ASSISTANT DIRECTOR, STUDENT LOAN PROGRAM
Assistant Director, Student Loan Program is an unclassified role, so it is appointed at the discretion of the hiring authority and does not carry the usual exam-and-tenure track.
The minimum is a bachelor's degree and 4 years of relevant experience. Its salary schedule (frozen at an older rate) lists $60,254 to $84,366, though managerial and exempt titles like this are usually paid individually rather than on the step schedule.
How to apply
This title is not filled by examination — agencies appoint directly.
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See where to apply for this title →Who employs this title
Assistant Director, Student Loan Program is used at one independent authority, Higher Education Student Assistance Authority.
Independent authorities
| Employer | Employees |
|---|---|
| Higher Education Student Assistance Authority | 8 |
State payroll and independent authority payroll are separate systems and are never merged. See data sources.
Official job specification
The text below is the official specification published by the New Jersey Civil Service Commission. The plain-language summary and analysis above are derived from it by NJ Civil Service Navigator. Source: the official specification page at NJ CSC.
Definition
Under the direct supervision of the Director, Student Loan Program, Department of Higher Education, is responsible for the overall administration and supervision of the program; does related work as required.
Examples of work
- Investigates alleged illegal practices of lenders, schools or individuals and works with appropriate State and federal agencies to resolve problems which require legal action.
- During the absence of the Director, has complete responsibility for maintaining the operation of the Student Loan Program.
- Supervises the work operations and/or functional programs and has responsibility for effectively recommending the hiring, firing, promoting, demoting and/or disciplining of employees.
- Recruits new lenders to participate in the program through letters, telephone contacts and personal visitations.
- Visits participating lenders to help solve problems or suggests alternatives to improve procedures.
- Advises lenders and gives guidance regarding record-keeping with special attention to interest billing (method of computation), forms to be used, periods, conversion procedures, etc.
- Speaks at PTA, civic groups and college nights during evening hours concerning the Student Loan Program.
- Schedules and visits high school guidance teachers meetings, groups of high school students or parents interested in knowing about program particulars.
- As necessary, attends conferences, meetings and seminars dealing with the Student Loan Program on a local, state or national level.
- Prepares and conducts workshop meetings throughout the state for the benefit of all lenders (banks, savings and loan associations and credit unions).
- Participates in meetings of college financial aid officers.
- Resolves problems to students encountering difficulties procuring a loan, misunderstanding of the program, interpretation of policy and interpretation of laws - both State and federal.
- Develops and prepares statistical reports as needed.
- Supervises the maintenance of accurate listings of eligible educational institutions.
- Inquires of U.S. Office of Education as to current status of schools regarding eligibility, suspension or termination.
- Provides input for annual budget for the Student Loan Office, and coordinates the preparation of workload data sheets to support budget.
- Supervises to collection of data and information to provide basis for program change and/or development of new programs.
- Implements changes in Authority and federal policy and initiates necessary changes to program procedures.
- Develops changes to forms, applications, brochures, etc, as needed and supervises ordering and maintenance of needed supplies.
- Supervises purchase of equipment or furniture as the need arises.
- Plans promotional or publicity programs with lenders and educational institutions.
- Directs the preparation and design of manuals, brochures, applications, etc.
Education
Graduation from an accredited college with a Bachelor's degree in accounting, business administration, finance, economics, public administration or a related field.
Experience
Four (4) years of professional experience approving loans, developing budgets, accounting, financial planning, or student financial aid counseling in a public or private agency or financial or educational institution, one ear of which shall have been in an administrative or management capacity.
License
Appointee will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility is necessary to perform the essential duties of the position.
Knowledge, skills and abilities
- Wide knowledge of banking practices, interest computation, amortization schedules and financial regulatory bodies.
- Wide knowledge of default and collection procedures.
- Considerable knowledge of lending trends; present monetary market conditions and financial terms.
- Considerable knowledge of requirements of regulatory bodies that affect the consumer through such legislation as - Truth-In-Lending,' Privacy Act, Consumer Protection Act, etc.
- Ability to comprehend and interpret federal and State legislation and regulations pertaining to student financial aid.
- Ability to promote active participations in the program to the financial and educational communities through oral and written communication.
- Ability to supervise and train subordinates.
- Ability to organize, distribute general office workload and manage overall operation of the program.
- Ability to read, write, speak, understand, or communicate in English sufficiently to perform the duties of this position. American Sign Language or braille may also be considered as acceptable forms of communication.
- Persons with mental or physical disabilities are eligible as long as they can perform the essential functions of the job after reasonable accommodation is made to their known limitations. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible.