Towson University

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2022 Undergraduate Tuition
$7,238
1.94% growth from 2021
2022 Average Net Price
$14,443
After Financial Aid
2019 Default Rate
1.8%
on Student Loans
2022 Acceptance Rate
78.6%
17,770 Applicants
2022 Enrolled Students
19,793
80% Full-Time
2022 Graduation Rate
69.8%
1,917 Graduates

About

Towson University is a higher education institution located in Baltimore County, MD. In 2022, the most popular Bachelors Degree concentrations at Towson University were General Business Administration & Management (481 degrees awarded), General Psychology (421 degrees), and Registered Nursing (288 degrees).

In 2022, 5,915 degrees were awarded across all undergraduate and graduate programs at Towson University. 66.3% of these degrees were awarded to women, and 33.7% awarded men. The most common race/ethnicity group of degree recipients was white (3,282 degrees), 2.58 times more than then the next closest race/ethnicity group, black or african american (1,270 degrees).

The median undergraduate tuition at Towson University is $7,238, which is $−16,758 less than the national average for Masters Colleges and Universities ($23,996).

Costs

In 2022, the median undergraduate tuition at Towson University is $7,238, which is $−16,758 less than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $14,443.

In 2022, 68% of undergraduate students attending Towson University received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

Tuition Costs

$7,238
2022 Undergraduate Tuition

In 2022, the cost of tuition at Towson University was $7,238. The cost of tuition at Towson University is $−16,758 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

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Average Net Price

$14,443
2022 Value
30.4%
1 Year Growth

In 2022 Towson University had an average net price — the price paid after factoring in grants and loans — of $14,443. Between 2021 and 2022, the average net price of Towson University grew by 30.4%.

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.

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Other Student Expenses

$13,232
Room and Board
$1,080
Books and Supplies

The average yearly cost of room and board at Towson University was of $13,232 in 2022. The cost of room and board decreased by 5.84% between 2021 and 2022.

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.

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Financial Aid by Income Level

68%
Undergraduates Receiving Financial Aid through Grants
41%
Undergraduates Receiving Financial Aid through Loans

68% of undergraduate students at Towson University received financial aid through grants or loans in 2022. This represents a growth of 4.62% with respect to 2021, when 65% 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.

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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
80
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.

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Admissions

Towson University received 17,770 undergraduate applications in 2022, which represents a 53% annual growth. Out of those 17,770 applicants, 13,967 students were accepted for enrollment, representing a 78.6% acceptance rate.

There were 19,793 students enrolled at Towson University in 2022. 21% of first-time enrollees submitted SAT scores with their applications.

Towson University has an overall enrollment yield of 19.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.6%
Acceptance Rate in 2022
13,967
Accepted Out of 17,770

In 2022, the undergraduate acceptance rate of Towson University was 78.6% (13,967 admissions from 17,770 applications). This is lower than the acceptance rate of 2021, which was 87.9%. Between 2021 and 2022, the number of applicants grew by 53%, while admissions grew by 36.8%..

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.

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SAT Scores

21%
Submission Percentage (2022)
573
Scores Submitted (2022)

21% of enrolled first-time students at Towson University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Towson University had a total enrollment of 19,793 students in 2022. The full-time enrollment at Towson University is 15,830 students and the part-time enrollment is 3,963. This means that 80% of students enrolled at Towson University are enrolled full-time.

The enrolled student population at Towson University, both undergraduate and graduate, is 45.8% White, 27.9% Black or African American, 9.47% Hispanic or Latino, 6.45% Asian, 5.16% Two or More Races, 0.0909% American Indian or Alaska Native, and 0.0505% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Towson University in full-time Undergraduate programs are most commonly White Female (25%), followed by Black or African American Female (18.9%) and White Male (18.7%). Students enrolled in full-time Graduate programs are most commonly White Female (44.5%), followed by Black or African American Female (12.4%) and White Male (10.2%).

Full-Time vs Part-Time Enrollment

80%
Full-Time Enrollment

The total enrollment at Towson University in 2022, both undergraduate and graduate, is 19,793 students. The full-time enrollment at Towson University is 15,830 and the part-time enrollment is 3,963. This means that 80% of students enrolled at Towson University are enrolled full-time compared with 67.6% 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.

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Retention Rate over Time

82%
2022 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 82%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    9,075 enrolled students
  2. Black or African American
    5,524 enrolled students
  3. Hispanic or Latino
    1,874 enrolled students

The enrolled student population at Towson University is 45.8% White, 27.9% Black or African American, 9.47% Hispanic or Latino, 6.45% Asian, 5.16% Two or More Races, 0.0909% American Indian or Alaska Native, and 0.0505% 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 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 601 students (3.04%) did not report their race.

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Graduates

In 2022, 1,927 more women than men received degrees from Towson University. The most common race/ethnicity group of degree recipients at Towson University is white (3,282 degrees awarded). There were 2.58 times more white recipients than the next closest race/ethnicity group, black or african american (1270 degrees).

The most common Bachelor's Degree concentration at Towson University is General Business Administration & Management (481 degrees awarded), followed by General Psychology (421 degrees) and Registered Nursing (288 degrees).

In 2022,  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 Parks, Recreation, & Leisure (294 degrees awarded), Education (862 degrees), and Social Sciences (486 degrees).

Common Jobs by Major

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 (1,750,277 people), Software developers (607,543 people), Secondary school teachers (523,489 people), Other managers (473,357 people), and Lawyers, & judges, magistrates, & other judicial workers (386,770 people).

The most specialized majors at Towson University in 2022 are Parks, Recreation, & Leisure (294 degrees awarded), Education (862 degrees), Social Sciences (486 degrees), Psychology (483 degrees), and Computer and Information Sciences and Support Services (533 degrees) (as of 2022).

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Highest Paying Jobs by Major

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, Securities, commodities, & financial services sales agents, Physicians, and Cardiovascular technologists and technicians

The most specialized majors at Towson University are Parks, Recreation, & Leisure (294 degrees awarded), Education (862 degrees), Social Sciences (486 degrees), Psychology (483 degrees), and Computer and Information Sciences and Support Services (533 degrees) (as of 2022).

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Common Industries by Major

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 (3,278,418 people), Computer Systems Design (797,763 people), Colleges, universities & professional schools, including junior colleges (646,957 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (460,935 people), and Legal services (331,253 people).

The most specialized majors at Towson University are Parks, Recreation, & Leisure (294 degrees awarded), Education (862 degrees), Social Sciences (486 degrees), Psychology (483 degrees), and Computer and Information Sciences and Support Services (533 degrees) (as of 2022).

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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 (2022)
  1. 481 degrees awarded
  2. 421 degrees awarded
  3. 288 degrees awarded

In 2022, the most common bachelors degree concentration at Towson University was General Business Administration & Management with 481 degrees awarded.

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

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Sex Breakdown for Common Majors

1,994
Degrees Awarded to Men
in 2022
3,921
Degrees Awarded to Women
in 2022

In 2022, 1,994 degrees were awarded to men at Towson University, which is 0.509 times less than the number of degrees awarded to females (3,921).

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

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Most Common Male Majors

In 2022, 289 degrees were awarded to men at Towson University in General Business Administration & Management, which is 1.51 times more than the 192 female recipients with that same degree.

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Most Common Female Majors

In 2022, 400 degrees were awarded to men at Towson University in General Psychology, which is 5.8 times more than the 69 male recipients with that same degree.

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Time to Complete

48%
100% Completion Time
73%
150% Completion Time

In 2022, 48% of students graduating from Towson University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 75% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (79.1%)

The student demographic with the highest graduation rate in 2022 at Towson University is Female and Asian (79.1% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 2.66% of graduates (51 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    3,282 degrees awarded
  2. Black or African American
    1,270 degrees awarded
  3. Hispanic or Latino
    447 degrees awarded

The most common race/ethnicity at Towson University is white (3,282 degrees awarded). There were 2.58 times more white recipients than the next closest race/ethnicity group, black or african american (1270 degrees).

2.7% of degree recipients (160 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    2,162 degrees awarded
  2. White Male
    1,120 degrees awarded
  3. Black or African American Female
    850 degrees awarded

The most common race/ethnicity and sex grouping at Towson University is white female (2,162 degrees awarded). There were 1.93 times more white female recipients than the next closest race/ethnicity group, white male (1120 degrees).

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Operations

Towson University has an endowment valued at nearly $95.7M, as of the end of the 2022 fiscal year. The return on its endowment was of 2.65M (2.77%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Towson University had a total salary expenditure of 478M. Towson University employs 245 Professors, 223 Associate professors and 214 Lecturers. Most academics at Towson University are Female Lecturer (137), Female Assistant professor (132), and Female Associate professor (129).

The most common positions for non-instructional staff at Towson University are: Management, with 329 employees, Business and Financial Operations, with 297 employees, and Office and Administrative Support with 224 employees.

Endowment

$95.7M
2022 Endowment
15.5%
decline from 2021

Towson University has an endowment valued at about $95.7M, as of the end of the 2022 fiscal year. The endowment of Towson University declined 15.5% from the previous year. The value of their endowment was $49.1M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $738k - Federal
  2. $2.29M - State
  3. $5.32k - Local

As of 2022, Towson University received $738k in grants and contracts from the federal government, $2.29M from state grants and contracts, and $5.32k from local grants and contracts.

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Salary Expenditure

$201M
2022 Salaries
2.18%
growth from 2021

In 2022, Towson University paid a median of $201M in salaries, which represents 42.1% of their overall expenditure ($478M) and a 2.18% growth from the previous year.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

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Instructional Salaries

$81.7M
Instructional Salaries
889
Number of Employees

In 2022, Towson University paid a total of $81.7M to 889 employees working as instructors, which represents 40.6% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

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Occupations by Share

Professor
Most Common Instructor
245 Employees
Management
Most Common Non-Instructional Employee
329 Employees

In 2022, the most common positions for instructional staff at Towson University were Professor with 245 employees, Associate professor with 223 employees, and Lecturer with 214 employees.

In 2022, the most common positions for non-instructional staff at Towson University were Management with 329 employees, Business and Financial Operations with 297 employees, and Office and Administrative Support with 224 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Lecturer
  2. Female Assistant professor
  3. Female Associate professor

In 2022, the most common demographic for instructional staff at Towson University was Female Lecturer with 137 employees, Female Assistant professor with 132 employees, and Female Associate professor with 129 employees.

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

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