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Salary and Benefits

Financial Aid Advisor
$37K-$45K / yr. (est.)
$37K
$41,652 / year
$46K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Financial Aid Advisor

What does a Financial Aid Advisor do?

As Financial Aid Advisors, we facilitate the customers’ financial aid file review by thoroughly verifying the application’s information and assessing the validity of each document, and contact them to perform any needed correction or to provide additional information. We are also responsible for managing federal grants and loan origination and disbursement reporting or (COD) while monitoring any existing enrollment to a federal aid grand. We assist in the aid transfer process to the accounting department, handle regular reconciliation of accounts for assigned programs, and serve as a Certifying Official to recipients of Veterans Benefits.

Core tasks:

  • coordinate with the HR department to ensure the customers’ eligibility for unemployment aid
  • process the customers’ unemployment paperwork and correct any mistake

Insights

How Many Years of Experience Do Professionals Need Before Becoming Financial Aid Advisor?
On average, people work 3-5 years in other positions prior to becoming a Financial Aid Advisor.
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Financial Aid AdvisorSan Francisco, CA - A year ago
🤔 I actually think having previous experience can be beneficial. It helps us become well-rounded in our field and better equipped to provide advice to students seeking financial aid.
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Financial Aid AdvisorMiami, FL - A year ago
😡 This is discriminatory! Not everyone has the means or opportunities to work in other positions for years before becoming a Financial Aid Advisor. It's time to break down these unjust barriers!
How Long Do Financial Aid Advisor Employees Typically Stay in Their Roles?
On average, Financial Aid Advisors works in this position for 3-5 years across multiple employers.
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Student AdministrationHouston, TX - A year ago
😡 This is outrageous! Financial Aid Advisors should be committed to helping us students, not hopping between jobs whenever they feel like it. It's time for accountability!
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HR ManagerMiami, FL - A year ago
I think we need to have a closer look at the working conditions and job satisfaction of Financial Aid Advisors. Employee retention is a reflection of a well-designed and supportive workplace culture.
What Is the Job Hopper Score for Financial Aid Advisor Employees?
Moderate job changes in Financial Aid Advisor, showing some career movement without excessive turnover.
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Personal BankerNew York City, NY - A year ago
This kind of job hopping doesn't reflect well on Financial Aid Advisors. It shows a lack of commitment and dedication. 😠
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ProfessorSan Francisco, CA - A year ago
It seems like Financial Aid Advisors are always on the move. I wonder why they can't find a long-term position? 🤨

Career path

Path to job

How long does a Financial Aid Advisor work in this position across multiple employers?
17 %
Financial Aid Counselor
Avg. length of tenure:3 years
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13 %
Customer Service Representative
Avg. length of tenure:2 years
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Discover a Financial Aid Advisor's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Financial Aid Advisor typically studied at.
Arizona State University-Tempe
Liberty University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Financial Aid Advisor Employees?
Gender ratio in Financial Aid Advisor position: 0.41436170212766 Male and 0.58563829787234 Female. Age ratio in Financial Aid Advisor position: 16-20: 21%, 21-30: 65%, 31-40: 10%, 41-50: 3%, 51-60: 1%, 60+: 0%. Financial Aid Advisor position is predominantly female (58.6%) with the largest age group being 21-30 years old, followed by 16-20 years old.
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Financial Aid AdvisorPhoenix, AZ - A year ago
we need to encourage more males to pursue Financial Aid Advisor jobs! 🙌
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Financial Aid AdvisorPhiladelphia, PA - A year ago
it's great to see young people starting their careers as Financial Aid Advisors! 🎉

Workplaces

Who Are the Top Employers for Financial Aid Advisor?
Top employers of Financial Aid Advisor position: American Public University System, Bryant & Stratton College, Career Education. People who work in Financial Aid Advisor position most typically go on to work for the American Public University System.
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Financial Aid AdvisorMiami, FL - A year ago
😠 Only an idiot would apply to Career Education as a financial aid advisor. They don't care about their employees or the students!
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Financial Aid AdvisorSeattle, WA - A year ago
I don't trust any of these employers. They prioritize profit over student welfare, making it harder for us to genuinely help those in need of financial aid.
American Public University System
Bryant & Stratton College
Career Education
What Industries Does Financial Aid Advisor Typically Have Experience In?
Industry Background: The most typical industries of Financial Aid Advisor: Education, Finance & Insurance, Professional / Scientific / Technical, Information Technology, Religious / Grantmaking / Civic. Financial Aid Advisor employees most likely come from a Education industry background.
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Financial Aid AdvisorHouston, TX - A year ago
Being a financial aid advisor requires knowledge in both finance and education. It's not an easy gig, y'all!
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Financial Aid AdvisorPhiladelphia, PA - A year ago
I highly doubt the intentions of these advisors. So many hidden fees and strict requirements, it's a scam! 😡

Find your job as Financial Aid Advisor

Discussion about Financial Aid Advisor

Want to know more about Financial Aid Advisor position?
Share your thoughts and ideas about Financial Aid Advisor position with others in our community.
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Do a lot of women work as a Financial Aid Advisor?
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Liam Brown3 years ago
This is a well balanced profession, about half of the people are women.
What is the typical age of people who work as a Financial Aid Advisor?
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Liam Brown3 years ago
The typical age is 25 for a Financial Aid Advisor.
How much experience is typically required to work as a Financial Aid Advisor?
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Liam Brown3 years ago
You should work for 4 years on average to become a Financial Aid Advisor.
What industries does a Financial Aid Advisor typically work in?
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Isabella Holmes3 years ago
For a Financial Aid Advisor it’s the most likely to work in the Education.
Is a degree needed to work as a Financial Aid Advisor?
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Benjamin Gardner3 years ago
No higher education is the typical for a Financial Aid Advisor
As a Financial Aid Advisor, which company should I definitely check out for jobs?
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Isabella Holmes3 years ago
Most people work for American Public University System, Bryant & Stratton College, Career Education, Texas A&M University and Universal Technical Institute
How many years do people work as a Financial Aid Advisor before changing their role?
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Liam Brown3 years ago
A Financial Aid Advisor typically moves on after 4 years
How frequently people change companies if they work as a Financial Aid Advisor?
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Benjamin Gardner3 years ago
A typical Financial Aid Advisor might work for one or two companies.
From which job titles people come from to work as a Financial Aid Advisor?
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Liam Brown3 years ago
Financial Aid Counselor, Customer Service Representative or Administrative Assistant are the typical prior positions for a Financial Aid Advisor
Working as a Financial Aid Advisor what job titles should I consider to switch to?
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Sophie Hayes3 years ago
Changing from a Financial Aid Advisor to Director OF Financial Aid, Financial Aid Counselor or Financial Aid Officer is a typical career path.
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