Post job

Academic director vs finance aid director

The differences between academic directors and finance aid directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an academic director and a finance aid director. Additionally, an academic director has an average salary of $122,669, which is higher than the $58,644 average annual salary of a finance aid director.

The top three skills for an academic director include professional development, curriculum development and student performance. The most important skills for a finance aid director are financial aid programs, title iv, and state regulations.

Academic director vs finance aid director overview

Academic DirectorFinance Aid Director
Yearly salary$122,669$58,644
Hourly rate$58.98$28.19
Growth rate7%7%
Number of jobs12,42098,523
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 63%
Average age4747
Years of experience66

What does an academic director do?

The academic director is the person that leads the school or university in an active stance in education. The vitality of the level of education rests on the shoulders of the director. The academic director is also responsible for hiring faculty staff, working with teachers and professors to create and develop the school curriculum, work with the school administrator regarding student affairs and help in the administrative duties in line with the educational institution. Also included in the academic director's task is assessing incoming students, processing grades, and attending to students' needs and welfare.

What does a finance aid director do?

A finance aid director oversees finance aid officers that deal with student loans, fees, scholarship grants, insurance, and other loans. They organize cash flow for all funds available. They analyze applications, grant scholarships and loans to students, and provide information on benefits and restrictions included with financial aid. They also help students resolve loan defaults or underpayments. They must have good communication skills to facilitate talks between students and universities.

Academic director vs finance aid director salary

Academic directors and finance aid directors have different pay scales, as shown below.

Academic DirectorFinance Aid Director
Average salary$122,669$58,644
Salary rangeBetween $78,000 And $191,000Between $37,000 And $92,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateOregonNew Jersey
Best paying companyEmory HealthcareCommonwealth
Best paying industryTransportationEducation

Differences between academic director and finance aid director education

There are a few differences between an academic director and a finance aid director in terms of educational background:

Academic DirectorFinance Aid Director
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Academic director vs finance aid director demographics

Here are the differences between academic directors' and finance aid directors' demographics:

Academic DirectorFinance Aid Director
Average age4747
Gender ratioMale, 47.9% Female, 52.1%Male, 30.9% Female, 69.1%
Race ratioBlack or African American, 10.5% Unknown, 4.0% Hispanic or Latino, 14.0% Asian, 4.3% White, 66.4% American Indian and Alaska Native, 0.7%Black or African American, 11.4% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 4.4% White, 65.2% American Indian and Alaska Native, 0.7%
LGBT Percentage16%16%

Differences between academic director and finance aid director duties and responsibilities

Academic director example responsibilities.

  • Manage and track individual sorority members monthly study hour requirements.
  • Devise process improvements that lead increased operational efficiency and persistence.
  • Lead project management team in development/execution of conferences and enduring CME -accredite programs.
  • Help in various fund raising activities for PTA
  • Develop and teach public lands policy seminar.
  • Provide advocacy services in attendance at local IEP meetings.
  • Show more

Finance aid director example responsibilities.

  • Manage cash flow for all funds including, FFEL, PELL, FSEOG, alternative loans, and cash.
  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Review and determine outcome of all financial aid appeals.
  • Assist students, parents, and staff with navigating the financial aid process, by providing guidance with the FAFSA.
  • Resolve student appeals and special circumstance requests.
  • Maintain Pell grant accounts from application processing to monthly reconciliation.
  • Show more

Academic director vs finance aid director skills

Common academic director skills
  • Professional Development, 13%
  • Curriculum Development, 9%
  • Student Performance, 7%
  • Academic Programs, 7%
  • Staff Development, 6%
  • Academic Support, 5%
Common finance aid director skills
  • Financial Aid Programs, 9%
  • Title IV, 8%
  • State Regulations, 5%
  • Enrollment Management, 5%
  • Student Loans, 4%
  • Federal Regulations, 4%

Browse executive management jobs