TU ranks No. 1 among Maryland’s affordable public institutions

Towson University earns ‘Best Bang for the Buck,’ top value ranking among Maryland universities

November 5, 2021

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A Towson University education is widely regarded as one of the most affordable in higher education.

Among a bevy of rankings and recognitions this fall, TU has been rated as the best value among Maryland public institutions, according to “Money” magazine. TU also was the top-ranked institution in Maryland, and No. 30 in the competitive northeast region, in “Washington Monthly’s” Best Bang for the Buck list. “U.S. News & World Report” positioned TU in the top 100 among national public institutions in a multitude of categories, including value, where TU ranked No. 78.

TU, like its peer public institutions within the University System of Maryland (USM), remains among the best values in the nation. In-state tuition fees in Maryland are well below the national average for the 2021–22 academic year. And Maryland’s public tuition is recognized as substantially more affordable than those in neighboring states.

“The USM Board of Regents and leaders throughout our system have long prioritized college affordability,” said USM Chancellor Jay A. Perman. “Keeping tuition and fees down is a pledge we’ve made to our students and their families, and it’s a pledge we’ve kept over many years. Helping us in this commitment are leaders in Annapolis who know the quality of a USM education, who know what it makes possible for graduates and who support us so we can open access to more and more students. Working together, we’ve made a real difference.”

USM institutions during FY 2020 awarded a total of more than $1.73 billion in financial aid when combining undergraduate and graduate aid. That figure includes $1.099 billion for undergraduates. Nearly 96,000 undergraduates received aid, with an average award (consisting of some combination of loans, grants and work-study) of $11,466.

As a public institution, TU is committed to keeping tuition rates low. Financial aid programs, from grants and scholarships to loans and student employment, also help to keep a TU education affordable and accessible.