Towson University

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2020 Undergraduate Tuition
$6,962
0% growth from 2019
2020 Average Net Price
$16,082
After Financial Aid
2018 Student Loan
2.73%
Default Rate
2020 Acceptance Rate
78.8%
12,295 Applicants
2020 Enrolled Students
21,917
78.9% Full-Time
2020 Graduation Rate
73.1%
1,981 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 (549 degrees awarded), General Psychology (392 degrees), and Registered Nursing (313 degrees).

In 2020, 5,945 degrees were awarded across all undergraduate and graduate programs at Towson University. 63.3% of these degrees were awarded to women, and 36.7% awarded men. The most common race/ethnicity group of degree recipients was white (3,440 degrees), 3.09 times more than then the next closest race/ethnicity group, black or african american (1114 degrees).

The median undergraduate tuition at Towson University is $6,962, which is $−15,568 less than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Towson University is $6,962, which is $−15,568 less than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $16,082.

In 2020, 56% of undergraduate students attending Towson University received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$6,962
2020 Undergraduate Tuition

In 2020, the cost of tuition at Towson University was $6,962. The cost of tuition at Towson University is $−15,568 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

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Average Net Price

$16,082
2020 Value
0.489%
1 Year Growth

In 2020 Towson University had an average net price — the price paid after factoring in grants and loans — of $16,082. Between 2019 and 2020, the average net price of Towson University grew by 0.489%.

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

$12,846
Room and Board
$1,080
Books and Supplies

The average yearly cost of room and board at Towson University was of $12,846 in 2020. During the same period, the average yearly cost of books and supplies was $1,080. The cost of room and board increased by 3.06% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

56%
Undergraduates Receiving Financial Aid through Grants
49%
Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at Towson University received financial aid through grants or loans in 2020. This represents a growth of 7.69% with respect to 2019, when 52% 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.
2.73%
2018 Default Rate
119
Number of Defaults

In 2018 the default rate for borrower's at Towson University was 2.73%, which represents 119 out of the 4360 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 12,295 undergraduate applications in 2020, which represents a 3.02% annual decline. Out of those 12,295 applicants, 9,689 students were accepted for enrollment, representing a 78.8% acceptance rate.

There were 21,917 students enrolled at Towson University in 2020, and 92% of first-time enrollees submitted SAT scores with their applications.

Towson University has an overall enrollment yield of 24.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.8%
Acceptance Rate in 2020
9,689
Accepted Out of 12,295

In 2020, the undergraduate acceptance rate of Towson University was 78.8% (9,689 admissions from 12,295 applications). This is higher than the acceptance rate of 2019, which was 76.3%. Between 2019 and 2020, the number of applicants declined by −3.02%, while admissions grew by 0.155%.

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

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SAT Scores

92%
Submission Percentage
2,191
Scores Submitted

92% of enrolled first-time students at Towson University in 2020 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 21,917 students. The full-time enrollment at Towson University is 17,296 students and the part-time enrollment is 4,621. This means that 78.9% of students enrolled at Towson University are enrolled full-time.

The enrolled student population at Towson University, both undergraduate and graduate, is 51.1% White, 24.2% Black or African American, 8.35% Hispanic or Latino, 6.23% Asian, 5.24% Two or More Races, 0.11% American Indian or Alaska Native, and 0.0684% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Towson University in full-time Undergraduate programs are most commonly White Female (28.5%), followed by White Male (20.4%) and Black or African American Female (16.9%). Students enrolled in full-time Graduate programs are most commonly White Female (45.5%), followed by White Male (12.3%) and Black or African American Female (11.4%).

Full-Time vs Part-Time Enrollment

78.9%
Full-Time Enrollment

The total enrollment at Towson University, both undergraduate and graduate, is 21,917 students. The full-time enrollment at Towson University is 17,296 and the part-time enrollment is 4,621. This means that 78.9% of students enrolled at Towson University are enrolled full-time compared with 68.8% 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

85%
2020 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 (75%), 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
    11,197
  2. Black or African American
    5,311
  3. Hispanic or Latino
    1,829

The enrolled student population at Towson University is 51.1% White, 24.2% Black or African American, 8.35% Hispanic or Latino, 6.23% Asian, 5.24% Two or More Races, 0.11% American Indian or Alaska Native, and 0.0684% 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 52.6% White, 16.6% 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, 628 students (2.87%) did not report their race.

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Graduates

In 2020, 1587 more women than men received degrees from Towson University. The most common race/ethnicity group of degree recipients at Towson University is white (3,440 degrees awarded). There were 3.09 times more white graduates than the next closest race/ethnicity group, black or african american (1114 degrees).

The most common Bachelor's Degree concentration at Towson University is General Business Administration & Management (549 degrees awarded), followed by General Psychology (392 degrees) and Registered Nursing (313 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 Communications (488 degrees awarded), Parks, Recreation, & Leisure (280 degrees), and Cultural & Gender Studies (58 degrees).

Workforce

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 Lawyers, & judges, magistrates, & other judicial workers (384,019 people), Other managers (383,770 people), Elementary & middle school teachers (310,386 people), Postsecondary teachers (179,130 people), and Chief executives & legislators (164,659 people).

The most specialized majors at Towson University are Communications (488 degrees awarded), Parks, Recreation, & Leisure (280 degrees), Cultural & Gender Studies (58 degrees), Social Sciences (526 degrees), and Psychology (461 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 Nuclear medicine technologists and medical dosimetrists, Surgeons, Securities, commodities, & financial services sales agents, Physicians, and Nurse anesthetists

The most specialized majors at Towson University are Communications (488 degrees awarded), Parks, Recreation, & Leisure (280 degrees), Cultural & Gender Studies (58 degrees), Social Sciences (526 degrees), and Psychology (461 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 Elementary & secondary schools (746,652 people), Colleges, universities & professional schools, including junior colleges (486,853 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (366,899 people), Legal services (321,011 people), and Computer Systems Design (262,097 people).

The most specialized majors at Towson University are Communications (488 degrees awarded), Parks, Recreation, & Leisure (280 degrees), Cultural & Gender Studies (58 degrees), Social Sciences (526 degrees), and Psychology (461 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. 549 degree-majorss awarded
  2. 392 degree-majorss awarded
  3. 313 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Towson University was General Business Administration & Management with 549 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

2,179
Degrees Awarded to Men
in 2020
3,766
Degrees Awarded to Women
in 2020

In 2020, 2,179 degrees were awarded to men at Towson University, which is 0.579 times less than the number of degrees awarded to females (3,766).

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 2020, 325 degrees were awarded to men at Towson University in General Business Administration & Management, which is 1.45 times more than the 224 female recipients with that same degree.

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Most Common Female Majors

In 2020, 359 degrees were awarded to women at Towson University in General Psychology, which is 4.03 times more than the 89 male recipients with that same degree.

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Time to Complete

47%
100% Completion Time
73%
150% Completion Time

In 2020, 47% 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 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (76.5%)

The student demographic with the highest graduation rate at Towson University is Female and White (76.5% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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, 2.73% of graduates (54 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    3,440 degrees awarded
  2. Black or African American
    1,114 degrees awarded
  3. Hispanic or Latino
    443 degrees awarded

The most common race/ethnicity at Towson University is white (3,440 degrees awarded). There were 3.09 times more white recipients than the next closest race/ethnicity group, black or african american (1114 degrees).

3.01% of degree recipients (179 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    2,184 degrees awarded
  2. White Male
    1,256 degrees awarded
  3. Black or African American Female
    716 degrees awarded

The most common race/ethnicity and sex grouping at Towson University is white female (2,184 degrees awarded). There were 1.74 times more white female recipients than the next closest race/ethnicity group, white male (1,256 degrees).

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Operations

Towson University has an endowment valued at nearly $90.3M, as of the end of the 2020 fiscal year. The return on its endowment was of $4.95M (5.48%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Towson University had a total salary expenditure of $450M. Towson University employs 249 Professors, 221 Lecturers, and 219 Associate professors. Most academics at Towson University are Female Assistant professors (149), Female Lecturers(140), and Male Professors (130).

The most common positions for non-instructional staff at Towson University are: Business and Financial Operations, with 312 employees, Management, with 300 employees, and Office and Administrative Support with 243 employees.

Finances

Endowment

$90.3M
2020 Endowment
2.82%
growth from 2019

Towson University has an endowment valued at about $90.3M, as of the end of the 2020 fiscal year. The endowment of Towson University grew 2.82% from the previous year. The value of their endowment was $50.7M 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. $1.75M - Federal
  2. $2.31M - State
  3. $13.1k - Local

As of 2020, Towson University received $1.75M in grants and contracts from the federal government, $2.31M from state grants and contracts, and $13.1k from local grants and contracts.

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Expenses

Salary Expenditure

$192M
2020 Salaries
5.38%
growth from 2019

In 2020, Towson University paid a median of $192M in salaries, which represents 42.6% of their overall expenditure ($450M) and a 5.38% growth from the previous year. This is compared to a 3.34% growth from 2018 and a 1.82% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

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Instructional Salaries

$72.4M
Instructional Salaries
920
Number of Employees

In 2020, Towson University paid a total of $72.4M to 920 employees working as instructors, which represents 37.8% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
249 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
312 Employees

In 2020, the most common positions for instructional staff at Towson University were Professor with 249 employees; Lecturer with 221 employees; and Lecturer with 219 employees.

In 2020, the most common positions for non-instructional staff at Towson University were Business and Financial Operations with 312 employees; Management with 300 employees; and Office and Administrative Support with 243 employees.

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Instructors by Academic Rank and Sex

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

In 2020, the most common demographic for instructional staff at Towson University was Female Assistant professor with 149 employees, Female Lecturer with 140 employees, and Male Professor with 130 employees.

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

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