$63,717
Avg. Salary
$20.83
Avg. Hourly Rate

Average additional compensation:

$0.00

Bonus

$250

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Financial Aid Director with Federal Grants skills is $20.83 per hour.

The average pay for a Financial Aid Director with Federal Grants skills is $63,717 per year.

$16.80
10%
$20.83
50%
$29.70
90%
MEDIAN $20.83
$44k
10%
$64k
50%
$88k
90%
MEDIAN $63,717
$44,200 - $87,749
$44K
$64K
$88K
MEDIAN: $63,717
10%
50%
90%

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$16.80 - $29.70
$17
$21
$30
MEDIAN: $20.83
10%
50%
90%

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$0$87K
Salary $44,200 - $87,749
Bonus $0.00 - $2,020
Profit Sharing $250
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).
)
$42,726 - $86,938
  • Country: United States
  • Currency: USD
  • Updated: 12 Jan 2019
  • Individuals Reporting: 186
Hourly Data $0$41
Hourly Rate $16.80 - $29.70
Overtime $29.05
Annual Data $0$86K
Bonus $0.00 - $2,020
Profit Sharing $250
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).
)
$42,726 - $86,938
  • Country: United States
  • Currency: USD
  • Updated: 12 Jan 2019
  • Individuals Reporting: 17

Job Description for Financial Aid Director

Financial aid directors are hired by various institutions that have financial aid departments; any operation that facilitates payment for products or services can be referred to as financial aid. These operations include offering grants, managing loans, providing payment plans, and determining eligibility for aid. The director of the financial aid department has to orchestrate all these operations by managing the existing financial aid programs and implementing new ones as needed.

Read More...
Financial Aid Director Tasks
  • Manage the operation of the financial aid office and administer programs which provide financial aid to students.
  • Prepare applications for private, local, state, and federal funding and coordinate department during audits.
  • Provide information to students on aid programs, maintain student records, evaluate aid applications, and ensure aid is correctly disbursed.
  • Propose and implement financial aid policies and procedures, and ensure compliance with state and federal regulations.
  • Hire, train, supervise, direct, and evaluate staff working in the financial aid department.

Financial Aid Director Job Listings

Pay by Experience Level for Financial Aid Director

Pay by Experience for a Financial Aid Director has a positive trend. An entry-level Financial Aid Director with less than 5 years of experience can expect to earn an average total compensation of $45,000 based on 22 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Aid Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $60,000 based on 41 salaries. An experienced Financial Aid Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $69,000 based on 40 salaries. A Financial Aid Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $71,000 based on 22 salaries.

Key Stats for Financial Aid Director

Gender

Female
76 %
Male
24 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 37 votes.
Less than 1 year
0%
1-4 years
12%
5-9 years
29%
10-19 years
34%
20 years or more
25%

Experience Affects Financial Aid Director Salaries

Late-Career
▲15%

Experienced
▲12%

National Average
$62,000

Mid-Career
▼4%

Entry-Level
▼27%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 37 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
0%
1-4 years
12%
5-9 years
29%
10-19 years
34%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 68%
vision benefits
Vision: 61%
no benefits
None: 21%