What is a Finance Aid Officer

The primary responsibility of a finance aid officer is to evaluate, approve or deny, and award financial aid to students per federal, state, and university regulations, policies, and operating guidelines.They assess students' financial needs and advise students and parents regarding financial aid options, processes, and requirements. Eventually, finance aid officers also evaluate students' academic progress and arbitrate academic progress appeals.

This role requires a high school diploma or GED alongside at least five years of experience in a related field. Nevertheless, a completed degree(s) from an accredited institution that is above the minimum education requirement may be substituted for experience on a year for year basis. Financial aid officers, on average, earn $38,881 per year. However, this figure can vary significantly depending upon academic qualification, having previous experience, and possession of the aforementioned skills.

There is more than meets the eye when it comes to being a Finance Aid Officer. For example, did you know that they make an average of $17.62 an hour? That's $36,648 a year!

Between 2018 and 2028, the career is expected to grow 7% and produce 13,500 job opportunities across the U.S.

What Does a Finance Aid Officer Do

There are certain skills that many Finance Aid Officers 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, Problem-solving skills and Interpersonal skills.

Learn more about what a Finance Aid Officer does

How To Become a Finance Aid Officer

If you're interested in becoming a Finance Aid Officer, one of the first things to consider is how much education you need. We've determined that 58.9% of Finance Aid Officers have a bachelor's degree. In terms of higher education levels, we found that 11.5% of Finance Aid Officers have master's degrees. Even though most Finance Aid Officers 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 Officer. When we researched the most common majors for a Finance Aid Officer, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Finance Aid Officer 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 Officer. In fact, many Finance Aid Officer jobs require experience in a role such as Customer Service Representative. Meanwhile, many Finance Aid Officers also have previous career experience in roles such as Administrative Assistant or Finance Aid Advisor.

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Average Salary
$36,648
Average Salary
Job Growth Rate
7%
Job Growth Rate
Job Openings
126,485
Job Openings
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Finance Aid Officer Career Paths

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Average Salary for a Finance Aid Officer

Finance Aid Officers in America make an average salary of $36,648 per year or $18 per hour. The top 10 percent makes over $49,000 per year, while the bottom 10 percent under $27,000 per year.
Average Salary
$36,648
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Finance Aid Officer 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 Officer. 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 Officer Resume

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

View Finance Aid Officer Resume Examples And Templates

Finance Aid Officer Demographics

Finance Aid Officer Gender Statistics

female

67.7 %

male

27.2 %

unknown

5.1 %

Finance Aid Officer Ethnicity Statistics

White

67.8 %

Hispanic or Latino

14.9 %

Black or African American

8.4 %

Finance Aid Officer Foreign Languages Spoken Statistics

Spanish

74.2 %

French

7.6 %

Portuguese

3.0 %
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Finance Aid Officer Education

Finance Aid Officer Majors

36.1 %

Finance Aid Officer Degrees

Bachelors

58.9 %

Associate

19.2 %

Masters

11.5 %

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High School / GED
Associate
Bachelor's
Master's
Doctorate

Top Colleges for Finance Aid Officers

1. University of Pennsylvania

Philadelphia, PA • Private

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

2. Northwestern University

Evanston, IL • Private

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

3. University of Southern California

Los Angeles, CA • Private

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

4. SUNY at Binghamton

Vestal, NY • Private

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

5. Villanova University

Villanova, PA • Private

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

6. San Diego State University

San Diego, CA • Private

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

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. SUNY Farmingdale

Farmingdale, NY • Private

In-State Tuition
$8,306
Enrollment
9,394

9. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

10. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407
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Top Skills For a Finance Aid Officer

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, 32.0% of Finance Aid Officers listed Financial Aid on their resume, but soft skills such as Computer skills and Problem-solving skills are important as well.

12 Finance Aid Officer RESUME EXAMPLES

Best States For a Finance Aid Officer

Some places are better than others when it comes to starting a career as a Finance Aid Officer. The best states for people in this position are Rhode Island, Connecticut, New Hampshire, and California. Finance Aid Officers make the most in Rhode Island with an average salary of $48,966. Whereas in Connecticut and New Hampshire, they would average $48,599 and $45,889, respectively. While Finance Aid Officers would only make an average of $45,784 in California, 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. Connecticut

Total Finance Aid Officer Jobs:
967
Highest 10% Earn:
$76,000
Location Quotient:
1.2
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. Rhode Island

Total Finance Aid Officer Jobs:
315
Highest 10% Earn:
$75,000
Location Quotient:
1.07
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. New Jersey

Total Finance Aid Officer Jobs:
2,615
Highest 10% Earn:
$72,000
Location Quotient:
1.36
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
Full List Of Best States For Finance Aid Officers

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Top Finance Aid Officer Employers

RankCompanyZippia ScoreAverage Finance Aid Officer SalaryAverage Salary
1$42,709
2$36,648
3$36,648
4$36,648
5$36,648
6$36,648

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