Financial Aid Information

Welcome to the Office of Financial Aid

At Touro University Worldwide, we are committed to providing an affordable education that leaves students with the ability to increase their earning power. In addition to keeping tuition costs low and offering discounts on required materials, we also work with students to help them receive as much financial assistance as possible. Between federal, institutional and community financial aid, we are able to provide our students with a number of options to pay for their college tuition. Our goal is to provide affordable education solutions that are attainable for any potential student.

Interactive Financial Aid Calculators

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Types of Financial Aid 

With a variety of financial aid options available to our online students, there are plenty of ways to make your education affordable. By just asking one of our financial aid advisors, we can learn what you are eligible for and help you achieve your goals.

Grants

This financial aid typically is given to a student based on need. Often from governmental sources, these awards do not have to be repaid upon completion of your course of study.

GI Bill® Benefits

Military students are eligible for education assistance via the GI Bill. These awards vary based on service time and other factors.

Learn more about your GI Bill benefits and how Touro can help you capitalize on them here

*GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at https://www.benefits.va.gov/gibill.

Loans

Loans are funds that can be borrowed at a lower interest rate for expenses associated with college. These are offered both by the federal government and private lenders, such as banks. Loans must be repaid in addition to the interest accrued during the time of the loan. Students should consider applying for federal loans because they are often offered at a lower interest rate than loans from private lenders.

Your Touro financial aid advisor can offer you guidance on loans. Contact one today.

Applying for Financial Aid at TUW 

Please review all of our eligibility requirements before you apply for financial aid, and contact us with any questions.

Citizenship

A student must be a U.S. citizen or eligible non-citizen to receive federal aid. An eligible non-citizen is defined as:

• U.S. permanent resident with a valid Alien Registration Receipt (I-151 or I-551).
• Conditional Permanent resident (I-151).
• Other eligible non-citizen with an Arrival-Departure Record (I-94) from the U.S. Immigration and Naturalization Service.
• Other eligible non-citizen with a Temporary Resident Card (I-688).

If a student is in the U.S. on an F1 or F2 student visa, only a J1 or J2 exchange visitor visa, or only a G series (pertaining to international organizations), they are not eligible for federal student aid.

Financial Aid History

Applicants must not be in default on a federal loan or in overpayment status. They cannot have exceeded annual or aggregate loan limits.

Your personal financial aid history can be obtained by visiting the National Student Loan Data System (NSLDS) website. You will need your FSA ID to access your account.

Financial Need

Applicants must demonstrate financial need.

Satisfactory Academic Progress

Students who receive financial aid must be enrolled in an eligible program and meet Satisfactory Academic Progress (SAP) as defined by their academic program.

The Financial Aid Office, in consultation with the Registrar and the Office of Student

Affairs, assesses students’ academic progress every term. Students whose cumulative GPA or/and pace does not meet the SAP standards set forth by their program will receive written notice when they are in danger of being placed on financial aid probation.

Students placed on financial aid probation may become eligible for aid again once they have improved their academic performance to meet their program’s SAP standards. Students with extenuating circumstances may file a SAP appeal with their academic advisor, and if approved will become eligible for federal aid again.

Social Security Number

Student must provide a correct Social Security Number (SSN).

Selective Service

Male students have to be registered with Selective Service to receive federal financial aid. Registration should be completed between the ages of 18 and 25.

Selective Service can be reached at (847) 688-6888 for enrollment verification.

Entrance & Exit Counseling

Incoming students and first time loan borrowers need to complete Entrance Counseling and Master Promissory Note before applying for federal student loans. Please go to www.studentloans.gov.

Students who are graduating, withdrawing, or dropping below half time enrollment need to complete the Exit Test. Please go to www.studentloans.gov, click on tools and exit interview.

Eligibility & Application

To become eligible for financial assistance with TUW, contact our financial aid office by calling 877-868-7690 or by emailing financialaid@tuw.edu to request a financial aid package. TUW’s financial aid office is available to provide personal assistance with your financial aid questions. Please specify that this is for the TUW campus. Before applying to TUW, you should complete the Free Application for Federal Student Aid (FAFSA) to determine your eligibility for financial support.

You must apply for funding each award year to maintain your benefits. You should complete the reapplication process at least 60 days before your academic year ends. For additional information, contact TUW financial aid office.