This week, North Yarmouth Academy (NYA) received a gift of $100,000 from an anonymous donor to support need-based student financial aid. The gift will support both current-use financial aid ($25,000) and the North Yarmouth Academy Endowed Fund for Scholarship Assistance ($75,000), which provides need-based aid to deserving students. “This gift ensures that some of the most talented students, no matter their economic circumstances, will have the opportunity to benefit from an NYA education, which is designed to inspire and challenge students in a supportive environment that promotes character development,” said Head of School Ben Jackson. “We are deeply grateful for this generous gift and the many ways it will enrich our entire community now and in perpetuity,” noted Jackson.
“Our family made this gift to NYA because we love seeing young people develop their full potential,” said the anonymous donors. “We seek to help future generations of students and their families benefit from the NYA experience in the same ways as our family.”
Each year, over 40% of NYA families receive need-based financial aid. The Academy’s annual expenditure on financial aid represents a huge effort relative to its operating budget. Gifts to financial aid help NYA attract and retain high-caliber students regardless of the families’ financial situation.
North Yarmouth Academy is an independent, college preparatory, coeducational school for toddlers to students in grade twelve. Since 1814, NYA has fostered integrity, character, and intellect in its students. For information about gifts in support of student financial aid at NYA, contact Director of Development Jennifer Richard or 207-847-5429 or visit our website at nya.org/give.