by our College Data Analytics TeamA large number of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Towson University can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Towson deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Towson University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Towson University, 86% of entering full-time freshmen got some type of financial assistance roughly 2586 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $11,820 |
| Institutional grants & scholarships | 64% | $5,246 |
| Federal Pell grants | 41% | $6,005 |
| State/local grants | 37% | $7,628 |
| Federal student loans | 45% | $4,678 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Towson, approximately 63% of undergraduate students received gift aid averaging $11,474 (across roughly 10339 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $11,474 |
| Federal Pell grants | 36% | $5,690 |
| Federal student loans | 42% | $6,305 |
For on-campus title-IV students, average grant aid came to $11,122.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,377 |
| $30,001 – $75,000 | $13,717 |
| Over $75,000 | $24,267 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,413 |
| Off-campus title-IV students | $16,791 |
To project your own net price, use Towson’s NPC: www.towson.edu/admissions/tuition/calculator.html.
Graduating students at Towson carry a median federal student debt of $15,362 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,362 |
| Median federal debt (graduates only) | $18,718 |
| Typical 10-year monthly payment (graduates) | $198.44/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Towson.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $7,283 |
| 75th percentile | $23,991 |
| 90th percentile (highest-debt students) | $29,750 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,616 |
| Middle income | $16,018 |
| High income | $15,370 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,250 |
| Continuing-generation students | $15,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $17,283 |
The figure below distills the debt data into a single burden category for Towson.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Towson:
| Metric | Value |
|---|---|
| Stafford loan recipients | 55227 |
| Total Stafford loan amount | $1,003,250,320 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 322 |
| Total GI Bill amount | $3,107,473 |
| Average GI Bill amount per recipient | $9,651 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 68 |
| Total DoD amount | $235,816 |
| Average DoD amount per recipient | $3,468 |
References
More about our data sources and methodologies.