Financial Aid Processor Salary in Chicago, IL

How much does a Financial Aid Processor make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Financial Aid Processor in Chicago, IL is $51,277. According to Salary.com, salaries can range from a low of $39,963 to a high of $65,346, with most professionals earning between $45,355 and $58,641.

Search Financial Aid Processor Jobs in Chicago, IL

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for a Financial Aid Processor

$45,355 to $58,641

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Financial Aid Processor Salary:
Select State
Select City in IL
Choose Similar Job
Pick Related Category
View Cost of Living in Chicago, Illinois

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Financial Aid Processor

Review the job openings and experience requirements for the Financial Aid Processor job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Financial Aid Processor.

Search Financial Aid Processor Job Openings

Job Openings for Financial Aid Processor in Chicago, IL

What does a Financial Aid Processor do?

Common responsibilities of a Financial Aid Processor

Monitors programs for compliance with Federal, State and Institutional regulations, Manage the SAP administration and communication to both students and those that request the information on behalf of the student.

March 26, 2023

Attends professional workshops/training as needed to maintain knowledge of federal student financial aid programs and scholarship opportunities.

April 09, 2023

Maintains state, regional and national professional membership(s) within the association(s) for financial aid administrators.

May 08, 2023

Requires detailed knowledge of federal and state regulations combined with general knowledge of institutional policies and procedures, especially those involving Admissions, Registration and Student Accounts.

May 18, 2023

Determines appropriate cost of attendance for students and awards federal, state and institutional aid to financial aid recipients.

March 19, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Financial Aid Processor Salary By Experience Levels in Chicago, IL

How much should you be earning in Financial Aid Processor in Chicago, IL based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Financial Aid Processor in Chicago, IL

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Financial Aid Processor Salary By Level of Education in Chicago, IL

Do you know how much should you be paid for a Financial Aid Processor position in Chicago, IL based on your education level?

Tell us about your education and see an estimate of earnings for Financial Aid Processor in Chicago, IL and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Financial Aid Processor in Chicago, IL

Average Base Salary

Core compensation

45355

58641

51277

Average Total Cash Compensation

Includes base and annual incentives

45355

58641

51277

What is the average salary for Financial Aid Processor in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Financial Aid Processor in Chicago, IL. The base salary for Financial Aid Processor ranges from $45,355 to $58,641 with the average base salary of $51,277. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $45,355 to $58,641 with the average total cash compensation of $51,277.

View Average Salary for Financial Aid Processor as table

	Average Salary	Average Salary Range
Base Salary	$51,277	$45,355 - $58,641
Bonus	$0	$0 - $0
Total Pay	$51,277	$45,355 - $58,641

* 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.

Financial Aid Processor Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $45,355 - $58,641	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $45,355 - $58,641	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $45,302 - $58,573	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $45,337 - $58,619	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $45,337 - $58,619	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $44,407 - $57,416	COMPARE TO Chicago, IL

See salaries for Financial Aid Processor in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Financial Aid Processor in Chicago, IL

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Financial Aid	LOCATION Chicago, IL	MINIMUM SALARY $43,346	MAXIMUM SALARY $50,372
JOB TITLE Financial Aid Advisor	LOCATION Chicago, IL	MINIMUM SALARY $45,210	MAXIMUM SALARY $55,130
JOB TITLE Financial Aid Coordinator	LOCATION Chicago, IL	MINIMUM SALARY $62,156	MAXIMUM SALARY $87,650
JOB TITLE Financial Aid Manager	LOCATION Chicago, IL	MINIMUM SALARY $84,417	MAXIMUM SALARY $121,675
JOB TITLE Financial Aid Planner	LOCATION Chicago, IL	MINIMUM SALARY $45,355	MAXIMUM SALARY $58,641
JOB TITLE Financial Aid Technician	LOCATION Chicago, IL	MINIMUM SALARY $45,355	MAXIMUM SALARY $58,641

The Financial Aid Processor job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

45355

58641

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Financial Aid Processor Salary in popular cities: Aurora, Rockford, Joliet

Recently searched related titles: Hub Supervisor, Financial Aid Specialist, Accessibility Consultant

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Financial Aid Processor : Access Consultant, Financial Aid Consultant, Financial Service Advisor