How to Apply for Financial Aid

New and continuing students must apply for financial aid every year they wish to receive financial aid.

Returning students must be registered for classes before we can process or disburse aid. New students must be fully accepted into the program before we can process aid, and registered before aid can be disbursed.

FAFSA has some changes for the 2024-2025 year. Learn about what this means for you and how a better FAFSA means a better future.

All Financial Aid Starts with the FAFSA and These Steps

Step 1: Create a StudentAid.gov Account

Every contributor—anyone (you, your spouse, a biological or adoptive parent, or your parent's spouse) who's required to provide information on the FAFSA form—needs a StudentAid.gov account before accessing and completing their section of the online form. We strongly recommend you and your contributor(s) create StudentAid.gov accounts before starting your FAFSA form. When you create your account, be careful to enter your name and Social Security number (SSN) exactly as they appear on your Social Security card. Contributors can access their StudentAid.gov account by using their FSA ID (account username and password). Note: Contributors without an SSN can create a StudentAid.gov account to fill out their portion of your FAFSA form online. To start the online FAFSA form, select “Start New Form.” You’ll be taken to the “Log In” page to enter your account username and password. After logging in, you’ll be given the option to select your applicable role to fill out the FAFSA form: “Student” or “Parent.” You (the student) should select “Student.” If a parent wants to start their dependent child’s FAFSA form, they should select the “Parent” option.

Note: Contributors without an SSN can create a StudentAid.gov account to fill out their portion of your FAFSA form online.

To start the online FAFSA form, select “Start New Form.” You’ll be taken to the “Log In” page to enter your account username and password. After logging in, you’ll be given the option to select your applicable role to fill out the FAFSA form: “Student” or “Parent.” You (the student) should select “Student.” If a parent wants to start their dependent child’s FAFSA form, they should select the “Parent” option.

Step 2: Gathering Needed Documents

You might need the following information or documents as you fill out the FAFSA form:

  • Your parents’ SSNs if they have SSNs and you're a dependent student
  • Tax returns
  • Records of child support received
  • Current balances of cash, savings, and checking accounts
  • Net worth of investments, businesses, and farms

Keep these records! You may need them again. Do not mail these supporting records to us unless otherwise instructed to do so.

Review the Cost of Attendance (COA)

You can find your estimated COA on the tuition page.

The maximum amount of aid for which you apply in a year cannot exceed the COA for that year.

Step 4: Complete the Entrance Counseling

First time borrowers at Touro University must complete the Entrance Counseling. This will ensure you understand the terms and conditions of your loan and your rights and responsibilities. You will learn what a loan is, how interest works, your options for repayment, and how to avoid delinquency and default. Make sure to complete the Entrance Counseling for Graduate and Professional students.

Step 5: Sign Master Promissory Note (MPN)

First time borrowers taking out a Direct Unsubsidized Loan must complete and sign an MPN. Parent PLUS Loans and Grad PLUS loans require a separate MPN.

Once all steps are completed you will receive your financial aid offer and instructions through your student Touro email. Please monitor your Touro email account daily.

Notes on Financial Aid

In reviewing your application, we may request additional documentation.

Loan funds are disbursed directly to the University to cover the cost of tuition. The Bursar’s Office distributes refunds within 14 days of receiving the funds.

Exit Counseling

Students that are graduating, withdrawing, or dropping below half time enrollment need to complete the Exit Counseling.