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Finance aid advisor skills for your resume and career

Updated January 8, 2025

3 min read

Quoted expert

Fang Lin

Below we've compiled a list of the most critical finance aid advisor skills. We ranked the top skills for finance aid advisors based on the percentage of resumes they appeared on. For example, 16.4% of finance aid advisor resumes contained financial aid as a skill. Continue reading to find out what skills a finance aid advisor needs to be successful in the workplace.

15 finance aid advisor skills for your resume and career

1. Financial Aid

Financial aid refers to cash released to an educational institution to help a student pay the school fee. The issuance of financial aid, whether scholarships, grants, or loans, aims to make access to education affordable to all students irrespective of their backgrounds.

Here's how finance aid advisors use financial aid:

Counseled and advised students regarding available student financial aid opportunities, reviewed eligibility requirements and assisted with the federal application process.
Offer quality customer service by providing in-person information and answering student questions relating to financial aid and method of payments.

2. Customer Service

Customer service is the process of offering assistance to all the current and potential customers -- answering questions, fixing problems, and providing excellent service. The main goal of customer service is to build a strong relationship with the customers so that they keep coming back for more business.

Here's how finance aid advisors use customer service:

Created monthly customer service leadership/communication publication.
Developed working relationships with College and University financial aid officers to assist with customer service student loan related issues.

3. FAFSA

Here's how finance aid advisors use fafsa:

Assisted students in proper completion/modification of FAFSA application and other required documentation, including loan applications and institutional forms.
Provided professional assistance in completing FAFSA applications to direct clients and higher educational affiliates.

4. Financial Aid Programs

Here's how finance aid advisors use financial aid programs:

Advised students and parents regarding the availability of financial aid programs, eligibility requirements, and information on the application process.
Supervised and processed the documentation of student eligibility and record maintenance for all financial aid programs on a day-to-day basis.

5. Student Loans

Student loans refer to money borrowed from the government or a private lender to pay for college. Students must settle the loan later, along with the interest that builds up over time. The primary uses of the money include payment for tuition, accommodation, and books.

Here's how finance aid advisors use student loans:

Counseled students on financial strategy and responsibility concerning financial aid and student loans; increasing graduation rates.
Provide live presentations to current college students regarding student loans and teach financial literacy awareness.

6. Title IV

Here's how finance aid advisors use title iv:

Audited files, ensured students met eligibility requirements for Title IV programs including completing verification and resolving c-codes.
Awarded and originated Title IV loans for both traditional and non-traditional educational periods.

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7. Student Aid

Here's how finance aid advisors use student aid:

Resolve any inconsistent data on student aid applications and verification documents in compliance with Federal Student Aid Verification Requirements.
Verified and collected student aid reports from active students using the online student finance application system verification edits.

8. Financial Aid Eligibility

Here's how finance aid advisors use financial aid eligibility:

Interpret federal financial aid rules and regulations to determine whether a student has unusual circumstances that would affect financial aid eligibility.
Determine financial aid eligibility by calculating needs analysis utilizing Federal methodology, and implementing Federal and State regulations and institutional policies.

9. Financial Aid Applications

Here's how finance aid advisors use financial aid applications:

Verified financial aid applications by applying federal, state and institutional level formulas and guidelines to determine eligibility.
Reviewed financial aid applications and performed needs analysis to determine appropriate packaging of aid based on standardized procedures.

10. Professional Judgment

Here's how finance aid advisors use professional judgment:

Utilized professional judgment to adjust a student's eligibility based on documented mitigating circumstances in accordance with federal statutes.
Perform dependency overrides for extenuating circumstances, and professional judgments to consider current unemployment hardships when merited.

11. Federal Regulations

Federal regulations refer to the set of rules, both general and permanent that are published in the Federal Register by the agencies of the federal government and the executive departments. Federal regulations are the large body of rules that govern federal practice. Examples of these laws include taxes and financial regulation, discrimination law, wages law, and so on.

Here's how finance aid advisors use federal regulations:

Collected and processed documentation required for verification of a student's financial aid application in accordance with federal regulations.
Maintained compliance with Department of Education Federal regulations by auditing financial aid files and reviewing enrollment contracts weekly.

12. Financial Aid Awards

Here's how finance aid advisors use financial aid awards:

Developed excel spreadsheets for use in determining eligibility for various financial aid awards including students enrolled in the Education Abroad Program.
Review documents for accuracy, package financial aid awards and complete verification when required on individual financial aid applicants.

13. NSLDS

Here's how finance aid advisors use nslds:

Used the PeopleSoft software for maintaining student files internally, along with Image Now, NSLDS, CPS, and IFAP.
Worked with COD, IFAP, NSLDS to process regulation updates as they pertain to loans through the Department of Education.

14. Financial Assistance

Financial assistance refers to governmental assistance one may receive for a variety of reasons. This help is typically in the form of money, whether a loan, scholarship, grant, or reduced taxes provided to an individual or organization. One of the more common forms of financial assistance is student loans, which offer many prospective students a chance for higher education.

Here's how finance aid advisors use financial assistance:

Monitor the student financial assistance academic progress policy (Federal Standards of Academic Progress) to determine student eligibility.
Conferred with individuals and groups to disseminate information and answer questions relating to financial assistance available to students.

15. State Regulations

State regulations are the rules made by the state authorities under a specific Act. When a government intervenes in the private market to implements policies, they are known as state regulations. These policies help in achieving the economic, political, and social targets which might not be able to achieve otherwise.

Here's how finance aid advisors use state regulations:

Develop, negotiate and finalize student financial aid plans consistent with financial planning processes and procedures and applicable Federal/State regulations.
Award and finalize student financial plans consistent with financial planning policies and procedures and with Federal/State regulations.

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What skills help Finance Aid Advisors find jobs?

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What finance aid advisor skills would you recommend for someone trying to advance their career?

Fang Lin

Assistant Professor of Finance, Pacific Lutheran University

Don't be afraid to negotiate your starting salary. Young journalists have a lot to offer newsrooms through social media skills and a willingness to adapt to new technologies such as artificial intelligence. Technology skills have value and should not be undersold. Also, young journalism students should not discount the value of their student media and internship experiences. Young journalists must use everything on their resumes to show how they bring value to their position and ask to be compensated fairly for the work they will contribute to the newsroom's success.

Do you want to know more?

List of finance aid advisor skills to add to your resume

The most important skills for a finance aid advisor resume and required skills for a finance aid advisor to have include:

Financial Aid
Customer Service
FAFSA
Financial Aid Programs
Student Loans
Title IV
Student Aid
Financial Aid Eligibility
Financial Aid Applications
Professional Judgment
Federal Regulations
Financial Aid Awards
NSLDS
Financial Assistance
State Regulations
Student Accounts
Exit Interviews

Federal Student
COD
Debt Management
FERPA
Satisfactory Academic
Financial Aid Packages
Financial Aid Workshops
VUE
Pell
ISIR
Federal Financial Aid
Verification Process
Financial Aid Policies
Enrollment Process
Institutional Regulations
Institutional Policies
Loan Applications

Federal Guidelines
Student Eligibility
PeopleSoft
Application Procedures
Inbound Calls
Financial Data
Veterans
Financial Aid Issues
Institutional Guidelines
Financial Aid Funds
Award Letters
Outbound Calls
Financial Aid Forms
Financial Aid Options
Student Inquiries
CampusVue

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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