Towson University

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2019 Undergraduate Tuition
$6,962
1.99% growth from 2018
2019 Average Net Price
$16,161
After Financial Aid
2017 Student Loan
3.88%
Default Rate
2019 Acceptance Rate
76.3%
12,678 Applicants
2019 Enrolled Students
22,709
80.3% Full-Time
2018 Graduation Rate
72.6%
1,787 Graduates

About

Towson University is a higher education institution located in Baltimore County, MD. In 2016, the most popular Bachelor's Degree concentrations at Towson University were General Business Administration & Management (535 degrees awarded), General Psychology (376 degrees), and Registered Nursing (271 degrees).

In 2019, 5,879 degrees were awarded across all undergraduate and graduate programs at Towson University. 64.4% of these degrees were awarded to women, and 35.6% awarded men. The most common race/ethnicity group of degree recipients was white (3,529 degrees), 3.58 times more than then the next closest race/ethnicity group, black or african american (985 degrees).

The median undergraduate tuition at Towson University is $6,962, which is $−15,064 less than the national average for Masters Colleges and Universities ($22,027).

Costs

The median undergraduate tuition at Towson University is $6,962, which is $−15,064 less than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $16,161.

In 2019, 52% of undergraduate students received federal grants, while 48% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$6,962
2019 Undergraduate Tuition

In 2019, the cost of tuition at Towson University was $6,962. The cost of tuition at Towson University is $−15,064 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

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Average Net Price

$16,161
2019 Value
0.0805%
1 Year Growth

In 2019 Towson University had an average net price — the price paid after factoring in grants and loans — of $16,161. Between 2018 and 2019, the average net price of Towson University grew by 0.0805%.

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

$12,464
Room and Board
$1,080
Books and Supplies

The average yearly cost of room and board at Towson University was of $12,464 in 2019. During the same period, the average yearly cost of books and supplies was $1,080. The cost of room and board increased by 2.3% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

52%
Of Undergraduates Receive Grants
48%
Of Undergraduates Receive Federal Loans

52% of undergraduate students at Towson University received grants or loans in 2019. This represents a growth of 4% with respect to 2018, when 50% 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.
3.88%
2017 Default Rate
168
Number of Defaults

In 2017 the default rate for borrower's at Towson University was 3.88%, which represents 168 out of the 4335 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 12,678 undergraduate applications in 2019, which represents a 6.24% annual growth. Out of those 12,678 applicants, 9,674 students were accepted for enrollment, representing a 76.3% acceptance rate.

There were 22,709 students enrolled at Towson University in 2019, and 91% of first-time enrollees submitted SAT scores with their applications.

Towson University has an overall enrollment yield of 28.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

76.3%
Acceptance Rate in 2019
9,674
Accepted Out of 12,678

In 2019, the undergraduate acceptance rate of Towson University was 76.3% (9,674 admissions from 12,678 applications). This is lower than the acceptance rate of 2018, which was 79%. Between 2018 and 2019, the number of applicants grew by 6.24%, while admissions grew by 2.62%.

This chart compares the acceptance rate of Towson University (in red) with that of other similar universities.

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SAT Scores

91%
Submission Percentage
2,552
Scores Submitted

91% of enrolled first-time students at Towson University in 2019 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.

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Enrollment

Towson University has a total enrollment of 22,709 students. The full-time enrollment at Towson University is 18,226 students and the part-time enrollment is 4,483. This means that 80.3% of students enrolled at Towson University are enrolled full-time.

The enrolled student population at Towson University, both undergraduate and graduate, is 52.6% White, 22.8% Black or African American, 7.96% Hispanic or Latino, 6.42% Asian, 5.12% Two or More Races, 0.0881% American Indian or Alaska Native, and 0.0705% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Towson University in full-time Undergraduate programs are most commonly White Female (29.9%), followed by White Male (21%) and Black or African American Female (15.6%). Students enrolled in full-time Graduate programs are most commonly White Female (47.4%), followed by White Male (12.3%) and Black or African American Female (10.4%).

Full-Time vs Part-Time Enrollment

80.3%
Full-Time Enrollment

The total enrollment at Towson University, both undergraduate and graduate, is 22,709 students. The full-time enrollment at Towson University is 18,226 and the part-time enrollment is 4,483. This means that 80.3% of students enrolled at Towson University are enrolled full-time compared with 69.2% 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.

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Retention Rate over Time

86%
2019 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 86%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    11,953
  2. Black or African American
    5,170
  3. Hispanic or Latino
    1,807

The enrolled student population at Towson University is 52.6% White, 22.8% Black or African American, 7.96% Hispanic or Latino, 6.42% Asian, 5.12% Two or More Races, 0.0881% American Indian or Alaska Native, and 0.0705% 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 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 633 students (2.79%) did not report their race.

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Graduates

In 2019, 1695 more women than men received degrees from Towson University. The most common race/ethnicity group of degree recipients at Towson University is white (3,529 degrees awarded). There were 3.58 times more white graduates than the next closest race/ethnicity group, black or african american (985 degrees).

The most common Bachelor's Degree concentration at Towson University is General Business Administration & Management (535 degrees awarded), followed by General Psychology (376 degrees) and Registered Nursing (271 degrees).

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 (300 degrees awarded), Communications (464 degrees), and Cultural & Gender Studies (62 degrees).

Workforce

Common Jobs by Major

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 Software developers (574,165 people), Other managers (424,510 people), Lawyers, & judges, magistrates, & other judicial workers (345,734 people), Elementary & middle school teachers (184,406 people), and Chief executives & legislators (180,926 people).

The most specialized majors at Towson University are Parks, Recreation, & Leisure (300 degrees awarded), Communications (464 degrees), Cultural & Gender Studies (62 degrees), Social Sciences (497 degrees), and Computer and Information Sciences and Support Services (523 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Towson University are Securities, commodities, & financial services sales agents, Physicians, Architectural & engineering managers, Cardiovascular technologists and technicians, and Dentists

The most specialized majors at Towson University are Parks, Recreation, & Leisure (300 degrees awarded), Communications (464 degrees), Cultural & Gender Studies (62 degrees), Social Sciences (497 degrees), and Computer and Information Sciences and Support Services (523 degrees).

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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 Computer Systems Design (761,755 people), Elementary & secondary schools (511,224 people), Colleges, universities & professional schools, including junior colleges (424,014 people), Legal services (284,926 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (242,135 people).

The most specialized majors at Towson University are Parks, Recreation, & Leisure (300 degrees awarded), Communications (464 degrees), Cultural & Gender Studies (62 degrees), Social Sciences (497 degrees), and Computer and Information Sciences and Support Services (523 degrees).

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Degrees

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
  1. 535 degree-majorss awarded
  2. 376 degree-majorss awarded
  3. 271 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Towson University was General Business Administration & Management with 535 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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Gender Breakdown for Common Majors

2,092
Degrees Awarded to Men
in 2019
3,787
Degrees Awarded to Women
in 2019

In 2019, 2,092 degrees were awarded to men at Towson University, which is 0.552 times less than the number of degrees awarded to females (3,787).

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

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Most Common Male Majors

In 2019, 326 degrees were awarded to men at Towson University in General Business Administration & Management, which is 1.48 times more than the 221 female recipients with that same degree.

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Most Common Female Majors

In 2019, 335 degrees were awarded to women at Towson University in General Psychology, which is 4.72 times more than the 71 male recipients with that same degree.

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Time to Complete

47%
100% Completion Time
72%
150% Completion Time

In 2019, 47% 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 73% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (81.1%)

The student demographic with the highest graduation rate at Towson University is Female and Black or African American (81.1% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

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, 5.32% of graduates (95 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    3,529 degrees awarded
  2. Black or African American
    985 degrees awarded
  3. Hispanic or Latino
    393 degrees awarded

The most common race/ethnicity at Towson University is white (3,529 degrees awarded). There were 3.58 times more white recipients than the next closest race/ethnicity group, black or african american (985 degrees).

3.16% of degree recipients (186 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    2,247 degrees awarded
  2. White Male
    1,282 degrees awarded
  3. Black or African American Female
    665 degrees awarded

The most common race/ethnicity and gender grouping at Towson University is white female (2,247 degrees awarded). There were 1.75 times more white female recipients than the next closest race/ethnicity group, white male (1,282 degrees).

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Operations

Towson University has an endowment valued at nearly $87.8M, as of the end of the 2019 fiscal year. The return on its endowment was of $6.86M (7.81%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Towson University had a total salary expenditure of $440M. Towson University employs 232 Professors, 224 Associate professors, and 224 Assistant professors. Most academics at Towson University are Female Assistant professors (146), Female Lecturers(141), and Male Professors (124).

The most common positions for non-instructional staff at Towson University are: Management, with 314 employees, Business and Financial Operations, with 311 employees, and Office and Administrative Support with 258 employees.

Finances

Endowment

$87.8M
2019 Endowment
5.21%
growth from 2018

Towson University has an endowment valued at about $87.8M, as of the end of the 2019 fiscal year. The endowment of Towson University grew 5.21% from the previous year. The value of their endowment was $49.4M 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. $2.97M - Federal
  2. $1.74M - State
  3. $39.6k - Local

As of 2019, Towson University received $2.97M in grants and contracts from the federal government, $1.74M from state grants and contracts, and $39.6k from local grants and contracts.

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Expenses

Salary Expenditure

$182M
2019 Salaries
3.34%
growth from 2018

In 2019, Towson University paid a median of $182M in salaries, which represents 41.3% of their overall expenditure ($440M) and a 3.34% growth from the previous year. This is compared to a 1.82% growth from 2017 and a 2.6% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

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Instructional Salaries

$71M
Instructional Salaries
920
Number of Employees

In 2019, Towson University paid a total of $71M to 920 employees working as instructors, which represents 39% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
232 Employees
Management
Most Common Non-Instructional Employee
314 Employees

In 2019, the most common positions for instructional staff at Towson University were Professor with 232 employees; Associate professor with 224 employees; and Associate professor with 224 employees.

In 2019, the most common positions for non-instructional staff at Towson University were Management with 314 employees; Business and Financial Operations with 311 employees; and Office and Administrative Support with 258 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female Assistant professor
  2. Female Lecturer
  3. Male Professor

In 2019, the most common demographic for instructional staff at Towson University was Female Assistant professor with 146 employees, Female Lecturer with 141 employees, and Male Professor with 124 employees.

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

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