Velma Walters
Financial Aid Administrator at Stone Academy- Claim this Profile
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Bio
Dan Dreves
It is with great pleasure that I recommend Velma Walters. Velma demonstrates true professionalism. She has served as a resource in the New England Region to college and university colleagues, providing them with technical support, policy guidance, and outstanding service. Velma is highly talented. She sets the bar high with her energy, professionalism, and attention to detail. As her direct supervisor, Velma Walters was a pleasure to have on my team!
Dan Dreves
It is with great pleasure that I recommend Velma Walters. Velma demonstrates true professionalism. She has served as a resource in the New England Region to college and university colleagues, providing them with technical support, policy guidance, and outstanding service. Velma is highly talented. She sets the bar high with her energy, professionalism, and attention to detail. As her direct supervisor, Velma Walters was a pleasure to have on my team!
Dan Dreves
It is with great pleasure that I recommend Velma Walters. Velma demonstrates true professionalism. She has served as a resource in the New England Region to college and university colleagues, providing them with technical support, policy guidance, and outstanding service. Velma is highly talented. She sets the bar high with her energy, professionalism, and attention to detail. As her direct supervisor, Velma Walters was a pleasure to have on my team!
Dan Dreves
It is with great pleasure that I recommend Velma Walters. Velma demonstrates true professionalism. She has served as a resource in the New England Region to college and university colleagues, providing them with technical support, policy guidance, and outstanding service. Velma is highly talented. She sets the bar high with her energy, professionalism, and attention to detail. As her direct supervisor, Velma Walters was a pleasure to have on my team!
Experience
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CLOSED
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United States
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Higher Education
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1 - 100 Employee
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Financial Aid Administrator
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2016 - Present
-Identified record discrepancies between Central Processing System (CPS), Common Origination and Disbursements (COD) and Electronic Data Express (EDE) systems- Ran daily reports to identify rejected and batched records in FAM system- Monitored compliance by performing routine audits of student financial aid files across campus locations; ensured that conflicting information and c-codes were resolved; developed correction action plan when areas of non-compliance are identified- Complied and disseminated reports to branch campuses when received by CPS- Set-up all necessary coding within the EDExpress system for yearly roll-overs- Ensured records are imported and exported through EDExpress- Completed and/or collaborated in the completion of financial aid surveys, forms, reports, but not limited to the annual FISAP, IPEDS, PPA updates and recertifications- Created financial aid documents necessary for student completion- Created disbursement charts for Title IV disbursements; maintained security access to EDE, NSLDS, COD and other systems Show less
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Financial Aid Manager
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2010 - 2016
- Ensured staff maintained a current understanding of compliance matters and professional standards and remained current on industry trends- Developed and implemented corrective action plans based on quality assurance reviews an internal/external audits- Created, implemented, and monitored financial aid policies and procedures that ensured institutional compliance with federal regulation, state statutes and institutional policies- Conducted routine process analysis, implemented improvements that sought to leverage the use of new technology that streamlined and enhanced departmental efficiency and services- Ensured the highest level of staff effectiveness and customer service by hiring and retaining outstanding talent- Initiated appropriate training for topics such as verification, c-code resolution, FAFSA completion and financial aid packaging- Set-up the financial aid management system, conducted routine system maintenance, and wrote queries to extract data for reporting and reconciliation purposes- Monitored the timely approval of financial aid to ensure adequate cash flow- Represent the institution to internal and external audiences Show less
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Higher Education Assistance Group, INC
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United States
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Higher Education
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1 - 100 Employee
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Financial Aid Consultant
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2009 - 2010
- Worked with clients to provide a variety of services in the financial aid domain not limited to: direct loan processing, file review, policy and procedure development and review, and debt management counseling - Consulted with students and their families on all aspects of financial aid which included: application procedure, financial aid eligibility, cost of attendance, assist with forms completion and entrance loan counseling - Proposed recommendations to assist clients in improving efficiency of the financial aid process Show less
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EDFUND
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Financial Services
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1 - 100 Employee
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Client Relations Manager
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2007 - 2010
- Actively worked to cultivate strategic partnerships with lenders to increased sales volume, within assigned territory; met and exceeded annual sales targets - Maintained and developed a cooperative working relationships with clients and lenders - Developed, designed, and delivered marketing campaigns aimed at reaching sales goals - Represented company to both internal and external audiences to build brand awareness and perform account management - Marketed: technical support, product training, default prevention products and services, financial literacy tools and award winning publications; aimed at acquiring new clients - Conducted market analysis; presented financial literacy presentations to large and small audiences on budgeting, credit, savings and loan counseling - Replied to RFI and collaborated on RFP responses Show less
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Charter Oak State College
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United States
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Higher Education
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1 - 100 Employee
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Director of Financial Aid
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1999 - 2007
- Served as a regional trainer for the Eastern Association of Student Financial Aid Administrators (EASFAA)/ and the National Association of Financial Aid Administrators (NASFAA) training series on Administrative Capability: Campus-Wide Compliance - Established Charter Oak’s first Title IV program, which resulted in the college’s ability to offer federal financial aid funding to thousands of online students; supervised staff and provided staff training - Developed policies, including, but not limited to Satisfactory Academic Progress (SAP), Return of Title IV Fund, Leave of Absence, Family Educational Rights Privacy Act (FERPA), Drug and Alcohol, and procedures consistent with federal and state regulations and institutional policy; guided students through financial aid process; established packaging philosophy aligned with College's mission, and awarded funding according to eligibility criteria - Coordinated the upgrades and yearly rollovers of financial aid management system (FAM); wrote queries to extract data from institutional (FAM) system for survey and report completion; headed the migration to a new FAM system - Worked with the Office of Admissions to strategically use institutional aid to assists in recruitment and retention efforts - Completed and/or collaborated in the completion of financial aid surveys, forms and reports, including, but not limited to the annual FISAP, IPEDS, updates and recertification of the Program Participation Agreement - Reviewed Form DD-214’s for appropriate discharge status and certified eligible veterans for education benefits Show less
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Connecticut Distance Learning Consortium
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New Britain, CT
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Director of Financial Aid
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1999 - 2000
- Provided management and oversight in the development of the financial aid clearing center database (FACC) to track distance learning students; planned training sessions on the FACC database for member institution - Collaborated with aid administrator, registrars, and institutional research staff for the 24 member institutions to determine system features and functionality - Organized participant meetings to promote collaboration and cooperation between stakeholders to improve institutional responsiveness - Aggregated data and provided reports on data findings to the U.S. Department of Education -Served as the Connecticut liaison to the U.S. Department of Education Distance Education Program for the State of Connecticut Consortium members Show less
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Education
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American International College
Master of Public Administration (M.P.A.) -
Central Connecticut State University
Bachelor of Arts