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The differences between grant coordinators and contracts specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts specialist has an average salary of $63,727, which is higher than the $48,357 average annual salary of a grant coordinator.
The top three skills for a grant coordinator include grants management, financial reports and professional development. The most important skills for a contracts specialist are veterans, DOD, and contract administration.
| Grant Coordinator | Contracts Specialist | |
| Yearly salary | $48,357 | $63,727 |
| Hourly rate | $23.25 | $30.64 |
| Growth rate | 6% | -6% |
| Number of jobs | 25,737 | 27,244 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 62% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A grant coordinator is primarily in charge of organizing and applying grants for an organization. Their responsibilities revolve around performing research and analysis to identify suitable grants, gathering and completing applications, developing proposals, and monitoring the progress of procedures. They must also serve as the examiner's point of contact, maintain knowledge of all grant policies, and resolve issues should there be any. Furthermore, as a grant coordinator, it is essential to produce progress reports and presentations for the company managers or executives, providing them regular updates of all procedures.
A contract specialist is responsible for evaluating contract agreements between the business and its clients. Contract specialists write beneficial deals that would develop good, professional working partnerships. They negotiate terms with clients, analyzing bid offers, review legislation processes and regulations, provide immediate resolution for breach of contracts, manage procurement proposals, and communicate with potential and existing clients for any amendments and clarifications. A contract specialist must have excellent communication and negotiation skills and broad knowledge of legal terminologies and contract styles.
Grant coordinators and contracts specialists have different pay scales, as shown below.
| Grant Coordinator | Contracts Specialist | |
| Average salary | $48,357 | $63,727 |
| Salary range | Between $36,000 And $64,000 | Between $40,000 And $99,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | New Jersey | Delaware |
| Best paying company | Wayne County, Michigan | |
| Best paying industry | Health Care | Government |
There are a few differences between a grant coordinator and a contracts specialist in terms of educational background:
| Grant Coordinator | Contracts Specialist | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between grant coordinators' and contracts specialists' demographics:
| Grant Coordinator | Contracts Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 26.0% Female, 74.0% | Male, 40.2% Female, 59.8% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |