Executive Director of Financial Aid

Department: Financial Aid

Location: Grand Rapids, MI

The Executive Director of Financial Aid provides vision, leadership, and management of the Financial Aid Office and its staff, which awards approximately $35 million annually in federal, state, and institutional aid. This position ensures financial aid services are delivered in a timely and equitable manner, following regulatory compliance. As a member of the Student Success division, this position also is responsible for the exemplary stewardship of institutional, private, state, and federal financial aid funds aimed at helping to meet college strategic enrollment goals and student access, retention, and completion objectives. The Executive Director of Financial Aid reports to the Associate Dean of Student Success - Support and Retention (temporarily Interim Associate Provost of Instructional Support and Institutional Planning).

Requisition ID: 42 Department: Financial Aid Group: Meet & Confer Schedule: 40 Hours/52 Weeks Compensation: AM5, $90,468 Benefits: https://www.grcc.edu/faculty-staff/human-resources/benefits-insurance/medical-plans/new-hire-benefit-enrollment Reports to: Associate Dean of Student Success - Support and Retention (temporarily reporting to the Interim Associate Provost of Instructional Support and Institutional Planning) Posting Opens: 08/14/2024 Posting Closes: Open Until Filled

ESSENTIAL FUNCTIONS

• Lead and supervise the daily operation and functions of the Financial Aid Office. • Hire, evaluate, identify training needs, and mentor Financial Aid staff members. • Develop and implement annual department plans that align with the strategic goals of the college, as well as those of the Enrollment Management Team and Student Affairs. • Serve as primary institutional contact for the Department of Education. • Monitor sources from the federal and state governments regarding current and future changes in regulations related to GRCC's participation in financial aid programs. Communicate information to GRCC leadership, including how the changes will affect GRCC. • Ensure institutional compliance with federal and state regulations pertaining to the administration of various financial aid programs, as well as compliance with related provisions that impact institutional aid eligibility. These include, but are not limited to, program and curriculum development, the Drug and Alcohol Abuse Prevention Policy, Title IX, consumer information, etc. • Prepare for and coordinate annual audits, as well as state and federal program reviews, as needed. • Provide appropriate updates and reports regarding changes in compliance and policy matters to the Associate Dean, Dean, Provost, President, and other college leadership. • Coordinate with Instructional Support and other faculty and staff members to offer financial aid eligibility guidance related to new programs. • Ensure the college's Eligibility and Certification Approval Report (ECAR) and the Program Participation Agreement (PPA) are in good standing with regard to federal compliance. Oversee the PPA recertification process, as needed. • Responsible for the annual completion and submission of the Fiscal Operations Report and Application to Participate (FISAP), as well as all other state and federal financial aid reporting requirements. • Guide and oversee the development, documentation, and implementation of financial aid policies and procedures that adhere to federal and state compliance requirements and align with GRCC's Mission, Vision, Values, and Strategic Plan. • Responsible for gathering, monitoring, assessing, and reporting financial aid information and data for • various programs and services, and using this data and assessment for change management and improvement initiatives. • Monitor campus-based aid (Federal Supplementa