The jobholder performs moderately complex record keeping duties associated with the processing, reconciling, reporting, and analysis of payments made under the federal and state financial aid programs. This includes authorizing payment of direct educational expenses and excess funds payments to students from federal, state, and local monies within governmental rules and regulations; calculating and authorizing the return of Title IV and state grant funds for withdrawn students; monitoring and reporting overpayments to the Department of Education, and notifying the college finance office and students of any resulting debt.