Touro College
Financial Aid Advisor
43 West 23rd Street
New York, NY 10010
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Phone: (212) 463-0400 ext 5324
Fax: (646) 495-3892
Email: nadine.ahmed@touro.edu
Mon-Thu: 9:00am - 5:30pm
Fri: 9:00am - 2:00pm
Academic Standards of Progress
Federal regulations which govern the various federal financial aid programs stipulate that in order for a student to continue to receive financial aid funding, he/she must maintain "Satisfactory Academic Progress" as defined by the institution. In the definition, the institution must establish a maximum time frame in which the student must earn the degree and divide the maximum time frame into increments not to exceed one academic year.
Any student, who, at the end of the academic year, fails to maintain satisfactory academic progress is ineligible to receive financial aid, including student loans.
Procedure
The Financial Aid Office will be responsible for assessing the financial aid eligibility status of all students by monitoring their academic progress through documentation received from the Office of the Registrar and the Office of Student Affairs.
- At the end of each semester, the Academic Office will send a written notice to students who are not maintaining cumulative GPA requirements as specified by their academic program warning them of the effects of being placed on financial aid probation. A copy of the written notice will also be sent to the academic Dean.
- If a student is placed on financial aid probation due to not meeting standards of satisfactory academic progress, the Financial Aid Office will reinstate his/her financial aid eligibility upon receipt of written confirmation from the Registrar that standards of satisfactory academic progress have been met. The Financial Aid Office will provide written notification to the student of his/her compliance with standards of satisfactory academic progress, cancellation of his/her suspension and reinstatement of aid. This notification will also be provided to the academic Dean of the college in which the student is enrolled and to the Program Director (if applicable). Financial aid eligibility will not be reinstated for preceding semesters during the academic year in which the student did not meet standards of satisfactory academic progress.