How to Apply

New and continuing students must apply for Federal Financial Aid every year.

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.

Apply for Aid in 6 Steps

Step 1: Create your FSA ID
If you haven’t done so previously, you will need to create your own FSA ID account to complete federal student aid tasks. 

Step 2: Complete the Free Application for Federal Student Aid (FAFSA) on or after October 1st

Step 3: Review the Cost of Attendance (COA)
The maximum amount of aid applied for in a year cannot exceed the COA for that year.

Step 4: Complete the Entrance Counseling
First time borrowers at NYSCAS 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 Undergraduate students. 

Step 5: Sign Master Promissory Note (MPN)
First time borrowers taking out a Direct Subsidized and/or Unsubsidized Loan must complete and sign an MPN. Parent PLUS Loans require a separate MPN.

Step 6: Complete the Annual Student Loan Acknowledgment (ASLA) *New for the 21-22 Academic

Complete an Annual Student Loan Acknowledgment each year you accept a new federal student loan.

Once all steps are completed you will receive your financial aid offer and instructions through your student Touro College 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 College to cover the cost of tuition. The Bursar’s Office distributes credit balance refunds within 14 days of receiving the funds.

Entrance and Exit Counseling

Incoming students and first-time loan borrowers need to complete and pass the Entrance Counseling before applying for federal student loans.

Once you have successfully completed the session, your results will be sent electronically to the Financial Aid Office and we will proceed with certifying your loan. Please print a copy of the entrance counseling results for your records.

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

Policies and Procedures

Before applying for financial aid, please be aware of our financial aid policies:

Awarding Policy

Disbursement Procedure

Financial Aid Reference Documents

Professional Judgment Procedure

Reporting Fraud Procedure

Student Loan Code of Conduct

Verification Procedure

Satisfactory Academic Progress Policy

Repayment of Federal Funds Procedure for Students who Withdraw or Cease Attending