Bank Street College of Education Logo

Bank Street College of Education

Director of Financial Aid

Posted 14 Days Ago
Be an Early Applicant
Hybrid
New York, NY, USA
130K-140K Annually
Expert/Leader
Hybrid
New York, NY, USA
130K-140K Annually
Expert/Leader
Leads all graduate-school financial aid programs, services, scholarship administration, federal loan processing, student counseling, compliance, audits, reporting, and disbursements. Supervises a two-person team, supports recruitment and retention, advises faculty and enrollment leaders, oversees financial aid communications, and collaborates across academic, business, development, and student-success functions to improve service, data integrity, and regulatory compliance.
The summary above was generated by AI

Director of Financial Aid, The Graduate School of Education

Bank Street College Graduate School of Education seeks an experienced professional to join our team.
For over 100 years, Bank Street has helped shape progressive education with a learner-centered,
developmentally grounded approach rooted in inquiry, reflection, social justice, and collaboration. Our
work has influenced national policy, pioneered innovative practices, and prepared generations of
educators to lead with equity, creativity, and compassion. We seek talented professionals who embrace
our mission in support of the students, faculty, and overall community we serve.

Summary
The Director of Financial Aid provides leadership and oversight of all financial aid programs and services
of the Graduate School of Education to ensure the highest quality of service, efficiency in processing aid,
and compliance with all federal, state, local, and college laws, regulations, and policies. Reporting to the
Associate Dean for Enrollment and Student Success, the Director supervises a full-time staff of two.

Key Responsibilities
Enrollment & Student Service
 Assist in the recruitment of new students in the context of providing high quality information to
prospective students through excellent communications, asynchronous and synchronous
events.
 Ensure the highest quality of service to students in providing timely and accurate information,
counseling, financial literacy, application review, award management and disbursement.
 Oversee all aspects of the Federal loan programs including conducting entrance and exit
counseling, managing disbursements, compliance and reporting.
 Responsible for the scholarship rubric for the College, including collaboration with the Associate
Dean on the review and update of the rubric as enrollment strategies evolve.
 Administer all scholarships including endowed and restricted accounts, working with the
College’s Development and External Relations and Business Offices.
Oversight of Financial Aid Programs and Compliance
 Work with faculty to assess the impact of programmatic changes on financial aid and offer
advise around supporting students.
 Support the College through audits, compliance reviews and any other one-time inquiries.
around the Financial Aid process and its role in the student experience at Bank Street College of
Education.
 Monitor student questions, identify solutions for common inquiries and work with the head of
enrollment and student services and other stakeholders, where necessary, in implementing
solutions for continuous improvement.
 Work as part of the Enrollment Management and Student Success team to support recruitment,
retention, and overall student success through collaboration with colleagues across the EMSS
unit and the Graduate School.

Supervision and Mission Support
 Supervise the financial aid team to develop their skills in, and knowledge of, financial aid to
ensure timely, accurate, and caring support to students and faculty.

● Serve on the Enrollment Management and Student Success (EMSS) leadership team, supporting
institutional decision-making, identifying issues before they escalate, collaborating with the
entire EMSS team toward the goal of serving students to promote success at Bank Street.
● In collaboration with the graduate school communications team, oversee all communication and
resources with students and faculty regarding Financial Aid Office business.
● Serve on Graduate School committees, as assigned, and attend Deans and other leadership
meetings as appropriate.

Desired Experience, Attributes and Style
● 10+ years of progressively more responsible experience in student financial aid and enrollment
management in higher education. Working in a setting that serves graduate students is a plus.
● Successful track record of leading and supervising staff to implement innovative solutions and
achieve the highest standards of service, and financial aid compliance.
● Master’s degree required.
● Demonstrated experience in leading a team in best practices of financial aid management,
implementation of innovative solutions and achievement of the highest standards of service and
data integrity.
● Strong leadership, analytic, management and people skills. Excellent track record working
collaboratively with faculty, administration and students.
● Excellent written and verbal communication skills.
● Understanding of teacher/leader preparation programs is desirable.
● Experience with Powerfaids student financial aid information system is a plus.

Compensation and Benefits
Bank Street College of Education will offer a highly attractive annual salary and benefit
package to the hired candidate.

Proposed Salary $130,000 - $140,000

Similar Jobs

Yesterday
In-Office
62K-65K Annually
Senior level
62K-65K Annually
Senior level
Artificial Intelligence • Information Technology • Robotics • Design
Leads financial aid operations, compliance, policy development, staff supervision, and administration of Direct Loan programs. Reviews eligibility, awards, disbursements, reports, reconciliations, and discrepancies; coordinates with federal agencies, university departments, and software vendors. Develops procedures, tests system changes, trains staff, maintains data integrity, conducts audits, and advises students and families on loan requirements and documentation.
Top Skills: Common Origination And Disbursement (Cod)ProsamRit Financial Aid Systems
15 Days Ago
In-Office
62K-62K Annually
Entry level
62K-62K Annually
Entry level
Other
Administers federal, state, and institutional financial aid programs; evaluates student eligibility and awards aid; ensures regulatory and institutional compliance; resolves discrepancies; maintains accurate records; counsels students and families on financial aid and financing options; and collaborates with Admissions, Bursar, Registrar, and other campus offices to support effective financial aid operations.
Top Skills: Ellucian ColleagueFinancial Aid Administration Software
28 Days Ago
In-Office
85K-95K Annually
Senior level
85K-95K Annually
Senior level
Edtech • Professional Services
The Director of Financial Aid manages and develops financial aid programs, ensuring compliance and maximizing enrollment and retention through strategic budgeting and administration.
Top Skills: ColleagueEllucian Platforms

What you need to know about the NYC Tech Scene

As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.

Key Facts About NYC Tech

  • Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
  • Key Industries: Artificial intelligence, Fintech
  • Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
  • Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account