A major concern of university administrators is the increasing amount of loans students borrow to pay for education. According to US News national student loan debates averaged $30,000 as of Fall 2014.
This website aims to help you understand college expenses and how some funding opportunities may require you to incur debt in order to pay for school.
Ask Yourself: Can You Afford to Attend Towson University (TU)?
Costs can change annually by either State of MD legislature, USM Board of Regents, or TU's administration.
If you are having problems paying your first semester - seek help immediately from either an advisor, program staff or Financial Aid Office. If you don't address payment issues during your first semester, they will remain a problem and cause problems for future enrollment.
What are the Direct and Indirect Expenses and Can I Use Aid to Pay for Both?
Direct expenses can be paid using financial aid funding - tuition, fees, on-campus housing and meal plans.
Indirect expenses can also be paid using financial aid funding - off-campus housing, transportation expenses (parking pass) and other personal expenses (clothing, etc.)
Will There be Unexpected Expenses Each Year?
Some activities may require you to pay additional fees, such as Study Abroad, or joining Greek Life.
Unexpected expenses change from year to year depending on your class standing. For example, graduates may find they have to rent a robe or buy a class ring; or if applying to graduate school - will have admissions and test (GRE/GMAT) fees.