At a Glance
- Tasks: Lead the Student Finance team to deliver effective financial support and ensure compliance with regulations.
- Company: Join a forward-thinking college dedicated to student success and inclusivity.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic role with opportunities for growth and collaboration across departments.
- Why this job: Make a real difference in students' lives by managing vital financial resources.
- Qualifications: Experience in student finance and strong communication skills required.
The predicted salary is between 40000 - 50000 £ per year.
The Student Finance Manager is a key role within the Student Finance team, responsible for the effective administration, promotion, and delivery of student financial support. The role provides leadership and oversight of the College’s student bursary scheme and student finance provision, including Advanced Learner Loans, Advanced Learner Plans, Higher Education student finance, and the Lifelong Learning Entitlement (LLE). The post-holder will ensure that financial support is accessible, equitable, and fully compliant with funding body regulations, supporting student retention, progression, and success.
Responsibilities
- Lead and manage the team to deliver an efficient, accurate, and student-focused service.
- Oversee the administration of student finance, including bursaries, loans, grants, scholarships, fee assessments, and hardship support.
- Ensure full compliance with DfE, SLC, and other funding body regulations and requirements.
- Act as the subject matter expert on student finance policies, procedures, and regulations.
- Develop, implement, and review student finance policies, processes, and internal controls.
- Monitor student finance and bursary budgets, forecast expenditure, and produce management reports and KPIs.
- Work collaboratively with admissions, curriculum, MIS, finance, and student services teams to ensure a seamless student journey.
- Support external audits, funding audits, and student finance data returns, ensuring accuracy and timeliness.
- Promote access to financial support in line with widening participation and student success priorities.
Qualifications & Experience
- Significant experience administering student financial support within an FE, HE, or similarly regulated environment.
- Level 2 English and maths qualification.
- Degree or professional qualification in finance, business, or public administration.
- In-depth knowledge of 19+ Advanced Learner Loans, HE student finance, and current or future developments such as the Lifelong Learning Entitlement.
- Experience managing discretionary bursary or hardship funds, including assessment and budget monitoring.
- Strong understanding of student funding regulations and compliance requirements.
- Excellent customer service skills, with the ability to communicate clearly and empathetically with students from diverse backgrounds.
- Strong organisational, analytical, and problem-solving skills with high attention to detail and accuracy.
Safeguarding
In line with Keeping Children Safe in Education, all staff contribute to safeguarding. Staff undergo relevant checks and mandatory training to protect children and vulnerable adults.
Equality, Diversity and Inclusion
The College is committed to equality of opportunity and inclusion. All employees actively support the development, dissemination and implementation of this aim and related policies and programmes.
Student Finance Manager employer: Newham College of Further Education
As a Student Finance Manager at our College, you will be part of a dynamic and supportive team dedicated to enhancing student success through effective financial support. We pride ourselves on fostering a collaborative work culture that values diversity and inclusion, offering ample opportunities for professional growth and development in the education sector. Located in a vibrant community, our institution provides a fulfilling environment where your contributions directly impact students' lives and their educational journeys.
Contact Details:
Newham College of Further Education Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Student Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the education sector, especially those involved in student finance. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of student finance policies and regulations. We want you to be the go-to expert in the room, so practice explaining complex concepts in simple terms.
✨Tip Number 3
Showcase your customer service skills during interviews. Remember, this role is all about supporting students, so share examples of how you've helped others in the past. It’ll make you stand out!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Student Finance Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Student Finance Manager role. Highlight your experience with student financial support and any relevant qualifications that match the job description.
Showcase Your Skills:Don’t forget to emphasise your organisational, analytical, and problem-solving skills. We want to see how you can lead a team and ensure compliance with funding regulations, so give us examples!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon, making it easy for us to see why you’re the perfect fit for the role.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the position without any hiccups!
How to prepare for a job interview at Newham College of Further Education
✨Know Your Stuff
Make sure you brush up on the specifics of student finance policies and regulations. Familiarise yourself with Advanced Learner Loans, Higher Education finance, and the Lifelong Learning Entitlement. Being able to discuss these topics confidently will show that you're the subject matter expert they need.
✨Show Your Leadership Skills
Since this role involves leading a team, be prepared to share examples of your leadership experience. Think about times when you've successfully managed a project or guided a team through challenges. Highlight your ability to foster a student-focused service while ensuring compliance with regulations.
✨Demonstrate Your Customer Service Skills
This role requires excellent customer service skills, so be ready to discuss how you've effectively communicated with students from diverse backgrounds. Share specific instances where you've resolved issues or provided support, showcasing your empathy and understanding.
✨Prepare for Compliance Questions
Expect questions around compliance with funding body regulations. Brush up on your knowledge of DfE and SLC requirements, and be ready to discuss how you've ensured compliance in previous roles. This will demonstrate your attention to detail and commitment to maintaining standards.
