About TU

Financial Literacy


Student Loan Information

National Student Loan Data System for Students - A very useful tool to find out how much money you have borrowed, what you have paid and what you still owe. 

Direct Consolidation Loans - For those with Direct Loans from the federal government, consider consolidating your loans to help lower your monthly repayment and extend the terms of your repayment from 10 to 20 or 30 years.

Maryland Loan Assistance Repayment Program - This program assists with loan repayment for qualifying professions in Maryland.

5 Key Money Management Areas

Below are the recommended five main areas to begin how to manage your money while in college. Click on the Topic link to find detailed information about each cateogry. 

If you would like to make an appointment to meet with one of our counselors, contact us by e-mail mymoney@towson.edu or call at 410-704-5269.

Main Topics
Items Discussed
Budget & Track Expenses

Determine your financial goals, identify where you money goes, track spending and learn about online banking.

Important information about new credit card laws, how to compare credit offers & develop important credit card skills.


Understand how student loan repayment works and how to manage other debt.

Learn about various ways to save, how to make your money work for you and practical savings tips. 

Know the signs and what to do when it happens to you.

Other Topics
Items Discussed

If you work on campus and take at least 6 credit hours, you are exempt from FICA taxes.

If you are a full-time student, single and earn less than $9,350 in 2010, you can be exempt from paying MD taxes.

Employers look at many areas of your life to determine whether or not to hire you - including your finances! See how your credit impacts your ability to get a government job.
If you work off-campus and your employer offers a retirement plan, see why it is important to start saving now!



Whether it's beginning to pay student loans or finding your own health insurance, financial responsibilities change significantly after graduation. The resources provided below will help you develop short and long-term financial goals that fit your lifestyle, as well as give you important financial tips for this time in your life.

College graduates may also find it useful to read about how you can deduct student loan interest on your tax return, how employers can check your credit score when determining if they should hire you, and how you should start planning for your retirement now.

Financial Services
Administration Building, Fourth Floor (map) (How to use the map link)
Hours: Monday - Friday, 9:30 a.m. - 3:30 p.m.

Phone: 410-704-5269
Fax: 410-704-4910
E-mail: mfortier@towson.edu

Did you know

• Defaulting on your loans affects your credit score.

• Your credit score affects your ability to buy a house or a car.

• Contributing to a retirement plan reduces your taxable income.

•The second largest group filing bankruptcy are those 25-34 years of age.

•Student loans are not forgiven under bankruptcy.





University Police

Closings & News
410-704-NEWS (6397)

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