Financial Aid Officer Salary

Financial Aid Officers in the United States can expect only a modest salary, with average pay of just $38K annually. The pay spectrum stretches from $27K to $49K per year. Career length is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to a strong majority, and a fair number earn dental coverage. Men are in the minority of survey respondents, with female Financial Aid Officers making up 75 percent. The majority of Financial Aid Officers claim high levels of job satisfaction.

$28,307 - $50,488
(Median)
$28K
$38K
$50K
MEDIAN: $38,125
10%
50%
90%

Add this chart to your site: 640px    300px

$12.41 - $19.21
(Median)
$12
$16
$19
MEDIAN: $16.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17K$34K$51K
Salary
$28,307 - $50,488  
   
Bonus
$0.00 - $970  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,190 - $48,959  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 206
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$12.41 - $19.21  
   
Overtime
$19.16 - $32.48  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $970  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,190 - $48,959  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 117
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Financial Aid Officer

A financial aid officer's main responsibility is to make sure that students have the financial resources that they need to attend their institution (typically a college or university). They keep track of all financial aid packages offered by their institution and explain them to students, as well as help determine if students are qualified for those packages. Additionally, financial aid officers are responsible for supporting other departments as needed, such as by assisting with state and federal reporting, presentations, and any other duties as assigned.

Read More...

Financial Aid Officer Tasks

  • Verify and certify loan applications, then follow through to collections, including all documentation.
  • Assist students and parents with paperwork, eligibility questions, and handling awards.
  • Create, negotiate, and communicate financial aid plans for students that fit with existing resources and policies.
  • Oversee specific programs like the federal work-study program, exchange/visiting students, Title IV, etc.

Financial Aid Officer Job Listings

Search for more jobs:


Survey results show that Financial Aid Officers typically report just a few professional skills. Federal Grants and Customer Service are considered valuable skills and can increase employee pay. Competency in Customer Service frequently indicates knowledge of Federal Grants.

Financial Aid Officer Reviews

What is it like working as a Financial Aid Officer?

Financial Aid Officer in Richardson:
"Student Dreams."
Pros: Helping students decide on a major that is in conjunction with their dreams and desired goal.
Cons: I will begin March 31st.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Financial Aid Officer Salaries

Experienced
up arrow 13%

Mid-Career
up arrow 6%

National Average
$36,000

Entry-Level
up arrow 2%

Skills That Affect Financial Aid Officer Salaries

Federal Grants
0%

National Average
$36,000

Customer Service
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
4%
1-4 years
62%
5-9 years
22%
10-19 years
10%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 73%
vision benefits Vision: 58% employee benefits None: 18%
ADVERTISEMENT