How To Become A Finance Aid Coordinator: What It Is and Career Path

What is a finance aid coordinator and how to become one

Updated January 8, 2025

4 min read

The job of the financial aid coordinator is to provide financial aid services to students. Their job is carried out in compliance with the federal criteria, while they conduct a student needs analysis to ensure students get the financial aid they need. They also verify the student and parent application data. As a financial aid coordinator, you use the packaging process to determine the types and amounts of financial aid to be awarded. Aside from that, you monitor and review student's academic progress.

This is office work and requires the use of a computer. You must have a bachelor's degree in a relevant discipline before applying for this job. Having at least two years of experience in a related role is also very important. You must possess organization, computer, communication, analytical, and people skills. In the United States, financial aid coordinators are paid an average of $43,305.

ScoreFinance Aid CoordinatorUS Average

Salary

3.0

Avg. Salary $38,925

Avg. Salary $59,228

Stability level

8.0

Growth rate 7%

Growth rate 0.3%

Diversity

5.4

Race

American Indian and Alaska Native 0.47%

Asian 6.31%

Black or African American 9.04%

Hispanic or Latino 15.65%

Unknown 4.63%

White 63.89%

Gender

female 75.26%

male 24.74%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress level

8.0

Stress level is high

7.1 - high

Complexity level

8.7

Complexity level is advanced

7 - challenging

Work life balance

6.8

Work life balance is good

6.4 - fair

Key steps to become a finance aid coordinator

Explore finance aid coordinator education requirements

Most common finance aid coordinator degrees

Bachelor's

61.0 %

Associate

16.2 %

Master's

14.8 %

Start to develop specific finance aid coordinator skills

Skills	Percentages
Financial Aid Programs	8.81%
FAFSA	5.81%
Work-Study	5.60%
Financial Aid	5.23%
Title IV	5.09%

Complete relevant finance aid coordinator training and internships

Accountants spend an average of 1-2 years on post-employment, on-the-job training. New finance aid coordinators learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a finance aid coordinator based on U.S. Bureau of Labor Statistics data and data from real finance aid coordinator resumes.

Research finance aid coordinator duties and responsibilities

Manage patient and insurance account receivables, perform patient account reconciliations, account audits, process insurance billing/correspondence.
Administer quality financial aid consulting to parents and students to ensure accurate completion of all necessary FAFSA documents.
Review, verify, and determine eligibility for FAFSA applications, distributing financial aid and award letters as necessary.
Work with disbursements, Pell over awards, and default management.

Prepare your finance aid coordinator resume

When your background is strong enough, you can start writing your finance aid coordinator resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a finance aid coordinator resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable finance aid coordinator resume templates

Build a professional finance aid coordinator resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your finance aid coordinator resume.