Is there any Financial Aid that considers home equity and your family's overall debt?

<p>Thank you all so much for the support and advice. Unfortunately, many of the state schools nearby me do not offer Arabic as a major and do not have the best political science/international relations programs, so that is why I was interested in schools such as NYU. Currently, there is $0 for me to go to college. I do have a wealthy family member who has expressed some interest in helping out with college costs, but I do not want to solely rely on them and act as though help from them is guaranteed… it also would make me feel guilty if I borrowed money from them for college. I will not apply ED to NYU based upon what I have read so thank you very much for advising me not do so. I will talk to my guidance counselor about schools that may provide me with aid or have a much lower tuition.</p>