A person working as a Financial Aid Administrator in United States of America will on average earn $40013 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $40,013.00 |
| Weekly salary | $769.48 |
| Daily salary | $109.62 |
| Hourly salary | $13.70 |
This means financial aid administrator salary is below average!
Job Industry: finance
Description: A financial aid administrator is responsible for managing and overseeing the distribution of financial assistance to students in educational institutions. They play a crucial role in ensuring that students have access to the necessary funding to pursue their education. Their main responsibilities include evaluating financial aid applications, determining eligibility, calculating award amounts, and disbursing funds. Financial aid administrators also provide guidance and support to students and their families, helping them navigate the complex process of applying for and managing financial aid. They stay up-to-date with federal and state regulations regarding financial aid programs and ensure compliance. Additionally, they may be involved in conducting workshops, providing financial literacy education, and collaborating with other departments within the institution.
Tagged with: financial aid, administration, student support, financial assistance, eligibility determination, compliance