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National Application Center :: campus tours :: Towson University costs & financial aid

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Towson University

Towson University
8000 York Road
Towson, MD 21252-0001

Official telephone: (410) 704-2000
Website: www.towson.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: David Horne,
Director of Financial Aid
Contacting the office: 410 704-4236
410 704-2584 (fax)
finaid@towson.edu
FAFSA number: 002099

EXPENSES
Undergraduate tuition: $6,560; $18,228 out-of-state
Additional required fees: $2,848
Book fees: $1,080
Miscellaneous expenses: $3,094
Other expenses: Transportation and personal expenses.

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 15yesN/A
State Aid FormFebruary 15yesN/A

Date award notification begins: March 21
Applied for financial aid:
87% of first-year students
73% of full-time undergraduates
49% of part-time undergraduates
Determined to have financial need:
68% of first-year students
76% of full-time undergraduates
85% of part-time undergraduates
Students determined to have financial need who received any financial aid:
93% of first-year students
95% of full-time undergraduates
87% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
60% of first-year students
68% of full-time undergraduates
72% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
74% of first-year students
74% of full-time undergraduates
63% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
48% of first-year students
26% of full-time undergraduates
6% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
14% of first-year students
11% of full-time undergraduates
7% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
57% for first-year students
59% for full-time undergraduates
46% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$10,050 for first-year students
$9,937 for full-time undergraduates
$5,616 for part-time undergraduates
Average need-based gift award:
$8,290 for first-year students
$8,259 for full-time undergraduates
$4,208 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,611 for first-year students
$4,205 for full-time undergraduates
$3,892 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,194 for first-year students
$4,042 for full-time undergraduates
$3,864 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
11% of first-year students
7% of full-time undergraduates
1% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$5,206 for first-year students
$5,014 for full-time undergraduates
$1,880 for part-time undergraduates
Students who received a non-need-based athletic award:
3% of first-year students
2% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$8,800 for first-year students
$9,566 for full-time undergraduates
$2,794 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 3%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: yes
First-year loan package range: $200 - $36,274
Undergraduate loan package range: $200 - $36,274
Percent of undergraduates who have borrowed through all loan programs: 63%
Average student debt upon graduation: $25,785
Types of payment plans:
  • Nelnet.
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $40 - $43,535
Undergraduate scholarship/grant award range: $40 - $46,158
Percent of scholarship aid awarded to out-of-state students: 22%

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