Towson University Financial Aid

Towson University Tuition and Financial Aid

September 4, 2021 by Prasanthi Leave a Comment

Towson University Tuition And Expenses

Cost of Attendance	In-state: $26,418 Out-of-state: $38,864
Tuition and Fees	In-state: $9,694 Out-of-state: $22,140
Room and Board	$12,544
Books and Supplies	$1,080
Other Expenses	$3,100
Payment Plans	Credit card, installment plan

Towson University Applying For Financial Aid

Financial Aid Office
E-mail	finaid@towson.edu
Web Site	Financial Aid Web Site
Net Price Calculator URL	Net Price Calculator URL

Application Process
Application Deadline	Priority deadline January 20
Award Notification	On a rolling basis beginning March 21
Methodology for Awarding Institutional Aid	Federal Methodology

Forms Required	Cost to File
FAFSA Code is 002099	Free
State Aid Form

Towson University Profile Of 2016-17 Financial Aid

Freshmen
Financial Aid Applicants	2,331 (84.8%) of freshmen
Found to Have Financial Need	1,615 (69.3%) of applicants
Received Financial Aid	1,518 (94.0%) of applicants with financial need
Need Fully Met	153 (10.1%) of aid recipients
Average Percent of Need Met	55%
Average Award	$10,131
Need-Based Gift	Received by 838 (55.2%) of aid recipients, average amount $9,832
Need-Based Self-Help	Received by 1,183 (77.9%) of aid recipients, average amount $3,632
Merit-Based Gift	Received by 593 (39.1%) of aid recipients
Merit-Based Gift	202 (7.3%) of freshmen had no financial need and received merit aid, average amount $4,948

All Undergraduates
Financial Aid Applicants	11,997 (71.7%) of undergraduates
Found to Have Financial Need	9,220 (76.9%) of applicants
Received Financial Aid	8,834 (95.8%) of applicants with financial need
Need Fully Met	878 (9.9%) of aid recipients
Average Percent of Need Met	58%
Average Award	$10,201
Need-Based Gift	Received by 5,726 (64.8%) of aid recipients, average amount $8,715
Need-Based Self-Help	Received by 6,756 (76.5%) of aid recipients, average amount $4,256
Merit-Based Gift	Received by 2,360 (26.7%) of aid recipients
Merit-Based Gift	1,082 (6.5%) of undergraduates had no financial need and received merit aid, average amount $5,362

Borrowing
2016 Graduates Who Took Out Loans	61%
Average Indebtedness of 2016 Graduates	$25,483
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid	11.0%
Parents of Students Not Receiving Aid	5.0%

Towson University Financial Aid Programs

Loans
Federal Loans	Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans
Other Loans

Scholarships and Grants
Need-Based Available	Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available	Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, State scholarships, ROTC scholarships, Alumni affiliation scholarships, Leadership scholarships

Non-Need Awards
Academic Interest/Achievement Award Areas	English, Foreign Languages, Home Economics, Mathematics, Physical Sciences, Biological Sciences, Business, Communication, Computer Science, Education
Number of Awards	1,970
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas	Art/Fine Arts, Cinema/Film/Broadcasting, Dance, Debating, Music, Performing Arts, Theater/Drama
Number of Awards	144
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas	Community Service, Memberships
Number of Awards	179
Top Areas (By Money Awarded)
Special Characteristics Award Areas	Adult Students, Children and Siblings of Alumni, Children of Faculty/Staff, Ethnic Background, First-Generation College Students, Handicapped Students, International Students, Members of Minorities, Previous College Experience, Veterans
Number of Awards	491
Top Areas (By Money Awarded)

Employment
Work-Study Programs	Federal work study available
Average Earnings from On-Campus Employment	$1,752