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Finance aid coordinator vs coordinator

The differences between finance aid coordinators and coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a finance aid coordinator, becoming a coordinator takes usually requires 6-12 months. Additionally, a coordinator has an average salary of $41,599, which is higher than the $38,925 average annual salary of a finance aid coordinator.

The top three skills for a finance aid coordinator include financial aid programs, FAFSA and work-study. The most important skills for a coordinator are customer service, patients, and excellent organizational.

Finance aid coordinator vs coordinator overview

Finance Aid CoordinatorCoordinator
Yearly salary$38,925$41,599
Hourly rate$18.71$20.00
Growth rate7%12%
Number of jobs98,992151,508
Job satisfaction-5
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 57%
Average age4543
Years of experience212

What does a finance aid coordinator do?

Students are granted educational aid with the help of a finance aid coordinator. A finance aid coordinator's responsibilities include assisting students in filling application forms, following up missing documents, delivering documents, and maintaining data security. They update students on their application's status, coordinate with students, and provide financial advice.

What does a coordinator do?

Coordinators are responsible for liaising between the department they are assigned to and any other external party. They oversee projects or agreements. They are in charge of following through negotiations between the two parties regarding work. They see through the conduct of such contracts by ensuring that all terms are amenable to both parties. They maintain records and other necessary data and paperwork. They also ensure that office policy and guidelines are being followed. Coordinators also ensure that all projects are completed efficiently and effectively.

Finance aid coordinator vs coordinator salary

Finance aid coordinators and coordinators have different pay scales, as shown below.

Finance Aid CoordinatorCoordinator
Average salary$38,925$41,599
Salary rangeBetween $30,000 And $49,000Between $27,000 And $61,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkAlaska
Best paying companyCurry CollegeMeta
Best paying industryEducationTechnology

Differences between finance aid coordinator and coordinator education

There are a few differences between a finance aid coordinator and a coordinator in terms of educational background:

Finance Aid CoordinatorCoordinator
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Southern California

Finance aid coordinator vs coordinator demographics

Here are the differences between finance aid coordinators' and coordinators' demographics:

Finance Aid CoordinatorCoordinator
Average age4543
Gender ratioMale, 24.7% Female, 75.3%Male, 36.3% Female, 63.7%
Race ratioBlack or African American, 9.0% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.3% White, 63.9% American Indian and Alaska Native, 0.5%Black or African American, 11.5% Unknown, 5.2% Hispanic or Latino, 20.9% Asian, 6.4% White, 53.9% American Indian and Alaska Native, 2.1%
LGBT Percentage8%11%

Differences between finance aid coordinator and coordinator duties and responsibilities

Finance aid coordinator example 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.
  • Post loan, Pell grant and SEOG grant payments to the student account summaries.
  • Add newly enroll students to NSLDS and to check for prior loans and/or defaults, prior to start.
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Coordinator example responsibilities.

  • Conduct kaizen blitz in the machine shop that achieve higher productivity and efficiency gains.
  • Manage documented records of meetings and contact with Pre-K teachers to discuss relevant information concerning children and families.
  • Manage and coordinate the workload of the release team members and are responsible for organizing and hosting all production release windows.
  • Manage IDT roster and participate in interdisciplinary team meetings.
  • Provide leadership development opportunities for youth and lead community events and activities for the community.
  • Facilitate development of veterans individual rehabilitation plans, which provide purpose, organization and empowerment to achieve life goals.
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Finance aid coordinator vs coordinator skills

Common finance aid coordinator skills
  • Financial Aid Programs, 9%
  • FAFSA, 6%
  • Work-Study, 6%
  • Financial Aid, 5%
  • Title IV, 5%
  • Student Loans, 5%
Common coordinator skills
  • Customer Service, 21%
  • Patients, 10%
  • Excellent Organizational, 7%
  • Data Entry, 5%
  • Excellent Guest, 5%
  • Coordinators, 4%

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