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Financial Aid Jobs in Minnesota (NOW HIRING)

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Financial Aid information

See Minnesota salary details

$26.9K

$88.1K

$182.7K

How much do financial aid jobs pay per year?

As of Aug 11, 2026, the average yearly pay for financial aid in Minnesota is $88,061.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,700.00 and $107,700.00 per year, depending on experience, location, and employer.

What is the difference between Financial Aid vs Financial Advisor?

AspectFinancial AidFinancial Advisor
Required CredentialsFSA, FAFSA, sometimes a bachelor's degreeSeries 7, Series 66, CFP certification, bachelor's degree
Work EnvironmentEducational institutions, government agenciesFinancial firms, private practices, banks
Employer & Industry UsageColleges, universities, government programsFinancial services, wealth management

Financial Aid professionals primarily assist students and families in securing funding for education, focusing on grants, scholarships, and loans. Financial Advisors provide personalized financial planning and investment advice to clients. While both roles involve financial knowledge, they serve different purposes and industries, with distinct credentials and work environments.

What is financial aid?

Financial aid refers to funding that is intended to help students pay for education-related expenses, including tuition, fees, room and board, books, and supplies. It can come in the form of grants, scholarships, work-study programs, and loans, typically provided by federal and state governments, colleges, and private organizations. Eligibility for financial aid is usually determined based on financial need, academic merit, or a combination of both. The main goal of financial aid is to make higher education more accessible and affordable for all students.

What is a financial aid job?

There are several different types of jobs categorized under financial aid jobs. One variety is any job that a student performs as part of their financial aid package. These are also known as work-study jobs, and they can range from working in the cafeteria or bookstore to working the circulation desk at the college library. Since the positions can vary significantly, the job duties in this field are not definite. Financial aid jobs can also refer to the people who assist students in financing their college tuition by securing financial aid, such as federal loans, scholarships, and work-study jobs. Qualifications for working in a financial aid office vary depending on position.

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

To thrive as a Financial Aid Officer, you need a solid understanding of financial aid regulations, policies, and student counseling, often supported by a bachelor’s degree in a related field. Familiarity with financial aid management systems (such as Banner or PowerFAIDS), federal and state aid programs, and compliance requirements is essential. Strong interpersonal skills, attention to detail, and problem-solving abilities help you effectively guide students and manage complex financial information. These skills ensure accurate processing, regulatory compliance, and positive student experiences in navigating financial aid.

What are some common challenges financial aid professionals face when assisting students?

Financial Aid professionals often navigate complex regulations, tight deadlines, and a high volume of inquiries from students and families. They must stay updated on changing federal, state, and institutional policies while providing clear guidance to students from diverse backgrounds. Managing sensitive financial information with accuracy and empathy is crucial, and balancing administrative duties with personalized student support requires strong organizational and communication skills.
What are the most commonly searched types of Financial Aid jobs in Minnesota? The most popular types of Financial Aid jobs in Minnesota are:
What are popular job titles related to Financial Aid jobs in Minnesota? For Financial Aid jobs in Minnesota, the most frequently searched job titles are:
What cities in Minnesota are hiring for Financial Aid jobs? Cities in Minnesota with the most Financial Aid job openings:
Infographic showing various Financial Aid job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $88,061 per year, or $42.3 per hour.

Financial Aid Counselor I

Saint Mary's University

Winona, MN • On-site

$19 - $22/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 11 days ago


Job description

Overview and Responsibilities

Saint Mary's University of Minnesota is seeking candidates who are eager to contribute to its Lasallian Catholic mission of awakening, nurturing, and empowering learners to ethical lives of service and leadership. We invite individuals to help transform lives through education, inspired by the Catholic Intellectual Tradition's quest to understand the human experience through faith and reason and its embrace of all who are dedicated to learning from one another through authentic conversations in search of the truth. We are especially interested in and give preference to candidates who demonstrate a vision to create and nurture initiatives that will advance our mission within the scope of their duties and who will foster a culture of dialogue that, with respect for all people, supports the search for meaning and purpose in pursuit of excellence.

Job Summary

Under general supervision, the Financial Aid Counselor I position participates on a team to execute financial aid processes, including the areas of awarding, verification, loan certification, and aid reconciliation, etc. While the candidate is supported by a customer-facing team, when necessary, the position will receive escalated questions/concerns from students and provide high levels of customer service to students, prospective students, and other key constituents. The Counselor serves as a liaison with other university offices when requested. The position reviews financial aid applications to determine financial aid award packages and troubleshoots complications as they arise with support. This position also counsels and advises students regarding financing a Saint Mary's education, including eligibility requirements, application procedures, available programs, and student loan debt management.

Salary Range: $19.00 - $22.00 / hour

Main Duties & Responsibilities

  • Review and analyze financial aid application data to determine accurate and compliant financial aid award packages. Modify financial aid packages based on changes in enrollment level, budget adjustments, additional aid, etc., and communicate changes in eligibility to students.
  • Manage specific required processes within the office, such as the origination and disbursement of Federal Direct, MN SELF, and private student loans. Coordinate disbursement processes and expedite electronic return of funds, reallocations or corrections. Ensure that the administration of the loan programs complies with federal and state regulations.
  • Transmit Direct Loan data files using EDConnect and Common Origination and Disbursement (COD) systems; ensure timely and accurate data transmissions, so that federal compliance standards are met.
  • Utilize knowledge of federal, state, and institutional aid programs and processes to counsel students (in person, in writing, and over the phone) about the financial aid process, award packages, billing statements, and financial planning for their educational expenses.
  • Work in conjunction with Business Office, Registrar, Student Central, Academic Advising, and other student services areas to resolve students' issues.
  • Maintain up-to-date knowledge of applicable federal, state, and institutional regulations and standards to ensure compliance.
  • Actively participate in continual growth of the financial aid department: effectively managing assigned duties using a variety of technological resources; promoting a student-oriented financial aid office, etc.
  • Perform other duties as assigned, which support the purpose and initiatives of the Financial Aid Office and the University.
Qualifications

Experience and Education Requirements

  • Bachelor's degree
  • 3 years of work experience in higher education student services, preferably in financial aid.
  • Preferred minimum of one year of financial aid experience.
  • May consider other acceptable equivalent combinations of training and experience.

Essential Knowledge & Skills

  • Meticulous attention to detail and strong compliance mindset.
  • Ability to work independently as well as collaboratively with others; take initiative to solve problems; collect, analyze, interpret, and report data promptly; and produce accurate and detailed work.
  • Preferred knowledge of, or at a minimum capacity to rapidly acquire knowledge of, regulations and legislationgoverning federal and state financial aid programs.
  • Preferred knowledge of, or at minimum capacity to rapidly acquire knowledge of, financial aid/billing policies and processes, and financial aid application processes.
  • Strong communication and listening skills.
  • Organizational and planning skills.
  • Writing and editing skills.
  • Ability to organize, prioritize, and complete multiple work assignments in a complex work environment.
  • Ability to adapt to work change.
  • Knowledge of Microsoft Office Suite and Google Suite products.
  • Experience of and/or capacity to quickly utilize student management systems, such as Jenzabar, JFA, EdConnect, NSLDS, and COD.
  • Ability to relate to diverse populations.

Physical Demands

  • Sedentary work. Sedentary work involves lifting no more than 10 pounds at a time and occasionally lifting or carrying articles like docket files, ledgers, and small tools. Although a sedentary job is defined as one which involves sitting, a certain amount of walking and standing is often necessary in carrying out job duties. Jobs are sedentary if walking and standing are required occasionally and other sedentary criteria are met.

Physical Hazards - Health and Safety Concerns

  • General office environments
Application Requirements

Apply online at https://www.smumn.edu/about/offices-services/human-resources/employment-opportunities/ and include a cover letter, resume, and contact information for three professional references.

Saint Mary's University of Minnesota believes inclusion and human dignity contributes to a robust academic and work environment and is critical to achieving the University's mission in an increasingly diverse society. Individuals with expertise and diverse skills from underrepresented groups are especially encouraged to apply. Saint Mary's University of Minnesota is an equal opportunity/affirmative action employer. The successful candidate must support, respect, and advance the mission of Saint Mary's University as a Lasallian Catholic institution.

Saint Mary's offers a comprehensive benefit package including health, dental, vision, life and disability insurance, flexible spending, retirement pension plan, and both undergraduate and graduate tuition remission plans.

All offers of employment are contingent upon the successful completion of a criminal background check.

Employment Type: FULL_TIME