Private Schools - Need based Aid reevaluation Question

My husband was recently diagnosed with advanced heart failure. In 24-hours, he went from (presumably) “perfectly healthy” to disabled and unable to work. I became his full-time caretaker. We went from two incomes to one-half income. Add in $300,000+ in medical bills to our limited middle-income budget (an insurance issue that we’re appealing, but that our insurance company says is our responsibility, not theirs). We filed a financial aid appeal and, for the first time in the four years she has gone there, we will be receiving financial as well as merit aid from the school this year. However, they also made it clear that the aid is extended for this school year only and she will be expected to graduate on time, despite the family upheaval. While paying for school is considered a family responsibility that has been affected by an unforeseen health crisis, they consider finishing school to be a student responsibility and will be up to her.