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TOWSON UNIVERSITY

Towson University
8000 York Road
Towson, MD 21252-0001

Official telephone: (410) 704-2000

Website: www.towson.edu


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Screen last updated on: September 10, 2007

The financial aid information below is valid for the 2007 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Vince Pecora,
Director of Financial Aid
Contacting the office: 410 704-4236
410 704-2584 (fax)
FAFSA number: 002099

EXPENSES
Undergraduate tuition: $5,180; $15,120 out-of-state
Tuition notes: in-state tuition based on $225 per credit hour0, out-of-state tuition based on $566 per credit hour0
Additional required fees: $2,054
Book fees: $912
Miscellaneous expenses: $3,654
Combined room and board expenses: $7,986 - $7,986

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAJanuary 31yesN/A

Date award notification begins: March 15
Applied for financial aid:
71% of first-year students
58% of full-time undergraduates
35% of part-time undergraduates
Determined to have financial need:
65% of first-year students
72% of full-time undergraduates
85% of part-time undergraduates
Students determined to have financial need who received any financial aid:
95% of first-year students
95% of full-time undergraduates
84% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
67% of first-year students
68% of full-time undergraduates
66% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
67% of first-year students
72% of full-time undergraduates
70% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
46% of first-year students
33% of full-time undergraduates
24% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
20% of first-year students
19% of full-time undergraduates
14% 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):
64% for first-year students
66% for full-time undergraduates
54% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$7,320 for first-year students
$7,887 for full-time undergraduates
$4,946 for part-time undergraduates
Average need-based gift award:
$6,127 for first-year students
$5,710 for full-time undergraduates
$2,888 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$2,937 for first-year students
$3,709 for full-time undergraduates
$3,659 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$2,875 for first-year students
$3,640 for full-time undergraduates
$3,627 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
7% of first-year students
3% of full-time undergraduates
0% 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):
$4,532 for first-year students
$4,000 for full-time undergraduates
$1,000 for part-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
1% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$7,875 for first-year students
$10,398 for full-time undergraduates
$0 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: $2,758 - $3,097
Undergraduate loan package range: $3,584 - $3,832
Percent of undergraduates who have borrowed through all loan programs: 49%
Average student debt upon graduation: $12,472
Types of payment plans:
  • Academic Management Services (AMS)
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
First-year scholarship/grant award range: $5,356 - $8,464
Undergraduate scholarship/grant award range: $5,243 - $6,798
Percent of scholarship aid awarded to out-of-state students: 14%



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