How much does it cost to attend Nyack College?
Do I have to apply for financial aid every year?
Yes. Your eligibility for federal, state and institutional aid will be evaluated each year, based on the information provided on the FAFSA.
Do I have to pay to fill out the FAFSA?
NO! Be wary of sites or companies that offer to help you complete your FAFSA “for a fee” or require you to pay a fee to complete the FAFSA. FAFSA stands for FREE Application
for Federal Student Aid, and any help you need in completing the FAFSA can be obtained free of charge from the FAFSA toll-free helpline 1-800-433-3243 or our Office 845-675-4625. Make sure you are using www.FAFSA.gov.
What is the Nyack College school code?
The school code for Nyack College is 002790. If this code is listed on the FAFSA, your results will be electronically sent to Nyack College.
Do I have to fill out a FAFSA every year?
Yes. Each FAFSA you fill out applies only to the upcoming academic year. In order to receive financial aid each year, you must fill out a FAFSA every year.
Where can I find the FAFSA?
How do I get a FSA ID?
In order to sign the FAFSA electronically, as well as to access information and make changes to your FAFSA, both the parent and the student need to apply for separate FSA IDs. Both the parents and the student should go to www.fsaid.gov to apply. These FSA IDs will be used each year to sign the FAFSA as well as to complete documents on other Federal websites, so it is important that these IDs are kept in a safe place from year-to-year. Here is a helpful step-by-step tutorial to apply for your FSA ID.
Do I need a FSA ID to fill out my FAFSA?
A FSA ID is the best way to electronically sign and make updates to your FAFSA online. HOWEVER, you do not need a FSA ID to fill the FAFSA online. You may choose to fill out the FAFSA online without a FSA ID but you MUST print out the signature page at the end of the online application, sign it and mail to the address on the signature page.
What is the deadline to complete the FAFSA?
Your FAFSA should be complete and received by the Financial Aid Office before any registration and or class attendance.
Do I still need to fill out my FAFSA even though I don’t think I will qualify for any need-based aid?
Yes. Our office recommends that all students file the FAFSA. Many factors other than family income are considered in calculating need. Even if you believe your family’s income is too high, you may still be eligible for some federal aid in the forms of low interest loans.
How is the FAFSA used to determine my financial aid package?
The federal government uses data provided on the FAFSA to calculate a student’s Expected Family Contribution (EFC). Our office calculates a student’s Cost of Attendance (COA) which
includes tuition, residence fees (if applicable), miscellaneous fees, etc. The COA minus the EFC equals a student’s financial need. This financial need is used to determine what grants, scholarships, and other aid the student may receive.
What is considered in calculating my Estimated Family Contribution (EFC)?
The federal government has created a formula that takes a number of factors into consideration. Among them are a family’s total taxable and nontaxable incomes- including the student’s income, family and student assets, the number of persons supported by the family income, the number of dependents in college, and the age and marital status
of the parents.
Does my EFC reflect the amount that I will pay for the year?
Not necessarily. Your EFC is simply an estimate calculated by the government to help financial aid offices determine a student’s need for the upcoming academic year. Often, this number will be either more or less than what you will actually pay.
What happens if my financial circumstances change?
If your financial situation has changed since you completed the FAFSA or if there are any special or unusual circumstances in you or your family’s finances that you feel have not been
considered, please contact our office.