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Finance aid director education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a finance aid director. Finance aid directors usually study business, accounting, or psychology. 63% of finance aid directors hold a bachelor's degree, and 16% hold an master's degree. We analyzed 1,759 real finance aid director resumes to see exactly what finance aid director education sections show.

The most common colleges for finance aid directors are the University of Phoenix and the University of Phoenix.

There are also many online finance aid director courses to help get the education required to be a finance aid director.

There are certain finance aid director certifications that you should consider. These finance aid director certifications include Certified Management Accountant (CMA) and Certified Professional - Human Resource (IPMA-CP).

What education do you need to become a finance aid director?

What degree do you need to be a finance aid director?

The most common degree for finance aid directors is bachelor's degree, with 63% of finance aid directors earning that degree. The second and third most common degree levels are master's degree degree at 16% and master's degree degree at 15%.
  • Bachelor's, 63%
  • Master's, 16%
  • Associate, 15%
  • Diploma, 3%
  • Other Degrees, 3%

What should I major in to become a finance aid director?

You should major in business to become a finance aid director. 42% of finance aid directors major in business. Other common majors for a finance aid director include accounting and psychology.

Most common colleges for finance aid directors

Finance aid directors often get their degrees at University of Phoenix, Pennsylvania State University, and DeVry University. Here are the most common colleges for finance aid directors in the US based on their resumes.
Finance aid director common collegePercentages
University of Phoenix24.52%
Pennsylvania State University5.81%
DeVry University5.16%
American InterContinental University5.16%
Western Washington University5.16%

Best majors for finance aid directors

RankMajorPercentages
1Business41.7%
2Accounting13.0%
3Psychology5.3%
4Finance4.4%
5Political Science3.6%

Best colleges for finance aid directors

The best colleges for finance aid directors are Northwestern University, University of Pennsylvania, and University of Southern California.

A finance aid director with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for finance aid directors. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become 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

20 best online courses for finance aid directors

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Top 10 most affordable universities for finance aid directors

The most affordable schools for finance aid directors are Baruch College of the City University of New York, university of florida, and california state university - long beach.

If the best universities for finance aid directors are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for finance aid directors.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

3. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

4. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

5. California State University - Los Angeles

Los Angeles, CA • Private

In-state tuition

$6,749

Cost of attendance

14,823

6. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

7. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

8. Lehman College of the City University of New York

Bronx, NY • Private

In-state tuition

$7,210

Cost of attendance

14,359

9. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

10. Hunter College of the City University of New York

New York, NY • Private

In-state tuition

$7,182

Cost of attendance

13,998

Top 10 hardest universities to get into for finance aid directors

The hardest universities for finance aid directors to get into are Northwestern University, University of Pennsylvania, and University of Southern California.

Some great schools for finance aid directors are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for finance aid directors based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

4. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

5. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

6. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

7. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

8. University of Rochester

Rochester, NY • Private

Admissions rate

29%

SAT average

1,422

9. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

10. Northeastern University

Boston, MA • Private

Admissions rate

19%

SAT average

1,466

Top 10 easy-to-apply-to universities for finance aid directors

The easiest schools for finance aid directors to get into are D'Youville College, gwynedd mercy university, and mount saint mary's university.

Some schools are much easier to get into. If you want to start your career as a finance aid director without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for finance aid directors.

1. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

2. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

3. Mount Saint Mary's University

Los Angeles, CA • Private

Admissions rate

84%

SAT average

1,031

4. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

5. Felician University

Lodi, NJ • Private

Admissions rate

81%

SAT average

999

6. Notre Dame de Namur University

Belmont, CA • Private

Admissions rate

82%

SAT average

983

7. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

8. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

9. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

10. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

Average finance aid director salary by education level

According to our data, finance aid directors with a Doctorate degree earn the highest average salary, at $78,920 annually. Finance aid directors with a Master's degree earn an average annual salary of $69,253.
Finance aid director education levelFinance aid director salary
Master's Degree$69,253
Bachelor's Degree$57,544
Doctorate Degree$78,920

Finance aid director education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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