves as the institution’s primary expert on Title IV compliance, and partners closely with Undergraduate Admissions, Enrollment Operations, Graduate Enrollment and Student Success, the Registrar, Student Accounts, and institutional leadership to advance enrollment strategy. The position carries significant decision-making authority and is distinguished by its dual accountability for both technical compliance and strategic enrollment contribution.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

Strategic Leadership & Enrollment Partnership

  • Serve as a senior member of the Enrollment Management leadership team, contributing financial aid expertise to recruitment and retention strategy for undergraduate and graduate populations.
  • Develop and implement aid leveraging strategies, including the analysis of discount rate, net revenue, and enrollment outcomes to optimize packaging models.
  • Collaborate with the Vice President of Enrollment Management and institutional leadership on setting annual aid budgets, merit scholarship parameters, and need-based aid philosophy.
  • Partner with Admissions on funnel management—providing timely aid award data, supporting yield initiatives, and informing recruitment messaging around affordability.
  • Support institutional efforts to grow enrollment among targeted student populations, including middle-income students, graduate enrollees, and underrepresented groups.
  • Serve on university-wide committees and task forces related to student success, enrollment, data governance, and strategic planning.

Financial Aid Program Administration

  • Oversee the administration of all federal, state, and institutional financial aid programs, including Title IV funds (Pell, SEOG, Direct Loans, Parent PLUS, Grad PLUS), Minnesota state grant programs, institutional grants and scholarships, and work-study.
  • Direct the packaging of financial aid awards for incoming and continuing undergraduate and graduate students, ensuring equitable and effective aid distribution aligned with institutional policy.
  • Manage all aspects of the institutional scholarship program, including funded and unfunded merit awards, donor-restricted scholarships, and departmental awards.
  • Manage all programs and funds related to College Work-Study, staff tuition benefits, and Title IV refunds.
  • Provide compliance oversight and institutional accountability for non-financial aid grant programs administered through the office, including TRIO, and other federally or privately funded student support grants (e.g., ETAP, Heim, PAC); ensure accurate reporting, fund stewardship, and coordination with program directors.
  • Monitor and manage financial aid funds to ensure disbursements are accurate, timely, and within authorized award limits.
  • Lead annual review and renewal of aid packaging methodology, evaluating the effectiveness of aid programs against enrollment and net revenue goals.

Regulatory Compliance & Institutional Reporting

  • Ensure institutional compliance with all applicable federal and state financial aid laws and regulations, including FERPA, Title IV program requirements, and Minnesota Office of Higher Education (MOHE) policies.
  • Direct the preparation and submission of required federal and state reports, including the FISAP, State of Minnesota grant reconciliations, and National Student Loan Data System (NSLDS) reporting.
  • Oversee completion of annual surveys and data submissions to NACUBO, IPEDS, and other external agencies as required.
  • Lead and coordinate internal and external compliance reviews and audits, including preparation for federal program reviews; implement corrective action plans as needed.
  • Maintain current knowledge of regulatory changes and proactively communicate and implement policy and procedural updates across the office.
  • Ensure Satisfactory Academic Progress (SAP) policies are maintained, clearly communicated, and applied consistently.
  • Oversee Return of Title IV Funds (R2T4) compliance, ensuring accurate and timely return calculations for students who withdraw or take a leave of absence; maintain institutional policies and procedures governing this process.
  • Establish and oversee protocols for monitoring enrollment changes—including withdrawals and leaves of absence—to ensure timely award revisions and compliance with disbursement requirements.

Office Operations & Technology

  • Manage the day-to-day operations of the Office of Financial Aid, ensuring high-quality, student-centered service delivery across all touchpoints.
  • Direct all aspects of Workday Student financial aid functionality, including annual setup, configuration updates, packaging runs, and system enhancements as new features become available.
  • Establish and maintain protocols for Workday census day processes, ensuring student enrollment data is reviewed and award revisions or withdrawals are addressed prior to term disbursements.
  • Oversee integration and data integrity between Workday, the student information system, and other institutional platforms (e.g., Slate CRM, external lender servicers).
  • Establish and maintain office policies, procedures, and operating standards to ensure consistent application of professional judgment and equitable treatment of students.
  • Manage the office’s operating budget, authorizing expenditures and monitoring budget performance throughout the fiscal year.

Staff Development & Team Leadership

  • Recruit, hire, supervise, and evaluate financial aid staff, including Associate Directors, Financial Aid Counselors, and office support personnel.
  • Establish clear performance expectations, provide regular feedback, and support professional development opportunities aligned with individual and team growth goals.
  • Design and deliver ongoing training for staff on federal/state program requirements, Workday processes, packaging procedures, and customer service standards.
  • Foster a collaborative, inclusive office culture that models Hamline’s values and prioritizes equitable student outcomes.

Student & Family Advising

  • Serve as a resource for complex financial aid cases requiring senior-level review, including appeals, professional judgment determinations, and dependency overrides.
  • Meet with students and families as needed to explain aid eligibility, resolve issues, and support informed decision-making around financing their education.
  • Collaborate with academic advisors, student success staff, and other campus partners to address financial barriers to student retention and degree completion.
  • Ensure that communications from the Office of Financial Aid—including award letters, verification notices, and general correspondence—are clear, accurate, and student-friendly.

Data Analysis & Institutional Research

  • Prepare and present financial aid data analyses for institutional leadership, including enrollment projections, discount rate reporting, and program effectiveness metrics.
  • Contribute financial aid data and analysis to institutional planning processes, accreditation reports, and board-level presentations as requested.
  • Monitor and report on aid expenditures by program, fund source, and student population to support institutional decision-making.

Perform additional duties as assigned. The omission of specific duties does not preclude the supervisor from assigning duties logically related to the position.

REPORTING RELATIONSHIPS

This position reports to the:  Vice President for Enrollment Management

BUDGET MANAGEMENT RESPONSIBILITIES

CC00550 Financial Aid Office Operating Budget ($400,000 – $500,000)

Stewardship and disbursement of tens of millions of dollars in annual federal, state, and institutional student aid funds

REQUIRED KNOWLEDGE, SKILLS, ABILITIES AND KEY COMPETENCIES

  • In-depth knowledge of federal and state financial aid policies, Title IV regulations, and institutional aid strategies.
  • Strong analytical skills; ability to interpret, organize, and present complex data to a variety of audiences.
  • Demonstrated ability to develop and implement aid leveraging strategies in support of enrollment goals.
  • Proficiency with Microsoft Office Suite and Google Workspace; experience with financial aid management systems required (Workday experience strongly preferred).
  • Excellent verbal and written communication skills; ability to explain complex regulatory and financial information clearly to students, families, and campus partners.
  • Strong organizational and project management skills; ability to manage multiple priorities and deadlines in a fast-paced environment.
  • Commitment to equity, access, and student success in financial aid practice.

MINIMUM EDUCATION/EXPERIENCE

  • Bachelor’s degree from an accredited college or university required
  • Minimum of seven (7) years of progressively responsible experience in a college or university financial aid office.
  • Minimum of seven (7) years of direct experience with federal and state financial aid regulations, including Title IV compliance.
  • Minimum of three (3) years of supervisory experience managing professional staff.
  • Demonstrated experience with financial aid system administration and database packaging of financial aid awards.

PREFERRED EDUCATION/EXPERIENCE

  • Master’s degree from an accredited college or university.
  • Experience in a small, private liberal arts institution with both undergraduate and graduate programs.
  • Experience working with both undergraduate and graduate financial aid programs.
  • Experience with Workday Student financial aid configuration and annual setup.
  • Demonstrated experience with enrollment management strategy, aid leveraging analysis, and net revenue modeling.
  • Ten (10) or more years of enrollment management or financial aid experience.
  • Membership and/or leadership in NASFAA, MASFAA, or other relevant professional associations.

REQUIRED LICENSURE/CERTIFICATION/REGISTRATION

N/A

WORKING CONDITIONS / EQUIPMENT

The role requires extended periods of computer work and the ability to work occasional evenings and weekends during peak periods (e.g., priority filing deadlines, student orientation, enrollment close, audit preparation).

ADDITIONAL INFORMATION

This is a full-time, 1.0 FTE, exempt, 12-month position.

Compensation and Benefits:

Pay Range: $82,000.00 - $92,000.00

Full-Time Benefits:

We offer a comprehensive benefits package which may include:

  • Medical, dental, and vision insurance
  • Life insurance
  • Short- and Long-Term Disability
  • Critical Illness and Hospital Indemnity
  • 403(b)
  • 403(b) matching
  • Paid Time off, including vacation time, paid holidays and safe and sick leave time off
  • Employee assistance program
  • Flexible spending account (FSA)
  • Health savings account (HSA)
  • Tuition waiver

All questions marked ‘Required’ need to be answered in order to submit the application. It is important that your application show all of the relevant education and experience you possess. Applications may be rejected if incomplete. If rejected, you must reapply for the position in order to be considered. A resume or curriculum vitae, a cover letter outlining your qualifications for and interest in the position, contact information for 3 current, professional references, as well as copies of transcripts (if required) must be uploaded with each application.

Skills Required

  • Bachelor's degree from an accredited college or university
  • Minimum of seven years of progressively responsible experience in a college or university financial aid office
  • Minimum of seven years of direct experience with federal and state financial aid regulations, including Title IV compliance
  • Minimum of three years of supervisory experience managing professional staff
  • Demonstrated experience with financial aid system administration and database packaging of financial aid awards
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The Company
Minneapolis, Minnesota
1,169 Employees
Year Founded: 1854

What We Do

As Minnesota’s first university since 1854, Hamline has a long history of cultivating extraordinary leaders. We offer a premier education deeply rooted in the liberal arts and Wesleyan values, with real-world learning experiences for real-world impact. Through collaborative research projects that open minds, study abroad adventures that open eyes, service-learning opportunities that open hearts, and internships that open doors, students are prepared to take the lead and make a difference in their community—and the world

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