How Touro's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Touro University since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,745, which is 76.33 % of all undergraduate students. 2,014 students which is 32.22% of undergraduate students received federal student loans and the average loan amount is $7,823.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	5,404 (79%)	$8,425	3,139 (46%)	$4,463	1,892 (28%)	$7,818
2014-15	5,014 (77%)	$6,180	1,713 (26%)	$4,288	2,636 (41%)	$5,941
2015-16	5,228 (78%)	$8,989	2,951 (44%)	$4,567	4,144 (62%)	$7,050
2016-17	5,042 (71%)	$8,646	2,717 (38%)	$4,533	1,777 (25%)	$8,207
2017-18	4,993 (78%)	$9,631	2,919 (45%)	$5,034	1,802 (28%)	$8,418
2018-19	4,621 (77%)	$9,995	2,608 (44%)	$5,252	1,593 (27%)	$8,832
2019-20	4,557 (80%)	$13,475	2,146 (38%)	$4,912	1,521 (27%)	$7,970
2020-21	4,086 (74%)	$9,846	1,943 (35%)	$5,159	1,473 (27%)	$8,272
2021-22	3,760 (73%)	$10,083	1,729 (34%)	$5,015	1,290 (25%)	$7,902
Average	4,745 (76.33%)	$9,474	2,429 (38.89%)	$4,803	2,014 (32.22%)	$7,823

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 450 (86.11 % of students) received grants or scholarships and its average amount is $9,384. It can cover 48.05% of tuition & fees ($19,528).

In addition, 98 (19.00 % of students) students get helped from the students loans (average amount : $6,592).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	594 (83%)	$8,684	112 (16%)	$7,003
2014-15	596 (91%)	$8,019	128 (19%)	$7,094
2015-16	308 (88%)	$9,996	80 (23%)	$7,008
2016-17	304 (73%)	$6,815	53 (13%)	$7,971
2017-18	439 (89%)	$10,265	103 (21%)	$6,046
2018-19	409 (87%)	$10,599	80 (17%)	$6,261
2019-20	505 (88%)	$10,346	111 (19%)	$6,086
2020-21	463 (88%)	$9,787	115 (22%)	$5,845
2021-22	428 (88%)	$9,941	100 (21%)	$6,014
Average	450 (86.11%)	$9,384	98 (19.00%)	$6,592

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 258 (49.33 % of students) received Pell (federal) grants and its average amount is $4,996.

In addition, 235 students received State/local government grants/scholarships (44.56 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	457 (64%)	$4,162	31 (4%)	$355	398 (56%)	$3,406	453 (63%)	$4,172
2014-15	386 (59%)	$4,625	62 (9%)	$447	375 (57%)	$2,061	577 (88%)	$3,801
2015-16	216 (62%)	$4,952	47 (13%)	$473	210 (60%)	$3,674	308 (88%)	$3,946
2016-17	214 (52%)	$4,919	30 (7%)	$567	129 (31%)	$3,085	194 (47%)	$3,113
2017-18	252 (51%)	$5,254	24 (5%)	$1,967	253 (52%)	$3,688	439 (89%)	$5,016
2018-19	188 (40%)	$5,619	13 (3%)	$1,923	177 (38%)	$3,229	400 (85%)	$6,705
2019-20	228 (40%)	$5,114	367 (64%)	$656	230 (40%)	$3,324	490 (85%)	$6,232
2020-21	191 (36%)	$5,259	65 (12%)	$1,834	176 (33%)	$3,111	461 (88%)	$6,204
2021-22	192 (40%)	$5,064	65 (13%)	$1,863	166 (34%)	$3,591	423 (87%)	$6,065
Average	258 (49.33%)	$4,996	78 (14.44%)	$1,121	235 (44.56%)	$3,241	416 (80.00%)	$5,028

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 98 (19.00 % of students) get any students loan help and its average loan amount is $98.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	112 (16%)	$7,003	112 (16%)	$7,003	-	-
2014-15	128 (19%)	$7,094	128 (19%)	$7,094	-	-
2015-16	80 (23%)	$7,008	80 (23%)	$7,008	-	-
2016-17	53 (13%)	$7,971	53 (13%)	$7,679	2 (0%)	$7,750
2017-18	103 (21%)	$6,046	100 (20%)	$5,605	8 (2%)	$7,778
2018-19	80 (17%)	$6,261	78 (17%)	$5,949	3 (1%)	$12,292
2019-20	111 (19%)	$6,086	104 (18%)	$5,617	13 (2%)	$7,035
2020-21	115 (22%)	$5,845	112 (21%)	$5,547	6 (1%)	$8,488
2021-22	100 (21%)	$6,014	98 (20%)	$5,307	5 (1%)	$16,258
Average	98 (19.00%)	$6,592	96 (18.56%)	$6,312	6 (1.40%)	$9,934

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Scholarships, Grants, and Loan Trends at Touro

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time