Home > Salary > Nigeria > Financial Aid Director
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.
Estimated Yearly Salary: 5,578,136 NGN
Estimated Monthly Salary: 464,845 NGN
Estimated Weekly Salary: 107,272 NGN per week
Estimated Hourly Salary: 2,682 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 448,862 NGN
Estimated Weekly Salary: 103,584 NGN per week
Estimated Hourly Salary: 2,590 NGN per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 6,645 USD
Estimated Monthly Salary: 554 USD
Estimated Weekly Salary: 128 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 5,578,136 NGN
Estimated Monthly Salary: 464,845 NGN
Estimated Weekly Salary: 107,272 NGN per week
Estimated Hourly Salary: 2,682 NGN per hour
By working as Financial Aid Director a person can save up to 348 USD per month or 4,178 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 Nigeria, see costs of living in Nigeria.
Estimated Yearly Salary for Financial Aid Director
Last revision of data: 2025-01-04
Data as of 2025
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Financial Aid Director salary in Nigeria
Average Yearly Salary of Financial Aid Director in Nigeria is approximately 5,578,136 NGN (6,645 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
Job industry: Finance
How much does Financial Aid Director make?
Salary details
How much does Financial Aid Director make?Estimated Yearly Salary: 5,578,136 NGN
Estimated Monthly Salary: 464,845 NGN
Estimated Weekly Salary: 107,272 NGN per week
Estimated Hourly Salary: 2,682 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,386,348 NGNEstimated Monthly Salary: 448,862 NGN
Estimated Weekly Salary: 103,584 NGN per week
Estimated Hourly Salary: 2,590 NGN per hour
Last revision of data: 2024-01-09Financial Aid Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,645 USD
Estimated Monthly Salary: 554 USD
Estimated Weekly Salary: 128 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Financial Aid Director job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Aid Director in Nigeria earns on average:
1.41 times the average salary (or 141% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Financial Aid Director job salary compared to average salary in Nigeria.
Comparison shows that a person working as Financial Aid Director in Nigeria earns on average:
1.41 times the average salary (or 141% of average salary).
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 6,135,950 NGN and 8,088,297 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Aid Director in Nigeria?
Living in Nigeria the approximate monthly expenses are: 206 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: 5,578,136 NGN
Estimated Monthly Salary: 464,845 NGN
Estimated Weekly Salary: 107,272 NGN per week
Estimated Hourly Salary: 2,682 NGN per hour
By working as Financial Aid Director a person can save up to 348 USD per month or 4,178 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 Nigeria, see costs of living in Nigeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Niger, Chad, Cameroon, Benin. 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
Cameroon is 2,161 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Nigeria
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Data as of 2025Random salary:
Demonstration specialist (1,853,773 NGN per year, pre-tax.)
Stonecutter (2,575,716 NGN per year, pre-tax.)
Audiology aide (2,904,264 NGN per year, pre-tax.)
District attorney (5,245,194 NGN per year, pre-tax.)
Outsourcing vendor manager (8,899,220 NGN per year, pre-tax.)
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Salary details displayed on optisalary.com are meant for informational purposes only. Our data comes from various inputs and may not always be up to date. Users should cross-reference salary information independently before making financial decisions. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot guarantee that the information provided is error-free. By accessing optisalary.com, you agree that salary information is presented 'as is' and without assurances.
Salary details displayed on optisalary.com are intended for informational use only. Our data is sourced through multiple inputs and may not always be up to date. Users should cross-reference salary information through other means before making financial commitments. The figures listed here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We do not warrant that the information displayed is error-free. By accessing optisalary.com, you accept that salary information is presented 'as is' and without assurances.