Co-chair vs finance aid director

The differences between co-chairs 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 a co-chair and a finance aid director. Additionally, a co-chair has an average salary of $89,374, which is higher than the $58,644 average annual salary of a finance aid director.

The top three skills for a co-chair include community outreach, alumni and plan events. The most important skills for a finance aid director are financial aid programs, title iv, and state regulations.

Co-chair vs finance aid director overview

	Co-Chair	Finance Aid Director
Yearly salary	$89,374	$58,644
Hourly rate	$42.97	$28.19
Growth rate	7%	7%
Number of jobs	2,878	98,523
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 63%
Average age	47	47
Years of experience	6	6

What does a co-chair do?

A co-chair is responsible for supporting the duties and responsibilities under the supervision of a chair. Co-chairs help with the implementation of effective plans and programs that would benefit the organization. They handle fundraising events, marketing campaigns for promotional programs, audit reports, and evaluating the committee's suggestions and recommendations for its success. A co-chair must have excellent communication and leadership skills and critical-thinking on developing strategies to supervise meetings and events alongside the chair.

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.

Co-chair vs finance aid director salary

Co-chairs and finance aid directors have different pay scales, as shown below.

	Co-Chair	Finance Aid Director
Average salary	$89,374	$58,644
Salary range	Between $22,000 And $349,000	Between $37,000 And $92,000
Highest paying City	-	Washington, DC
Highest paying state	-	New Jersey
Best paying company	-	Commonwealth
Best paying industry	-	Education

Differences between co-chair and finance aid director education

There are a few differences between a co-chair and a finance aid director in terms of educational background:

	Co-Chair	Finance Aid Director
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 63%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Co-chair vs finance aid director demographics

Here are the differences between co-chairs' and finance aid directors' demographics:

	Co-Chair	Finance Aid Director
Average age	47	47
Gender ratio	Male, 34.2% Female, 65.8%	Male, 30.9% Female, 69.1%
Race ratio	Black or African American, 10.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 4.4% White, 66.0% 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 Percentage	16%	16%

Differences between co-chair and finance aid director duties and responsibilities

Co-chair example responsibilities.

Develop leadership skills and communication skills to manage coordinates and officers, ensure everyone are motivated and organize.
Recruit potential new members to the fraternity including organizing events, liaising with Greek system leadership and educating new members
Plan agenda and co-le monthly PTA meetings.
Serve on state finance and compliance oversight committee.
Serve as co-creator of high school scholarship in memory of close friend.
Promote sorority events and open houses through mediums such as Facebook and banners.

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.

Co-chair vs finance aid director skills

Common co-chair skills

Community Outreach, 16%
Alumni, 11%
Plan Events, 7%
Facebook, 6%
Professional Development, 6%
Student Organizations, 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%

Co-Chair vs. similar jobs

Co-Chair related careers

Co-Chair related jobs

What similar roles do

Zippia Careers
Executive Management Industry
Co-Chair
Co-Chair vs Finance Aid Director

Updated January 8, 2025

Browse executive management jobs