Financial Aid Processor Salary in the United States

How much does a Financial Aid Processor make in the United States?

As of January 01, 2026, the average salary for a Financial Aid Processor in the United States is $47,795 per year, which breaks down to an hourly rate of $23.

However, a Financial Aid Processor's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $55,334
  • Majority Range (25th-75th percentile): $42,985 to $51,741
  • Entry-Level (10th percentile): $38,607
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View as table View as graph 25% $42,985 10% $38,607 90% $55,334 75% $51,741 $47,795 50%(Median) Didn’t find job title? Click

Financial Aid Processor Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $51,741 $4,312 $995 $25
Average $47,795 $3,983 $919 $23
25th Percentile $42,985 $3,582 $827 $21
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Key Factors That Influence Financial Aid Processor Salaries

A Financial Aid Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Financial Aid Processor Salaries?

Experience is a primary driver of a Financial Aid Processor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $45,875
  • Early Career (1-2 years): $46,023
  • Mid-Level (2-4 years): $47,795
  • Senior-Level (5-8 years): $49,419
  • Expert (over 8 years): $49,536
Levels Salary
Entry Level Financial Aid Processor$45,875
Intermediate Level Financial Aid Processor$46,023
Senior Level Financial Aid Processor$47,795
Specialist Level Financial Aid Processor$49,419
Expert Level Financial Aid Processor$49,536
$45,875 0 yr
$46,023 < 2 yrs
$47,795 2-4 yrs
$49,419 5-8 yrs
$49,536 > 8 yrs
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What Am I Worth?

How Do Financial Aid Processor Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Financial Aid Processors. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $52,918.
  • California: $52,717.
  • Massachusetts: $52,015.

Top Paying Cities for Financial Aid Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $60,283
  • San Francisco: $59,691
  • Oakland: $58,367

What Skills Can Increase a Financial Aid Processor's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 13.76% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Financial Literacy (Mentioned in 2.18% Job Postings): Financial literacy is the confident understanding of concepts including saving, investing and debt that leads to an overall sense of financial well-being and self-trust.
  • Data Entry (Mentioned in 1.24% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
See More Skills
Skills Demand Percentage
Customer Service 13.76%
Financial Literacy 2.18%
Data Entry 1.24%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Financial Aid Processor's salary.
  • Financial Planning: Can increase your salary by up to 14%.
  • Leadership: Can increase your salary by up to 7%.
  • Analysis: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Financial Planning
$54,486
14%
Leadership
$51,140
7%
Analysis
$50,184
5%
Planning
$50,184
5%
Critical Thinking
$49,228
3%
Needs Analysis
$49,228
3%
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How Education impacts a Financial Aid Processor's Salary?

Your level of education can impact your salary potential. While many Financial Aid Processors enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Financial Aid Processor with a Associate's Degree is between $46,077 and $49,339).

Financial Aid Processor Salaries by Degree Level

Typical Education for Financial Aid Processor
Degree Level % of user with this level of education
No Diploma 0.8%
High School 11.0%
Associates 9.5%
Bachelors 60.5%
Masters 18.1%
Doctorate 0.2%
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Financial Aid Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Financial Aid Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on January 01, 2026

Salary Trends for Financial Aid Processor

Salaries for a Financial Aid Processor can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $51,392 in 2023 to around $50,311 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Financial Aid Processor salary trends, .

Average Annual Salary of Financial Aid Processor Over Time

2022
$???
2023
$51,392
2024
$50,939
2025
$50,311
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $51,392
2024 $50,939
2025 $50,311
2026
View More
2027
View More

Most common benefits for Financial Aid Processor

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Financial Aid Processor

Here are companies hiring for Financial Aid Processor and their salaries, click below for more details.

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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