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Education and Training | Financial Aid Director

Financial Aid Director

What Does a Professional in this Career Do?

A Financial Aid Director directs the allocation of financial aid funds and services at a college or university. Applies college policies regarding aid, manages institution's programs and outreach efforts, assists selected applicants, maintains confidentiality, and oversees employees in the financial aid office.

Job Outlook

There were 58 Financial Aid Director job postings in North Carolina in the past year and 2013 in the United States.

In combination with other careers in the College / University Administrator industry, which includes the Financial Aid Director career, the following graph shows the number of people employed for each year since 2015:

Salary

Many new Financial Aid Director jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.

National

The average estimated salary in the United States for this career, based on job postings in the past year, is $110,218.

State

The average estimated salary in North Carolina for this career, based on job postings in the past year, is $109,920.

Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Financial Aid Director postings in the United States in the past year were lower than $98,234.

Education and Experience

Posted Financial Aid Director jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.

Education LevelPercentage
Associate's Degree0%
Bachelor's Degree84.7%
Master's Degree48.19%
Doctoral Degree4.57%
Other3.08%

Posted Financial Aid Director jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.

Years of ExperiencePercentage
0 to 2 years17.73%
3 to 5 years66.02%
6 to 8 years11.76%
9+ years4.48%

Skills

Below are listings of the most common general and specialized skills Financial Aid Director positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.

Baseline Skills

A skill that is required across a broad range of occupations, including this one.

  • Communication (61.05%)
  • Management (51.91%)
  • Customer Service (50.67%)
  • Leadership (48.83%)
  • Operations (42.87%)
  • Packaging And Labeling (28.56%)
  • Planning (25.38%)
  • Coordinating (24.84%)
  • Detail Oriented (24.14%)
  • Problem Solving (24.04%)

Defining Skills

A core skill for this occupation, it occurs frequently in job postings.

  • Financial Aid Eligibility (11.99%)
  • Student Services (32.78%)
  • Financial Aid Management (9.5%)
  • Enrollment Management (29.05%)
  • Auditing (37.1%)
  • Accounting (19.38%)
  • Reconciliation (26.19%)
  • Student Information Systems (19.49%)
  • Financial Aid Counseling (8.15%)
  • Loans (46.11%)

Necessary Skills

A skill that is requested frequently in this occupation but isn’t specific to it.

  • Workflow Management (10.75%)
  • Data Analysis (8.21%)
  • Appeals (0.76%)
  • Marketing (6.97%)
  • Higher Education (9.88%)
  • Regulatory Compliance (7.78%)
  • Financial Services (14.31%)
  • Finance (19.06%)
  • Family Educational Rights And Privacy Act (13.5%)
  • Project Management (8.64%)
  • SAP Applications (14.09%)
  • State Laws (8.32%)
  • PeopleSoft Applications (9.29%)

Salary Boosting Skills

A professional who wishes to excel in this career path may consider developing the following highly valued skills. The percentage of job postings that specifically mention each skill is listed.

  • Financial Aid Eligibility (100%)

Alternative Job Titles

Sometimes employers post jobs with Financial Aid Director skills but a different job title. Some common alternative job titles include:

  • Director of Financial Aid
  • Director of Financial Aid and Scholarships
  • Director of Student Financial Aid
  • Associate Director of Admissions and Financial Aid
  • Financial Aid Associate
  • Director of Scholarships
  • Executive Director of Finance
  • Scholarship Manager
  • Director of Admissions and Financial Aid
  • Assistant Director

Similar Occupations

If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.

Common Employers

Here are the employers that have posted the most Financial Aid Director jobs in the past year along with how many they have posted.

United States

  • Johns Hopkins (25)
  • University of California (20)
  • California State University (18)
  • University Of St. Augustine For Health Sciences (15)
  • University of Tennessee (15)
  • University of Chicago (15)
  • Florida Technical College (14)
  • South University (14)
  • State University of New York (14)
  • Boston University (13)

North Carolina

  • Western Carolina University (7)
  • Appalachian State University (6)
  • University of North Carolina (5)
  • Wake Forest University (5)
  • Winston-Salem State University (3)
  • William Peace University (2)
  • Isothermal Community College (2)
  • Louisburg College (2)
  • Johnson C. Smith University (2)
  • Barton International College (2)

NC State Programs Relevant to this Career

If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!