Navigating the financial aid process can be a complex and confusing process for many students. You can help students get through this process by becoming a finance or financial aid director. A financial aid director can work for any organization that offers financial aid programs. As part of their job, they oversee various financial operations and programs, including offering grants, managing loans, providing payment plans, and determining eligibility for aid.

They are also responsible for managing the staff working in the financial aid department. One of their most important duties is ensuring that the financial aid staff is applying protocol correctly when running operations. Some other tasks they perform include hiring and training staff, ensuring compliance with state and federal regulations, providing information to students on aid programs, and ensuring aid is correctly disbursed.

To become a financial aid director, you'll typically need a Bachelor's degree. However, some employers may require a Master's degree in accounting, business, student affairs or public administration.

What Does a Finance Aid Director Do

There are certain skills that many finance aid directors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, problem-solving skills and organizational skills.

Learn more about what a Finance Aid Director does

How To Become a Finance Aid Director

If you're interested in becoming a finance aid director, one of the first things to consider is how much education you need. We've determined that 62.6% of finance aid directors have a bachelor's degree. In terms of higher education levels, we found that 15.8% of finance aid directors have master's degrees. Even though most finance aid directors have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Finance Aid Director

Finance Aid Director Career Paths

Average Salary for a Finance Aid Director

Finance Aid Directors in America make an average salary of $58,644 per year or $28 per hour. The top 10 percent makes over $92,000 per year, while the bottom 10 percent under $37,000 per year.
Average Finance Aid Director Salary
$58,644 Yearly
$28.19 hourly
$37,000
10 %
$58,000
Median
$92,000
90 %

What Am I Worth?

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How To Become a Finance Aid Director
How To Become a Finance Aid Director Career Overview

States With The Most Finance Aid Director Jobs

Mouse over a state to see the number of active finance aid director jobs in each state. The darker areas on the map show where finance aid directors earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Finance Aid Director Jobs By State

RankStateNumber of JobsAverage Salary
1California4,570$73,787
2New York2,767$66,061
3Texas2,531$55,866
4Florida2,375$52,828
5Illinois2,284$68,966
6New Jersey1,598$82,816
7Massachusetts1,549$82,479
8Ohio1,462$63,669
9Georgia1,423$63,851
10Virginia1,421$59,534
11North Carolina1,408$51,665
12Michigan1,340$77,397
13Washington1,259$75,071
14Alabama1,080$57,690
15Minnesota1,056$61,608
16Pennsylvania1,049$70,457
17Tennessee953$54,506
18Wisconsin908$75,114
19Missouri891$51,133
20Indiana887$53,225
21Maryland850$77,049
22Iowa843$64,536
23Colorado757$60,769
24Arizona757$55,395
25Louisiana750$61,973
26Oregon733$70,390
27Connecticut680$78,870
28Arkansas581$49,516
29South Carolina542$48,612
30Oklahoma518$50,461
31Utah511$59,977
32Mississippi475$50,575
33Kentucky375$61,538
34New Mexico264$53,789
35Idaho220$69,128
36Nebraska218$54,288
37Nevada215$73,018
38Delaware187$64,572
39New Hampshire181$70,837
40Maine142$68,208
41West Virginia139$67,332
42Rhode Island137$65,825
43Hawaii135$59,414
44North Dakota128$60,405
45Alaska107$56,860
46Montana91$71,466
47South Dakota87$68,406
48Vermont85$64,508
49Wyoming84$69,482
50Kansas47$53,633

Finance Aid Director Education

Finance Aid Director Majors

41.7 %

Finance Aid Director Degrees

Bachelors

62.6 %

Masters

15.8 %

Associate

14.6 %

Top Colleges for Finance Aid Directors

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

5. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

6. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

7. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

8. University of Michigan - Ann Arbor

Ann Arbor, MI • Private

In-State Tuition
$15,262
Enrollment
30,079

9. University of North Carolina at Chapel Hill

Chapel Hill, NC • Private

In-State Tuition
$8,987
Enrollment
18,946

10. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

Top Skills For a Finance Aid Director

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 9.0% of finance aid directors listed financial aid programs on their resume, but soft skills such as computer skills and problem-solving skills are important as well.

Choose From 10+ Customizable Finance Aid Director Resume templates

Zippia allows you to choose from different easy-to-use Finance Aid Director templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Finance Aid Director resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Finance Aid Director Resume
Finance Aid Director Resume

Finance Aid Director Demographics

Finance Aid Director Gender Distribution

Female
Female
69%
Male
Male
31%

After extensive research and analysis, Zippia's data science team found that:

  • Among finance aid directors, 69.1% of them are women, while 30.9% are men.

  • The most common race/ethnicity among finance aid directors is White, which makes up 68.5% of all finance aid directors.

  • The most common foreign language among finance aid directors is Spanish at 64.9%.

Work Experience Programs For Finance Aid Directors

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Finance and Mergers & Acquisitions Program

Company: Ashurst UK

Cost: Free

Duration: 4-5 hours

Financial Services Regulation Program

Company: Herbert Smith Freehills

Cost: Free

Duration: 5-6.5 hours

Audit Program

Company: Grant Thornton Australia

Cost: Free

Duration: 5-6 hours

Career Catalyst: Audit Program

Company: KPMG U.S.

Cost: Free

Duration: 5-6 hours

Workplace Preparation Program

Company: ANZ

Cost: Free

Duration: 5-6 hours

Sustainable Finance Program

Company: Clifford Chance

Cost: Free

Duration: 6-7 hours

Global Finance and Business Management Program

Company: JPMorgan Chase & Co.

Cost: Free

Duration: 4-5 hours

Audit & Assurance Program

Company: KPMG AU

Cost: Free

Duration: 5-6 hours

Financial Audit Program

Company: PwC Switzerland

Cost: Free

Duration: 5-6 hours

Accounting Program

Company: Chartered Accountants ANZ

Cost: Free

Duration: 3 hours

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Best States For a Finance Aid Director

Some places are better than others when it comes to starting a career as a finance aid director. The best states for people in this position are New Jersey, Massachusetts, Connecticut, and Michigan. Finance aid directors make the most in New Jersey with an average salary of $82,816. Whereas in Massachusetts and Connecticut, they would average $82,479 and $78,870, respectively. While finance aid directors would only make an average of $77,397 in Michigan, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Massachusetts

Total Finance Aid Director Jobs:
1,549
Highest 10% Earn:
$130,000
Location Quotient:
1.1

2. New Jersey

Total Finance Aid Director Jobs:
1,598
Highest 10% Earn:
$132,000
Location Quotient:
1.32

3. Michigan

Total Finance Aid Director Jobs:
1,340
Highest 10% Earn:
$122,000
Location Quotient:
1.13
Full List Of Best States For Finance Aid Directors

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Top Finance Aid Director Employers

Most Common Employers For Finance Aid Director

RankCompanyAverage SalaryHourly RateJob Openings
1Career Education$87,725$42.186
2Kaplan$85,630$41.175
3Lincoln Tech$83,289$40.0415
4ATI Physical Therapy$80,487$38.7012
5Heald College$77,886$37.456
6Universal Technical Institute$77,217$37.125
7Anthem$74,488$35.815
8Vatterott College$70,134$33.7218
9Boston College$69,897$33.605
10Education Affiliates$69,166$33.256

Finance Aid Director Videos