Types of Financial Aid
Grants
Towson University participates in the following federal and university grant programs. Students must complete the Free Application for Federal Student Aid (FAFSA) to be considered for these grant programs.
The Federal Pell Grant
These Federal Title IV grants are for first undergraduate bachelor's degree candidates who have exceptional financial need. Grants may range from $400 to $4,731 per year.
The Federal Supplemental Educational Opportunity Grant Program (FSEOG)
This Federal Title IV grant is for exceptionally needy students pursuing a first bachelor's degree. Towson University may offer you up to $4000* to an eligible applicant.
*Annual grant maximums are subject to change.
The Academic Competitiveness Grant (AC Grant)
This federal grant is for first year students who graduated from high school after January 1, 2006 and second year students who graduated from high school after January 1, 2005.
You may receive an AC Grant of up to $750 for your first academic year of study and up to $1,300 for your second academic year of study. To receive the AC Grant you must have the following qualifications:
- U.S. citizenship
- Federal Pell Grant recipient
- Completion of a rigorous high school program of study (for both first and second year students)
- Full-time enrollment in a degree program
- First year student (0-29 earned units) who has not taken any college courses after high school graduation
- Second-year student (30-59 earned units), with a cumulative TU GPA of at least 3.0 (if you are a second-year student with transfer units, you must have at least a 3.0 GPA for the units accepted for transfer)
If you are a new freshman, your aid offer may include an AC Grant if it appears that you will meet all of the eligibility requirements for the grant. If you are a continuing student who received an AC Grant for your freshman year, your eligibility for a second year AC Grant will be determined during the fall 2007 term.
As with all other forms of aid, if at any time you are found not to meet all requirements, the grant will be withdrawn.
The National Science and Mathematics Access to Retain Talent (SMART) Grant
This federal grant is for students in the third and fourth year of a bachelor’s program who are pursuing college majors in high demand in the global economy. (Fifth year undergraduate students and second bachelor’s degree students are not eligible.) You may receive a SMART Grant of up to $4,000 if you have the following qualifications:
- U.S. citizenship
- Federal Pell Grant recipient
- Full-time enrollment in an undergraduate degree program
- Cumulative TU GPA of at least 3.0
- Third (60-90 earned units) or fourth year student (90-120 earned units)
- Declared TU major in science, mathematics, technology, engineering, or critical foreign language.
Eligible TU majors for the SMART Grant include:
- Physical Science/Geology (PHSC-BS, GEOL-BS)
- Technology or critical foreign language: FORL-BS (TU does not offer critical foreign languages)
- Biology: BIOL-BS
- Chemistry: CHEM-BS
- Computer Science: COSC-BS
- Computer Information Systems: CIS-BS
- Earth-Space Science: ESSC-BS
- Environmental Science and Studies: ENVS-BS, Geology: GEOL-BS
- Mathematics: MATH-BS
- Molecular Biology, Biochemistry and Bioinformatics: MBBB-BS,
- Physics Southern Ocean Studies Dual-Degree Engineering Program: PHYS-BS, Medicinal Chemistry MDCH-BS, Forensic Chemistry: FCHM-BS
Eligible students will be notified of their SMART Grants during the fall 2007 term. Receiving a SMART Grant may result in a change to another part of your financial aid offer.
For more information on the new SMART Grant please visit the U.S. Department’s Web site at http://studentaid.ed.gov/. The Institutional Grant Program
Towson University may offer up to $9,000* from this university grants program to full-time students who are first bachelor's degree candidates and have financial need. Funding is extremely limited in this program and only the earliest and neediest applicants receive grants
*Annual grant maximums are subject to change.
Financial Aid Office
Enrollment Services, Room 339
Hours: Monday - Thursday, 8 a.m. - 5 p.m.; Friday, 8 a.m. - 4:30 p.m. (Reception Desk)
Monday - Thursday, 8:30 a.m. - 5 p.m.; Friday, 8:30 a.m. - 4:30 p.m. (Financial Aid Call Center)
1-888-4TOWSON (toll free)
Phone: 410-704-4236
Fax: 410-704-2584
E-mail: finaid@towson.edu
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