At a Glance
- Tasks: Help students navigate funding applications and ensure their financial support is secure.
- Company: William College, a supportive environment focused on student experience.
- Benefits: Competitive salary, full-time hours, and opportunities for professional growth.
- Other info: Join a dynamic team dedicated to enhancing student success and wellbeing.
- Why this job: Make a real difference in students' lives by ensuring they have the funding they need.
- Qualifications: Bachelor’s degree and experience in finance or student support roles.
The predicted salary is between 28000 - 34000 £ per year.
The Student Finance Officer supports students to access and maintain the funding they are entitled to, from initial application through to completion of their programme. The postholder guides students through the Student Finance England application process, verifies documentation, monitors each student's funding position across their period of registration, administers College hardship provision, and works in tandem with Admissions, Registry, Accounts and the partner universities to ensure that funding, registration and fee records align. The purpose of the role is to ensure that students’ studies are not disrupted by funding problems that could have been identified and resolved earlier, and that the College remains compliant with regulatory requirements and expectations in relation to public funds.
Responsibilities:
- Support students to apply to the Student Loans Company for tuition fee and maintenance loans, including first applications and annual reapplication, ensuring students understand deadlines, and the requirements of the application process, and implications of late applications.
- Guide students through SLC evidence requirements, including identity, residency and household income documentation, and help them resolve queries and rejections.
- Advise students on the eligibility criteria applied under the Education (Student Support) Regulations 2011 (as amended) and current SLC practitioner guidance.
- Support students to notify SLC of changes of circumstance, including transfers, deferrals, repeat years, interruptions and withdrawals, and explain the funding consequences of each before decisions are made.
- Carry out information and document checks and verification in accordance with SLC and partner university requirements.
- Support registration and re-registration, ensuring each student's funding position is established, recorded and, where necessary, resolved before registration completes.
- Work with Registry and the partner universities so that registration and attendance confirmations informing SLC payment are accurate and submitted on time at each liability point.
- Contact students promptly where a confirmation, document or application is outstanding, setting out clearly what they need to do and by when.
- Monitor the funding status of students across their registration period, maintaining an accurate and current picture of applications submitted, approved, pending, rejected and reassessed.
- Track payment schedules and identify students whose funding has not been released, has been suspended, or has changed, and act quickly to resolve.
- Monitor outstanding tuition fee balances and self-funding payment arrangements, working with the partner university, and ensuring students who anticipate difficulty are supported to engage early rather than escalated to recovery.
- Identify students at risk of a funding shortfall and intervene before impacting them negatively.
- Promote College and university partner’s bursary and hardship provision to students, and support applications where applicable.
- Work with the Wellbeing Team to support Disabled Students' Allowance applications.
- Respond to finance and funding queries in person, by telephone and by email, in line with College, partner university and SLC guidance and within a timely manner.
- Maintain a programme of regular formal communication to students covering application windows and deadlines, reapplication reminders, outstanding documentation and balances.
- Liaise with the SLC on eligibility and regulatory matters.
- Work with Admissions on fee status and funding position at application and offer stage; with Registry on registration, changes of circumstance and withdrawal; and with Accounts on payments, balances and reconciliation.
- Contribute to partner university meetings, audits and reporting cycles relating to student finance.
- Provide regular and ad hoc reports to the Department Manager covering student numbers by funding status, applications submitted and approved, payments, outstanding balances, hardship awards made and support provided.
- Maintain accurate records of applications, advice given, decisions and awards, handling financial and personal data in accordance with the College's Data Protection Policy and UK GDPR.
- Escalate promptly any suspected misrepresentation or fraud in funding applications, through the appropriate line management route.
- Undertake other duties commensurate with the grade and purpose of the post, as may reasonably be requested by the line manager or Department Manager.
Education and Qualifications:
Bachelor’s degree
Student Finance Officer employer: William College
William College is an exceptional employer located in the vibrant area of Stratford, London, offering a supportive work culture that prioritises employee wellbeing and professional growth. With generous benefits such as 7.2 weeks of annual leave, access to mental health support services, and extensive career development opportunities, employees are empowered to thrive both personally and professionally. The role of Assessment Officer not only provides a chance to contribute to the academic success of students but also fosters collaboration with dedicated colleagues in a dynamic educational environment.