Troy University

www.troy.edu

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2024 Undergraduate Tuition
$10,176
3.92% growth from 2023
2024 Average Net Price
$12,842
After Financial Aid
2024 Acceptance Rate
96%
9,474 Applicants
2024 Enrolled Students
13,658
61% Full-Time
2024 Graduation Rate
49.2%
814 Graduates

About

Troy University is a higher education institution located in Pike County, AL. In 2024, the most popular Bachelors Degree concentrations at Troy University were General Business Administration & Management (297 degrees awarded), Other Multidisciplinary Studies (239 degrees), and General Psychology (231 degrees).

In 2024, 3,303 degrees were awarded across all undergraduate and graduate programs at Troy University. 64.8% of these degrees were awarded to women, and 35.2% awarded men. The most common race/ethnicity group of degree recipients was white (1,871 degrees), 1.99 times more than then the next closest race/ethnicity group, black or african american (942 degrees).

The median undergraduate tuition at Troy University is $10,176, which is $−15,112 less than the national average for Masters Colleges and Universities ($25,288).

Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Troy University is $10,176, which is $15,112 less than the national average for Masters Colleges and Universities ($25,288).

After taking grants and loans into account, the average net price for students is $12,842.

In 2024, 76% of undergraduate students attending Troy University received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$10,176
2024 Undergraduate Tuition

In 2024, the cost of tuition at Troy University was $10,176. The cost of tuition at Troy University is $−15,112 less than than the overall (public and private) national average for Masters Colleges and Universities ($25,288).

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

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Average Net Price

$12,842
2024 Value
2.7%
1 Year Growth

In 2024 Troy University had an average net price — the price paid after factoring in grants and loans — of $12,842. Between 2023 and 2024, the average net price of Troy University grew by 2.7%.

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.

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Other Student Expenses

$9,428
Room and Board
$1,366
Books and Supplies

The average yearly cost of room and board at Troy University was of $9,428 in 2024. The cost of room and board increased by 5.1% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,366. The cost of books and supplies increased by 5.08% during the same period.

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

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Financial Aid by Income Level

76%
Undergraduates Receiving Financial Aid through Grants
67%
Undergraduates Receiving Financial Aid through Loans

76% of undergraduate students at Troy University received financial aid through grants or loans in 2024. This represents a growth of 2.7% with respect to 2023, when 74% 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.

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Admissions

Troy University received 9,474 undergraduate applications in 2024, which represents a 19.2% annual growth. Out of those 9,474 applicants, 9,099 students were accepted for enrollment, representing a 96% acceptance rate.

There were 13,658 students enrolled at Troy University in 2024. 6% of first-time enrollees submitted SAT scores with their applications.

Troy University has an overall enrollment yield of 20.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

96%
Acceptance Rate in 2024
9,099
Accepted Out of 9,474

In 2024, the undergraduate acceptance rate of Troy University was 96% (9,099 admissions from 9,474 applications). This is higher than the acceptance rate of 2023, which was 92.6%. Between 2023 and 2024, the number of applicants grew by 19.2%, while admissions grew by 23.6%.

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.

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SAT Scores

6%
Submission Percentage (2024)
115
Scores Submitted (2024)

6% of enrolled first-time students at Troy University in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Troy University had a total enrollment of 13,658 students in 2024. The full-time enrollment at Troy University is 8,338 students and the part-time enrollment is 5,320. This means that 61% of students enrolled at Troy University are enrolled full-time.

The enrolled student population at Troy University, both undergraduate and graduate, is 51.4% White, 31.9% Black or African American, 5.67% Hispanic or Latino, 4.43% Two or More Races, 1.27% Asian, 0.205% American Indian or Alaska Native, and 0.132% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Troy University in full-time Undergraduate programs are most commonly White Female (35.9%), followed by White Male (20.5%) and Black or African American Female (18.3%). Students enrolled in full-time Graduate programs are most commonly White Female (31.3%), followed by Black or African American Female (26.6%) and White Male (15.1%).

Full-Time vs Part-Time Enrollment

61%
Full-Time Enrollment

The total enrollment at Troy University in 2024, both undergraduate and graduate, is 13,658 students. The full-time enrollment at Troy University is 8,338 and the part-time enrollment is 5,320. This means that 61% of students enrolled at Troy University are enrolled full-time compared with 68.6% 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.

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Retention Rate over Time

71%
2024 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 71%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Troy University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    7,017 enrolled students
  2. Black or African American
    4,358 enrolled students
  3. Hispanic or Latino
    774 enrolled students

The enrolled student population at Troy University is 51.4% White, 31.9% Black or African American, 5.67% Hispanic or Latino, 4.43% Two or More Races, 1.27% Asian, 0.205% American Indian or Alaska Native, and 0.132% 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 48.8% White, 18.2% Hispanic or Latino, and 13.7% 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, 174 students (1.27%) did not report their race.

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Graduates

In 2024, 979 more women than men received degrees from Troy University. The most common race/ethnicity group of degree recipients at Troy University is white (1,871 degrees awarded). There were 1.99 times more white recipients than the next closest race/ethnicity group, black or african american (942 degrees).

The most common Bachelor's Degree concentration at Troy University is General Business Administration & Management (297 degrees awarded), followed by Other Multidisciplinary Studies (239 degrees) and General Psychology (231 degrees).

In 2024,  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 (308 degrees awarded), Interdisciplinary Studies (242 degrees), and Psychology (383 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 (267,564 people), Other managers (237,145 people), Elementary & middle school teachers (227,272 people), Police officers (163,810 people), and Registered nurses (121,189 people).

The most specialized majors at Troy University in 2024 are Public Administration and Social Service (308 degrees awarded), Interdisciplinary Studies (242 degrees), Psychology (383 degrees), Parks, Recreation, & Leisure (100 degrees), and Protective Services (144 degrees) (as of 2024).

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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, Cardiovascular technologists and technicians, Geoscientists and hydrologists, except geographers, and Photographic process workers & processing machine operators

The most specialized majors at Troy University are Public Administration and Social Service (308 degrees awarded), Interdisciplinary Studies (242 degrees), Psychology (383 degrees), Parks, Recreation, & Leisure (100 degrees), and Protective Services (144 degrees) (as of 2024).

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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 (683,870 people), Justice, public order, & safety activities (427,600 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (413,483 people), Colleges, universities & professional schools, including junior colleges (309,726 people), and Outpatient care centers (301,720 people).

The most specialized majors at Troy University are Public Administration and Social Service (308 degrees awarded), Interdisciplinary Studies (242 degrees), Psychology (383 degrees), Parks, Recreation, & Leisure (100 degrees), and Protective Services (144 degrees) (as of 2024).

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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 (2024)
  1. Other Liberal Arts & Sciences, General Studies, & Humanities
    133 degrees awarded
  2. Registered Nursing
    79 degrees awarded

In 2024, the most common associates degree concentration at Troy University was Other Liberal Arts & Sciences, General Studies, & Humanities with 133 degrees awarded.

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

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Sex Breakdown for Common Majors

1,162
Degrees Awarded to Men
in 2024
2,141
Degrees Awarded to Women
in 2024

In 2024, 1,162 degrees were awarded to men at Troy University, which is 0.543 times less than the number of degrees awarded to females (2,141).

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

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Most Common Male Majors

In 2024, 282 degrees were awarded to men at Troy University in General Business Administration & Management, which is 1.23 times more than the 230 female recipients with that same degree.

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Most Common Female Majors

In 2024, 248 degrees were awarded to men at Troy University in Registered Nursing, which is 7.52 times more than the 33 male recipients with that same degree.

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Time to Complete

24%
100% Completion Time
45%
150% Completion Time

In 2024, 24% of students graduating from Troy University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 47% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (61.2%)

The student demographic with the highest graduation rate in 2024 at Troy University is Female and White (61.2% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (75.5%).

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, 1.99% of graduates (16 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    1,871 degrees awarded
  2. Black or African American
    942 degrees awarded
  3. Hispanic or Latino
    159 degrees awarded

The most common race/ethnicity at Troy University is white (1,871 degrees awarded). There were 1.99 times more white recipients than the next closest race/ethnicity group, black or african american (942 degrees).

2.09% of degree recipients (69 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    1,162 degrees awarded
  2. White Male
    709 degrees awarded
  3. Black or African American Female
    698 degrees awarded

The most common race/ethnicity and sex grouping at Troy University is white female (1,162 degrees awarded). There were 1.64 times more white female recipients than the next closest race/ethnicity group, white male (709 degrees).

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Operations

Troy University has an endowment valued at nearly $150M, as of the end of the 2024 fiscal year. The return on its endowment was of 23.9M (15.9%) compared to the 9.96% average return (5.41M on 54.3M) across all Masters Colleges and Universities.

In 2024, Troy University had a total salary expenditure of 276M. Troy University employs 134 Lecturers, 117 Associate professors and 116 Assistant professors. Most academics at Troy University are Female Lecturer (96), Female Assistant professor (71), and Female Associate professor (61).

The most common positions for non-instructional staff at Troy University are: Office and Administrative Support, with 220 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 187 employees, and Management with 140 employees.

Endowment

$150M
2024 Endowment
17%
decline from 2023

Troy University has an endowment valued at about $150M, as of the end of the 2024 fiscal year. The endowment of Troy University declined 17% from the previous year. The value of their endowment was $96M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $14.5M - Federal
  2. $16.6M - State
  3. $77.8k - Local

As of 2024, Troy University received $14.5M in grants and contracts from the federal government, $16.6M from state grants and contracts, and $77.8k from local grants and contracts.

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Salary Expenditure

$108M
2024 Salaries
0%
growth from 2023

In 2024, Troy University paid a median of $108M in salaries, which represents 39.3% of their overall expenditure ($276M) and a 0% growth from the previous year.

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Instructional Salaries

$35.5M
Instructional Salaries
439
Number of Employees

In 2024, Troy University paid a total of $35.5M to 439 employees working as instructors, which represents 32.7% of all salaries paid.

This is compared to a median of $1.15M (2.91%) for similar Masters Colleges and Universities.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Troy University were Office and Administrative Support with 220 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 187 employees, and Management with 140 employees.

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