Financial Aid Advisor - Remote, Fall Contract at Bloom Institute of Technology

Chicago, Illinois, United States

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Not SpecifiedCompensation

N/AExperience Level

N/AJob Type

Not SpecifiedVisa

N/AIndustries

Requirements

A minimum of 3 years of professional experience in financial aid advising
Experience with third-party servicers (Campus Ivy preferred)
Strong working knowledge of Title IV aid and compliance standards
Ability to work independently, adapt quickly, and integrate smoothly into established systems and processes
Excellent written and verbal communication skills, especially in virtual settings
Exceptional listening and problem-solving capabilities
Meticulous organizational skills and attention to detail
Strong adaptability to working independently or within a team

Responsibilities

Assisting students with the financial aid application process
Creating financial estimates based on aid availability and developing third-party student payment plans
Pursuing follow-ups to ensure students submit necessary documents on time
Delivering outstanding customer service through meetings, phone calls, and emails
Maintaining student files with precision and accuracy, and communicating effectively with third-party servicers

Skills

Bloom Institute of Technology

Online platform for tech skills education

About Bloom Institute of Technology

Bloom Institute of Technology offers online education programs designed to help students acquire the skills needed for careers in the tech industry. The programs include web development, data science, and software engineering, focusing on hands-on coding education and real-world projects. Students receive personalized feedback and support from instructors and peers, ensuring they are well-prepared for employment. A key feature of BloomTech is its Tuition Refund Guarantee, which promises a full refund of tuition and fees if graduates do not secure a job after completing their program. Additionally, students receive a 10% refund directly, reducing financial risk. This model aligns the company's success with that of its students, making it distinct from competitors. BloomTech aims to equip individuals, including career changers and recent graduates, with job-ready tech skills while fostering a supportive learning environment.

San Francisco, CaliforniaHeadquarters

2017Year Founded

$118.8MTotal Funding

SERIES_CCompany Stage

Consumer Software, EducationIndustries

201-500Employees

Risks

Legal challenges could damage BloomTech's reputation and financial standing.

Competitors addressing social issues may impact BloomTech's market share.

Recent layoffs and pay cuts indicate potential financial instability.

Differentiation

BloomTech offers a unique Tuition Refund Guarantee for jobless graduates.

The company provides hands-on coding education with real-world projects and personalized feedback.

BloomTech collaborates with employers to tailor its curriculum to industry needs.

Upsides

Increased demand for online education boosts BloomTech's enrollment opportunities.

Remote work trends make BloomTech's job-ready programs more appealing.

Partnerships with tech companies enhance BloomTech's curriculum and job placement rates.

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