Your financial aid offer may meet a portion of your need with grant or scholarship aid such as:
Funds for the remainder of your need come from the self-help programs:
Your offer may also include non-need based aid:
Your total aid package may contain a combination of aid offered by the university and aid that you obtain on your own such as scholarships.
Aid applications received after the March 1 priority deadline are processed on a rolling basis, but students who apply for aid after the priority deadline cannot expect consideration for programs with limited funding, such as Federal Supplemental Opportunity Grant, Federal Perkins Loan, Federal Work-Study, and Institutional Grant.
If your financial aid offer does not contain the amount of grant aid that you hoped to receive, please remember that the federal government targets all federal grant funds to students with the lowest Expected Family Contributions. In addition, institutional grant funds from the university are limited and are quickly exhausted. As a result, only the earliest applications from the neediest students receive federal or institutional need-based grant funds.
Yes. Your aid package may include non-need based aid such as a Federal Direct Unsubsidized Loan. If you are a dependent student, your parent may be able to borrow a Federal Direct Parent Loan for Undergraduate Student (PLUS).
When will I know how much I am offered?
The Towson University Financial Aid Office will begin to offer aid for the next academic year in mid-March of the calendar year prior to the academic year for which aid is sought.. If the U.S. Department of Education processes your application by our March 1 priority deadline, you will receive an aid offer by mid-April.
We evaluate applications received after
the deadline on a rolling basis. The earlier you apply, the earlier
you will receive a Financial
Aid Notification. In general, you must allow about three weeks
for the U.S. Department of Education to process your application, and another
four weeks for the Financial Aid Office to evaluate your application.
Financial Aid Office