Troy University

www.troy.edu/

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2021 Undergraduate Tuition

$9,312

19.4% growth from 2020

2021 Average Net Price

$12,486

After Financial Aid

2019 Student Loan

2.63%

Default Rate

2021 Acceptance Rate

95.3%

6,766 Applicants

2021 Enrolled Students

14,901

57.6% Full-Time

2021 Graduation Rate

51%

852 Graduates

About

Troy University is a higher education institution located in Pike County, AL. In 2021, the most popular Bachelors Degree concentrations at Troy University were General Business Administration & Management (340 degrees awarded), General Psychology (271 degrees), and Criminal Justice - Safety Studies (185 degrees).

In 2021, 3,917 degrees were awarded across all undergraduate and graduate programs at Troy University. 64.2% of these degrees were awarded to women, and 35.8% awarded men. The most common race/ethnicity group of degree recipients was white (1,948 degrees), 1.85 times more than then the next closest race/ethnicity group, black or african american (1,051 degrees).

The median undergraduate tuition at Troy University is $9,312, which is $−13,872 less than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Troy University is $9,312, which is $−13,872 less than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $12,486.

In 2021, 72% of undergraduate students attending Troy University received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Tuition Costs

$9,312

2021 Undergraduate Tuition

In 2021, the cost of tuition at Troy University was $9,312. The cost of tuition at Troy University is $−13,872 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

This chart compares the tuition costs of Troy University (in red) with those of other similar universities.

Average Net Price

$12,486

2021 Value

5.82%

1 Year Growth

In 2021 Troy University had an average net price — the price paid after factoring in grants and loans — of $12,486. Between 2020 and 2021, the average net price of Troy University grew by 5.82%.

This chart compares the average net price of Troy University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$7,245

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Troy University was of $7,245 in 2021. The cost of room and board increased by 0.695% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Troy University (in red) with that of similar universities.

Financial Aid by Income Level

72%

Undergraduates Receiving Financial Aid through Grants

64%

Undergraduates Receiving Financial Aid through Loans

72% of undergraduate students at Troy University received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Troy University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2.63%

2019 Default Rate

126

Number of Defaults

In 2019 the default rate for borrower's at Troy University was 2.63%, which represents 126 out of the 4788 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Troy University received 6,766 undergraduate applications in 2021, which represents a 3.59% annual growth. Out of those 6,766 applicants, 6,446 students were accepted for enrollment, representing a 95.3% acceptance rate.

There were 14,901 students enrolled at Troy University in 2021. 5% of first-time enrollees submitted SAT scores with their applications.

Troy University has an overall enrollment yield of 24.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

95.3%

Acceptance Rate in 2021

6,446

Accepted Out of 6,766

In 2021, the undergraduate acceptance rate of Troy University was 95.3% (6,446 admissions from 6,766 applications). This is higher than the acceptance rate of 2020, which was 92.4%. Between 2020 and 2021, the number of applicants grew by 3.59%, while admissions declined by −0.632%..

This chart compares the acceptance rate of Troy University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2021)

Scores Submitted (2021)

5% of enrolled first-time students at Troy University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Troy University had a total enrollment of 14,901 students in 2021. The full-time enrollment at Troy University is 8,580 students and the part-time enrollment is 6,321. This means that 57.6% of students enrolled at Troy University are enrolled full-time.

The enrolled student population at Troy University, both undergraduate and graduate, is 51.5% White, 32.1% Black or African American, 4.89% Hispanic or Latino, 3.89% Two or More Races, 0.899% Asian, 0.275% American Indian or Alaska Native, and 0.121% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Troy University in full-time Undergraduate programs are most commonly White Female (36.4%), followed by White Male (20.5%) and Black or African American Female (19.2%). Students enrolled in full-time Graduate programs are most commonly White Female (31.9%), followed by Black or African American Female (29.9%) and White Male (13.3%).

Full-Time vs Part-Time Enrollment

57.6%

Full-Time Enrollment

The total enrollment at Troy University in 2021, both undergraduate and graduate, is 14,901 students. The full-time enrollment at Troy University is 8,580 and the part-time enrollment is 6,321. This means that 57.6% of students enrolled at Troy University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Troy University (in red) compares to similar universities.

Retention Rate over Time

74%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Troy University was 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Troy University had a retention rate higher than its peers.

This chart shows the retention rate over time at Troy University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
7,674 enrolled students
Black or African American
4,781 enrolled students
Hispanic or Latino
728 enrolled students

The enrolled student population at Troy University is 51.5% White, 32.1% Black or African American, 4.89% Hispanic or Latino, 3.89% Two or More Races, 0.899% Asian, 0.275% American Indian or Alaska Native, and 0.121% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 655 students (4.4%) did not report their race.

Graduates

In 2021, 1,111 more women than men received degrees from Troy University. The most common race/ethnicity group of degree recipients at Troy University is white (1,948 degrees awarded). There were 1.85 times more white recipients than the next closest race/ethnicity group, black or african american (1051 degrees).

The most common Bachelor's Degree concentration at Troy University is General Business Administration & Management (340 degrees awarded), followed by General Psychology (271 degrees) and Criminal Justice - Safety Studies (185 degrees).

In 2021, the most specialized majors across all degree types at Troy University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Public Administration and Social Service (478 degrees awarded), Psychology (422 degrees), and Protective Services (230 degrees).

Common Jobs by Major

Social workers, all other

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Troy University are Social workers, all other (262,999 people), Elementary & middle school teachers (233,321 people), Other managers (208,748 people), Lawyers, & judges, magistrates, & other judicial workers (181,947 people), and Police officers (154,486 people).

The most specialized majors at Troy University in 2021 are Public Administration and Social Service (478 degrees awarded), Psychology (422 degrees), Protective Services (230 degrees), Parks, Recreation, & Leisure (111 degrees), and History (35 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Troy University are Surgeons, Physicians, Diagnostic medical sonographers, Magnetic resonance imaging technologists, and Securities, commodities, & financial services sales agents

The most specialized majors at Troy University are Public Administration and Social Service (478 degrees awarded), Psychology (422 degrees), Protective Services (230 degrees), Parks, Recreation, & Leisure (111 degrees), and History (35 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Troy University are Elementary & secondary schools (642,751 people), Justice, public order, & safety activities (430,176 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (317,745 people), Colleges, universities & professional schools, including junior colleges (308,662 people), and Individual & family services (247,604 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Troy University.

Most Common (2021)

General Business Administration & Management
340 degree-majors awarded
General Psychology
271 degree-majors awarded
Criminal Justice - Safety Studies
185 degree-majors awarded

In 2021, the most common bachelors degree concentration at Troy University was General Business Administration & Management with 340 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Troy University according to their major.

Sex Breakdown for Common Majors

1,403

Degrees Awarded to Men

in 2021

2,514

Degrees Awarded to Women

in 2021

In 2021, 1,403 degrees were awarded to men at Troy University, which is 0.558 times less than the number of degrees awarded to females (2,514).

This chart displays the sex disparity between the top 5 majors at Troy University by degrees awarded.

Most Common Male Majors

In 2021, 280 degrees were awarded to men at Troy University in General Business Administration & Management, which is 1.2 times more than the 233 female recipients with that same degree.

Most Common Female Majors

In 2021, 286 degrees were awarded to men at Troy University in Social Work, which is 9.86 times more than the 29 male recipients with that same degree.

Time to Complete

25%

100% Completion Time

47%

150% Completion Time

In 2021, 25% of students graduating from Troy University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 47% completed their degrees within 150% of the normal time, and 51% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2021 at Troy University is Male and American Indian or Alaska Native (66.7% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.23% of graduates (19 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
1,948 degrees awarded
Black or African American
1,051 degrees awarded
Hispanic or Latino
148 degrees awarded

The most common race/ethnicity at Troy University is white (1,948 degrees awarded). There were 1.85 times more white recipients than the next closest race/ethnicity group, black or african american (1051 degrees).

11.1% of degree recipients (436 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
1,189 degrees awarded
Black or African American Female
792 degrees awarded
White Male
759 degrees awarded

The most common race/ethnicity and sex grouping at Troy University is white female (1,189 degrees awarded). There were 1.5 times more white female recipients than the next closest race/ethnicity group, black or african american female (792 degrees).

Operations

Troy University has an endowment valued at nearly $192M, as of the end of the 2021 fiscal year. The return on its endowment was of 19.4M (10.1%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Troy University had a total salary expenditure of 263M. Troy University employs 140 Associate professors, 134 Lecturers and 120 Assistant professors. Most academics at Troy University are Female Lecturer (90), Male Associate professor (77), and Female Assistant professor (69).

The most common positions for non-instructional staff at Troy University are: Office and Administrative Support, with 221 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 176 employees, and Management with 144 employees.

Endowment

$192M

2021 Endowment

26.4%

growth from 2020

Troy University has an endowment valued at about $192M, as of the end of the 2021 fiscal year. The endowment of Troy University grew 26.4% from the previous year. The value of their endowment was $142M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Troy University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$45.1M - Federal
$13.6M - State
$105k - Local

As of 2021, Troy University received $45.1M in grants and contracts from the federal government, $13.6M from state grants and contracts, and $105k from local grants and contracts.

Salary Expenditure

$99.1M

2021 Salaries

3.28%

decline from 2020

In 2021, Troy University paid a median of $99.1M in salaries, which represents 37.7% of their overall expenditure ($263M) and a 3.28% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$34.6M

Instructional Salaries

458

Number of Employees

In 2021, Troy University paid a total of $34.6M to 458 employees working as instructors, which represents 34.9% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

140 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

221 Employees

In 2021, the most common positions for instructional staff at Troy University were Associate professor with 140 employees, Lecturer with 134 employees, and Assistant professor with 120 employees.

In 2021, the most common positions for non-instructional staff at Troy University were Office and Administrative Support with 221 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 176 employees, and Management with 144 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Lecturer
Male Associate professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Troy University was Female Lecturer with 90 employees, Male Associate professor with 77 employees, and Female Assistant professor with 69 employees.

This chart shows the sex split between each academic rank present at Troy University.