Towson University

www.towson.edu/

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2021 Undergraduate Tuition

$7,100

1.98% growth from 2020

2021 Average Net Price

$11,076

After Financial Aid

2019 Student Loan

1.8%

Default Rate

2021 Acceptance Rate

87.9%

11,616 Applicants

2021 Enrolled Students

20,856

79.2% Full-Time

2021 Graduation Rate

72.3%

1,956 Graduates

About

Towson University is a higher education institution located in Baltimore County, MD. In 2021, the most popular Bachelors Degree concentrations at Towson University were General Business Administration & Management (562 degrees awarded), General Psychology (381 degrees), and Registered Nursing (326 degrees).

In 2021, 6,027 degrees were awarded across all undergraduate and graduate programs at Towson University. 64.1% of these degrees were awarded to women, and 35.9% awarded men. The most common race/ethnicity group of degree recipients was white (3,368 degrees), 2.8 times more than then the next closest race/ethnicity group, black or african american (1,204 degrees).

The median undergraduate tuition at Towson University is $7,100, which is $−16,084 less than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Towson University is $7,100, which is $−16,084 less than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $11,076.

In 2021, 65% of undergraduate students attending Towson University received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Tuition Costs

$7,100

2021 Undergraduate Tuition

In 2021, the cost of tuition at Towson University was $7,100. The cost of tuition at Towson University is $−16,084 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

This chart compares the tuition costs of Towson University (in red) with those of other similar universities.

Average Net Price

$11,076

2021 Value

31.1%

1 Year Growth

In 2021 Towson University had an average net price — the price paid after factoring in grants and loans — of $11,076. Between 2020 and 2021, the average net price of Towson University grew by 31.1%.

This chart compares the average net price of Towson University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$14,052

Room and Board

$1,080

Books and Supplies

The average yearly cost of room and board at Towson University was of $14,052 in 2021. The cost of room and board increased by 9.39% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,080. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Towson University (in red) with that of similar universities.

Financial Aid by Income Level

65%

Undergraduates Receiving Financial Aid through Grants

42%

Undergraduates Receiving Financial Aid through Loans

65% of undergraduate students at Towson University received financial aid through grants or loans in 2021. This represents a growth of 16.1% with respect to 2020, when 56% of undergraduate students received financial aid.

This chart compares the average award discount at Towson University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.8%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Towson University was 1.8%, which represents 80 out of the 4453 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Towson University received 11,616 undergraduate applications in 2021, which represents a 5.52% annual growth. Out of those 11,616 applicants, 10,213 students were accepted for enrollment, representing a 87.9% acceptance rate.

There were 20,856 students enrolled at Towson University in 2021. 28% of first-time enrollees submitted SAT scores with their applications.

Towson University has an overall enrollment yield of 25.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

87.9%

Acceptance Rate in 2021

10,213

Accepted Out of 11,616

In 2021, the undergraduate acceptance rate of Towson University was 87.9% (10,213 admissions from 11,616 applications). This is higher than the acceptance rate of 2020, which was 78.8%. Between 2020 and 2021, the number of applicants grew by 5.52%, while admissions grew by 5.41%..

This chart compares the acceptance rate of Towson University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

28%

Submission Percentage (2021)

716

Scores Submitted (2021)

28% of enrolled first-time students at Towson University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Towson University had a total enrollment of 20,856 students in 2021. The full-time enrollment at Towson University is 16,519 students and the part-time enrollment is 4,337. This means that 79.2% of students enrolled at Towson University are enrolled full-time.

The enrolled student population at Towson University, both undergraduate and graduate, is 48.6% White, 26.4% Black or African American, 8.99% Hispanic or Latino, 6.28% Asian, 5.14% Two or More Races, 0.0863% American Indian or Alaska Native, and 0.0575% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Towson University in full-time Undergraduate programs are most commonly White Female (27%), followed by White Male (19.5%) and Black or African American Female (18.4%). Students enrolled in full-time Graduate programs are most commonly White Female (48.4%), followed by Black or African American Female (12.3%) and White Male (10.1%).

Full-Time vs Part-Time Enrollment

79.2%

Full-Time Enrollment

The total enrollment at Towson University in 2021, both undergraduate and graduate, is 20,856 students. The full-time enrollment at Towson University is 16,519 and the part-time enrollment is 4,337. This means that 79.2% of students enrolled at Towson University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Towson University (in red) compares to similar universities.

Retention Rate over Time

85%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Towson University was 85%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Towson University had a retention rate higher than its peers.

This chart shows the retention rate over time at Towson University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
10,131 enrolled students
Black or African American
5,512 enrolled students
Hispanic or Latino
1,875 enrolled students

The enrolled student population at Towson University is 48.6% White, 26.4% Black or African American, 8.99% Hispanic or Latino, 6.28% Asian, 5.14% Two or More Races, 0.0863% American Indian or Alaska Native, and 0.0575% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 564 students (2.7%) did not report their race.

Graduates

In 2021, 1,701 more women than men received degrees from Towson University. The most common race/ethnicity group of degree recipients at Towson University is white (3,368 degrees awarded). There were 2.8 times more white recipients than the next closest race/ethnicity group, black or african american (1204 degrees).

The most common Bachelor's Degree concentration at Towson University is General Business Administration & Management (562 degrees awarded), followed by General Psychology (381 degrees) and Registered Nursing (326 degrees).

In 2021, the most specialized majors across all degree types at Towson University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communications (472 degrees awarded), Parks, Recreation, & Leisure (251 degrees), and Computer and Information Sciences and Support Services (603 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Towson University are Elementary & middle school teachers (1,777,942 people), Software developers (523,854 people), Secondary school teachers (457,725 people), Other managers (365,707 people), and Education administrators (328,710 people).

The most specialized majors at Towson University in 2021 are Communications (472 degrees awarded), Parks, Recreation, & Leisure (251 degrees), Computer and Information Sciences and Support Services (603 degrees), EDUCATION. (765 degrees), and Psychology (448 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Towson University are Surgeons, Nuclear medicine technologists and medical dosimetrists, Physicians, Cardiovascular technologists and technicians, and Architectural & engineering managers

The most specialized majors at Towson University are Communications (472 degrees awarded), Parks, Recreation, & Leisure (251 degrees), Computer and Information Sciences and Support Services (603 degrees), EDUCATION. (765 degrees), and Psychology (448 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Towson University are Elementary & secondary schools (3,160,660 people), Computer Systems Design (693,763 people), Colleges, universities & professional schools, including junior colleges (547,143 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (408,006 people), and Outpatient care centers (230,494 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Towson University.

Most Common (2021)

General Business Administration & Management
562 degree-majors awarded
General Psychology
381 degree-majors awarded
Registered Nursing
326 degree-majors awarded

In 2021, the most common bachelors degree concentration at Towson University was General Business Administration & Management with 562 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Towson University according to their major.

Sex Breakdown for Common Majors

2,163

Degrees Awarded to Men

in 2021

3,864

Degrees Awarded to Women

in 2021

In 2021, 2,163 degrees were awarded to men at Towson University, which is 0.56 times less than the number of degrees awarded to females (3,864).

This chart displays the sex disparity between the top 5 majors at Towson University by degrees awarded.

Most Common Male Majors

In 2021, 341 degrees were awarded to men at Towson University in General Business Administration & Management, which is 1.54 times more than the 221 female recipients with that same degree.

Most Common Female Majors

In 2021, 354 degrees were awarded to men at Towson University in General Psychology, which is 4.6 times more than the 77 male recipients with that same degree.

Time to Complete

48%

100% Completion Time

71%

150% Completion Time

In 2021, 48% of students graduating from Towson University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 72% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Towson University is Male and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 3.17% of graduates (62 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
3,368 degrees awarded
Black or African American
1,204 degrees awarded
Hispanic or Latino
433 degrees awarded

The most common race/ethnicity at Towson University is white (3,368 degrees awarded). There were 2.8 times more white recipients than the next closest race/ethnicity group, black or african american (1204 degrees).

1.71% of degree recipients (103 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
2,137 degrees awarded
White Male
1,231 degrees awarded
Black or African American Female
818 degrees awarded

The most common race/ethnicity and sex grouping at Towson University is white female (2,137 degrees awarded). There were 1.74 times more white female recipients than the next closest race/ethnicity group, white male (1231 degrees).

Operations

Towson University has an endowment valued at nearly $113M, as of the end of the 2021 fiscal year. The return on its endowment was of 3.42M (3.02%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Towson University had a total salary expenditure of 438M. Towson University employs 247 Professors, 220 Associate professors and 211 Lecturers. Most academics at Towson University are Male Professor (133), Female Lecturer (131), and Female Assistant professor (131).

The most common positions for non-instructional staff at Towson University are: Business and Financial Operations, with 306 employees, Management, with 293 employees, and Office and Administrative Support with 230 employees.

Endowment

$113M

2021 Endowment

25.4%

growth from 2020

Towson University has an endowment valued at about $113M, as of the end of the 2021 fiscal year. The endowment of Towson University grew 25.4% from the previous year. The value of their endowment was $62.8M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Towson University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$781k - Federal
$2.07M - State
$2.42k - Local

As of 2021, Towson University received $781k in grants and contracts from the federal government, $2.07M from state grants and contracts, and $2.42k from local grants and contracts.

Salary Expenditure

$197M

2021 Salaries

2.71%

growth from 2020

In 2021, Towson University paid a median of $197M in salaries, which represents 45% of their overall expenditure ($438M) and a 2.71% growth from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$72.4M

Instructional Salaries

887

Number of Employees

In 2021, Towson University paid a total of $72.4M to 887 employees working as instructors, which represents 36.8% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

247 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

306 Employees

In 2021, the most common positions for instructional staff at Towson University were Professor with 247 employees, Associate professor with 220 employees, and Lecturer with 211 employees.

In 2021, the most common positions for non-instructional staff at Towson University were Business and Financial Operations with 306 employees, Management with 293 employees, and Office and Administrative Support with 230 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Lecturer
Female Assistant professor

In 2021, the most common demographic for instructional staff at Towson University was Male Professor with 133 employees, Female Lecturer with 131 employees, and Female Assistant professor with 131 employees.

This chart shows the sex split between each academic rank present at Towson University.