Various departments of the university offer scholarships to students who show talent or outstanding academic abilities. For example, incoming freshmen or transfer students may receive a scholarship offer from the Office of Admissions. Most scholarships from the university do not require a financial aid application because they are based on talent, merit, or academic standing and cumulative GPA.
Students who are legal residents of Maryland will apply for Maryland State Scholarship programs using the same Free Application for Federal Student Aid (FAFSA) used to apply for Federal Title IV need and non-need based aid.
The U.S. Department of Education provides campus-based and direct aid programs using funds authorized by the U.S. Congress. These programs help to bridge the
gap between the Cost of Attendance (COA) and the amount that you and your family can afford to contribute-the Expected Family Contribution (EFC). The U.S. Department of Education determines the EFC using a standard formula called Federal Methodology.
Because funds from the federal student aid programs are never sufficient to meet the needs of all Towson University students who apply for aid, the university provides some money in a university need-based grant program for undergraduate students.
The Institutional Grant Program helps to supplement the federal programs, and uses the same application procedure and general eligibility criteria.
The U.S. Department of Education makes it possible for every student to benefit from federal student
financial aid, even those who do not demonstrate need. Federal aid for students who do not demonstrate need are loans with no interest subsidy: the Federal Direct Unsubsidized Student Loan and the Federal Direct Parent Plus Loan, as well as the Graduate Plus Loan Program.