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The Office of Career Services
Library Building, Room 429 & 430
222-05 56th Avenue
Bayside, NY 11364
Phone: (718) 631-6297

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Occupation Info


Financial Aid Director

Overview: Student financial aid administrators manage a college or university's student scholarships, loans and financial aid activities. They select the student recipients and decide upon the kind of aid to be given. They seek scholarship funds from corporations, alumni and government agencies.
Duties: They direct scholarships, grants and loan programs that provide financial aid to college and university students. Coordinate the financial transactions dealing with payments to students.

They analyze student applications requesting financial aid to determine the extent of aid needed and the potential for other sources, such as parents, to provide financial support.

Analyze the student's scholastic records and their career goals to determine their potential and successfully complete college and achieving their goals. They select students to receive aid.

Audit the course grades of students receiving aid to assure that the financial aids are effectively used. Determine if programs comply with college's affirmative action goals for minorities.

Degree(s): A.A.S. Accounting 
A.A.S. Management: Marketing Concentration 
A.A.S. Management: Real Estate-Insurance Concentration 
A.S. Business Administration (Accounting and Marketing) 
Job Outlook: Employment of student financial aid administrator is expected to grow as fast as average through 2018 due to increased interest in attendance of postsecondary education and the need to seek ways to pay for it with continuing increasing costs.
Salary Range (National Average): $30,000 to $38,000
Education Level: Typically, a Bachelor’s Degree from a 4-year college (some are 5 years) is required to be considered for this occupation.
Additional Training/Education: The most common training requirement for this administrative position in a major college or university is a master's, Ph.D. or Ed.D. degree in higher education administration. However, a bachelor's degree will qualify you for a staff job in admissions, student affairs, financial aid and the registrar's office. Educational administration degree programs include courses in school management, school law, finance, curriculum development, research design, community relations and counseling.
Recommended Skills:
  • Weighing out the options in a situation or a problem and logically choosing the best course of action.
  • Paying attention to what other people are saying, and taking time to understand the points being made.
  • Determining how much money is required to get a job done, allocating those monies, and then accounting for all expenditures.
  • Assigning duties to others, motivating them, and evaluating their performance.
  • Allocating and budgeting your time for different tasks so that things get done when needed.
  • The ability to understand complex written paragraphs, instructions, or reports.
  • Using logic to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Talking, giving speeches, or speaking in a group to convey information, explain ideas, or give instructions.
  • Composing and communicating your ideas in written form.
Recommended Values:
  • Being involved in helping other people in a direct way either individually or in a small group.
  • Doing something to contribute to the betterment of the world. Doing something for the greater good.
  • Being able to decide on how to get something done without significant direction from someone else.
  • Having a level of income that will afford you with luxuries, and which will allow you to become financially independent.
  • Persuading and influencing others to change their attitudes, behavior, and/or opinions.
  • Gaining the respect of others by the nature and/or level of responsibility of your work.
  • Having a routine job where the duties are very predictable and not likely to change over a long period of time.
 

* National data collected by the Department of Labor between 2008-2012.
* For New York salary data information please click here
* For New York green job information please click here.

Understanding acquiring positions in this field may be enhanced through continuing academic study (i.e. earning a baccalaureate or a master's degree) and/or work experience in the field, Queensborough Community College has established transfer agreements with other institutions for students who wish to further pursue their educational goals. Students are highly encouraged to meet with one of our Career Services to fully understand the opportunities available through study in their degree program.