Student Accounts Coordinator Salary
The average salary for a Student Accounts Coordinator is $38,222 per year. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.
|Salary||$27,461 - $63,332|
|Total Pay (||$27,180 - $61,785|
|Hourly Rate||$12.36 - $29.09|
|Total Pay (||$27,180 - $61,785|
Job Description for Student Accounts Coordinator
Student accounts coordinators work primarily for colleges and universities to perform record-keeping duties for students' accounts, as well as generate and mail students' invoices in a timely manner. They may also create new student ledgers and post all charges based on enrollment agreements.Read More...
Student accounts coordinators must generate accounts-receivable aging reports on a regular basis to demonstrate the length of time an invoice has been outstanding, and students must be contacted for overdue payments. These coordinators should have strong verbal and written communication skills, as well as interpersonal and problem-solving skills to respond to students' inquiries via email, phone, or in-person.
Accounting skills are necessary in this position to oversee students' accounts, and knowledge of a second language such as Spanish is beneficial but not required. A high school diploma is often a minimum requirement for this position, and college education in accounting may also be required by some employers. Relevant prior experience and proficiency in Microsoft Office programs are highly beneficial, and candidates should also be willing to learn their organizations' computer systems and relevant software and/or applications. Student accounts coordinators may occasionally need to travel between campuses, as well.
Student Accounts Coordinator Tasks
- Create and process billings and invoices to students and third parties, including following up on audits.
- Accept and process student loan proceeds, reconcile balances, and make adjustments.
- Provide and audit financial information to students, third parties, departments, and leadership.
- Collect and deposit payments and funds, get endorsements, and track finances.
Pay by Experience Level for Student Accounts Coordinator
Pay by Experience for a Student Accounts Coordinator has a positive trend. An entry-level Student Accounts Coordinator with less than 5 years of experience can expect to earn an average total compensation of $36,000 based on 20 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Student Accounts Coordinator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $39,000 based on 16 salaries. An experienced Student Accounts Coordinator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $42,000 based on 17 salaries. A Student Accounts Coordinator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $43,000 based on 5 salaries.
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Key Stats for Student Accounts Coordinator
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