Towson University

www.towson.edu

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2024 Undergraduate Tuition

$7,530

2% growth from 2023

2024 Average Net Price

$16,653

After Financial Aid

2024 Acceptance Rate

82%

19,777 Applicants

2024 Enrolled Students

19,401

79.7% Full-Time

2024 Graduation Rate

69.5%

2,074 Graduates

About

Towson University is a higher education institution located in Baltimore County, MD. In 2024, the most popular Bachelors Degree concentrations at Towson University were General Business Administration & Management (506 degrees awarded), General Psychology (377 degrees), and Registered Nursing (250 degrees).

In 2024, 5,311 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 (2,649 degrees), 2.17 times more than then the next closest race/ethnicity group, black or african american (1,221 degrees).

The median undergraduate tuition at Towson University is $7,530, which is $−16,470 less than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Towson University is $7,530, which is $16,470 less than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $16,653.

In 2024, 63% of undergraduate students attending Towson University received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Tuition Costs

$7,530

2024 Undergraduate Tuition

In 2024, the cost of tuition at Towson University was $7,530. The cost of tuition at Towson University is $−16,470 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$16,653

2024 Value

10.5%

1 Year Growth

In 2024 Towson University had an average net price — the price paid after factoring in grants and loans — of $16,653. Between 2023 and 2024, the average net price of Towson University grew by 10.5%.

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

$15,644

Room and Board

$960

Books and Supplies

The average yearly cost of room and board at Towson University was of $15,644 in 2024. The cost of room and board increased by 14.7% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $960. 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.

Financial Aid by Income Level

63%

Undergraduates Receiving Financial Aid through Grants

42%

Undergraduates Receiving Financial Aid through Loans

63% of undergraduate students at Towson University received financial aid through grants or loans in 2024. This represents a growth of 10.5% with respect to 2023, when 57% 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.

Admissions

Towson University received 19,777 undergraduate applications in 2024, which represents a 4.38% annual growth. Out of those 19,777 applicants, 16,212 students were accepted for enrollment, representing a 82% acceptance rate.

There were 19,401 students enrolled at Towson University in 2024. 17% of first-time enrollees submitted SAT scores with their applications.

Towson University has an overall enrollment yield of 18.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82%

Acceptance Rate in 2024

16,212

Accepted Out of 19,777

In 2024, the undergraduate acceptance rate of Towson University was 82% (16,212 admissions from 19,777 applications). This is lower than the acceptance rate of 2023, which was 82.8%. Between 2023 and 2024, the number of applicants grew by 4.38%, while admissions grew by 3.33%.

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

17%

Submission Percentage (2024)

492

Scores Submitted (2024)

17% of enrolled first-time students at Towson University in 2024 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 19,401 students in 2024. The full-time enrollment at Towson University is 15,462 students and the part-time enrollment is 3,939. This means that 79.7% of students enrolled at Towson University are enrolled full-time.

The enrolled student population at Towson University, both undergraduate and graduate, is 40% White, 32.6% Black or African American, 10.6% Hispanic or Latino, 6.38% Asian, 5.49% Two or More Races, 0.119% American Indian or Alaska Native, and 0.0619% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Towson University in full-time Undergraduate programs are most commonly White Female (22%), followed by Black or African American Female (21.1%) and White Male (16.7%). Students enrolled in full-time Graduate programs are most commonly White Female (37.7%), followed by Black or African American Female (13.6%) and White Male (10.4%).

Full-Time vs Part-Time Enrollment

79.7%

Full-Time Enrollment

The total enrollment at Towson University in 2024, both undergraduate and graduate, is 19,401 students. The full-time enrollment at Towson University is 15,462 and the part-time enrollment is 3,939. This means that 79.7% of students enrolled at Towson University are enrolled full-time compared with 67.1% 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%

2024 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 (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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
7,756 enrolled students
Black or African American
6,318 enrolled students
Hispanic or Latino
2,049 enrolled students

The enrolled student population at Towson University is 40% White, 32.6% Black or African American, 10.6% Hispanic or Latino, 6.38% Asian, 5.49% Two or More Races, 0.119% American Indian or Alaska Native, and 0.0619% 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 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 586 students (3.02%) did not report their race.

Graduates

In 2024, 1,525 more women than men received degrees from Towson University. The most common race/ethnicity group of degree recipients at Towson University is white (2,649 degrees awarded). There were 2.17 times more white recipients than the next closest race/ethnicity group, black or african american (1,221 degrees).

The most common Bachelor's Degree concentration at Towson University is General Business Administration & Management (506 degrees awarded), followed by General Psychology (377 degrees) and Registered Nursing (250 degrees).

In 2024, 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 (437 degrees awarded), Parks, Recreation, & Leisure (257 degrees), and Education (820 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 (1,646,450 people), Secondary school teachers (530,188 people), Education administrators (338,628 people), Other managers (327,448 people), and Special education teachers (232,789 people).

The most specialized majors at Towson University in 2024 are Communications (437 degrees awarded), Parks, Recreation, & Leisure (257 degrees), Education (820 degrees), Psychology (442 degrees), and Cultural & Gender Studies (31 degrees) (as of 2024).

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, Logisticians, Economists, Securities, commodities, & financial services sales agents, and Media and communication workers, all other

The most specialized majors at Towson University are Communications (437 degrees awarded), Parks, Recreation, & Leisure (257 degrees), Education (820 degrees), Psychology (442 degrees), and Cultural & Gender Studies (31 degrees) (as of 2024).

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 (3,200,731 people), Colleges, universities & professional schools, including junior colleges (529,041 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (406,664 people), Outpatient care centers (280,028 people), and Computer Systems Design (243,358 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 (2024)

General Business Administration & Management
506 degrees awarded
General Psychology
377 degrees awarded
Registered Nursing
250 degrees awarded

In 2024, the most common bachelors degree concentration at Towson University was General Business Administration & Management with 506 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

1,893

Degrees Awarded to Men

in 2024

3,418

Degrees Awarded to Women

in 2024

In 2024, 1,893 degrees were awarded to men at Towson University, which is 0.554 times less than the number of degrees awarded to females (3,418).

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

Most Common Male Majors

In 2024, 297 degrees were awarded to men at Towson University in General Business Administration & Management, which is 1.42 times more than the 209 female recipients with that same degree.

Most Common Female Majors

In 2024, 361 degrees were awarded to men at Towson University in General Psychology, which is 5.31 times more than the 68 male recipients with that same degree.

Time to Complete

48%

100% Completion Time

70%

150% Completion Time

In 2024, 48% of students graduating from Towson University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 72% 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.

White Female

Highest Graduation Rate (75.9%)

The student demographic with the highest graduation rate in 2024 at Towson University is Female and White (75.9% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (75.5%).

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, 1.45% of graduates (30 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
2,649 degrees awarded
Black or African American
1,221 degrees awarded
Hispanic or Latino
505 degrees awarded

The most common race/ethnicity at Towson University is white (2,649 degrees awarded). There were 2.17 times more white recipients than the next closest race/ethnicity group, black or african american (1,221 degrees).

3.3% of degree recipients (175 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
2,641 degrees awarded
White Female
2,604 degrees awarded
White Female
2,570 degrees awarded

The most common race/ethnicity and sex grouping at Towson University is white female (2,641 degrees awarded). There were 1.01 times more white female recipients than the next closest race/ethnicity group, white female (2,604 degrees).

Operations

Towson University has an endowment valued at nearly $115M, as of the end of the 2024 fiscal year. The return on its endowment was of 14.6M (12.8%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Towson University had a total salary expenditure of 520M. Towson University employs 283 Professors, 231 Lecturers and 208 Assistant professors. Most academics at Towson University are Male Professor (150), Female Lecturer (145), and Female Assistant professor (140).

The most common positions for non-instructional staff at Towson University are: Management, with 363 employees, Business and Financial Operations, with 342 employees, and Office and Administrative Support with 224 employees.

Endowment

$115M

2024 Endowment

15.1%

growth from 2023

Towson University has an endowment valued at about $115M, as of the end of the 2024 fiscal year. The endowment of Towson University grew 15.1% from the previous year. The value of their endowment was $68.7M 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.

Government Grants and Contracts

Grants & Contracts

$7.65M - Federal
$4.13M - State
$217k - Local

As of 2024, Towson University received $7.65M in grants and contracts from the federal government, $4.13M from state grants and contracts, and $217k from local grants and contracts.

Salary Expenditure

$253M

2024 Salaries

13.2%

growth from 2023

In 2024, Towson University paid a median of $253M in salaries, which represents 48.7% of their overall expenditure ($520M) and a 13.2% growth from the previous year. This is compared to a 11.2% growth between 2022 and 2023, and a 2.18% growth between 2021 and 2022.

Instructional Salaries

$93.3M

Instructional Salaries

934

Number of Employees

In 2024, Towson University paid a total of $93.3M to 934 employees working as instructors, which represents 36.8% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Towson University were Management with 363 employees, Business and Financial Operations with 342 employees, and Office and Administrative Support with 224 employees.

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