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Financial Aid Manager Jobs (NOW HIRING)

City University of New York

$102 - $114/hr

Financial Aid Manager POSITION DETAILS Founded in 1971 in Long Island City, Queens, LaGuardia Community College is one of seven community colleges of the City University of New York (CUNY). LaGuardia ...

Lincoln Tech

Financial Aid Manager

Columbia, MD · On-site

FA Manager will also be responsible for the daily management of Financial Aid Advisors and staff. Work schedule will be determined by the Campus President to determine all campus needs requiring FA ...

Hcfl

Financial Aid Counselor

Brandon, FL · On-site

$21.92 - $34.39/hr

During the absence of the Financial Aid Manager, will assist with the supervising of the Financial Aid office and staff. Job Duties: * Counsel students, prospective students, parents and staff on all ...

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Financial Aid Manager information

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$16.5K

$45.4K

$65K

How much do financial aid manager jobs pay per year?

As of Aug 29, 2026, the average yearly pay for financial aid manager in the United States is $45,353.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,000.00 and $51,500.00 per year, depending on experience, location, and employer.

What does a financial aid manager do?

A Financial Aid Manager oversees the administration of financial aid programs at educational institutions, such as colleges or universities. They are responsible for ensuring compliance with federal, state, and institutional regulations, managing the distribution of scholarships, grants, and loans, and supervising financial aid staff. Their role includes evaluating student applications, providing guidance to students and families about financial aid options, and maintaining accurate records. Financial Aid Managers play a key part in helping students access funding for their education and ensuring the institution's financial aid processes run smoothly.

What are the key skills and qualifications needed to thrive as a financial aid manager?

To thrive as a Financial Aid Manager, you need expertise in financial aid regulations, budgeting, and compliance, typically supported by a bachelor's degree in finance, education, or a related field. Familiarity with financial aid management systems like Banner, PowerFAIDS, or Ellucian, as well as knowledge of federal and state aid programs, is crucial. Strong leadership, attention to detail, and effective communication skills help you manage staff, counsel students, and navigate complex situations. These abilities ensure accurate aid distribution, legal compliance, and positive student experiences within educational institutions.

What are some common challenges financial aid managers face when balancing compliance with providing student support?

Financial Aid Managers often navigate the complex landscape of federal, state, and institutional regulations while ensuring students receive the financial support they need. One common challenge is staying up-to-date with frequently changing policies and maintaining strict documentation to avoid compliance issues or audits. At the same time, they must communicate clearly and empathetically with students and families, explaining eligibility and addressing concerns. Balancing these responsibilities requires strong organizational skills and a commitment to both regulatory accuracy and student service.

What is the difference between Financial Aid Manager vs Financial Aid Coordinator?

AspectFinancial Aid ManagerFinancial Aid Coordinator
CredentialsBachelor's degree; sometimes advanced certificationsHigh school diploma or associate's degree; relevant certifications optional
Work EnvironmentSupervisory role overseeing staff and policiesAssists students directly with aid applications and documentation
Employer & Industry UsageColleges, universities, and educational institutionsEducational institutions, financial aid offices
Primary ResponsibilitiesManaging aid programs, policy development, staff supervisionProcessing applications, providing student support, data entry

The main difference between a Financial Aid Manager and a Financial Aid Coordinator lies in their scope of responsibilities. The manager oversees the entire financial aid program, staff, and policies, while the coordinator focuses on assisting students with applications and documentation. Both roles are essential in educational institutions and often require similar credentials, but the manager holds a supervisory position with broader strategic duties.

How to become a financial aid manager?

To become a financial aid manager, candidates typically need a bachelor's degree in finance, education administration, or a related field. Relevant experience in financial aid, student services, or administration is often required, along with strong organizational and communication skills. Some positions may prefer or require a master's degree or certification such as the NASFAA Credentialing Program.
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Financial Aid Manager jobs near you
Infographic showing various Financial Aid Manager job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $45,353 per year, or $21.8 per hour.

Financial Aid Manager

Lakewood, CO • On-site

Rocky Mountain College of Art + Design
Colleges, Universities, and Professional Schools • 201 - 500 employees
Learn more about Rocky Mountain College of Art + Designexternal

$78 - $82/hr

Other

This job post has expired 4 days ago. Applications are no longer accepted.

Job description

Financial Aid Manager

Location: Lakewood, CO (Hybrid / Remote Eligible)

Salary: $78,000 - $82,000 per year

Rocky Mountain College of Art + Design (RMCAD) is seeking an experienced, detail-oriented Financial Aid Manager to oversee key operational functions within the Financial Aid Office. This position is responsible for leading the Continuing Financial Aid Advisors and the Packaging Team, ensuring compliance with federal Title IV regulations, and managing critical financial aid operations, reconciliations, system configurations, and audit preparation. The ideal candidate possesses strong leadership skills, extensive Title IV knowledge, experience managing financial aid staff, and expertise working within Anthology Student and federal financial aid systems.

Leadership & Team Management
  • Provide leadership, supervision, coaching, and performance management for the Continuing Financial Aid Advisors and Packaging Team.
  • Monitor team productivity, service levels, and compliance with institutional and federal processing timelines.
  • Assist the Senior Director of Financial Aid in overseeing the daily operations of the Financial Aid Office, ensuring compliance with federal, state, and institutional regulations.
  • Support the Senior Director of Financial Aid in managing departmental operations, strategic initiatives, and regulatory compliance.
  • Foster a collaborative, student-centered culture focused on operational excellence and regulatory compliance.
  • Collaborate with Admissions, Student Accounts, Registrar, Compliance, and Information Technology to improve processes and enhance the student experience.
Title IV Operations
  • Oversee ELM loan processing and disbursements to ensure accurate and timely funding.
  • Manage Title IV credit balance refunds in accordance with federal regulations.
  • Perform monthly and year-end Title IV reconciliations between institutional records, COD, G5, and the general ledger, as applicable.
  • Ensure compliance with all federal, state, and institutional financial aid regulations.
  • Satisfactory Academic Progress (SAP)
  • Manage the institution's Satisfactory Academic Progress (SAP) process.
  • Review SAP evaluations, appeals, probation statuses, and academic plans.
  • Ensure timely student notifications and accurate documentation.
Compliance & Audit
  • Coordinate the annual Federal Student Aid (FSA) audit population.
  • Prepare documentation requested by auditors and regulatory agencies.
  • Monitor compliance with Department of Education regulations and institutional policies.
  • Assist with internal and external audits, program reviews, and compliance initiatives.
  • Maintain and configure financial aid functionality within Anthology Student, including:
  • Financial aid document configuration and maintenance.
  • Packaging budgets and Cost of Attendance (COA) setup.
  • Financial aid workflow configuration and testing.
  • System validation for new regulatory requirements and institutional enhancements.
  • Collaboration with Information Technology and third-party vendors to implement and test system updates.
Minimum Qualifications
  • Bachelor's degree required; Master's degree preferred.
  • Minimum of 3–5 years of progressive Financial Aid experience.
  • Previous supervisory or management experience required.
  • Extensive knowledge of Title IV federal financial aid regulations.
  • Experience with Anthology Student (CampusVue/Anthology) preferred.
  • Experience with COD, NSLDS, FAFSA Processing System, and ELM Resources.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent written and verbal communication skills.
Preferred Qualifications
  • Experience leading financial aid operations and packaging teams.
  • Experience with financial aid audits and compliance reviews.
  • Experience performing Title IV reconciliations.
  • Experience configuring financial aid systems within Anthology Student.
  • Knowledge of Return of Title IV (R2T4), Pell Grant, Direct Loan, Federal Work-Study, and Satisfactory Academic Progress regulations.
  • Ability to manage multiple priorities while maintaining a high level of accuracy and regulatory compliance.

Rocky Mountain College of Art + Design is an Equal Opportunity Employer

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