Grants and scholarships are additional sources of financial aid that you do not have to pay back.
Grants are money that doesn't have to be repaid and is usually based on financial need. They are available from federal and New York State governments. To Apply you need to file a FAFSA and a TAP application to receive New York State Aid.
There are a number of federal grants that are automatically awarded to students who submit a FAFSA.
A Federal Pell Grant is a type of grant that provides funds to help pay for school. Pell Grants are typically awarded to undergraduate students who display exceptional financial need. Unlike federal student loans, Pell Grants don’t have to be paid back except under certain circumstances.
Every year, the federal government updates the maximum Federal Pell Grant award amount. For the 2024–25 award year, the maximum Pell Grant award is $7,395. These funds can be used to pay for school-related expenses at eligible two-year community colleges, career schools, trade schools, online schools, and four-year colleges and universities. You can receive Pell Grants for up to 12 full-time terms or about six years.
Some students may be able to receive up to 150% of their yearly Pell Grant award if they attend an additional school term. This is often called “year-round Pell.” For example, if you were awarded a $3,000 Pell Grant, you’d likely receive $1,500 in both your fall and spring semesters. But you may qualify for another Pell Grant of up to $1,500 if you enroll at least half-time during the summer semester.
Any undergraduate student, regardless of age, who hasn’t earned a bachelor’s, graduate, or professional degree may be eligible for a Federal Pell Grant if they have financial need and meet a few basic requirements.
Don’t let the term “financial need” make you assume that you won’t qualify for a Pell Grant. Your eligibility for a Pell Grant is based on more than just your (or your family’s) income. The federal government will also consider your family size, tax filing status, and the federal poverty guidelines to determine your eligibility for a Pell Grant.
If you already completed the 2024–25 FAFSA form, you’ll be able to find your estimated Pell Grant award on your FAFSA Submission Summary. If you haven’t submitted your FAFSA form yet, you can see how much in Pell Grant funds you may qualify for by using the Federal Student Aid Estimator.
Federal Supplemental Educational Opportunity Grants are awarded to undergraduate students who demonstrate extraordinary financial need relative to other applicants at the institution, with priority given to Pell Grant recipients. Awards are based on availability of funds and are granted at the discretion of the institution. FSEOG awards at Touro University range between $100 and $2,000 per academic year.
Touro University provides over a million dollars in scholarships and grants annually. Students must apply each year to receive any kind of need-based aid, including the Presidential Scholarship.
Maximum Annual Award: $6,500
Students with exceptional high school scholastic records and SAT scores are automatically considered for a merit scholarship. These scholarships are renewable for up to four years while maintaining a 3.3 GPA.
Maximum Annual Award: $7,500 to full tuition
Students admitted to the Honors Program are automatically considered for this merit-based scholarship.
Covers full tuition and housing
Each year LCW awards full tuition and housing to up to five students accepted to the honors program who have demonstrated extraordinary academic achievement and leadership.
Maximum Annual Award: $5,000
Dean’s scholarships may be awarded to students who demonstrate need. The applicant’s family income, family size, and special circumstances are considered. Fill out the additional Fill out the additional application form and contact the Admissions, Financial Aid, or Dean’s office with any questions. This scholarship needs to be applied for each academic year.
Maximum Annual Award: $1,600
Touro Grants are awarded on the basis of financial need to matriculated undergraduate students who are enrolled on a full-time or part-time basis and are in good academic standing and whose tuition costs are not fully covered. Touro Grants will not be awarded to cover additional tuition charges for students enrolled for more than 18 credits per semester.
