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Financial Aid Consultant Jobs (NOW HIRING)

Ferrilli

Interim Director of Financial Aid

NJ · On-site

... IT consulting, optimizing existing technology infrastructure, and implementing cutting-edge ... Position Overview The Interim Director of Financial Aid is a temporary leadership role responsible ...

Montgomery College

MD · On-site

Montgomery College has an immediate need for a full-time Financial Aid Management Systems ... and external consultants/contractors. Montgomery College promotes and creates a working and ...

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Financial Aid Consultant information

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$103.9K

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How much do financial aid consultant jobs pay per year?

As of Sep 3, 2026, the average yearly pay for financial aid consultant in the United States is $103,877.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,000.00 and $125,000.00 per year, depending on experience, location, and employer.

What is a financial aid consultant?

A Financial Aid Consultant helps students and families navigate the financial aid process for higher education. They provide guidance on applying for loans, grants, and scholarships, ensuring compliance with federal and institutional requirements. Consultants may also assist schools in optimizing their financial aid programs and policies. Their goal is to maximize funding opportunities while minimizing student debt.

What are the key skills and qualifications needed to thrive as a financial aid consultant?

To thrive as a Financial Aid Consultant, you need a solid understanding of federal and institutional financial aid regulations, financial analysis, and student counseling, often supported by a relevant bachelor’s degree. Familiarity with tools such as FAFSA, CSS Profile, financial aid management software (e.g., PowerFAIDS, Banner), and industry certifications like Certified Financial Aid Administrator (CFAA) is advantageous. Outstanding interpersonal communication, problem-solving abilities, and a detail-oriented mindset help distinguish top professionals in this role. These skills are essential for accurately guiding students and families through complex financial aid processes, ensuring compliance, and providing exceptional support.

What are some typical challenges financial aid consultants face, and how can they effectively address them?

Financial Aid Consultants often encounter challenges such as keeping up with constantly changing federal and state regulations, managing peak workloads during enrollment periods, and handling sensitive or complex personal financial situations with clients. Effective consultants address these challenges by staying updated through ongoing professional development, using robust organizational systems to track client cases, and developing strong communication skills to explain complicated financial concepts in a clear, compassionate manner. Collaborating closely with admissions, finance, and academic departments also helps streamline support for students and ensures compliance with institutional policies. By proactively seeking solutions and maintaining a client-centered approach, Financial Aid Consultants can navigate these challenges confidently and successfully.

How do you become a financial aid consultant?

To become a financial aid consultant, individuals typically need a bachelor's degree in finance, education, or a related field, along with strong knowledge of financial aid programs and regulations. Gaining experience in counseling, customer service, or financial advising can be beneficial, and some roles may require certification or training in financial aid administration. Developing skills in communication, organization, and familiarity with financial aid software is also important.
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Financial Aid Consultant jobs near you
Infographic showing various Financial Aid Consultant job openings in the United States as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $103,877 per year, or $49.9 per hour.

Interim Director of Financial Aid

Ferrilli

NJ • On-site

Temporary

Posted 8 days ago

Job description

At Ferrilli, we are committed to driving positive change in higher education through the revolutionary power of technology. Our mission is to foster student success by maximizing the potential of technology on campuses. With a comprehensive and holistic approach, we provide unwavering support in IT services and IT consulting, optimizing existing technology infrastructure, and implementing cutting-edge solutions to help our clients achieve their goals.
Position Overview
The Interim Director of Financial Aid is a temporary leadership role responsible for overseeing the administration of financial aid programs and services. This individual ensures compliance with federal, state, and institutional regulations, while providing strategic direction to support student access and success through financial aid.
Key Responsibilities
  • Leadership and Management: Provide leadership to the financial aid office, including supervising and mentoring staff, and ensuring effective operation of all financial aid functions.
  • Compliance: Ensure adherence to federal, state, and institutional regulations and policies related to financial aid. Stay current with changes in legislation affecting financial aid.
  • Budget Management: Oversee the financial aid budget, including forecasting, allocation, and reconciliation of funds. Ensure the efficient use and management of financial resources.
  • Policy Development: Develop and implement policies and procedures to improve the efficiency and effectiveness of financial aid services.
  • Student Support: Provide guidance and support to students and families regarding financial aid options, application processes, and eligibility requirements. Resolve complex financial aid issues and appeals.
  • Collaboration: Work closely with other departments, such as Admissions, Registrar, and Student Accounts, to ensure seamless delivery of services and support to students.
  • Reporting: Prepare and submit required reports to federal and state agencies, as well as internal reports to college administration.
  • Professional Development: Promote professional growth and development for financial aid staff through training and participation in professional organizations and conferences.

Qualifications
  • Education: Bachelor's degree in a related field is required; Master's degree is preferred.
  • System Expertise: PeopleSoft experience is strongly preferred.
  • Experience: Minimum of 5 years of progressive experience in financial aid administration, with at least 2 years in a supervisory or leadership role.
  • Knowledge: In-depth knowledge of federal and state financial aid regulations and policies.?
  • Skills: Strong leadership, communication, and interpersonal skills. Ability to analyze data, solve problems, and make informed decisions. Excellent organizational and time-management abilities.
  • Attributes: High level of integrity, professionalism, and commitment to student success. Ability to work effectively in a fast-paced and dynamic environment.

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