Federal Financial Aid
is available in 3 different forms: grants
, loans (below) and work-study
. These types of financial aid help cover school expenses, including tuition, fees, room, board, books, supplies, and transportation. Most aid is need-based, and you are required to file a FAFSA
in order to be eligible for any federal aid. Once you have applied for your FAFSA and you have been accepted to Nyack your Award Letter will inform you what you are eligible for. You may also be selected for a Federal process called verification.
Who is Eligible for Federal Financial Aid?
Entrance or Exit Loan Counseling:
First Time Borrowers: PLEASE NOTE - Due to the Moving Ahead for Progress in the 21st Century Act, a new borrower on or after July 1, 2013 cannot receive subsidized loans for more than 150 percent of the published length of the borrower’s educational program. The law also provides that a borrower who becomes ineligible for subsidized loans because of the 150 percent limit is ineligible for interest subsidy benefits on all subsidized loans first disbursed to that borrower on or after July 1, 2013.
Exit Counseling (required of all students entering repayment. i.e.-graduating seniors)
If all of your loans have been secured through private lenders, and not the Dept. of Education please contact us
When taking out loans to pay for school, remember you are making an investment. Borrow wisely and only if absolutely necessary to pay for college related costs.
For loan amounts, click here
Rockland students only - see award letter for amounts.