Troy University

In 2022, tuition for full-time students at Troy University was $12,240 a year for in-state students and $24,480 a year for out-of-state students.

Usually, college tuition goes up about 3% every year.

If this makes attending the college of your dreams sound impossible, remember, the total cost of tuition isn't the final cost for attending college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.

International students can expect to pay 24,480 per year for tuition at Troy University.

The average financial aid package for a full-time, first-year student at Troy University is around $3,232 a year.

In 2020, students graduated with an average of $26,133 in student loans for each student with debt.

Does Troy University Offer In-State and Out-of-State Tuition?

Troy University is a public institution, which means it offers a reduced tuition rate of $12,240 for in-state students who attend full-time. For students who are not considered Alabama-residents, out-of-state tuition is $24,480 a year.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to confirm your state's criteria for in-state residency. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements too, depending on the state you and your parents currently live in.

Explore other Alabama colleges

Troy University International Student Tuition

Troy University has the same tuition for international students as for those from out of state.

International students at Troy University usually pay around $24,480 per year, before any scholarships, grants or other financial aid.

Students from outside of the U.S. are not eligible for federal financial aid, but may qualify for private or Troy University-specific grants, scholarships, and other funding opportunities.

International students without financial need may be eligible for merit-based institutional scholarships.

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Troy University Room, Board, Fees, and More

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Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Troy University.

Room and Board Costs at Troy University

Room and board at Troy University costs $7,996 a year. This number includes the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of a mean plan, or board-only, is $4,120.

Meal-plan costs may vary depending on the number of meals you intend to eat on-campus

How Much Do Books Cost at Troy University?

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city could be pricey, but there may be more trains, busses or low-cost flight options to actually get to school. Troy Universityis in a rural area in Alabama.

Other Costs

When creating a budget for college, don’t forget to consider personal expenses, like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Troy University

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Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending Troy University.

How Much Does Troy University Cost?

What will the cost of attending Troy University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$12,240
Out-of-State Tuition	$24,480
Room and Board	$7,996
Other expenses	$3,150

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

Troy University’s tuition and fees change based on: •Course load for both full and part-time students

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Troy University Financial Aid

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In 2023, 4,753 of the 10,768 undergrads enrolled received financial aid.

The average financial aid package for a full-time, first-year student is around $3,232 a year. Around 84% of Troy University undergrads take out student loans to cover any remaining costs. Troy University graduates who have student loans graduate with an average of $26,133 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$25,403
Private Loans	$22,368

Most Common Loans for Troy University Students
Federal Loans	83%
Private loans	11%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Troy University financial aid, keep reading, or visit their financial aid website.

Scholarships at Troy University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Troy University awarded 3,291 need-based scholarships to students, giving away total of $22.6 million to help students with financial need cover the cost of school. An additional $24.9 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Troy University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Troy University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Troy University was $3,232 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Troy University seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$16,922.3
Net In-state, Off-campus	$12,158
Out-of-State, On-Campus	$32,394.3

What will attending Troy University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Troy University's net cost calculator on their website.

Troy University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Troy University does not have guaranteed tuition.

Troy University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Troy University Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Troy University has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Troy University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Troy University's endowment was valued at $163.7 million in 2023, compared to a national average of $905 million. For each full-time student, Troy University spends about $7,548 a year.

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Learn More About Troy University

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

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