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Financial Aid Functional Analyst Jobs (NOW HIRING)

Director, Financial Aid

Nashville, TN ยท On-site

$64K - $96K/yr

Collaborates with IT staff, computer programmers, and systems analysts to ensure financial aid systems are accurately configured, integrated, and maintained; communicates functional needs and ...

Financial Aid Advisor

Dallas, TX ยท On-site

$18.50 - $23.75/hr

Collaborating with cross-functional teams to maintain compliance and streamline financial aid ... Strong analytical, organizational, and communication skills to effectively support students and ...

Financial Aid Counselor

Philadelphia, PA ยท On-site

$37K - $49K/yr

... functional environment. This role is responsible for determining eligibility for and awarding ... Requests additional information as needed based on analysis and review. * Performs verifications to ...

Financial Aid Advisor

Dallas, TX ยท On-site

$18.50 - $23.75/hr

Collaborating with cross-functional teams to maintain compliance and streamline financial aid ... Strong analytical, organizational, and communication skills to effectively support students and ...

Financial Aid Counselor

Philadelphia, PA ยท On-site

$39K - $52K/yr

... functional environment. This role is responsible for determining eligibility for and awarding ... Requests additional information as needed based on analysis and review. * Performs verifications to ...

Analytical skills, strong interpersonal and communication skills and student-centered customer ... Demonstrated critical thinking skills and ability to work successfully with cross-functional teams.

Showing results 21-40

Financial Aid Functional Analyst information

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$38.5K

$88.1K

$118K

How much do financial aid functional analyst jobs pay per year?

As of Sep 11, 2026, the average yearly pay for financial aid functional analyst in the United States is $88,111.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,000.00 and $110,500.00 per year, depending on experience, location, and employer.

What is a financial aid functional analyst?

A Financial Aid Functional Analyst is a professional who specializes in the management, analysis, and optimization of financial aid processes within educational institutions. They bridge the gap between financial aid offices and IT departments, ensuring that financial aid systems (like Banner or PeopleSoft) are configured and functioning properly to support student needs. Their responsibilities include troubleshooting system issues, implementing regulatory updates, testing software changes, training staff, and generating reports to support decision-making. They play a key role in ensuring compliance with federal, state, and institutional financial aid regulations.

How does a financial aid functional analyst typically collaborate with other university departments to improve financial aid processes?

A Financial Aid Functional Analyst frequently works with departments such as Admissions, Registrar, and IT to ensure that financial aid processes are efficient and compliant with regulations. They often coordinate with IT to implement or upgrade student information systems, troubleshoot data integration issues, and streamline workflows. Regular meetings with cross-functional teams help identify opportunities for process improvement, resolve student data discrepancies, and enhance the overall student experience. This role requires strong communication skills and a collaborative approach to successfully drive initiatives across departments.

What are the key skills and qualifications needed to thrive as a financial aid functional analyst, and why are they important?

To thrive as a Financial Aid Functional Analyst, you need expertise in financial aid regulations, data analysis, and process optimization, typically supported by a bachelor's degree in a related field. Proficiency with Student Information Systems (such as Ellucian Banner or PeopleSoft), SQL, and reporting tools is often required. Strong attention to detail, analytical thinking, and effective communication skills help you collaborate across departments and ensure compliance. These skills are vital for accurate financial aid processing, regulatory adherence, and improving student support services.

What is the difference between Financial Aid Functional Analyst vs Financial Aid Coordinator?

AspectFinancial Aid Functional AnalystFinancial Aid Coordinator
CredentialsBachelor's degree, knowledge of financial aid systemsBachelor's degree, familiarity with financial aid policies
Work EnvironmentAnalyzing and implementing financial aid software, collaborating with IT and finance teamsAssisting students, processing aid applications, ensuring compliance
Employer & Industry UsageHigher education institutions, government agenciesColleges, universities, financial aid offices

The Financial Aid Functional Analyst primarily focuses on analyzing, configuring, and supporting financial aid software systems, working closely with IT and finance teams. In contrast, the Financial Aid Coordinator handles student interactions, processes aid applications, and ensures compliance with policies. Both roles require a strong understanding of financial aid processes but differ in their focus and daily responsibilities.

What are popular job titles related to Financial Aid Functional Analyst jobs?

For Financial Aid Functional Analyst jobs, the most frequently searched job titles are:

Infographic showing various Financial Aid Functional Analyst job openings in the United States as of September 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $88,111 per year, or $42.4 per hour.

Director, Financial Aid

Nashville, TN โ€ข On-site

TNBR Careers
Scientific Research and Development Servicesย โ€ขย 201 - 500 employees

$64K - $96K/yr

Full-time

Re-posted 14 days ago


Job description

Title: Director, Financial Aid

POSITION SUMMARY
The Director of Financial Aid provides strategic leadership and oversight of all federal, state, and institutional financial aid programs. This role ensures compliance with applicable regulations, supports student access and success, and aligns financial aid operations with institutional enrollment and retention goals.

ESSENTIAL JOB FUNCTIONS/JOB DUTIES AND RESPONSIBILITIES
Develops and implements financial aid policies and procedures to ensure compliance with federal, state, and institutional regulations. Oversees the awarding, disbursement, and reconciliation of Title IV, state, and institutional aid. Supervises and trains financial aid staff, ensuring cross-training and professional development. Monitors and manages the financial aid budget, including forecasting and fund utilization. Ensures compliance with Return of Title IV (R2T4), Satisfactory Academic Progress (SAP), and verification processes. Leads strategic initiatives to improve financial aid delivery and support enrollment management goals. Coordinates with Admissions, Registrar, and Student Accounts to ensure seamless student support.

Prepares and submits federal and state reports, including FISAP, IPEDS, and TBR extracts; maintains institutional eligibility through the Program Participation Agreement (PPA); develops the annual Cost of Attendance (COA); and serves as the institution’s Primary Destination Point Administrator (DPA) for federal financial aid systems. Collaborates with IT staff, computer programmers, and systems analysts to ensure financial aid systems are accurately configured, integrated, and maintained; communicates functional needs and participates in system testing, upgrades, and troubleshooting. Coordinates with external agencies (e.g., U.S. Department of Education, TSAC, auditors, scholarship providers) and consults with internal stakeholders to support compliance, program development, and institutional alignment. Participates in professional development activities and conferences to stay current with financial aid trends and regulations. Conducts financial aid workshops and counseling sessions for students and families. Performs internal audits and self-assessments to ensure compliance and readiness for external reviews.

REQUIRED QUALIFICATIONS
Bachelor’s degree

Minimum 4 years in financial aid administration, with 3 years in a supervisory role

PREFERRED QUALIFICATIONS
Master's degree

In depth knowledge of Title IV regulations and FERPA

Experience with financial aid systems (e.g., Banner)

KNOWLEDGE, SKILLS AND ABILITIES
Comprehensive understanding of federal and state financial aid regulations and compliance frameworks. Familiarity with institutional policies and academic structures that influence financial aid eligibility. Working knowledge of student information systems and financial aid platforms (e.g., Banner). Awareness of data privacy standards and secure system access protocols. Strong analytical skills for interpreting regulations, managing budgets, and analyzing data. Effective communication skills for engaging with students, staff, external agencies, and technical teams. Leadership and team development skills to manage staff and foster collaboration. Technical fluency to translate operational needs to IT professionals and support system integration. Project management skills to lead initiatives and implement process improvements. Ability to interpret complex regulations and apply them to institutional practices. Ability to adapt to regulatory changes and evolving student needs. Ability to prioritize tasks and manage competing deadlines in a compliance-driven environment. Ability to work occasional evening and weekend hours if required. Ability to travel to conferences and partnership meetings.

Open Until Filled: Yes

Rate of Pay: $64,638.00 - $96,956.00 depending on experience

Special Instructions to Applicants: Unofficial transcripts are acceptable for the application process. Official transcripts are required upon hire. Applicants may be subject to a background check.