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Working as a Finance Aid Advisor

There is more than meets the eye when it comes to being a finance aid advisor. For example, did you know that they make an average of $17.24 an hour? That's $35,860 a year!

What Does a Finance Aid Advisor Do

There are certain skills that many finance aid advisors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, interpersonal skills and organizational skills.

When it comes to the most important skills required to be a finance aid advisor, we found that a lot of resumes listed 37.2% of finance aid advisors included financial aid, while 12.7% of resumes included customer service, and 4.9% of resumes included student records. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the finance aid advisor job title. But what industry to start with? Most finance aid advisors actually find jobs in the education and non profits industries.

How To Become a Finance Aid Advisor

If you're interested in becoming a finance aid advisor, one of the first things to consider is how much education you need. We've determined that 47.1% of finance aid advisors have a bachelor's degree. In terms of higher education levels, we found that 16.7% of finance aid advisors have master's degrees. Even though most finance aid advisors have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a finance aid advisor. When we researched the most common majors for a finance aid advisor, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on finance aid advisor resumes include master's degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a finance aid advisor. In fact, many finance aid advisor jobs require experience in a role such as customer service representative. Meanwhile, many finance aid advisors also have previous career experience in roles such as administrative assistant or cashier.

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Average Salary$35,860
Job Growth Rate7%

Finance Aid Advisor Career Paths

Top Careers Before Finance Aid Advisor

Cashier
8.7 %

Top Careers After Finance Aid Advisor

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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Finance Aid Advisor

Finance Aid Advisors in America make an average salary of $35,860 per year or $17 per hour. The top 10 percent makes over $46,000 per year, while the bottom 10 percent under $27,000 per year.
Average Salary
$35,860

Best Paying Cities

City
Average Salary
New York, NY
Salary Range38k - 73k$53k$53,221
Bloomfield, NJ
Salary Range33k - 63k$46k$45,898
Allentown, PA
Salary Range30k - 56k$41k$41,428
Hamilton, OH
Salary Range28k - 47k$37k$36,771
Turlock, CA
Salary Range26k - 49k$36k$36,047
Portland, OR
Salary Range27k - 46k$36k$35,667
$20k
$73k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Financial Aid Advisor
Financial Aid Advisor
Lincoln Tech
Lincoln Tech
01/29/2021
01/29/2021
$35,47901/29/2021
$35,479
Advisor I, Financial Aid
Advisor I, Financial Aid
Aims Community College
Aims Community College
01/27/2021
01/27/2021
$42,74101/27/2021
$42,741
Financial Aid Advisor I
Financial Aid Advisor I
Texas A&M University
Texas A&M University
01/26/2021
01/26/2021
$36,12601/26/2021
$36,126
Financial Aid Advisor
Financial Aid Advisor
Sc Department of Public Safety
Sc Department of Public Safety
01/12/2021
01/12/2021
$33,49401/12/2021
$33,494
Financial Aid Advisor
Financial Aid Advisor
South Florida State College
South Florida State College
12/16/2020
12/16/2020
$28,00012/16/2020
$28,000
See More Recent Salaries

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Finance Aid Advisor Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Finance Aid Advisor. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Finance Aid Advisor Resume

At Zippia, we went through countless Finance Aid Advisor resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Finance Aid Advisor Demographics

Gender

female

66.4 %

male

28.1 %

unknown

5.5 %

Ethnicity

White

69.0 %

Hispanic or Latino

15.0 %

Black or African American

8.4 %

Foreign Languages Spoken

Spanish

68.3 %

French

8.9 %

Portuguese

2.8 %
See More Demographics

Finance Aid Advisor Education

Majors

Business
31.4 %

Degrees

Bachelors

47.1 %

Associate

18.0 %

Masters

16.7 %

Top Colleges for Finance Aid Advisors

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Public

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Public

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Finance Aid Advisor

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 37.2% of finance aid advisors listed financial aid on their resume, but soft skills such as computer skills and interpersonal skills are important as well.

Best States For a Finance Aid Advisor

Some places are better than others when it comes to starting a career as a finance aid advisor. The best states for people in this position are New York, Delaware, Connecticut, and Rhode Island. Finance aid advisors make the most in New York with an average salary of $52,447. Whereas in Delaware and Connecticut, they would average $51,847 and $51,803, respectively. While finance aid advisors would only make an average of $50,765 in Rhode Island, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Rhode Island

Total Finance Aid Advisor Jobs:
18
Highest 10% Earn:
$86,000
Location Quotient:
3.29
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New York

Total Finance Aid Advisor Jobs:
109
Highest 10% Earn:
$94,000
Location Quotient:
1.34
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Connecticut

Total Finance Aid Advisor Jobs:
26
Highest 10% Earn:
$90,000
Location Quotient:
1.33
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Finance Aid Advisor Employers

1. Career Education
4.5
Avg. Salary: 
$33,885
Finance Aid Advisors Hired: 
168+
2. Universal Technical Institute
4.8
Avg. Salary: 
$46,231
Finance Aid Advisors Hired: 
92+
3. Blackboard
4.1
Avg. Salary: 
$31,141
Finance Aid Advisors Hired: 
81+
4. Colorado Technical University
4.0
Avg. Salary: 
$29,110
Finance Aid Advisors Hired: 
47+
5. Lincoln College of New England
3.8
Avg. Salary: 
$29,315
Finance Aid Advisors Hired: 
39+
6. Bryant & Stratton College
4.4
Avg. Salary: 
$30,906
Finance Aid Advisors Hired: 
35+

Finance Aid Advisor Videos

Updated October 2, 2020