Affording an NYA Education
Financial Aid Applications for current families are due January 20, 2015. Applicant applications are due February 1, 2015.
The goal of our financial aid program is to help close the gap between the total cost of a North Yarmouth Academy education and what our families can afford. Nonetheless, applicants accepted for admission and qualifying on the basis of proven financial need often outnumber those whom we can afford to support. At such times, a waiting list for financial aid is created. Although need is the first and absolute requirement for financial aid, in selecting new recipients of aid from the waiting list, we base our evaluation on the student’s overall academic and personal strengths. NYA requires families to reapply for financial aid each year during the reenrollment process. We are committed to supporting a student through graduation provided a demonstrated need continues to exist. Please note that a family’s award amount may change from year to year if the family’s financial situation changes.
The 2015-2016 Tuition Rates:
|Toddler 5 Day (morning only)||$ 10,500|
|Toddler 5 Day (full day)||14,950|
|Toddler 3 Day (T, W, Th mornings only)||7,700|
|Toddler 3 Day (T, W, Th full day)||11,000|
|6th – 12th Grade||27,250|
|Lower School Extended Care Rates for 2015-2016|
|After Care, 3-5 days until 5pm||$ 3,650|
|After Care, 1-2 days until 5pm||2,300|
|After Care, 5 days for 1 hour||2,300|
|Before Care, 7:15am-7:45am||1,500|
Financial Aid Facts, Policies and Procedures
- Financial aid awards are made independently from admission decisions and in no way affect a candidate’s application for admission.
- Financial aid is awarded based on family need.
- Thirty-eight percent (38%) of all families received some form of financial assistance in 2014-2015. To view NYA’s full Financial Assistance Policy, click here.
Applying for Financial Aid
Please note that the deadline for current families to apply for financial aid is January 20. The deadline for applicants is February 1. Families applying for financial aid after the deadline will be reviewed on a case-by-case basis pending available funds left in the financial aid pool.
NYA uses a third party to calculate financial need. TADS (Tuition Aid Data Services) is the same service we use for our Admission Process. Using a third party ensures fair and confidential financial needs assessments for families.
This worksheet helps organize the documents needed to thoroughly complete the TADS Financial Aid Application.
Please note that if you haven’t started the NYA Admission Application through TADS, you will need to create an account. A Financial Aid Application cannot be reviewed until all pieces have been completed. Financial aid decisions are only made once a student has been accepted.