Scholarships, Grants, and Loan Trends at Towson

10%

Received Percent Changed

$3,070

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 10,293, which is 54.78 % of all undergraduate students. 8,737 students which is 46.33% of undergraduate students received federal student loans and the average loan amount is $6,467.

For full-time, first-time beginning students (freshmen), 59.00% of students received grants or scholarships and 52% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Towson University since 2014.

For that period, the average number of students who received grants aid/scholarships is 10,293, which is 54.78 % of all undergraduate students. 8,737 students which is 46.33% of undergraduate students received federal student loans and the average loan amount is $6,467.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-158,795 (47%)$7,8694,987 (27%)$4,2578,917 (47%)$6,600
2015-169,241 (49%)$7,9595,189 (27%)$4,3409,121 (48%)$6,567
2016-179,335 (49%)$8,6765,292 (28%)$4,4079,356 (49%)$6,553
2017-189,876 (50%)$8,9035,863 (30%)$4,5179,733 (50%)$6,459
2018-1910,251 (52%)$9,0096,057 (31%)$4,6599,578 (48%)$6,394
2019-2011,067 (56%)$9,4056,073 (31%)$4,7289,522 (49%)$6,575
2020-2112,195 (65%)$9,3875,807 (31%)$4,7597,848 (42%)$6,350
2021-2212,201 (68%)$9,5265,820 (33%)$4,9187,287 (41%)$6,373
2022-239,674 (57%)$10,9395,641 (33%)$5,2057,271 (43%)$6,334
Average10,293 (54.78%)$9,0755,637 (30.11%)$4,6438,737 (46.33%)$6,467
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,587 (59.00 % of students) received grants or scholarships and its average amount is $9,431. It can cover 31.62% of tuition & fees ($29,820) based on out-of-state rate.

In addition, 1,413 (52.22 % of students) students get helped from the students loans (average amount : $7,126).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,197 (44%)$8,1801,483 (55%)$6,905
2015-161,526 (56%)$7,8281,519 (56%)$7,106
2016-171,340 (49%)$8,8151,537 (56%)$7,252
2017-181,526 (56%)$8,5681,589 (58%)$7,308
2018-191,719 (57%)$9,1491,677 (56%)$7,231
2019-201,678 (60%)$10,0941,468 (53%)$7,604
2020-211,742 (73%)$9,2611,045 (44%)$6,607
2021-221,903 (74%)$11,4151,156 (45%)$6,906
2022-231,648 (62%)$11,5651,240 (47%)$7,214
Average1,587 (59.00%)$9,4311,413 (52.22%)$7,126
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 780 (29.00 % of students) received Pell (federal) grants and its average amount is $4,836.

In addition, 679 students received State/local government grants/scholarships (25.11 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15621 (23%)$4,2498 (0%)$3,557523 (19%)$3,029940 (35%)$5,894
2015-16693 (26%)$4,3354 (0%)$5,104490 (18%)$3,3921,270 (47%)$5,716
2016-17699 (25%)$4,5646 (0%)$3,318585 (21%)$4,4691,159 (42%)$5,166
2017-18795 (29%)$4,7349 (0%)$3,733678 (25%)$4,6621,250 (46%)$4,894
2018-19887 (30%)$4,8347 (0%)$2,455752 (25%)$4,6821,456 (49%)$5,426
2019-20810 (29%)$4,899862 (31%)$1,204745 (27%)$5,9151,371 (49%)$5,490
2020-21682 (29%)$4,9921,296 (54%)$2,701604 (25%)$4,9261,194 (50%)$5,236
2021-22907 (35%)$5,36195 (4%)$1,105826 (32%)$6,8771,809 (70%)$6,123
2022-23924 (35%)$5,5552 (0%)$3,011908 (34%)$7,3391,349 (51%)$5,379
Average780 (29.00%)$4,836254 (29.67%)$2,910679 (25.11%)$5,0321,311 (48.78%)$5,480
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,413 (52.22 % of students) get any students loan help and its average loan amount is $1,413.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,483 (55%)$6,9051,453 (54%)$5,551132 (5%)$16,470
2015-161,519 (56%)$7,1061,489 (55%)$5,484166 (6%)$15,842
2016-171,537 (56%)$7,2521,499 (55%)$5,511185 (7%)$15,593
2017-181,589 (58%)$7,3081,548 (57%)$5,364212 (8%)$15,609
2018-191,677 (56%)$7,2311,645 (55%)$5,386192 (6%)$17,013
2019-201,468 (53%)$7,6041,418 (51%)$5,390211 (8%)$16,682
2020-211,045 (44%)$6,6071,009 (42%)$5,098113 (5%)$15,576
2021-221,156 (45%)$6,9061,116 (43%)$5,116137 (5%)$16,597
2022-231,240 (47%)$7,2141,205 (45%)$5,229155 (6%)$17,057
Average1,413 (52.22%)$7,1261,376 (50.78%)$5,348167 (6.22%)$16,271

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