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Financial Aid Application Process For Continuing & New Students

Applying for financial aid, which must be done annually, can be simplified by following the steps below. Please note that you must also be registered before aid can be processed.

Step 1: File your Federal Income Tax Return

Complete your federal income tax return. You must wait a minimum of 4 weeks, after completing your tax returns before applying for FAFSA. If you are married and did not file jointly, your spouse's income information is also required. If you are not required to file a federal tax return, you must contact the IRS for a Statement of Non-Filing.

Step 2: Apply for a PIN (Personal Identification Number)

Apply for a Personal Identification Number (PIN) at www.PIN.ed.gov. This will allow you to sign your FAFSA application electronically. If you already have a PIN, you do not need to re-apply for another.

Step 3: Fill out a Free Application for Federal Student Aid (FAFSA) on or after January 1st

Complete the Free Application for Federal Student Aid (FAFSA) online at www.FAFSA.ed.gov. Make sure to select school code 010142 (Touro College - New York).

Step 4: Review your Student Aid Report (SAR) for errors

When you receive your Student Aid Report (SAR), please make any corrections that might be needed. Provide the Financial Aid Office any required documentation as indicated on your SAR. For example: citizenship or verification documentation.

Step 5: Review the Cost of Attendance (COA)

Review the COA to determine how much loans you will need to apply for.

Step 6: Complete the Financial Aid Packet & Student Loan Request Statement

Students interested in taking out Federal Student Loans should complete the financial aid forms. To obtain these forms, please contact the Financial Aid Advisor for the Graduate School of Business.

Step 7: Sign Electronic Master Promissory Note (eMPN)

If you are a first time borrower at Touro College, you must go online at www.studentloans.gov and e-sign an eMPN in order for your funds to disburse.

Step 8: Take the Entrance & Exit Tests