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Remote Financial Aid Jobs in Elgin, IL (NOW HIRING)

ShipBob, Inc.

Senior Financial Analyst

Chicago, IL · Remote

$88K - $109K/yr

Remote in these states: AL, AZ, CA, CO, FL, GA, KS, KY, IA, ID, IL, IN, LA, MA, ME, MI, MN, MO, NC ... also aid in other strategic projects & ad-hoc work as necessary. This role reports to the FP&A ...

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Drive Point Exchange

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Financial Specialist

Chicago, IL · Remote

$80K - $250K/yr

This role is best for experienced phone closers with automotive, warranty, F&I, insurance, finance, or high-ticket sales experience. This is a commission-based sales position with strong earning ...

New

Drive Point Exchange

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Financial Specialist

Chicago, IL · Remote

$80K - $250K/yr

This role is best for experienced phone closers with automotive, warranty, F&I, insurance, finance, or high-ticket sales experience. This is a commission-based sales position with strong earning ...

New

Drive Point Exchange

Be Seen First

Financial Specialist

Chicago, IL · Remote

$80K - $250K/yr

This role is best for experienced phone closers with automotive, warranty, F&I, insurance, finance, or high-ticket sales experience. This is a commission-based sales position with strong earning ...

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All JobsFinancial Aid JobsRemote Financial Aid JobsRemote Financial Aid Jobs in Elgin, IL

Remote Financial Aid information

See Elgin, IL salary details

$17.8K

$59.6K

$129K

How much do remote financial aid jobs pay per year?

As of Aug 10, 2026, the average yearly pay for remote financial aid in Elgin, IL is $59,570.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,000.00 and $64,300.00 per year, depending on experience, location, and employer.

What are remote jobs in financial aid?

Remote financial aid jobs involve working with students who are applying for financial aid for college or other educational institutions. Common job titles include financial aid counselors, officers, or advisors. Your duties may involve determining the eligibility of each student for grants, scholarships, student loans, or work-study programs. As a counselor or advisor, your responsibilities are to advise students on the phone or over the internet on the steps that they can take to obtain monetary assistance, taking into account their career plans and academic performance.

What is the difference between Remote Financial Aid vs Remote Financial Aid Coordinator?

AspectRemote Financial AidRemote Financial Aid Coordinator
CredentialsHigh school diploma or equivalent; some roles may require financial aid certificationsHigh school diploma; often requires financial aid certifications or related experience
Work EnvironmentRemote, often in educational institutions or financial servicesRemote, typically within educational institutions or colleges
Employer & Industry UsageUsed by colleges, universities, and financial aid organizations

Remote Financial Aid generally refers to roles involved in processing and managing financial aid applications remotely, while Remote Financial Aid Coordinator often involves overseeing the entire financial aid process, coordinating with students and staff. Both roles require similar credentials and are used in educational settings, but the coordinator position usually entails additional responsibilities in administration and communication.

What is a remote financial aid specialist?

A Remote Financial Aid specialist is a professional who assists students and their families with navigating the financial aid process for educational institutions, but does so virtually rather than in person. Their responsibilities include helping applicants complete forms like the FAFSA, explaining different types of financial aid, and answering questions about grants, loans, and scholarships. By working remotely, they provide guidance and support via phone, email, or video conferencing, making it more convenient for clients to access assistance from anywhere.

What are the key skills and qualifications needed to thrive as a remote financial aid advisor, and why are they important?

To thrive as a Remote Financial Aid Advisor, you need expertise in financial aid regulations, application processes, and a background in higher education or student services, often supported by a relevant degree. Familiarity with student information systems (SIS), federal and state financial aid portals, and tools like Banner or FAFSA processing software is crucial. Strong communication, attention to detail, and problem-solving skills help you guide students remotely and ensure regulatory compliance. These skills and qualities are vital for accurately assisting students, maintaining data integrity, and supporting institutional goals in a virtual environment.

What are some common challenges faced by remote financial aid advisors, and how can they be overcome?

Remote financial aid advisors often face challenges such as maintaining clear communication with students, staying updated on evolving regulations, and managing confidential documents securely online. Overcoming these challenges involves utilizing secure digital platforms for document sharing, scheduling regular video or phone meetings to foster strong student relationships, and participating in ongoing training to stay current with policy changes. Effective time management and collaboration with colleagues through virtual team meetings also help ensure consistent support and workflow.
More about Remote Financial Aid jobs
What are popular job titles related to Remote Financial Aid jobs in Elgin, IL? For Remote Financial Aid jobs in Elgin, IL, the most frequently searched job titles are:
What job categories do people searching Remote Financial Aid jobs in Elgin, IL look for? The top searched job categories for Remote Financial Aid jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Remote Financial Aid jobs? Cities near Elgin, IL with the most Remote Financial Aid job openings:
Remote Financial Aid jobs near you
Infographic showing various Remote Financial Aid job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 1% Temporary, and 2% Contract. Highlights an 89% Physical, 2% Hybrid, and 9% Remote job distribution, with an average salary of $59,570 per year, or $28.6 per hour.

Financial Aid Business Analyst

Stellar IT Solutions LLC

Chicago, IL • Remote

Contractor

Re-posted 27 days ago

Job description

Job Title: Financial Aid Business Analyst
Job Location: 100% Remote
Interview: 1 Step video
Job Duration: C2H
Job Description:
We are looking for a skilled and proactive Financial Aid Business Analyst to join our team. The ideal candidate will bring substantial experience in Financial Aid processes and system administration, particularly with platforms such as Banner Financial Aid, ProSAM, or PowerFAIDS. This role requires a strong foundation in system administration and the ability to review and write SQL scripts.

Key Responsibilities:

  • Act as the Subject Matter Expert (SME) for Financial Aid processes.
  • Handle production support tickets and maintain comprehensive knowledge base documentation.
  • Collaborate with programmer analysts to translate business/functional requirements into technical specifications.
  • Troubleshoot student and staff issues by analyzing code and understanding the workflows of financial aid systems.

Must-Have Qualifications:

  • Significant experience working with Student Financial Aid platforms.
  • Strong background as a Business Analyst (BA).
  • General knowledge of SQL databases.
  • Ability to work independently, take initiative, and communicate effectively with both students and colleagues.

Preferred Qualifications:

  • Experience with Banner, ProSAM, and/or PowerFAIDS.
  • Program or project management experience.