Loretta W.

Director of Financial Aid/Financial Aid Technical Analyst at Brewton-Parker College
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Contact Information
us****@****om
(386) 825-5501
Location
Montgomery, Alabama, United States, US

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Experience

    • United States
    • Higher Education
    • 100 - 200 Employee
    • Director of Financial Aid/Financial Aid Technical Analyst
      • Jan 2016 - Present

      * administer all functions of financial aid, including packaging of local, state, denominational institutional, state, and federal financial aid;* function as part of the campus Financial Aid Committee;* establish and coordinate all operational processes for the Office of Financial Aid, including supervision of all departmental employees;* plan and conduct financial aid workshops for prospective and continuing students, as well as faculty and staff;* oversee process involving the Federal Work-Study Program;* engage in community outreach for prospective students* complete all institutional, denominational, state and federal reports for program participation;* continuous research to assure greatest possible support for automated processing for improved efficiency; * review, develop, and update published standards for institutional financial aid eligibility;* prepare federal and state program reviews;

    • United States
    • Higher Education
    • 700 & Above Employee
    • Assistant Director of Financial Aid
      • May 2015 - Jan 2016

      >Assist the Executive Director in performing the duties as one of the Financial Aid Counselors>Coordinate the University's Work-Study Program>Assist with supervision of the personnel in Financial Aid Services (e.g., awards, agency accounts, loans, Pell Grants, and Work-Study)> Supervise student application procedures for financial assistance programs>Assess the financial needs of students and coordinate financial aid award programs to meet established needs> Assist with staff development and/or training programs>Conduct program relation activities (e.g., outreach, counseling, graduate and professional education, counseling, and liaison work with on-and-off campus groups)

    • United States
    • Higher Education
    • 400 - 500 Employee
    • Loan Default Prevention Officer/Financial Literacy Coordinator
      • Mar 2012 - May 2015

      >Reduced Cohort Default Rate (Student Loan Default) from 20.6% to 15.7% in one year>Worked collaboratively to ensure optimal default prevention techniques are applied.>Conducted loan exit counseling with any and all students as needed.>Initiated financial aid, loan literacy and counseling workshops with students to educate them about their responsibilities as a borrower and general money management skills.>Administered follow-up and tracking activities in accordance with the default management procedures.>Maintained timely and accurate reporting of results. Conduct default prevention activities on a daily basis using various sources. Actively assist and counsel students to resolve delinquencies and prevent default via deferment or forbearance; including assisting students with relevant paperwork/forms and providing contact information for lenders and servicers.>Update and maintain appropriate records and multiple databases, including keeping current contact information for student at exit and during in-grace period.>Maintained knowledge of constantly changing regulations and procedures; advise colleagues as needed.>Served as liaison with lenders, servicers, and guarantors to identify and prevent delinquent borrowers from going into default.>Provided exceptional customer service, interpersonal, organizational and problem resolution skills.>Developed educational programs to be offered to current and prospective students that will cover financial prudence, wellness, and literacy; as well as budgeting, responsible student loan borrowing, and credit/debt management.>Researched new and valid methods and strategies to assist students with financial and academic success (through professional materials, journals, newsletters, training, etc...)>Facilitated and instructed small group workshops and classes for students on specific topics in effort to promote strategies for financial solvency.>Experience with reading and interpreting reports and data

    • United States
    • Consumer Services
    • 1 - 100 Employee
    • Purchasing Agent/Senior Buyer
      • Jul 2005 - Mar 2012

      >Responsible for all activities involved with procuring goods such as raw materials, packaging materials, equipment and supplies and managing inventory>Solicits quotes, conducts bid evaluations, evaluates costs, negotiates optimum delivery schedules and ensures the best combination of price, quantity discount, product quality and supports long term agreements for Master Orders and Blanket Orders where appropriate> Establishes positive pro-active working relationships with all vendors as well as seeking out new products, ingredients and methods that may increase value and innovativeness for the company exemplifying excellent customer service skills.> Reduces errors for scheduled delivery dates by continual communication with vendors. Reduces lead times with vendors supplying raw materials by utilizing MRP systems. Keeps updated lead times and pricing on the system.> Prepares definite purchase orders including terms and conditions and communicates effectively with suppliers regarding current prices, availability and delivery schedules and administer contracts with suppliers within budgetary limitations>Negotiates yearly rebates and purchase incentives with vendors. *First year as buyer, saved company over $105,000+ for chemicals/raw materials>Resolves problems with purchasing, delivery, delivery with defective or unacceptable goods or services, receiving and payment to the supplier, users, and others to determine source of trouble and takes corrective action> Verifies receipts to invoices and reconcile any invoice discrepancies and approves invoices for payment>Communicates with user departments such as Quality Assurance, Manufacturing, Planning, and Engineering to ensure their requirements are being met

    • United States
    • Higher Education
    • 200 - 300 Employee
    • BANNER Financial Aid Tech Support Specialist and Veterans Affairs Liaison
      • Oct 2000 - Sep 2004

      > Improved electronic transmission of data from and to GSFC & Department of Education> Served as Interim Financial Aid Director (2003-2004)> Decreased processing errors by 75%> Created and executed queries using SQL to satisfy requirements and problems>Reconciled HOPE funds from Georgia Student Finance Commission > Executed all batch processes associated with Financial Aid> Monitored the assessment of VA students and transmission of data to and from the Department of Veteran Affairs> Updated and corrected student's academic history> Implemented the Letter generation process including Financial Aid Award and Tracking Letters> Report processing, verification of student records and registration> Large volume of data entry of admissions notifications, ASSET testing results, recruitment follow-up, high school transcripts, college transcripts & graduation awards

    • China
    • Manufacturing
    • Documentation Specialist - Legal Department
      • 1997 - 2000

      Developed written processes, procedures and documentation following established formats and standards (process maps, SOPs, work instructions, etc.).•Created and followed procedures for document development, editing, review, approval and filing. Identified, documented, escalate and resolve questions and issues that arise during the review process.•Worked with owners of technical knowledge to collect and standardize relevant knowledge. Managed content, ensured quality, promoted and coordinated knowledge creation and sharing. Created, maintained and communicated documentation templates. Built, enhanced and maintained the consumer complaint/settlement and patents and trademark documentation guide. Published documentation in accordance with established guidelines. Ensured documentation is complete and approved by implementation date. •Kept current on trends and knowledge in order to oversee and maintain the selection and organization of documentation.•Ensured technical and procedural accuracy and trace-ability of all documentation.•Assisted in managing small projects.

Education

  • Savannah State University
    Master of Business Administration (M.B.A.), Business Administration and Management
    2012 - 2015
  • Southeastern Technical College
    Certificate, Human Resources Management/Personnel Administration, General
    2018 - 2018
  • Armstrong Atlantic State University
    Master's Degree, Adult and Continuing Education and Teaching
    2013 - 2014
  • Brewton-Parker College
    Bachelor’s Degree, Accounting and Business/Management
    2005 - 2007
  • Savannah Technical College
    Associate's Degree, Computer Information Systems and Accounting
    1997 - 2004
  • A.E. Beach High School
    High School, Cooperate Business Education
    1991 - 1992

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