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Scholarships and Assistantships

Each year, we award several highly qualified students a coveted Graduate Student Assistantship, in addition to a a wide range of merit-based scholarships. 

New and continuing students should familiarize themselves with the scholarships available through Touro College and the Graduate School of Business. We offer awards ranging from $500 to $1,000 per semester.

Deadlines and amounts vary for each scholarship, so be sure to read the fine print and submit your application on time.

How to Apply

For scholarship consideration, submit the Graduate School of Business scholarship application along with a required essay and recent resumé.

The Scholarship Committee will notify you of their decisions before the start of each semester. Scholarships are not automatically renewed, so you must apply each semester. Scholarships are granted for the following semester; students may receive only one scholarship per semester. 

Touro Scholarships

Review the full application criteria and descriptions before applying.

Deans’ Excellence Award, $1,000
Deadline: July 31

The Dean's Excellence Award is granted to a returning MBA student whose achievement in the previous academic year was outstanding. The recipient is awarded a maximum of $1000 for the following academic year. 

Application criteria:

  • enrollment in a minimum of 6 graduate credit hours per semester
  • cumulative GPA of at least 3.5 or better at GSB
  • a 500-word essay describing how you would apply a specific aspect of your academic studies to help bring significant change in the workplace

Administrative Director’s Fellowship, $500
Deadlines: July 31, December 31

The Administrative Director's Fellowship recognizes new or returning graduate students, on a semester basis, whose academic achievements are outstanding.

Application criteria:

  • unconditional admission to a graduate degree program at GSB
  • enrollment in a minimum of 6 graduate credit hours per semester
  • new students: a cumulative GPA of at least 3.3 at each college where a degree was earned
  • returning students: a cumulative GPA of 3.5 or better at GSB
  • a 500-word essay on how you would apply a specific aspect of your academic studies to help bring about a significant change in the workplace

International Student Award, $500
Deadlines: July 31, December 31

This one-semester scholarship is awarded to an international student of outstanding ability who is expected to play a leadership role after returning to his or her home country.

Application criteria:

  • new students: unconditional admission to a graduate degree program at GSB
  • returning students: a cumulative GPA of 3.5 or better at GSB
  • sole citizenship in a foreign country
  • enrollment in a minimum of 9 graduate credit hours per semester
  • a 500-word essay on how you would apply a specific aspect of your academic studies to help bring about a significant change to the business workplace of his or her home country 

Intra-Touro Graduate Scholarship, $1,000
Deadline: July 31

This one academic year scholarship is awarded to a promising Touro graduate student who is transferring from any graduate division of Touro College or is seeking a dual graduate degree from Touro College and has been accepted to GSB.  

Application criteria:

  • current enrollment in, or a degree recipient of, any Touro College graduate school. 
  • cumulative GPA of 3.5 or better in (each of) the applicant's current Touro graduate program(s).
  • enrollment in a minimum of 6 graduate credit hours per semester
  • a 500-word essay describing how the integration of your previous graduate studies along with a specific GSB program will enhance the pursuit of your professional goals 

This scholarship is not renewable.

Intra-Touro Undergraduate Scholarship, $1,000
Deadline: July 31

This one-academic year scholarship is awarded to a promising Touro undergraduate student who has been accepted to GSB. This scholarship is open to students at LAS, LCM, LCW, NYSCAS, SHS Undergrad, SLE, Berlin, TCI, and TCLA. This scholarship is not renewable.

Aspiring CPA Scholarship, $1,000
Deadline: July 31

This scholarship is awarded on an academic year basis to a returning student in the Master of Science in Accounting program, demonstrating exceptional academic achievement, leadership, and commitment to pursuing the CPA licensure.

Application criteria:

  • cumulative GPA of at least 3.5 or better at GSB
  • enrollment in a minimum of 6 graduate credit hours per semester
  • a 500-word essay describing challenges to the accounting profession and how you might expect the profession to respond to those challenges.

Human Resource Management Scholarship, $1,000
Deadline: July 31

This scholarship is awarded on an academic year basis to a returning student in the Human Resource Management program, demonstrating exceptional academic achievement, leadership, and commitment to a career in Human Resource Management.

Application criteria:

  • cumulative GPA of at least 3.5 or better at GSB
  • enrollment in a minimum of 6 graduate credit hours per semester
  • a 500-word essay describing challenges to the business profession and how you might expect the profession to respond to those challenges. 

International Business Finance Scholarship, $1,000
Deadline: July 31

This scholarship is awarded on an academic year basis to a returning student in the International Business Finance program, demonstrating exceptional academic achievement, leadership, and commitment to a career in International Business Finance.

Application criteria:

  • cumulative GPA of at least 3.5 or better at GSB
  • enrollment in a minimum of 6 graduate credit hours per semester
  • a 500-word essay describing challenges to the business profession and how you might expect the profession to respond to those challenges.

MBA Scholarship, $1,000
Deadline: July 31

This scholarship is awarded on an academic year basis to a returning student in the MBA program, demonstrating exceptional academic achievement, leadership, and commitment to a business career.

Application criteria:

  • cumulative GPA of at least 3.5 or better in the GSB MBA program
  • enrollment in a minimum of 6 graduate credit hours per semester
  • a 500-word essay describing challenges to the business profession and how you might expect the profession to respond to those challenges.

 

Graduate Student Assistantship

Deadline: June 1 for returning students

We look for students who demonstrate high potential for success in their careers or disciplines. Graduate Student Assistantships carry a tuition credit of $3,000-$4,000 per academic year, or $1,500-$2,000 per semester, depending on the number of working hours assigned. Students who receive a Graduate Student Assistantship are expected to work on assigned projects within the Graduate School of Business such as brochure preparation and mailing list updating, in addition to participating in the Graduate Business Alumni Council and meeting with prospective students during Open House events.

Recipients of Student Assistantships may reapply for the following academic year, but renewal award is not guaranteed. The number of assistantships awarded each year may vary. 

Applicants are required to submit a Touro College Graduate Scholarship Application form, along with a written essay, not to exceed 500 words, describing their career goals.

Employee Tuition Remission

Full-time Touro College employees and their dependent families are eligible for a 25% tuition remission.

 

Non-Touro Financial Assistance Programs

Mayor’s Graduate Scholarship Program (MGSP)

New York City government employees are eligible for MGSP awards equal to 25% of tuition. For information about the MGSP, contact:

Mayor’s Graduate Scholarship Program
New York City Department of Citywide Administrative Services
One Centre Street, Rm. 1340
New York, NY 10007 (212) 669-4163 

Veterans Administration (VA) Benefits

Many programs for educational assistance benefits are available to those who have served in the active military, naval, or air services of the United States, and to their dependents. Detailed information on all veterans' benefits and assistance in applying for benefits can be obtained from the Veterans Benefits Administration website or by calling (800) 827-1000. You can also reach out to Touro's Veteran's Program for information.

Federal Income Tax Credits

In some cases, students may be eligible for credits against their income tax liability to the U.S. Department of Internal Revenue and other tax authorities. Students are encouraged to consult their tax advisor for details.