Most financial aid is awarded on the basis of financial need. Financial need is the difference between the cost to attend college and the amount you and your family are expected to pay. Financial Need Obviously income is a major factor in determining need. But other factors such as assets, family size, unemployment, high medical expenses, and the number of children in college concurrently are considered. If families have special circumstances, they should include a separate letter with the aid application explaining the situation in more detail.
Parents are a primary source for paying for college.
However, some parents are unable to provide the amount suggested. Once all forms have been received and you are accepted for admission to Nyack College, the Financial Aid Office will determine your financial need and create a financial aid package designed just for you. Each student s financial situation is different, so each financial aid award is unique. A financial aid package will include one or more types of financial aid. All new students will receive their award letter from an admissions counselor who will review in detail the aid received.