The College of New Rochelle requires that every student seeking financial aid complete the Free Application for Federal Student Aid (FAFSA) to assist in determining eligibility. The College firmly believes that by providing financial assistance to needy and deserving students of diverse economic and social background and by rewarding academic achievement it may best promote and maintain the education goals that are central to the mission of the institution.  Funds are allocated, administered and awarded directly by the Office of Financial Aid following appropriate federal guidelines.

All packaging of financial aid is contingent upon sufficient allocations from external and government sources and the budgetary limitations of the institution.  Applying for financial aid is an annual process.