In 2022, tuition for full-time Towson University students was $7,238 a year for in-state students and $23,240 a year for out-of-state students.
On average, colleges raise tuition about 3% each year.
Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college feel more doable until you're done with college.
Tuition for international students at Towson University is $23,240 per year.
Towson University is a public, state institution, which means it offers a reduced tuition rate of $7,238 for students who qualify as state residents and attend full-time.Non-Maryland residents can expect to pay 23,240 per year for tuition.
Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for students who are residents of that state.
Choosing an insitution where you qualify for in-state tuition can save on the overall cost of college. Don't forget to verify your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on where you live.
Explore other Maryland colleges
Towson University has the same tuition for international students as for those from out of state.
International students at Towson University usually pay around $23,240 per year, before any scholarships, grants or other financial aid.
International students usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities..
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to 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.
Room and board at Towson University is $13,642 a year. This includes 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 facilities.
Meal-plan costs vary based on on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.
Keep in mind, there could also be optional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer resources for students with demonstrated need to find ways to lower or eliminate these fees.
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 own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation. At Towson University, freshman are not allowed to park on campus.
A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in an urban area is often costly, but cities may offer more trains, busses or low-cost flight options to actually get to school. Towson Universityis in a suburban setting in Maryland, not far from Baltimore and Washington and DC.
When estimating your budget for college, don’t forget to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Towson University.
What will the cost of attending Towson University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$13,642|
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.
In 2022, 8,315 of the 17,907 undergrads enrolled received financial aid. Towson University meets 58% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $13,109 a year. Around 65% 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 $28,044 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Towson University Students|
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.
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 2022, Towson University awarded 5,565 need-based scholarships to students, giving away total of $67.8 million to help students with financial need cover the cost of school. An additional $15.96 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 $13,109 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Towson University seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$-1,331|
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 get a better idea of 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.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for 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 if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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