Director of Financial Aid and Scholarship

Company: LRES Corporation
Location: Maywood
Posted on: April 1, 2025

Job Description:

Employment Opportunities Designed to Help Us Collaborate in Creation!Director of Financial Aid and ScholarshipThank you for your interest in Loyola University Chicago. To view open positions, please enter your search criteria below. You may view all open positions by not specifying any search criteria and selecting the "Search" button.Position DetailsJob Title: DIRECTORPosition Number: 8101974Job Category: University StaffJob Type: Full-TimeFLSA Status: ExemptCampus: Maywood-Health Sciences CampusDepartment Name: STUDENT FINANCIAL ASSISTANCELocation Code: FINANCIAL ASSISTANCE (02023A)Is this split and/or fully grant funded? NoDuties and ResponsibilitiesThe Director of Financial Aid and Scholarship (Director) is the primary leadership role at Loyola's Health Science Campus and oversees all aspects of Federal and Institutional Aid for Students at the Stritch School of Medicine (SSOM), Parkinson School of Health Sciences and Public Health, Marcella Niehoff School of Nursing, including ABSN, and other Graduate and Professional Students. This Position provides leadership and strategic oversight administration of Student Financial Aid and Scholarships, ensuring strict compliance with all State and Federal regulations. The Director reports to the Assistant Vice President.Essential Duties and Responsibilities:

• Develops and executes a comprehensive scholarship strategy to attract a diverse and highly qualified Medical Student population.
• Leads the development and dissemination of Financial Aid reports to support strategic decision-making.
• Manages all aspects of Federal and Institutional Financial Aid programs, ensuring compliance with regulations.
• Administers $5M in Endowed, Gift, and Institutional Aid funds to new and continuing Students annually.
• Develops personalized Financial Counseling programs to Students and families on Financial Aid options, debt management, and loan repayment strategies.
• Works closely with the Director of Financial Aid Operations and Reporting on the set-up of student packaging for all SSOM Students.
• Develops and maintains reports required for the Liaison Committee on Medical Education (LCME) accreditation on an annual basis.
• Supports the Assistant Vice President on annual Federal audits.
• Manages Award, Delivery, Scholarship Fund Disbursement, Student Financial Aid Budgets, Document Tracking, and Budget revisions in PeopleSoft.
• Supports technical development of PeopleSoft and other Student Information Systems to ensure accurate enrollment and disbursement of Federal and Institutional funding.
• Serves as a resource for Students through walk-in, email, and phone services, ensuring high-quality service.
• Collaborates with the SSOM Admissions Office in awarding Scholarships and Financial Aid to prospective Students.
• Works closely with SSOM Student Affairs, Registration and Records, Development, and Finance offices to coordinate Scholarships and Financial Awards.
• Conducts presentations and workshops supporting the School of Medicine, School of Nursing, Parkinson School of Public Health, and other Academic Units.
• Oversees the nomination process for selective Awards, Scholarships, and external recognitions; Serves on Award Committees and manages Honors programs.
• Develops and manages the Financial Aid office Budget and associated expenses.
• Ensures timely submission of all Financial Aid reports required by Federal, State, University, and private Agencies.
• Represents Financial Aid interests on SSOM, HSC, LUC, and LUMC committees.
• Supervises and provides performance evaluation for one FTE.
• Performs other duties as required to maintain efficient Financial Aid operations.Minimum Education and/or Work Experience
  • Required: Bachelor's Degree and 12+ years of Financial Aid experience, with a focus on Medical Student Financial Aid Administration.
  • Preferred: Master's Degree and 12+ years of Financial Aid experience, with a focus on Medical Student Financial Aid Administration.QualificationsTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
    • Demonstrated professional progression within the Financial Aid field.
    • Strong strategic leadership and collaborative skills, with the ability to work effectively with Faculty, Staff, and Students.
    • Excellent customer service skills and a student-centered approach.
    • Ability to thrive in a fast-paced, evolving environment while remaining goal-oriented.
    • Strong verbal and written communication skills, with the ability to deliver effective presentations.
    • Ability to work independently and collaboratively, demonstrating initiative and problem-solving skills.
    • Excellent organizational skills, with the ability to manage multiple priorities and adapt to changing institutional and regulatory needs.This role is an opportunity to make a significant impact on Students' financial accessibility to Medical and Health Sciences education at Loyola University Chicago.Certificates/Credentials/LicensesN/AComputer SkillsProficient with PeopleSoft student system and federal sites COD, NSLDS, FAA Access, and others.Supervisory ResponsibilitiesYesRequired operation of university owned vehiclesNoDoes this position require direct animal or patient contact?NoPhysical DemandsRepetitive MotionsWorking ConditionsNoneOpen Date03/04/2025Close DatePosition Maximum Salary or Hourly Rate$135,000/annPosition Minimum Salary or Hourly Rate$130,000/annSpecial Instructions to ApplicantsAbout Loyola University Chicago Founded in 1870, Loyola University Chicago is one of the nation's largest Jesuit, Catholic universities, recognized for its academic excellence, commitment to community engagement, and leadership in sustainability. A Carnegie R1 research institution, Loyola leverages its status as one of an elite group of universities with the highest level of research activity to advance knowledge that serves communities and creates global impact. With 15 schools, colleges, and institutes -including Business, Law, Medicine, Nursing, and Health Sciences-Loyola operates three primary campuses in the greater Chicago area and one in Rome, Italy, that provide students a transformative, globally connected learning experience. Consistently ranked among the nation's top universities by U.S. News & World Report, Loyola is a STARS Gold-rated institution that is ranked as one of the country's most sustainable campuses by The Princeton Review and has earned distinctions from AmeriCorps and the Carnegie Foundation for its longstanding record of service and community engagement. Guided by its Jesuit mission and commitment to caring for the whole person, Loyola educates ethical leaders who think critically, act with purpose, and strive to create a more just and sustainable world.Loyola University Chicago strives to be an employer of choice by offering its staff and faculty a wide array of affordable, comprehensive, and competitive benefits. To view our benefits in detail, click here. Loyola adheres to all applicable federal, state, and/or local civil rights laws and regulations prohibiting discrimination in private institutions of higher education. Please see the University's Nondiscrimination Policy.Applicant DocumentsRequired Documents
      • Resume
      • Cover Letter/Letter of ApplicationOptional DocumentsLoyola University Chicago - Information: (773) 508 - 60001032 W Sheridan Rd - Chicago, IL - 606602018 (c) Loyola University Chicago - University Policies
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