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The differences between finance aid counselors and finance aid coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a finance aid counselor and a finance aid coordinator. Additionally, a finance aid coordinator has an average salary of $38,925, which is higher than the $37,672 average annual salary of a finance aid counselor.
The top three skills for a finance aid counselor include financial assistance, customer service and financial aid programs. The most important skills for a finance aid coordinator are financial aid programs, FAFSA, and work-study.
| Finance Aid Counselor | Finance Aid Coordinator | |
| Yearly salary | $37,672 | $38,925 |
| Hourly rate | $18.11 | $18.71 |
| Growth rate | 15% | 7% |
| Number of jobs | 118,072 | 98,992 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 61% |
| Average age | 45 | 45 |
| Years of experience | 2 | 2 |
Financial aid counselors are professionals who are responsible for providing advice to students and parents regarding various institutional financial aid programs. By following state and university guidelines, financial aid counselors are required to award funds from various controlled programs to students by ensuring the optimal use of financial aid funds. These counselors must assist students to complete all the appropriate and required forms to ensure the proper application process for financial aid. They must also assist the financial aid coordinator to make sure that their department is running smoothly.
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.
Finance aid counselors and finance aid coordinators have different pay scales, as shown below.
| Finance Aid Counselor | Finance Aid Coordinator | |
| Average salary | $37,672 | $38,925 |
| Salary range | Between $29,000 And $47,000 | Between $30,000 And $49,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | The American Musical and Dramatic Academy | Curry College |
| Best paying industry | Education | Education |
There are a few differences between a finance aid counselor and a finance aid coordinator in terms of educational background:
| Finance Aid Counselor | Finance Aid Coordinator | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between finance aid counselors' and finance aid coordinators' demographics:
| Finance Aid Counselor | Finance Aid Coordinator | |
| Average age | 45 | 45 |
| Gender ratio | Male, 28.2% Female, 71.8% | Male, 24.7% Female, 75.3% |
| Race ratio | Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.4% American Indian and Alaska Native, 0.5% | Black 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% |
| LGBT Percentage | 8% | 8% |