Financial Aid Director salary in Colombia

Average Yearly Salary of Financial Aid Director in Colombia is approximately 38,172,130 COP (8,478 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Financial Aid Director do?

A Financial Aid Director is responsible for overseeing and managing financial aid programs at educational institutions. Their primary role is to ensure that students have access to the necessary financial resources to pursue their education. They develop and implement financial aid policies, procedures, and strategies to meet the institution's goals and objectives. The Financial Aid Director also collaborates with other departments to determine eligibility criteria, review applications, and award financial aid packages. They provide guidance and counseling to students and families regarding financial aid options, loan repayment plans, and scholarship opportunities. Additionally, they stay updated on federal, state, and institutional regulations and compliance requirements.

Skills: Financial Aid, Education, Financial Resources, Student Support, Financial Planning, Higher Education
Job industry: Finance

How much does Financial Aid Director make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Financial Aid Director a well paid job?

Yes, our data shows that Financial Aid Director is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Financial Aid Director?

High salary for Financial Aid Director would be somewhere between 41,989,343 COP and 55,349,589 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Aid Director in Colombia?

Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 38,172,130 COP
Estimated Monthly Salary: 3,181,011 COP
Estimated Weekly Salary: 734,079 COP per week
Estimated Hourly Salary: 18,352 COP per hour
By working as Financial Aid Director a person can save up to 446 USD per month or 5,353 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Financial Aid Director

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Colombia

Data as of 2025

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