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Salary and Benefits

Director OF Financial Aid
$61K-$75K / yr. (est.)
$62K
$68,521 / year
$75K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Director OF Financial Aid

What does a Director OF Financial Aid do?

Functioning as Directors of Financial Aid, responsibilities to handle the financial aid of shares of the company with the vice president of the company. We oversee the financial aid operations and analyse the issues that arise in their execution. We monitor the financial aid activities that are being executed in the company and track their progress. Working as Directors of Financial Aid, we are accountable for processing the funds by using the appropriate information and calculations of the department. We supervise the financial aid management teams and provide them with the instructions to be followed and implemented on the work. We also give instructions for the newly hired team members to understand the objectives of financial aid work.

Core tasks:

  • counselling the newly hired team members
  • overseeing the grant of loans and scholarships
  • maintaining the financial health of the company
  • working collaboratively with the vice presidents
  • monitoring the academic progress of the company

Insights

How Many Years of Experience Do Professionals Need Before Becoming Director OF Financial Aid?
On average, people work 5-7 years in other positions prior to becoming a Director OF Financial Aid.
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Student AdvisorPhoenix, AZ - A year ago
Can anyone confirm if this is true? I've been a Student Advisor for 3 years, and I'm getting tired of waiting to become a Director OF Financial Aid.
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Financial AnalystMiami, FL - A year ago
This is pure nonsense! As a Financial Analyst, I've gained more than enough skills and experience to become a Director OF Financial Aid. I shouldn't have to waste so much time in other positions.
How Long Do Director OF Financial Aid Employees Typically Stay in Their Roles?
On average, Director OF Financial Aids works in this position for 5+ years across multiple employers.
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Marketing ManagerAustin, TX - A year ago
Job hopping can actually be advantageous in the marketing field, as it allows professionals to gain diverse experience and adapt to fast-paced industry trends.
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TeacherMiami, FL - A year ago
🙌 Having worked as a teacher, I understand the importance of job stability and commitment to students. Staying in one position for an extended period allows for consistency in fostering a positive educational environment.
What Is the Job Hopper Score for Director OF Financial Aid Employees?
Frequent job changes in Director OF Financial Aid, indicating a willingness to change companies and roles more frequently.
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Financial CounselorPhiladelphia, PA - A year ago
Job-hopping is a red flag in the financial industry. We need stability and trust when managing other people's money. 🚫
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Career CoachNew York City, NY - A year ago
✋ Hold on a minute! It's all about finding the right fit and following your passion. Different paths lead to success.

Career path

Path to job

How long does a Director OF Financial Aid work in this position across multiple employers?
27 %
Financial Aid Counselor
Avg. length of tenure:4 years
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12 %
Financial Aid Advisor
Avg. length of tenure:3 years
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Read more
Discover a Director OF Financial Aid's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Director OF Financial Aid typically studied at.
Boston University
Indiana University-Bloomington

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Director OF Financial Aid Employees?
Gender ratio in Director OF Financial Aid position: 0.42204827136334 Male and 0.57795172863666 Female. Age ratio in Director OF Financial Aid position: 16-20: 7%, 21-30: 57%, 31-40: 27%, 41-50: 7%, 51-60: 2%, 60+: 0%. Director OF Financial Aid position is predominantly female (57.8%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Director OF Financial AidSeattle, WA - A year ago
As a woman in her mid-40s working as a Director of Financial Aid, I feel offended by that comment. Age doesn't determine competency! 😠
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Director OF Financial AidNew York City, NY - A year ago
Let's not forget that diversity goes beyond gender and age. We need to focus on inclusivity for all backgrounds and experiences! ✊

Workplaces

Who Are the Top Employers for Director OF Financial Aid?
Top employers of Director OF Financial Aid position: Concorde Career Colleges, Ivy Tech Community College, Keiser University. People who work in Director OF Financial Aid position most typically go on to work for the Concorde Career Colleges.
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Director OF Financial AidMiami, FL - A year ago
I've worked in the financial aid field for years, and I've never heard of any Director OF Financial Aid working for Keiser University. This infographic clearly isn't accurate.
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Director OF Financial AidSan Francisco, CA - A year ago
It's disappointing to see that Concorde Career Colleges is one of the top employers. Their financial aid support is abysmal and doesn't prioritize students' needs.
Concorde Career Colleges
Ivy Tech Community College
Keiser University
What Industries Does Director OF Financial Aid Typically Have Experience In?
Industry Background: The most typical industries of Director OF Financial Aid: Education, Professional / Scientific / Technical, Health Care, Religious / Grantmaking / Civic, Finance & Insurance. Director OF Financial Aid employees most likely come from a Education industry background.
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Director OF Financial AidMiami, FL - A year ago
Can I just say how frustrating it is to deal with entitled parents who think their kids deserve more financial aid? We have limited resources, and it's our job to distribute them fairly. Stop making our lives harder!
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Director OF Financial AidNew York City, NY - A year ago
Listen, all your experiences are valid, but sometimes it's best to focus on finding solutions rather than arguing. We're all in this together, so let's support each other and brainstorm ways to improve the financial aid system! 💪

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Discussion about Director OF Financial Aid

Want to know more about Director OF Financial Aid position?
Share your thoughts and ideas about Director OF Financial Aid position with others in our community.
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How formal is the dress code if you work as a Director OF Financial Aid?
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A year ago
Business to business casual
Is Director OF Financial Aid a female or male dominated profession?
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Isabella Holmes4 years ago
This is a well balanced profession, about half of the people are women.
What is the typical age of people who work as a Director OF Financial Aid?
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Benjamin Gardner4 years ago
People working as a Director OF Financial Aid are 29 old on average.
Is a Director OF Financial Aid considered to be a senior profession?
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Sophie Hayes4 years ago
You probably need around 6 years to work as a Director OF Financial Aid
Which industries does a Director OF Financial Aid typically work in?
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Isabella Holmes4 years ago
For a Director OF Financial Aid it’s the most likely to work in the Education.
What kind of higher education a Director OF Financial Aid need?
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Liam Brown4 years ago
You should be fine with a Bachelor of Arts degree
Which company employs the most people in the Director OF Financial Aid role?
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Sophie Hayes4 years ago
It’s common for a Director OF Financial Aid to work for Concorde Career Colleges, Ivy Tech Community College, Keiser University, Universal Technical Institute and University of Maryland University College
How many years do people spend as a Director OF Financial Aid in their career path?
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Isabella Holmes4 years ago
On average people change after more than 5 years.
How likely is it for people working as a Director OF Financial Aid to switch companies still working as a Director OF Financial Aid?
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Liam Brown4 years ago
A Director OF Financial Aid is likely to work for multiple companies as a Director OF Financial Aid.
What occupations do people usually work in before becoming a Director OF Financial Aid?
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Benjamin Gardner4 years ago
A Director OF Financial Aid probably worked as Financial Aid Counselor, Financial Aid Advisor or Financial Aid Officer before
If I’m working as a Director OF Financial Aid, what next position could I have?
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Benjamin Gardner4 years ago
Vice President, Financial Aid Counselor or Director OF Financial Services are good next steps for a Director OF Financial Aid
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Disclaimer

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