How much does a Financial Aid Administrator make? The average Financial Aid Administrator salary is $42,873 as of November 27, 2023, but the salary range typically falls between $36,654 and $50,299. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for a Financial Aid Administrator
$36,654 to $50,299
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What does a Financial Aid Administrator do?
Common responsibilities of a Financial Aid Administrator
Review and interpret state and federal regulations to provide training, guidance, and direction to financial aid staff members regarding the types of financial aid programs, program requirements and responsibilities, and application procedures.
January 06, 2023
Monitor department expenditures, including salaries, travel, and supplies to ensure that budget shortfalls do not occur.
January 14, 2023
Communicate and interact effectively with students, other departments on campus, CFAO, and others in order to expedite student financial aid.
February 04, 2023
Determine and execute appropriate levels of match, carry forward and carry back funds for all campus-based programs.
April 25, 2023
Collaborate with the Director of Financial Aid and Student Financial Services Office to provide complete and accurate financial aid data to support reconciliation processes.
May 14, 2023
Provides in depth advising to students, parents, and related 3rd parties (with appropriate FERPA release on file- where applicable) to financing the cost of higher education, to facilitate appropriate financial aid award packaging and to disseminate accurate information to both current and prospective students regarding overall financial aid policies, processes, and procedures implemented and followed by the College.
May 19, 2023
Financial Aid Administrator Salary in Major Cities
This chart shows the salary comparison for Financial Aid Administrator between major cities. San Francisco City consistently ranks #1 as of November 27, 2023. Click on the chart to see the detail salary data for Financial Aid Administrator in each city.
Financial Aid Administrator Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Financial Aid Administrator Salary by City
Click to see the salary for Financial Aid Administrator in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $53,592 |
| Washington, DC | $47,727 |
| Miami, FL | $41,609 |
| Chicago, IL | $45,227 |
| Boston, MA | $48,306 |
| New York, NY | $50,376 |
| Dallas, TX | $42,595 |
If you'd like know Financial Aid Administrator Salary in other cities, then please select a city in
Average Salary Range for Financial Aid Administrator
Average Base Salary
Core compensation
36654
50299
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Financial Aid Administrator in 2023?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Financial Aid Administrator in the United States. The base salary for Financial Aid Administrator ranges from $36,654 to $50,299 with the average base salary of $42,873. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $36,654 to $50,299 with the average total cash compensation of $42,873.
View Average Salary for Financial Aid Administrator as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $42,873 | $36,654 - $50,299 |
| Bonus | $0 | $0 - $0 |
| Total Pay | $42,873 | $36,654 - $50,299 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Financial Aid Administrator online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Financial Aid Administrator, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Financial Aid Administrator
What's the difference between Financial Aid and Financial Aid Administrator?
According to our latest salary estimation on November 27, 2023. The average salary of Financial Aid Administrator is $42,873, and the average salary of Financial Aid is $41,889. The average salary of Financial Aid is lower than Financial Aid Administrator. ( 2023-11-27 salary.com )
I am a Financial Aid Administrator, which location’s salary is higher, Hattiesburg, MS or Nashua, NH?
Nashua, NH typically sees higher pay than Hattiesburg, MS for Financial Aid Administrator. a Financial Aid Administrator Salary in Nashua, NH is $46,475 as of November 27, 2023; a Financial Aid Administrator Salary in Hattiesburg, MS is $37,463 as of November 27, 2023. ( 2023-11-27 salary.com )
Financial Aid Administrator Frequently Asked Questions
Why does the salary of a Financial Aid Administrator vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2023-11-27 salary.com )
What are the Pay Factors for Financial Aid Administrator?
Salary ranges for a Financial Aid Administrator can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2023-11-27 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2023-11-27 salary.com )
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Last Update: November 27, 2023