Post job

Finance aid counselor education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a finance aid counselor. Finance aid counselors usually study business, psychology, or communication. 66% of finance aid counselors hold a bachelor's degree, and 17% hold an master's degree. We analyzed 2,359 real finance aid counselor resumes to see exactly what finance aid counselor education sections show.

The most common colleges for finance aid counselors are the University of Phoenix and the University of Phoenix.

There are also many online finance aid counselor courses to help get the education required to be a finance aid counselor.

There are certain finance aid counselor certifications that you should consider. These finance aid counselor certifications include Medical Assistant and Certified Management Accountant (CMA).

What education do you need to become a finance aid counselor?

What degree do you need to be a finance aid counselor?

The most common degree for finance aid counselors is bachelor's degree, with 66% of finance aid counselors earning that degree. The second and third most common degree levels are master's degree degree at 17% and master's degree degree at 13%.
  • Bachelor's, 66%
  • Master's, 17%
  • Associate, 13%
  • High School Diploma, 2%
  • Other Degrees, 2%

What should I major in to become a finance aid counselor?

You should major in business to become a finance aid counselor. 29% of finance aid counselors major in business. Other common majors for a finance aid counselor include psychology and communication.

Most common colleges for finance aid counselors

Finance aid counselors often get their degrees at University of Phoenix, Arizona State University, and Troy University. Here are the most common colleges for finance aid counselors in the US based on their resumes.
Finance aid counselor common collegePercentages
University of Phoenix15.61%
Arizona State University6.83%
Troy University6.34%
University of Central Florida5.37%
Southeastern University5.37%

Best majors for finance aid counselors

RankMajorPercentages
1Business28.7%
2Psychology10.6%
3Communication7.7%
4Accounting5.4%
5Management4.3%

Best colleges for finance aid counselors

The best colleges for finance aid counselors are Stanford University, Northwestern University, and University of Pennsylvania.

A finance aid counselor with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for finance aid counselors. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become finance aid counselors.

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 • Private

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 • Private

In-state tuition

$7,309

Enrollment

9,142

7. SUNY at Binghamton

Vestal, NY • Private

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 • Private

In-state tuition

$7,488

Enrollment

30,018

10. Bentley University

Waltham, MA • Private

In-state tuition

$49,880

Enrollment

4,177

20 best online courses for finance aid counselors

Advertising disclosure

1. Microsoft Excel for Finance, Accounting & Financial Analysis

udemy
4.5
(1,596)

Excel tips & tricks for Accounting, Finance and Financial Analysis. Learn from the Bestselling Accounting Instructor...

2. Complete Financial Modeling for Project Finance in Excel

udemy
4.6
(589)

Learn Financial Modeling for Project Finance and Infrastructure Valuation ( DCF and IRR )...

3. Financial Analysis and Financial Modeling using MS Excel

udemy
4.3
(3,724)

Perform financial analysis & financial modeling using Microsoft excel. For people who want to become a Financial Analyst...

4. Accounting & Financial Statement Analysis: Complete Training

udemy
4.6
(16,804)

Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...

5. Financial Statement Analysis - Ratio Analysis

udemy
4.3
(1,189)

Master the Art of Financial Statement Analysis: Unlocking Insights through Vertical, Horizontal, and Ratio Analysis...

6. Cost Accounting and Financial Management - A Complete Study

udemy
4.8
(268)

Learn theory and practical concepts in Cost Accounting and Financial Management with loads of video lectures...

7. Financial Statements Analysis for absolute beginners

udemy
4.3
(314)

Understand Financial Statements and Analyze Financial Statements for Business and Financial Analysis...

8. Finance Training for Financial Analysts

udemy
4.3
(1,149)

The comprehensive course in Excel, Accounting, Financial Analysis, Forecasting, Business Valuation and Power Point...

9. Financial modeling Project Finance & Infrastructure

udemy
4.2
(1,375)

Learn how build a project finance model & support infrastructure finance deals around the globe!...

10. Financial Statement Analysis - Master the Financial Stmts!

udemy
4.6
(330)

Gain a comprehensive knowledge of the 3 financial statements and how to make them tell you a story...

11. Financial Statement Analysis

udemy
4.7
(255)

Learn how to make understanding financial statements your superpower!...

12. Personal Finance: Financial Security Thinking & Principles

udemy
4.7
(1,161)

How to secure your financial future the fun & easy way! Personal Finance: Financial Security Thinking & Principles...

13. Financial Modeling & Valuation in Excel - Complete Course

udemy
4.4
(288)

Complete package of excel, accounting, ratio analysis, financial modeling, forecasting and business valuation techniques...

14. ACCA: FA (F3) Financial Accounting

udemy
4.5
(1,302)

Let's get to grasps of how to perform the basics of financial accounting...

15. Intro to Financial Analysis and Managerial Accounting!

udemy
4.5
(534)

Learn financial analysis fast!...

16. Financial Derivatives: A Quantitative Finance View

udemy
4.7
(2,271)

The financial engineering of forwards, futures, swaps, and options, with Python tools for fixed income and options...

17. Advanced Financial Accounting: Acquisitions & Consolidations

udemy
4.1
(703)

Acquisitions, Consolidations, and Reporting. Master complex concepts and applications...

18. First Aid

udemy
4.3
(1,797)

A guide to first aid for the common man. Covers sudden illness, wounds, burns, bone injuries and more...

19. How to Read Financial Statements: Build Financial Literacy.

udemy
4.5
(811)

Read financial statements and speak the language of business without the drudgery of a traditional accounting course...

20. Financial Accounting-Debits & Credits-Accounting Transaction

udemy
4.5
(781)

Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...

Top 10 most affordable universities for finance aid counselors

The most affordable schools for finance aid counselors are SUNY Farmingdale, california state university - bakersfield, and baruch college of the city university of new york.

If the best universities for finance aid counselors are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for finance aid counselors.

1. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

2. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

3. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

4. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

5. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

6. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

7. SUNY Polytechnic Institute

Utica, NY • Private

In-state tuition

$8,238

Cost of attendance

21,567

8. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

9. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Cost of attendance

22,990

10. Clayton State University

Morrow, GA • Private

In-state tuition

$5,419

Cost of attendance

17,697

Top 10 hardest universities to get into for finance aid counselors

The hardest universities for finance aid counselors to get into are Stanford University, Northwestern University, and University of Pennsylvania.

Some great schools for finance aid counselors are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for finance aid counselors based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

2. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

3. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

4. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

5. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

6. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

7. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

8. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

9. SUNY at Binghamton

Vestal, NY • Private

Admissions rate

40%

SAT average

1,376

10. Brandeis University

Waltham, MA • Private

Admissions rate

31%

SAT average

1,398

Top 10 easy-to-apply-to universities for finance aid counselors

The easiest schools for finance aid counselors to get into are Oklahoma Wesleyan University, notre dame de namur university, and holy names university.

Some schools are much easier to get into. If you want to start your career as a finance aid counselor without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for finance aid counselors.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Notre Dame de Namur University

Belmont, CA • Private

Admissions rate

82%

SAT average

983

3. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. LIM College

New York, NY • Private

Admissions rate

83%

SAT average

1,061

6. Nyack College

New York, NY • Private

Admissions rate

98%

SAT average

999

7. Life University

Marietta, GA • Private

Admissions rate

94%

SAT average

979

8. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

9. Presentation College

Aberdeen, SD • Private

Admissions rate

97%

SAT average

1,050

10. Oregon Institute of Technology

Klamath Falls, OR • Private

Admissions rate

96%

SAT average

1,139

Average finance aid counselor salary by education level

Finance aid counselors with a Master's degree earn more than those without, at $42,626 annually. With a Bachelor's degree, finance aid counselors earn a median annual income of $40,408 compared to $37,488 for finance aid counselors with an Associate degree.
Finance aid counselor education levelFinance aid counselor salary
Master's Degree$42,626
High School Diploma or Less$37,299
Bachelor's Degree$40,408
Some College/ Associate Degree$37,488

Finance aid counselor education FAQs

Search for finance aid counselor jobs

Updated January 8, 2025

Zippia Research Team
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.

Browse business and financial jobs