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Financial Assistance information

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How much do financial assistance jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for financial assistance in the United States is $23.35, according to ZipRecruiter salary data. Most workers in this role earn between $18.27 and $26.20 per hour, depending on experience, location, and employer.

What is financial assistance?

Financial assistance refers to any type of support provided to individuals, families, or organizations to help cover expenses or meet financial obligations. This assistance can come in various forms, such as grants, loans, scholarships, or subsidies, and is often provided by governments, nonprofit organizations, or educational institutions. The goal of financial assistance is to help recipients manage costs they might not otherwise be able to afford, such as tuition, medical bills, housing, or daily living expenses.

What are the typical challenges faced by professionals in financial assistance roles, and how can they be addressed?

Professionals working in Financial Assistance often encounter challenges such as managing a high caseload, navigating complex eligibility requirements, and handling sensitive client information with care. To address these challenges, it's important to stay organized, continually update your knowledge of policies and regulations, and develop strong communication skills to explain financial options clearly to clients. Additionally, collaborating with colleagues and leveraging available technology can help streamline processes and ensure clients receive timely and accurate support.

What are the key skills and qualifications needed to thrive in a financial assistance role, and why are they important?

To thrive in a Financial Assistance role, you need strong analytical skills, attention to detail, and a background in finance or accounting, often supported by a relevant degree or certification. Familiarity with financial management software, spreadsheets, and client information systems is typically required. Excellent communication, empathy, and problem-solving abilities help professionals effectively guide clients through complex financial processes. These skills ensure accurate financial support, compliance with regulations, and positive client experiences.

What is the difference between Financial Assistance vs Financial Advisor?

AspectFinancial AssistanceFinancial Advisor
CredentialsVaries; often no formal certification requiredCertifications like CFP, CFA often required
Work EnvironmentNon-profit, government agencies, community programsPrivate firms, banks, independent practices
Industry UsageAssisting clients with financial aid, grants, or subsidiesProviding personalized financial planning and investment advice

Financial Assistance focuses on helping individuals access funds through grants, subsidies, or aid programs, often without requiring formal certifications. In contrast, a Financial Advisor offers personalized financial planning and investment advice, typically holding professional certifications. While both roles involve finance, their work environments and client interactions differ significantly.

What does a financial assistance do?

A financial assistance role involves providing support to individuals or organizations by helping them access funds, grants, or resources to meet their financial needs. This may include assessing eligibility, processing applications, and coordinating with clients to ensure they receive appropriate aid. Strong communication skills and knowledge of financial programs are essential for this job.
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What are the most commonly searched types of Financial Assistance jobs?

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What states have the most Financial Assistance jobs?

States with the most job openings for Financial Assistance jobs include:

Infographic showing various Financial Assistance job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, and 4% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $48,576 per year, or $23.4 per hour.

Asst. Director, Financial Assistance

University of Miami

Coral Gables, FL • On-site

Full-time

Re-posted 20 days ago


University Of Miami rating

7.7

Company rating: 7.7 out of 10

Based on 52 frontline employees who took The Breakroom Quiz

260th of 618 rated colleges and universities


Job description

Current Employees:

If you are a current Staff, Faculty or Temporary employee at the University of Miami, please click here to log in to Workday to use the internal application process. To learn how to apply for a faculty or staff position, please review this tip sheet.

Assistant Director of Graduate and Professional Financial Aid


The Assistant Director of Graduate and Professional Financial Aid serves as the primary contact for several graduate programs across various colleges and schools. Additionally, this role acts as the financial aid expert within the Canes Central One Stop Shop Office and sees students in person when necessary. As an integral part of the leadership team, the Assistant Director is responsible for identifying, communicating, and resolving processing issues within the daily operations of the Office of Student Financial Assistance and Employment.


Responsibilities:
Management and Coordination:
o Oversee, coordinate, and ensure compliance in awarding financial aid for all graduate programs and law school programs.
o Maintain high levels of performance, achieve goals, and ensure quality results.
o Collaborate directly with the Associate Director, and act as their deputy in ensuring compliance with the Federal, State, and Institutional Policies.
Financial Aid Processing:
o Review and analysis awarding report.
o Process student financial aid applications, including federal grants, loans, and work-study programs.
o Assess student eligibility for various financial aid programs, ensuring adherence to federal, state, and institutional criteria.
o Conduct thorough verification of student eligibility by reviewing required documentation to confirm the accuracy and completeness of financial information.
o Identify and resolve discrepancies in financial information and documentation.
o Utilize all federal databases for secondary verification, when required.
Awarding and Compliance:
o Determine and package financial aid awards based on student eligibility, financial need, and available funding.
o Process all submitted student requests for additional or adjustment to loan package, as assigned.
o Ensure federal aid is awarded accurately and in conjunction with departmental awards.
o Certify the accuracy of any external scholarships for awarding purposes.
Liaison, Representation, and Communication:
o Meet with students in person at Canes Central when necessary to address financial aid concerns and questions.
o Advise potential and current students on aid eligibility and processes through in-person conversations, email, and telephone.
o Disseminate information regarding aid eligibility.
o Respond promptly to inquiries from students, parents, and stakeholders regarding financial aid eligibility, disbursement, and reconciliation, when applicable.
o Address and resolve issues related to financial aid processes, ensuring a positive and supportive experience for all students and families.
o Serve as a liaison with assigned Colleges and Schools and any other related University offices or departments to ensure cohesive and compliant financial aid operations.
Professional Development:
o Complete NASFAA Credentials to ensure knowledge of the most current federal policies and best practices.
o Participate in professional training and continuing education programs to foster personal and professional growth and development.
Other Duties:
o Perform other duties as assigned to support the mission and goals of the Office of Student Financial Assistance and Employment.
Knowledge, Skills, and Abilities:
Independent Work and Critical Thinking:
o Demonstrated ability to work independently, set priorities, and apply critical thinking skills to solve complex problems effectively.
o Proven track record of making informed decisions and taking initiative in a dynamic work environment.
Team Leadership:
o Exceptional team leadership skills with the ability to motivate, guide, and support team members to achieve high performance and meet organizational goals.
o Experience in leading teams through change and fostering a collaborative work environment.
Attention to Detail:
o Strong attention to detail, ensuring accuracy in all aspects of financial aid processing and compliance.
o Meticulous in reviewing documents and reports to identify and rectify errors promptly.
Organization and Multi-tasking:
o Highly organized with the ability to manage multiple tasks and projects simultaneously, ensuring timely completion and adherence to deadlines.
o Skilled in prioritizing tasks to balance short-term needs with long-term goals.
Communication Skills:
o Exceptional interpersonal skills to interact effectively with students, parents, colleagues, and other stakeholders.
o Excellent presentation skills to convey complex information clearly and engagingly to diverse audiences.
o Strong oral and written communication skills, including the ability to draft clear, concise reports and correspondence.


Minimum Qualifications:


Educational Background:
o Bachelor's degree in finance, business administration, higher education, or a related field is required.
o Master's degree in a related field is preferred.


Experience:
o Minimum of 3 years of experience in financial aid administration or a related area, with a focus on graduate and professional programs. Any relevant education, certifications and/or work experience may be considered.
o In-depth knowledge of federal financial aid regulations and guidelines.
o Experience in managing and supervising staff, with a proven ability to lead and develop a team.
Technical Proficiency:
o Proficiency in financial aid management systems (e.g., PowerFAIDs, Peoplesoft) and office software (e.g., Microsoft Office Suite).
o Experience with federal student aid programs and systems (e.g., COD, NSLDS) is preferred.
Professional Development:
o Commitment to ongoing professional development and staying current with changes in financial aid regulations and best practices.
o Certification in financial aid administration (e.g., NASFAA credentials) is an asset.

The University of Miami is recognized as one of the nation's premier research institutions and academic health systems and is among the largest employers in South Florida.

With more than 20,000 faculty and staff, the University is committed to excellence and guided by a mission to positively impact the lives of students, patients, and communities locally and globally.

We are dedicated to fostering a culture where every individual feels valued and empowered to contribute meaningfully. United by shared values, the University community works together to build an environment defined by purpose, collaboration, and service.

The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

Job Status:

Full time

Employee Type:

Staff

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About University of Miami

Sourced by ZipRecruiter

The University of Miami, located in the beautiful Coral Gables, Florida, is a comprehensive, private research institution in the United States. Operating within the higher education industry, the institution offers a multitude of degree programs spanning over 180 majors and program through its 12 colleges. The University was founded in 1925 with the mission to disseminate knowledge, transform lives, and change the world - a mission it has held faithfully to this day. Notably, the University of Miami has gained global recognition for its commitment to research and innovation, with over $324 million in research and sponsored project funding awarded annually.

Industry

Colleges, universities, and professional schools

Company size

10,000+ Employees

Headquarters location

Coral Gables, FL, US

Year founded

1925