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The differences between residence hall directors and finance aid directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a residence hall director and a finance aid director. Additionally, a finance aid director has an average salary of $58,644, which is higher than the $47,193 average annual salary of a residence hall director.
The top three skills for a residence hall director include residence life, desk assistants and student development. The most important skills for a finance aid director are financial aid programs, title iv, and state regulations.
| Residence Hall Director | Finance Aid Director | |
| Yearly salary | $47,193 | $58,644 |
| Hourly rate | $22.69 | $28.19 |
| Growth rate | 7% | 7% |
| Number of jobs | 6,713 | 98,523 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 63% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A Residence Hall Director spearheads and oversees campus residential areas' daily operations to ensure students' safety and welfare. They are responsible for managing staff, setting goals and guidelines, establishing budgets and timelines, delegating duties among managers, implementing programs and protocols, and monitoring all procedures, resolving issues and concerns if any arise. Moreover, a Residence Hall Director encourages staff to reach goals while implementing policies and regulations to help maintain a healthy and safe community for the students.
A finance aid director oversees finance aid officers that deal with student loans, fees, scholarship grants, insurance, and other loans. They organize cash flow for all funds available. They analyze applications, grant scholarships and loans to students, and provide information on benefits and restrictions included with financial aid. They also help students resolve loan defaults or underpayments. They must have good communication skills to facilitate talks between students and universities.
Residence hall directors and finance aid directors have different pay scales, as shown below.
| Residence Hall Director | Finance Aid Director | |
| Average salary | $47,193 | $58,644 |
| Salary range | Between $31,000 And $70,000 | Between $37,000 And $92,000 |
| Highest paying City | Newark, NJ | Washington, DC |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | School of Visual Concepts | Commonwealth |
| Best paying industry | - | Education |
There are a few differences between a residence hall director and a finance aid director in terms of educational background:
| Residence Hall Director | Finance Aid Director | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 63% |
| Most common major | Psychology | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between residence hall directors' and finance aid directors' demographics:
| Residence Hall Director | Finance Aid Director | |
| Average age | 47 | 47 |
| Gender ratio | Male, 46.9% Female, 53.1% | Male, 30.9% Female, 69.1% |
| Race ratio | Black or African American, 12.2% Unknown, 4.1% Hispanic or Latino, 13.1% Asian, 4.7% White, 65.2% American Indian and Alaska Native, 0.7% | Black or African American, 11.4% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 4.4% White, 65.2% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 16% | 16% |