Financial Aid Manager

The Financial Aid Manager leads the administration and compliance of all financial aid programs at Summit Academy OIC, ensuring effective management of federal, state, and institutional financial aid in accordance with all regulatory requirements.

Requirements

• Administer, coordinate, and manage all federal, state, and institutional financial aid programs, including grants, scholarships, and work-study
• Ensure timely processing of financial aid applications, eligibility determinations, awards, and disbursements for all eligible students
• Oversee all financial aid awarding processes and review work completed by financial aid staff to ensure accuracy and compliance
• Maintain accurate and complete documentation for all student financial aid files in accordance with regulatory requirements
• Ensure full compliance with federal, state, and accrediting agency regulations governing financial aid programs
• Prepare and submit required federal and state reports including FISAP, IPEDS, Minnesota Office of Higher Education reports, and other regulatory filings
• Develop and implement short-term and long-term strategies for financial aid administration aligned with institutional enrollment goals and KPIs
• Collaborate with senior leadership to support enrollment management initiatives and student retention efforts
• Supervise and monitor the Satisfactory Academic Progress (SAP) process
• Serve as a liaison with federal, state, and local agencies regarding financial aid policies and program participation
• Provide guidance and support to students navigating the financial aid process
• Maintain a high level of professional competence in financial aid administration and program assessment
• Participate in state and national financial aid organizations, conferences, and professional development opportunities

Benefits

• Paid Time Off (PTO) policy
• 11 annual paid holidays
• 2 annual scheduled, paid mental health days
• Comprehensive health, vision, dental, and voluntary life insurance
• Employer-sponsored life, short-term, and long-term disability insurance
• 401(k) retirement plan with a 4% employer match
• Annual bonus based on organizational and employee performance