The Office of the Bursar also handles refunds due to overpayment or as proceeds of your loans. All refunds are issued within 14 days after receipt of your funds at the school or within 14 days after the first day of classes, whichever is later. If you paid by credit card, your credit card will be refunded.

Because of the wide variety of funding options, some students may receive aid packages that exceed tuition and fees. Our office processes refund checks to those students, to use toward living expenses.

We make sure that tuition overpayments of any type are promptly refunded to students, in accordance with Federal and State guidelines on satisfactory attendance and academic progress.

Should a refund check generated by Institutional funds which is issued to a student remain unclaimed for one (“1”) year, Touro reserves the right, in its sole discretion, to make adjustments to any internal funds which remain on a student’s account as unclaimed. The student shall not have any right to the adjusted funds.

Refund disbursements

You have two options to receive your refund.

  1. Direct Deposit
  2. Paper Check

Students choosing ACH/Direct Deposit will have funds electronically deposited in the bank account of choice. Have your checking account routing number and account number available to sign up.

To sign up for direct deposit, login to the TouroOne portal, click on Financial Services, click on Access TouchNet, click on eRefund and Set Up account. All future disbursement will be sent to your bank account unless you change your preference.

Having your address updated at all times is important.

If you are not receiving your refund by direct deposit, the bursar’s office will notify students by e-mail when their refund check is available.