Home > Term: financial-aid counselor
financial-aid counselor
A professional who interviews students applying for financial aid, such as loans, grants-in-aid, or scholarships, to determine eligibility for assistance in college or university. Responsibilities include:
- Confers with individuals and groups to disseminate information and answer questions relating to financial assistance available to students enrolled in college or university.
- Interviews students to obtain information needed to determine eligibility for aid.
- Compares data on students' applications, such as proposed budget, family income, or transcript of grades, with eligibility requirements of assistance program.
- Determines amount of aid, considering such factors as funds available, extent of demand, and needs of students.
- Authorizes release of funds to students and prepares required records and reports.
- May assist in selection of candidates for financial awards or aid granted by specific department.
- May specialize in specific aid program and be designated Loan Counselor; Scholarship Counselor.
- Sõnaliik: noun
- Valdkond/domeen: Professional careers
- Category: Occupational titles
- Company: U.S. DOL
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Looja
- Jason F
- 100% positive feedback
(United States of America)