Application Process for 2017 - 2018
Summer 2017, Fall 2017, & Spring 2018
You can simplify your annual application for financial aid by following the steps below. Please note that you must also be registered in at least six credits per semester to be eligible for federal aid.
Please follow these steps to begin the process for Summer 2017, Fall 2017, & Spring 2018:
Step 1: Create a FSA ID - This has replaced the Federal Student Aid PIN on May 10,
Apply for a FSA ID online at www.FAFSA.gov or www.studentloans.gov If you already have a FSA ID, you do not need to re-apply for another. Keep a record of your FSA ID for future use.
Step 2: Gather your materials. (For the 17/18 filing year only)
You will use your 2015 income for 17/18 as you did for 16/17. Collect records showing your current balance of cash, savings, and checking accounts along with net worth of your investments. Do not report the value of your home or retirement plan(s) on the FAFSA.
Step 3: Fill out a Free Application for Federal Student Aid (FAFSA) for 2017 - 2018.
Complete and submit a 2017 - 2018 Free Application for Federal Student Aid (FAFSA). Select school code 041426. The school shown will be Touro University California. If married at the time you complete your FAFSA, you also need to include your spouse’s income information on the FAFSA. Make sure to print the confirmation page, indication that you completed your FAFSA and retain this document for your file.
Do not select the “Will File” status and complete the FAFSA using estimated tax information. The Financial Aid Office will not award your financial aid until you have filed your federal tax return if you are required to file.
For additional help, please check out The Five-Minute FAFSA Video
Step 4: Review your Student Aid Report for errors.
When you receive your Student Aid Report (SAR) please make any corrections that might be needed. Check your SAR for any required documentation you need to send to the Financial Aid Office. For example: citizenship or verification documentation.
Step 5: Submit Required Documentation.
Send in any required documentation to the Office as indicated on your Student Aid Report (SAR). The financial aid office will contact you if additional documents are needed.
Step 6: Check out the Cost of Attendance of your program.
The 2017 - 2018 Cost of Attendance (COA) budgets are available for all programs. These will assist you in determining the maximum amount you can borrow for your year in your program.
To check Federal Loan Balances, please go to the National Student Loan Data System (NSLDS) website. You will need your FSA ID to access your account.
Step 7: Complete Entrance Counseling
First time Direct loan Subsidized/Unsubsidized and Grad PLUS borrowers at Touro University California must complete Entrance Counseling before applying for student loans. Entrance Counseling is an online tutorial that teaches students about their rights and responsibilities as loan borrowers. Go to Studentloans.gov and sign in using your FSA ID.
Step 8: Go online and e-sign your electronic Master Promissory Note (eMPN).
First time borrowers at Touro University California must complete the Loan Agreement (MPN) with the Department of Education at Studentloans.gov in order for their funds to disburse. Your Master Promissory Note can be signed using school code 041426. Students should complete both the Subsidized/Unsubsidized Loan and the Grad PLUS Loan. Please sign your eMPN at least 10 days before class begins or your funds will be delayed.
Step 9: Private Alternative loan.
You can compare private loan terms side by side and review loan options online at Private Student Loans.
Step 10: Accept/Reduce/Decline your award in TouroOne.
Once you have fully completed all required steps, federal loans disburse to the school in equal disbursements at the beginning of each semester in the award year (per your financial aid award letter).
* If a refund of federal funds is due to you (i.e., federal loan funds exceed total tuition and fees), federal regulations allow the University fourteen business days to process the refund. Please contact the Bursar's office for additional information.
Please note that your cost of living disbursements are generally dependent upon applying and being approved for the Grad PLUS Loan or private alternative loans.
All loan funds are disbursed to the school and distributed after verification of:
* satisfactory academic progress
* registration in at least 6 credits for the semester
If you have any questions please call (707) 638-5280 or e-mail the Financial Aid Office at firstname.lastname@example.org. You can also visit us at 690 Walnut Avenue. Walk-ins are welcome, no appointment needed!
We look forward to working with you!
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