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Director of student finance aid vs assistant director of finance

The differences between directors of student finance aid and assistant directors of finance can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a director of student finance aid, becoming an assistant director of finance takes usually requires 6-8 years. Additionally, an assistant director of finance has an average salary of $71,057, which is higher than the $53,491 average annual salary of a director of student finance aid.

The top three skills for a director of student finance aid include financial aid, financial aid programs and customer service. The most important skills for an assistant director of finance are customer service, payroll, and reconciliations.

Director of student finance aid vs assistant director of finance overview

Director Of Student Finance AidAssistant Director Of Finance
Yearly salary$53,491$71,057
Hourly rate$25.72$34.16
Growth rate7%17%
Number of jobs106,83998,892
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 70%
Average age4746
Years of experience68

Director of student finance aid vs assistant director of finance salary

Directors of student finance aid and assistant directors of finance have different pay scales, as shown below.

Director Of Student Finance AidAssistant Director Of Finance
Average salary$53,491$71,057
Salary rangeBetween $34,000 And $81,000Between $46,000 And $109,000
Highest paying City-Oakland, CA
Highest paying state-New York
Best paying company-UCI Health
Best paying industry-Utilities

Differences between director of student finance aid and assistant director of finance education

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

Director Of Student Finance AidAssistant Director Of Finance
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Director of student finance aid vs assistant director of finance demographics

Here are the differences between directors of student finance aid' and assistant directors of finance' demographics:

Director Of Student Finance AidAssistant Director Of Finance
Average age4746
Gender ratioMale, 41.2% Female, 58.8%Male, 46.7% Female, 53.3%
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, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.9% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage16%11%

Differences between director of student finance aid and assistant director of finance duties and responsibilities

Director of student finance aid example responsibilities.

  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Coordinate work flow operations pertaining to admission of patients into the hospital and develop policies and procedures to improve admission process.
  • Provide guidance and influence the integration of minority students in school activities through athletic and community base programs.

Assistant director of finance example responsibilities.

  • Manage FSEOG & FWS programs in the campus.
  • Lead team of individuals responsible for completion of verification, R2T4, and student file audits.
  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Complete state and federal reporting which pertain to financial aid such as IPEDS, FISAP, and HLC reports.
  • Prepare journal entries, prepare reconciliations, produce financial productivity reports, and liaise with business managers as lead accounting point-of-contact.
    • Show more

Director of student finance aid vs assistant director of finance skills

Common director of student finance aid skills
  • Financial Aid, 19%
  • Financial Aid Programs, 8%
  • Customer Service, 7%
  • Student Accounts, 7%
  • Title IV, 6%
  • Enrollment Management, 5%
Common assistant director of finance skills
  • Customer Service, 9%
  • Payroll, 8%
  • Reconciliations, 5%
  • Financial Analysis, 5%
  • Financial Data, 4%
  • Cash Control, 4%

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Updated January 8, 2025

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