What is a Student Loan Correspondent

There is more than meets the eye when it comes to being a Student Loan Correspondent. For example, did you know that they make an average of $21.08 an hour? That's $43,843 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 24,300 job opportunities across the U.S.

What Does a Student Loan Correspondent Do

There are certain skills that many Student Loan Correspondents 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 Detail oriented, Initiative and Interpersonal skills.

How To Become a Student Loan Correspondent

If you're interested in becoming a Student Loan Correspondent, one of the first things to consider is how much education you need. We've determined that 60.4% of Student Loan Correspondents have a bachelor's degree. In terms of higher education levels, we found that 4.7% of Student Loan Correspondents have master's degrees. Even though most Student Loan Correspondents 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 Student Loan Correspondent. When we researched the most common majors for a Student Loan Correspondent, we found that they most commonly earn Bachelor's Degree degrees or High School Diploma degrees. Other degrees that we often see on Student Loan Correspondent resumes include Associate Degree degrees or Master's Degree degrees.

You may find that experience in other jobs will help you become a Student Loan Correspondent. In fact, many Student Loan Correspondent jobs require experience in a role such as Internship. Meanwhile, many Student Loan Correspondents also have previous career experience in roles such as Customer Service Representative or Cashier.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

And if you’re looking for a job, here are the five top employers hiring now:

  1. American International Group Jobs (1)
  2. JPMorgan Chase & Co. Jobs (3)
  3. Sallie Mae Jobs (3)
  4. CSG Jobs (1)
  5. Discover Financial Services Jobs (5)
Average Salary
$43,843
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
18,820
Job Openings
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Student Loan Correspondent Career Paths

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Average Salary for a Student Loan Correspondent

Student Loan Correspondents in America make an average salary of $43,843 per year or $21 per hour. The top 10 percent makes over $74,000 per year, while the bottom 10 percent under $25,000 per year.
Average Salary
$43,843
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Choose From 10+ Customizable Student Loan Correspondent Resume templates

Zippia allows you to choose from different easy-to-use Student Loan Correspondent templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Student Loan Correspondent resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Student Loan Correspondent Resume
Student Loan Correspondent Resume
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Student Loan Correspondent Resume
Student Loan Correspondent Resume
Student Loan Correspondent Resume
Student Loan Correspondent Resume
Student Loan Correspondent Resume
Student Loan Correspondent Resume

Student Loan Correspondent Demographics

Student Loan Correspondent Gender Statistics

female

63.9 %

male

36.1 %

Student Loan Correspondent Ethnicity Statistics

White

67.7 %

Hispanic or Latino

14.9 %

Black or African American

8.4 %

Student Loan Correspondent Foreign Languages Spoken Statistics

Spanish

33.3 %

Japanese

22.2 %

Portuguese

11.1 %
Job Openings

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Student Loan Correspondent Education

Student Loan Correspondent Majors

19.2 %

Student Loan Correspondent Degrees

Bachelors

60.4 %

High School Diploma

15.1 %

Associate

13.2 %

Top Colleges for Student Loan Correspondents

1. Massachusetts Institute of Technology

Cambridge, MA • Private

In-State Tuition
$51,832
Enrollment
4,550

2. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

3. University of Pennsylvania

Philadelphia, PA • Private

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

4. Princeton University

Princeton, NJ • Private

In-State Tuition
$50,340
Enrollment
5,301

5. Georgetown University

Washington, DC • Private

In-State Tuition
$54,104
Enrollment
7,089

6. Northwestern University

Evanston, IL • Private

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

7. University of Notre Dame

Notre Dame, IN • Private

In-State Tuition
$53,391
Enrollment
8,568

8. University of Chicago

Chicago, IL • Private

In-State Tuition
$58,230
Enrollment
6,600

9. University of California - Los Angeles

Los Angeles, CA • Private

In-State Tuition
$13,226
Enrollment
31,568

10. Johns Hopkins University

Baltimore, MD • Private

In-State Tuition
$53,740
Enrollment
5,567
Job Openings

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Online Courses For Student Loan Correspondent That You May Like

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Top Skills For a Student Loan Correspondent

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, 24.7% of Student Loan Correspondents listed Outbound Calls on their resume, but soft skills such as Detail oriented and Initiative are important as well.

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Top Student Loan Correspondent Employers

Most Common Employers For Student Loan Correspondent

RankCompanyZippia ScoreAverage Student Loan Correspondent SalaryAverage Salary
1$105,818
2$79,431
3$75,016
4$62,288
5$57,931
6$54,815