Finance aid advisor demographics and statistics in the US
Finance aid advisor demographics research summary. Zippia estimates finance aid advisor demographics and statistics in the United States by using a database of 30 million profiles. Our finance aid advisor estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about finance aid advisors after extensive research and analysis:
- There are over 17,326 finance aid advisors currently employed in the United States.
- 70.4% of all finance aid advisors are women, while 29.6% are men.
- The average finance aid advisor age is 44 years old.
- The most common ethnicity of finance aid advisors is White (63.6%), followed by Hispanic or Latino (15.8%), Black or African American (9.1%) and Asian (6.4%).
- Finance aid advisors are most in-demand in Denver, CO.
- The education industry is the highest-paying for finance aid advisors.
- 8% of all finance aid advisors are LGBT.
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Finance aid advisor demographics by:
Finance aid advisor gender statistics
70.4% of finance aid advisors are women and 29.6% of finance aid advisors are men.
- Female, 70.4%
- Male, 29.6%
Finance aid advisor gender ratio
| Gender | Percentages |
|---|---|
| Female | 70.4% |
| Male | 29.6% |
Finance aid advisor gender pay gap
Women earn 91¢ for every $1 earned by men
Male income
$39,745
Female income
$36,362
Finance aid advisor gender ratio over time
This data breaks down the percentage of men and women in finance aid advisor positions over time. Currently, 70.4% of finance aid advisors are female.
Finance aid advisor gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 30.29% | 69.71% |
| 2011 | 28.35% | 71.65% |
| 2012 | 28.68% | 71.32% |
| 2013 | 29.54% | 70.46% |
| 2014 | 29.74% | 70.26% |
| 2015 | 27.61% | 72.39% |
| 2016 | 31.44% | 68.56% |
| 2017 | 29.69% | 70.31% |
| 2018 | 30.40% | 69.60% |
| 2019 | 28.63% | 71.37% |
| 2020 | 30.70% | 69.30% |
| 2021 | 29.57% | 70.43% |
Finance aid advisor related jobs gender ratio
We compared finance aid advisors with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Finance Aid Advisor | 30% | 70% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Finance aid advisor demographics by race
The most common ethnicity among finance aid advisors is White, which makes up 63.6% of all finance aid advisors. Comparatively, 15.8% of finance aid advisors are Hispanic or Latino and 9.1% of finance aid advisors are Black or African American.
- White, 63.6%
- Hispanic or Latino, 15.8%
- Black or African American, 9.1%
- Asian, 6.4%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.5%
Finance aid advisor race
| Finance aid advisor race | Percentages |
|---|---|
| White | 63.6% |
| Hispanic or Latino | 15.8% |
| Black or African American | 9.1% |
| Asian | 6.4% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.5% |
Finance aid advisor race and ethnicity over time
See how finance aid advisor racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Finance aid advisor race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.69% | 9.69% | 5.31% | 13.57% |
| 2011 | 69.11% | 9.99% | 5.40% | 13.67% |
| 2012 | 68.62% | 9.56% | 6.56% | 13.08% |
| 2013 | 68.44% | 9.34% | 6.61% | 13.22% |
| 2014 | 67.68% | 9.17% | 6.21% | 14.54% |
| 2015 | 69.35% | 8.52% | 6.24% | 13.44% |
| 2016 | 69.38% | 9.59% | 6.11% | 13.26% |
| 2017 | 69.90% | 8.81% | 5.83% | 13.28% |
| 2018 | 68.91% | 8.21% | 6.30% | 14.52% |
| 2019 | 67.93% | 8.32% | 6.70% | 14.77% |
| 2020 | 66.64% | 8.87% | 5.96% | 14.49% |
| 2021 | 63.59% | 9.13% | 6.35% | 15.82% |
Finance aid advisor wage gap by race
According to our data, asian finance aid advisors have the highest average salary compared to other ethnicities. Black or african american finance aid advisors have the lowest average salary at $37,838.
| Ethnicity | Salary |
|---|---|
| Unknown | $40,241 |
| White | $40,424 |
| Black or African American | $37,838 |
| Asian | $41,455 |
| Hispanic or Latino | $38,871 |
Average finance aid advisor age
See how the average age of finance aid advisors varies based on ethnicity and gender.
Male
Female
Finance aid advisor age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 43 | 41 |
| White | 44 | 46 |
| Black or African American | 42.5 | 42 |
| Asian | 42 | 45 |
| Hispanic or Latino | 40.5 | 41 |
Finance aid advisor age breakdown
The average age of finance aid advisors is 40+ years years old, representing 64% of the finance aid advisor population.
Finance aid advisor age breakdown
| Finance Aid Advisor Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Finance aid advisor educational attainment
The most common degree for finance aid advisors is bachelor's degree, with 56% of finance aid advisors earning that degree. The second and third most common degree levels are associate degree degree at 22% and associate degree degree at 9%.
- Bachelor's, 56%
- Associate, 22%
- Master's, 9%
- High School Diploma, 8%
- Other Degrees, 5%
Finance aid advisors by degree level
| Finance aid advisor degree | Percentages |
|---|---|
| Bachelor's | 56% |
| Associate | 22% |
| Master's | 9% |
| High School Diploma | 8% |
| Other Degrees | 5% |
Finance aid advisor jobs you might like
Finance aid advisor wage gap by degree level
According to the data, finance aid advisors with a Master's degree earn more than those without, at $43,384 annually. With a Bachelor's degree, finance aid advisors earn a median annual income of $40,869 compared to $37,584 for finance aid advisors with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $43,384 |
| High School Diploma or Less | $37,373 |
| Bachelor's Degree | $40,869 |
| Some College/ Associate Degree | $37,584 |
Finance aid advisor employment statistics
Most finance aid advisors work for a education in the education industry.
Company size where finance aid advisors work
Below, you can see the size of companies where finance aid advisors work.
Finance aid advisor jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 14% |
| 100 - 500 employees | 24% |
| 500 - 1,000 employees | 17% |
| 1,000 - 10,000 employees | 34% |
| > 10,000 employees | 7% |
Finance aid advisor jobs by company type
Employees with the finance aid advisor job title have their preferences when it comes to working for a company. For instance, most finance aid advisors prefer to work at education companies over private companies.
Finance aid advisor jobs by sector
| Company type | Percentages |
|---|---|
| Education | 87% |
| Public | 3% |
| Private | 9% |
| Government | 1% |
Finance aid advisor jobs by industry
The most common industries for finance aid advisors are education, professional and manufacturing.
Finance aid advisor industry statistics
| Industry | Percentages |
|---|---|
| Education | 84% |
| Professional | 3% |
| Health Care | 2% |
| Manufacturing | 2% |
| Technology | 2% |
| Transportation | 1% |
| Finance | 1% |
| Government | 1% |
| Non Profits | 1% |
| Fortune 500 | 1% |
Finance aid advisor turnover and employment statistics
Finance aid advisor unemployment rate over time
The unemployment rate for finance aid advisors between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Finance aid advisor unemployment rate by year
| Year | Finance aid advisor unemployment rate |
|---|---|
| 2010 | 7.62% |
| 2011 | 6.08% |
| 2012 | 4.66% |
| 2013 | 3.31% |
| 2014 | 4.27% |
| 2015 | 2.27% |
| 2016 | 2.06% |
| 2017 | 1.56% |
| 2018 | 1.99% |
| 2019 | 1.92% |
| 2020 | 1.62% |
| 2021 | 2.33% |
Average finance aid advisor tenure
The average finance aid advisor stays at their job for 1-2 years, based on the 4,613 finance aid advisors resumes in Zippia's database.
Finance aid advisor tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 24% |
| 1-2 years | 41% |
| 3-4 years | 14% |
| 5-7 years | 12% |
| 8-10 years | 4% |
| 11+ years | 6% |
Finance aid advisor LGBT ratio compared to similar jobs
Review the percent of finance aid advisors that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Revenue Analyst | 7.33% | 65,034 |
| Accounting Manager/Controller | 7.40% | 58,292 |
| Income Tax Consultant | 7.56% | 39,838 |
| Tax Collector | 7.65% | 29,495 |
| Finance Aid Advisor | 7.87% | - |
| Budget/Finance Analyst | 12.94% | 94,906 |
| Examination Proctor | 19.38% | 149 |
Similar finance aid advisor jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Revenue Analyst | 7.33% | 65,034 |
| Accounting Manager/Controller | 7.40% | 58,292 |
| Income Tax Consultant | 7.56% | 39,838 |
| Tax Collector | 7.65% | 29,495 |
| Budget/Finance Analyst | 12.94% | 94,906 |
| Examination Proctor | 19.38% | 149 |
Foreign languages spoken by finance aid advisors
The most common foreign language among finance aid advisors is Spanish at 68.3%. The second-most popular foreign language spoken is French at 8.9% and Portuguese is the third-most popular at 2.8%.
- Spanish, 68.3%
- French, 8.9%
- Portuguese, 2.8%
- Chinese, 2.8%
- Tagalog, 2.2%
- Other, 15.0%
Finance aid advisor languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 68.3% |
| French | 8.9% |
| Portuguese | 2.8% |
| Chinese | 2.8% |
| Tagalog | 2.2% |
| Other | 15.0% |
