Towson University

In 2022, tuition for full-time students at Towson University was $7,382 a year for in-state students and $24,402 a year for out-of-state students.

Usually, college tuition rises about 3% year.

If this information makes going to college feel scary, remember, the advertized cost of tuition doesn't mean much if you plan to use financial aid to help pay for college. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.

International students can expect to pay 24,402 per year for tuition at Towson University.

Towson University meets 63% of the demonstrated financial need for undergraduates. First-year students that attend Towson University full-time are awarded $14,105 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $28,721 per student, not including those with no debt.

Does Towson University Offer In-State and Out-of-State Tuition?

Towson University is a public, state institution, so it offers a reduced tuition rate of $7,382 for students who qualify as state residents and attend full-time. For students who are not considered Maryland-residents, out-of-state tuition is $24,402 a year.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a college where you are eligible for the reduced tuition offered to state residentscan save students a lot of money on the overall cost of college. Don't forget to check your state's eligibility criteria for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on where you live.

Explore other Maryland colleges

Do International Students Pay More to Go to Towson University?

Towson University has the same tuition for international students as for those from out of state.

International students at Towson University can expect to pay around $24,402 per year, before any scholarships, grants or other financial aid.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Towson University-specific grants, scholarships, and other funding opportunities. International students with need may be eligible for the following types of financial support at Towson University:

•On-campus jobs •Athletic Awards •Towson University-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Towson University Room, Board, Fees, and More

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In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Towson University.

House and Food Costs at Towson University

Housing and campus dining at Towson University costs $15,214 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat all or some of your meals the Towson University's on-campus cafeterias and dining halls.

Board costs may vary depending on the number of meals you intend to eat on-campus

Cost of Books at Towson University

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways so that those with financial need to get help covering these costs.

Transportation costs

The total cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use public transportation? All of these factors can drastically impact your transportation budget. At Towson University, freshman are not allowed to park on campus.

The location of a college or university can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area can be expensive, but there may be more buses, trains or low-cost flight options to actually get to school. Towson Universityis located in a suburb in Maryland, not far from Baltimore and Washington and DC.

Other Costs

When estimating your budget for college, be sure to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Towson University

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Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending Towson University.

How Much Does Towson University Cost?

What will the cost of attending Towson University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$7,382
Out-of-State Tuition	$24,402
Room and Board	$15,214
Other expenses	$1,360

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

Towson University’s tuition and fees change based on: •Campus location for full-time and part-time students •Course load for both full and part-time students

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Financial Aid at Towson University

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In 2023, 8,022 of the 16,861 undergrads enrolled received financial aid. Towson University meets 63% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $14,105 a year. Around 62% of Towson University undergrads take out student loans to cover any remaining costs. Towson University graduates who have student loans graduate with an average of $28,721 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$20,404
Private Loans	$41,352

Most Common Loans for Towson University Students
Federal Loans	60%
Private loans	13%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Towson University financial aid, keep reading, or visit their financial aid website.

Scholarships at Towson University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Towson University awarded 5,533 need-based scholarships to students, giving away total of $73 million to help students with financial need cover the cost of school. An additional $16.94 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Towson University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Towson University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Towson University was $14,105 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Towson University seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$630
Net In-state, Off-campus	$-1,839
Out-of-State, On-Campus	$31,755

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending Towson University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Towson University's net cost calculator on their website.

Towson University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Towson University does not have guaranteed tuition.

Towson University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Towson University Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Towson University has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Towson University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Towson University's endowment was valued at $95.7 million in 2023, compared to a national average of $905 million. For each full-time student, Towson University spends about $8,506 a year.

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Learn More About Towson University

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