Towson University

www.towson.edu

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2023 Undergraduate Tuition

$7,382

1.99% growth from 2022

2023 Average Net Price

$15,064

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

82.8%

18,948 Applicants

2023 Enrolled Students

19,527

79.8% Full-Time

2023 Graduation Rate

67.6%

1,848 Graduates

About

Towson University is a higher education institution located in Baltimore County, MD. In 2023, the most popular Bachelors Degree concentrations at Towson University were General Business Administration & Management (504 degrees awarded), General Psychology (388 degrees), and Registered Nursing (233 degrees).

In 2023, 5,347 degrees were awarded across all undergraduate and graduate programs at Towson University. 63.6% of these degrees were awarded to women, and 36.4% awarded men. The most common race/ethnicity group of degree recipients was white (2,827 degrees), 2.32 times more than then the next closest race/ethnicity group, black or african american (1,218 degrees).

The median undergraduate tuition at Towson University is $7,382, which is $−17,193 less than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Towson University was 0%, corresponding to 0 out of the 4,508 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Towson University is $7,382, which is $17,193 less than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $15,064.

In 2023, 57% of undergraduate students attending Towson University received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Tuition Costs

$7,382

2023 Undergraduate Tuition

In 2023, the cost of tuition at Towson University was $7,382. The cost of tuition at Towson University is $−17,193 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$15,064

2023 Value

4.3%

1 Year Growth

In 2023 Towson University had an average net price — the price paid after factoring in grants and loans — of $15,064. Between 2022 and 2023, the average net price of Towson University grew by 4.3%.

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

$13,642

Room and Board

$960

Books and Supplies

The average yearly cost of room and board at Towson University was of $13,642 in 2023. The cost of room and board increased by 3.1% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $960. The cost of books and supplies decreased by 11.1% 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

57%

Undergraduates Receiving Financial Aid through Grants

43%

Undergraduates Receiving Financial Aid through Loans

57% of undergraduate students at Towson University received financial aid through grants or loans in 2023. This represents a decline of 16.2% with respect to 2022, when 68% 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Towson University was 0%, which represents 0 out of the 4508 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 18,948 undergraduate applications in 2023, which represents a 6.63% annual growth. Out of those 18,948 applicants, 15,689 students were accepted for enrollment, representing a 82.8% acceptance rate.

There were 19,527 students enrolled at Towson University in 2023. 15% of first-time enrollees submitted SAT scores with their applications.

Towson University has an overall enrollment yield of 19.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.8%

Acceptance Rate in 2023

15,689

Accepted Out of 18,948

In 2023, the undergraduate acceptance rate of Towson University was 82.8% (15,689 admissions from 18,948 applications). This is higher than the acceptance rate of 2022, which was 78.6%. Between 2022 and 2023, the number of applicants grew by 6.63%, while admissions grew by 12.3%.

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

15%

Submission Percentage (2023)

458

Scores Submitted (2023)

15% of enrolled first-time students at Towson University in 2023 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.

Enrollment

Towson University had a total enrollment of 19,527 students in 2023. The full-time enrollment at Towson University is 15,585 students and the part-time enrollment is 3,942. This means that 79.8% of students enrolled at Towson University are enrolled full-time.

The enrolled student population at Towson University, both undergraduate and graduate, is 42.4% White, 29.9% Black or African American, 10.1% Hispanic or Latino, 6.55% Asian, 5.3% Two or More Races, 0.113% American Indian or Alaska Native, and 0.0563% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Towson University in full-time Undergraduate programs are most commonly White Female (23.9%), followed by Black or African American Female (19.5%) and White Male (18.1%). Students enrolled in full-time Graduate programs are most commonly White Female (41.7%), followed by Black or African American Female (12.7%) and White Male (10.2%).

Full-Time vs Part-Time Enrollment

79.8%

Full-Time Enrollment

The total enrollment at Towson University in 2023, both undergraduate and graduate, is 19,527 students. The full-time enrollment at Towson University is 15,585 and the part-time enrollment is 3,942. This means that 79.8% of students enrolled at Towson University are enrolled full-time compared with 68.2% 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

83%

2023 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 83%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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 (2023)

White
8,287 enrolled students
Black or African American
5,842 enrolled students
Hispanic or Latino
1,963 enrolled students

The enrolled student population at Towson University is 42.4% White, 29.9% Black or African American, 10.1% Hispanic or Latino, 6.55% Asian, 5.3% Two or More Races, 0.113% American Indian or Alaska Native, and 0.0563% 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 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 671 students (3.44%) did not report their race.

Graduates

In 2023, 1,455 more women than men received degrees from Towson University. The most common race/ethnicity group of degree recipients at Towson University is white (2,827 degrees awarded). There were 2.32 times more white recipients than the next closest race/ethnicity group, black or african american (1,218 degrees).

The most common Bachelor's Degree concentration at Towson University is General Business Administration & Management (504 degrees awarded), followed by General Psychology (388 degrees) and Registered Nursing (233 degrees).

In 2023, 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 (247 degrees awarded), Communications (378 degrees), and Education (849 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 (1,633,689 people), Secondary school teachers (535,994 people), Education administrators (336,509 people), Other managers (314,391 people), and Special education teachers (233,705 people).

The most specialized majors at Towson University in 2023 are Parks, Recreation, & Leisure (247 degrees awarded), Communications (378 degrees), Education (849 degrees), Cultural & Gender Studies (35 degrees), and Psychology (447 degrees) (as of 2023).

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

The most specialized majors at Towson University are Parks, Recreation, & Leisure (247 degrees awarded), Communications (378 degrees), Education (849 degrees), Cultural & Gender Studies (35 degrees), and Psychology (447 degrees) (as of 2023).

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 (3,278,418 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).

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 (2023)

General Business Administration & Management
504 degrees awarded
General Psychology
388 degrees awarded
Registered Nursing
233 degrees awarded

In 2023, the most common bachelors degree concentration at Towson University was General Business Administration & Management with 504 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

1,946

Degrees Awarded to Men

in 2023

3,401

Degrees Awarded to Women

in 2023

In 2023, 1,946 degrees were awarded to men at Towson University, which is 0.572 times less than the number of degrees awarded to females (3,401).

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

Most Common Male Majors

In 2023, 288 degrees were awarded to men at Towson University in General Business Administration & Management, which is 1.33 times more than the 216 female recipients with that same degree.

Most Common Female Majors

In 2023, 349 degrees were awarded to men at Towson University in General Psychology, which is 4.11 times more than the 85 male recipients with that same degree.

Time to Complete

50%

100% Completion Time

72%

150% Completion Time

In 2023, 50% of students graduating from Towson University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 74% 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.

Black or African American Female

Highest Graduation Rate (74.9%)

The student demographic with the highest graduation rate in 2023 at Towson University is Female and Black or African American (74.9% graduation rate). Across all Masters Colleges and Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 1.19% of graduates (22 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
2,827 degrees awarded
Black or African American
1,218 degrees awarded
Hispanic or Latino
478 degrees awarded

The most common race/ethnicity at Towson University is white (2,827 degrees awarded). There were 2.32 times more white recipients than the next closest race/ethnicity group, black or african american (1,218 degrees).

3.2% of degree recipients (171 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
1,781 degrees awarded
White Male
1,046 degrees awarded
Black or African American Female
790 degrees awarded

The most common race/ethnicity and sex grouping at Towson University is white female (1,781 degrees awarded). There were 1.7 times more white female recipients than the next closest race/ethnicity group, white male (1,046 degrees).

Operations

Towson University has an endowment valued at nearly $99.6M, as of the end of the 2023 fiscal year. The return on its endowment was of 10.2M (10.2%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Towson University had a total salary expenditure of 503M. Towson University employs 262 Professors, 224 Lecturers and 219 Associate professors. Most academics at Towson University are Female Lecturer (145), Male Professor (135), and Female Assistant professor (130).

The most common positions for non-instructional staff at Towson University are: Management, with 355 employees, Business and Financial Operations, with 319 employees, and Office and Administrative Support with 226 employees.

Endowment

$99.6M

2023 Endowment

4.07%

growth from 2022

Towson University has an endowment valued at about $99.6M, as of the end of the 2023 fiscal year. The endowment of Towson University grew 4.07% from the previous year. The value of their endowment was $49.9M 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

$7.96M - Federal
$3.53M - State
$50.2k - Local

As of 2023, Towson University received $7.96M in grants and contracts from the federal government, $3.53M from state grants and contracts, and $50.2k from local grants and contracts.

Salary Expenditure

$224M

2023 Salaries

11.2%

growth from 2022

In 2023, Towson University paid a median of $224M in salaries, which represents 44.5% of their overall expenditure ($503M) and a 11.2% growth from the previous year. This is compared to a 2.18% growth between 2021 and 2022, and a 2.71% growth between 2020 and 2021.

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

Instructional Salaries

$86.7M

Instructional Salaries

911

Number of Employees

In 2023, Towson University paid a total of $86.7M to 911 employees working as instructors, which represents 38.8% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

262 Employees

Management

Most Common Non-Instructional Employee

355 Employees

In 2023, the most common positions for instructional staff at Towson University were Professor with 262 employees, Lecturer with 224 employees, and Associate professor with 219 employees.

In 2023, the most common positions for non-instructional staff at Towson University were Management with 355 employees, Business and Financial Operations with 319 employees, and Office and Administrative Support with 226 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Lecturer
Male Professor
Female Assistant professor

In 2023, the most common demographic for instructional staff at Towson University was Female Lecturer with 145 employees, Male Professor with 135 employees, and Female Assistant professor with 130 employees.

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

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