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The differences between finance aid advisors and mortgage loan counselors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a finance aid advisor and a mortgage loan counselor. Additionally, a mortgage loan counselor has an average salary of $45,635, which is higher than the $37,791 average annual salary of a finance aid advisor.
The top three skills for a finance aid advisor include financial aid, customer service and FAFSA. The most important skills for a mortgage loan counselor are customer service, FHA, and loan process.
| Finance Aid Advisor | Mortgage Loan Counselor | |
| Yearly salary | $37,791 | $45,635 |
| Hourly rate | $18.17 | $21.94 |
| Growth rate | 7% | -3% |
| Number of jobs | 127,378 | 38,488 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 54% |
| Average age | 45 | 45 |
| Years of experience | 2 | 2 |
Finance aid advisors and mortgage loan counselors have different pay scales, as shown below.
| Finance Aid Advisor | Mortgage Loan Counselor | |
| Average salary | $37,791 | $45,635 |
| Salary range | Between $28,000 And $49,000 | Between $35,000 And $57,000 |
| Highest paying City | New York, NY | - |
| Highest paying state | New York | - |
| Best paying company | Oakland University | - |
| Best paying industry | Education | - |
There are a few differences between a finance aid advisor and a mortgage loan counselor in terms of educational background:
| Finance Aid Advisor | Mortgage Loan Counselor | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between finance aid advisors' and mortgage loan counselors' demographics:
| Finance Aid Advisor | Mortgage Loan Counselor | |
| Average age | 45 | 45 |
| Gender ratio | Male, 29.6% Female, 70.4% | Male, 39.6% Female, 60.4% |
| Race ratio | Black or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.8% Asian, 6.4% White, 63.6% American Indian and Alaska Native, 0.5% | Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 16.1% Asian, 6.4% White, 63.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |