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Funding specialist education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a funding specialist. Funding specialists usually study business, finance, or accounting. 61% of funding specialists hold a bachelor's degree, and 18% hold an associate degree. We analyzed 2,458 real funding specialist resumes to see exactly what funding specialist education sections show.

The most common colleges for funding specialists are the University of Phoenix and the University of Phoenix.

There are also many online funding specialist courses to help get the education required to be a funding specialist.

There are certain funding specialist certifications that you should consider. These funding specialist certifications include Certified Billing and Coding Specialist (CBCS) and Certified Management Accountant (CMA).

What education do you need to become a funding specialist?

What degree do you need to be a funding specialist?

The most common degree for funding specialists is bachelor's degree, with 61% of funding specialists earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 10%.
  • Bachelor's, 61%
  • Associate, 18%
  • High School Diploma, 10%
  • Master's, 7%
  • Other Degrees, 4%

What should I major in to become a funding specialist?

You should major in business to become a funding specialist. 33% of funding specialists major in business. Other common majors for a funding specialist include finance and accounting.

Most common colleges for funding specialists

Funding specialists often get their degrees at University of Phoenix, The University of Texas at Arlington, and University of Wisconsin - Milwaukee. Here are the most common colleges for funding specialists in the US based on their resumes.
Funding specialist common collegePercentages
University of Phoenix13.33%
The University of Texas at Arlington10.00%
University of Wisconsin - Milwaukee7.14%
Arizona State University6.19%
Ohio State University6.19%

Best majors for funding specialists

RankMajorPercentages
1Business33.2%
2Finance12.9%
3Accounting9.9%
4Communication4.3%
5Criminal Justice4.1%

Best colleges for funding specialists

The best colleges for funding specialists are Northwestern University, University of Southern California, and New York University.

A funding specialist with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for funding specialists. 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 funding specialists.

1. Western Carolina University

Cullowhee, NC • Private

In-state tuition

$3,926

Enrollment

9,835

2. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

3. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

4. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

5. Georgetown University

Washington, DC • Private

In-state tuition

$54,104

Enrollment

7,089

6. Ball State University

Muncie, IN • Private

In-state tuition

$9,896

Enrollment

15,529

7. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

8. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

9. Howard University

Washington, DC • Private

In-state tuition

$26,756

Enrollment

6,166

10. Bowling Green State University

Bowling Green, OH • Private

In-state tuition

$11,105

Enrollment

13,729

20 best online courses for funding specialists

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Top 10 most affordable universities for funding specialists

The most affordable schools for funding specialists are Baruch College of the City University of New York, usf sarasota-manatee, and suny farmingdale.

If the best universities for funding specialists 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 funding specialists.

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. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

3. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

4. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

5. Minot State University

Minot, ND • Private

In-state tuition

$7,064

Cost of attendance

15,576

6. University of South Florida

Tampa, FL • Private

In-state tuition

$6,410

Cost of attendance

20,456

7. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

8. Florida Atlantic University

Boca Raton, FL • Private

In-state tuition

$4,831

Cost of attendance

19,559

9. Dickinson State University

Dickinson, ND • Private

In-state tuition

$6,768

Cost of attendance

15,506

10. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

Top 10 hardest universities to get into for funding specialists

The hardest universities for funding specialists to get into are Northwestern University, University of Southern California, and New York University.

Some great schools for funding specialists 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 funding specialists 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 Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

3. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

4. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

5. Georgetown University

Washington, DC • Private

Admissions rate

15%

SAT average

1,456

6. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

7. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

8. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

9. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

10. Brandeis University

Waltham, MA • Private

Admissions rate

31%

SAT average

1,398

Top 10 easy-to-apply-to universities for funding specialists

The easiest schools for funding specialists to get into are Barry University, holy names university, and notre dame college.

Some schools are much easier to get into. If you want to start your career as a funding specialist 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 funding specialists.

1. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

4. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

5. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

6. La Roche College

Pittsburgh, PA • Private

Admissions rate

99%

SAT average

1,008

7. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

8. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

9. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

10. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

Average funding specialist salary by education level

According to our data, funding specialists with a Doctorate degree earn the highest average salary, at $53,590 annually. Funding specialists with a Master's degree earn an average annual salary of $52,475.
Funding specialist education levelFunding specialist salary
Master's Degree$52,475
Bachelor's Degree$46,668
Doctorate Degree$53,590
Some College/ Associate Degree$39,343

Funding specialist 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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