The Federal Perkins Loan Program Towson University may offer Perkins Loans to first and second bachelor's degree candidates, or graduate students. The university offers loans from this program first to students with exceptional financial need. Interest does not begin to accrue, and no payment of principal is due, until nine months after the borrower leaves school or drops below half time enrollment. New borrowers at Towson University must complete an on-line entrance loan counseling session , and all borrowers who graduate or leave school must complete an exit loan counseling session. The university may offer aid from the Federal Work-Study Program if you are a first and second bachelor's degree or graduate student.
Most jobs start at minimum wage.
Jobs are available on and off campus. The university encourages students to consider off campus jobs in community service organizations. If you accept FWS as part of your aid package, please remember that you cannot earn more than the total eligibility shown on your Financial Aid Notification. Unlike grants and loans, your FWS eligibility does not defer payments of tuition and fees and other university charges. Instead, you receive biweekly paychecks as you work.