How Much Does a Financial Aid Specialist Make in Michigan?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Financial Aid Specialist in Michigan is $48,041. While Salary.com is seeing that Financial Aid Specialist salary in MI can go up to $60,305 or down to $36,453, but most earn between $41,975 and $54,460. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Financial Aid Specialist
Financial Aid
$42,340
Michigan
Per Year
Financial Aid Advisor
$48,470
Michigan
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Financial Aid Administrator
$48,979
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Financial Aid Coordinator
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Similar Job Salaries to Financial Aid Specialist by Company

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Company average base salary in (usd) range
Henry Ford College, MI
Financial Aid Specialist
$67,799/yr
$56,991
$78,608
RANGE: $56,991 - $78,608
Grand Rapids Community College
Financial Aid Technical Specialist
$65,243/yr
$54,843
$75,644
RANGE: $54,843 - $75,644
Henry Ford College
Financial Aid Associate
$67,799/yr
$56,991
$78,608
RANGE: $56,991 - $78,608
Lourdes University
FINANCIAL AID COUNSELOR
$64,974/yr
$54,616
$75,332
RANGE: $54,616 - $75,332
North Central Michigan College
Director of Financial Aid
$73,723/yr
$61,081
$86,365
RANGE: $61,081 - $86,365
Entech Staffing Solutions
Financial Aid Clerk Part-Time
$51,013/yr
$45,113
$56,912
RANGE: $45,113 - $56,912
Beltone Hearing Aid Center
Assistant Hearing Aid Specialist
$66,564/yr
$55,988
$77,140
RANGE: $55,988 - $77,140
$34,377/yr
$31,526
$37,227
RANGE: $31,526 - $37,227

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Top 10 Highest Paying Cities For Financial Aid Specialist Jobs in Michigan

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Financial Aid Specialist can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Financial Aid Specialist job salaries in Michigan. Some cities can pay higher salaries for Financial Aid Specialist jobs, which can indicate that there is a large demand for Financial Aid Specialist positions in this city.
The following table shows top 10 cities where the Financial Aid Specialist salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Financial Aid Specialist salary is $49,939 in Ann Arbor, which is higher than the national average. There are 18 cities' Financial Aid Specialist salary higher than national average in Michigan.
The average salary for a Financial Aid Specialist in Michigan is $48,041, but we found that the city with the highest salary for Financial Aid Specialist jobs is Ann Arbor, MI, and it is higher than Canton. Financial Aid Specialist jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Ann Arbor $49,939 $4,162 $960 $24
Canton $49,842 $4,153 $958 $24
Novi $49,696 $4,141 $956 $24
Westland $49,306 $4,109 $948 $24
West Bloomfield $49,112 $4,093 $944 $24
Detroit $49,063 $4,089 $944 $24
Warren $49,063 $4,089 $944 $24
Dearborn $49,063 $4,089 $944 $24
Waterford $49,063 $4,089 $944 $24
Dearborn Heights $49,014 $4,085 $943 $24

What Does a Financial Aid Specialist Do?

The Financial Aid Specialist is a team member of the Financial Aid Office and is primarily responsible for determining student eligibility for financial aid.
Updated December 04, 2021
Provide advice and counsel about available financial aid opportunities, eligibility requirements, the application process and College resources to students and parents in person, over the telephone, and through email.
Updated November 25, 2021
Report financial and procedural issues to management to mitigate any issues within the Financial Aid process.
Updated November 19, 2021
Provided financial guidance to students, audited financial aid files, processed veterans' educational benefits and federal and private student loans.
Updated November 06, 2021
Present the most important skills in your resume, there's a list of typical financial aid specialist skills:.
Updated December 22, 2021

Frequently Asked Questions About a Financial Aid Specialist Salaries

What is the average of a Financial Aid Specialist in Michigan?

The Financial Aid Specialist salary range is from $41,975 to $54,460, and the average Financial Aid Specialist salary is $48,041/year in Michigan. The Financial Aid Specialist's salary will change in different locations.

Which location pays the highest Financial Aid Specialist salary in the United States?

The Financial Aid Specialist salary in San Jose, CA is $61,085 which is the highest in the US.

What kinds of reasons will influence the Financial Aid Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Financial Aid Specialist.

What is the growth rate of the Financial Aid Specialist's salary?

If you are thinking of becoming a Financial Aid Specialist or planning the next step in your career, find the detailed salary report of a Financial Aid Specialist.