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Troy University

Troy, AL 36082-0001 — Public

Value Score: 65/100 | ROI Score: 3 | Affordability Score: 90/100

Tuition (In-State): $10,176 | Out-of-State: $20,352

Acceptance Rate: 96.0% | Graduation Rate: 48.5% | Retention Rate: 71.2%

Median Earnings (10yr): $42,062 | Median Debt: $25,000

SAT Average: 1088 | ACT Midpoint: 21

Student Body Size: 9,805 (medium)

Pell Grant Recipients: 42.8% | Federal Loan Rate: 66.8%

Average Faculty Salary: $7,612/month

Tuition & Affordability Analysis

In-state tuition at Troy University is $10,176 per year, which is 7% below the national average for public institutions.

Out-of-state students pay $20,352/year — a premium of $10,176 over in-state rates. Over four years, out-of-state students pay approximately $40,704 more than their in-state peers.

Estimated four-year tuition cost: $40,704 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Troy University:

  • Families earning $0–$30,000: $12,656/year
  • Families earning $30,001–$48,000: $12,042/year
  • Families earning $48,001–$75,000: $14,321/year
  • Families earning $75,001–$110,000: $18,406/year
  • Families earning $110,000+: $22,139/year

Admissions Snapshot

Troy University has an acceptance rate of 96.0%, placing it in the Open Admission (85%+) category. This means roughly 2,552 students apply each year.

Troy University accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

The average SAT score of admitted students is 1088, near the national average. This is within the mid-range nationally.

The ACT midpoint is 21, near the national average.

Graduate Outcomes & Return on Investment

48.5% of students at Troy University complete their degree, 22% below the national average. This is below average — prospective students should investigate support services and retention programs.

First-year retention rate: 71.2% (12% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of Troy University earn a median salary of $42,062 ten years after enrollment, near the national average. This represents a $7,062/year earnings premium over the average high school diploma holder, or $211,860 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $25,000, 16% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $271/month, with a total repayment of $32,520 (including $7,520 in interest).

Debt-to-Earnings Ratio: 0.59x. This is a healthy ratio, suggesting debt is manageable for most graduates.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Troy University pays for itself in approximately 6 years. This is a reasonable investment timeline.

Financial Aid Profile

42.8% of students at Troy University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 30% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

66.8% of students take federal loans, 42% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Average faculty salary: $7,612/month, 13% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Troy University enrolls 9,805 undergraduate students. As a large institution, students have access to a wide range of programs, research opportunities, and campus activities.

Diversity Index: 62/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 52%, Hispanic 5%, Black 33%, Asian 1%.

Troy University: Medium-Sized Public Institution with High Admission Rates and Below-Average Graduation and Earnings Rates

Report Card: Overall Grade D+

Troy University receives an overall grade of D+ based on six dimensions:

  • Academics: D
  • Value: D
  • Outcomes: C
  • Affordability: C+

College Analysis

Troy University is a Public institution in Troy, AL with approximately 9,805 students. Troy University has a high admission rate, indicating it may be more accessible to a broader range of students. The graduation rate is below the national average, suggesting potential challenges in student retention and support services. Median earnings 10 years post-graduation are lower than the national average, indicating a need for improved career services or program offerings.

The Verdict: Is Troy University Worth It?

Troy University presents a mixed value proposition, leaning towards a potentially good deal for in-state students but requiring careful consideration for out-of-state attendees. With an in-state tuition of $10,176, the annual cost is quite accessible. However, the median debt of $25,000 and a 10-year median earnings of $42,062 present a moderate debt-to-income ratio. A $25,000 debt at a typical 6% interest rate would result in monthly payments of around $265. Earning $42,062 annually means roughly 7.3% of gross income goes towards student loan repayment, which is within manageable limits, especially considering the low cost of living in Troy. The ROI score of 3 suggests a moderate return. For out-of-state students facing tuition of $20,352, the value proposition diminishes significantly, making the debt burden potentially harder to manage against the median earnings. The graduation rate of 48.5% is a concern, indicating that a substantial portion of students do not complete their degrees, which can negatively impact the return on investment. Overall, for Alabama residents seeking an affordable education, Troy University can be a reasonable choice, particularly if they secure employment within the state where living costs are lower. For others, the value is less clear-cut and depends heavily on securing higher-paying employment or pursuing further education.

Return on Investment

While the degree is affordable, the lower graduation and earnings rates suggest a potential risk to the return on investment.

Debt Reality Check

Median student debt at Troy University: $25,000. Monthly payment on a standard 10-year plan: $284/month. Total repaid: $34,080 ($9,080 in interest).

Breakeven vs high school diploma: 2.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $34,080.

Strengths

  • Above-average affordability
  • High admission rate

Weaknesses

  • Below-average graduation rate
  • Below-average median earnings 10 years post-graduation

Academic Profile

SAT Average: 1088. ACT Midpoint: 21. Retention Rate: 71.2%.

Troy University provides a broad range of academic programs, with particular strengths in areas like Business, Education, and Nursing. The Sorrell College of Business is well-regarded, offering specialized tracks that prepare students for the modern workforce. The College of Education is a cornerstone of the university, consistently producing educators who serve schools across Alabama and beyond. For those interested in healthcare, the School of Nursing boasts a strong reputation and high NCLEX pass rates. Research opportunities, while perhaps not as extensive as at larger research institutions, are available, particularly for undergraduates looking to engage with faculty on specific projects. The university emphasizes accessible faculty interaction, and while specific faculty salary data isn't provided, the student-faculty ratio (which is not provided but can be inferred to be moderate given the size and public nature) likely allows for personalized attention. Troy offers a robust Honors Program for high-achieving students, providing enriched coursework and opportunities for leadership and research. Study abroad programs are available, allowing students to gain international perspectives. Academic support is a priority, with resources like the University Success Center offering tutoring, academic advising, and workshops to help students succeed.

Financial Aid Guide for Troy University

Pell Grant recipients: 42.8%. Students taking federal loans: 66.8%.

Troy University aims to make its education accessible through a combination of financial aid options. Merit-based scholarships are available for incoming freshmen and transfer students who demonstrate strong academic achievement, often awarded automatically with admission based on GPA and test scores (though these are not provided). Need-based aid, including Pell Grants and state aid, is crucial for many students, and applicants should complete the FAFSA as early as possible. For the 2023-2024 academic year, in-state tuition and fees hover around $10,176 and out-of-state around $20,352. While specific average aid packages aren't detailed, students with family incomes below $50,000 often receive significant grant and scholarship aid that can cover a substantial portion of tuition. Work-study opportunities are also available, providing on-campus employment for students with financial need. Scholarship applications are often managed through the university's scholarship portal, and students are encouraged to seek out departmental scholarships and external awards. Negotiating financial aid at Troy is generally not a primary strategy; the focus is on applying for all available aid and scholarships. For students with higher incomes, merit scholarships become more critical in reducing the overall cost of attendance.

Hidden Costs at Troy University

  • Room and board costs can range from $8,000 to $12,000 annually, depending on the chosen meal plan and housing type.
  • Textbooks and course materials can add an estimated $1,000 to $1,500 per academic year.
  • Mandatory student fees, including technology and activity fees, typically amount to $800 to $1,200 per year.
  • Transportation costs, including gas, car maintenance, or public transit, can vary widely but budget at least $500-$1,000 annually.
  • Parking permits for students with vehicles on campus can cost between $100 and $300 per semester.
  • Personal expenses, such as toiletries, entertainment, and incidental purchases, should be budgeted at $1,500 to $2,500 per year.
  • Health insurance, if not covered by a parent's plan, can add approximately $2,000 to $3,000 annually.

Alumni Outcomes & Career Paths

Troy University graduates enter a diverse job market, with many finding opportunities within Alabama and the surrounding Southeastern states. While specific major employer lists are not publicly detailed, common recruitment patterns suggest engagement with regional defense contractors, healthcare systems, and educational institutions. Companies like Lockheed Martin, a significant presence in Alabama, often recruit from state universities. The healthcare sector, with major systems such as Baptist Health and USA Health in nearby Mobile, also provides a consistent pipeline for graduates in nursing and health sciences. Educational roles are prevalent, with alumni often finding positions in K-12 school districts across Alabama and in higher education institutions. Industries where alumni cluster include government/public administration, education, healthcare, and increasingly, technology and manufacturing, particularly in areas with growing aerospace and automotive sectors. Graduate school placement rates are not prominently published, but the university supports students pursuing advanced degrees through its academic advising and pre-professional programs. Notable alumni include figures like NFL coach Bobby Bowden and former Alabama Governor Bob Riley, indicating success across various professional fields. Troy University's Career Services offers resume workshops, mock interviews, and career fairs, aiming to connect students with employers. Internship pipelines are often facilitated through faculty connections and regional partnerships, with students gaining experience in local government offices, hospitals, and businesses. Geographic hiring patterns show a strong tendency for graduates to remain within a 200-mile radius of Troy, particularly in cities like Montgomery, Dothan, and Mobile, though some alumni do find opportunities in larger hubs like Atlanta, GA, and Nashville, TN.

Campus Life & Culture at Troy University

Troy University attracts a student body primarily from Alabama and surrounding Southern states, fostering a strong regional identity. While diversity is growing, the student population tends to be predominantly white. Students who thrive here often appreciate a friendly, community-oriented environment with a strong emphasis on school spirit and traditional college experiences.

Troy University, nestled in the heart of Alabama, offers a quintessential Southern college experience with a strong sense of community and tradition. The campus itself is a picturesque blend of historic architecture and modern facilities, centered around the iconic Trojan Arena and the beautiful Quad. The 'vibe' is friendly and laid-back, characteristic of its location, but with a spirited energy, especially on game days. Student life is vibrant, with over 150 student organizations catering to a wide array of interests, from academic clubs and cultural groups to service organizations and intramural sports. Greek life is a significant part of the social fabric for many students, with several fraternities and sororities contributing to campus events and traditions. Athletics are a major draw, with the Troy Trojans football team commanding significant attention and fostering a passionate fan base that fills Veterans Memorial Stadium. Beyond organized activities, students often gather at local spots in downtown Troy or enjoy the natural beauty surrounding the campus. Housing options range from traditional residence halls on campus, like the popular Hill Hall and Wood Hall, to off-campus apartments. Meal plans are designed to accommodate various lifestyles, with options available at dining halls and retail locations across campus. The university actively promotes a sense of belonging, making it easy for new students to find their niche and feel at home.

Campus Highlights

  • The iconic 'Sound of the South' marching band, a nationally recognized ensemble that energizes athletic events and campus life.
  • Veterans Memorial Stadium, a vibrant hub for Trojan football games and a symbol of school spirit.
  • The Trojan Arena, hosting basketball, volleyball, and numerous campus events.
  • The beautiful and central Quad, a popular gathering spot for students and a picturesque campus landmark.
  • A strong sense of Southern hospitality and a welcoming community atmosphere.
  • The university's commitment to serving military-affiliated students, with a significant presence and support for active duty and veteran personnel.
  • The annual 'Homecoming' celebration, a major tradition filled with parades, tailgating, and spirited events.

Location & Regional Advantages

Troy University's location in Troy, Alabama, offers a unique regional context for its students. The immediate job market in Troy itself is modest, primarily driven by the university, local government, and small businesses. However, its strategic position within the Wiregrass Region of Southeast Alabama provides access to larger economic centers. Montgomery, the state capital, is approximately an hour's drive away and offers more robust opportunities in state government, education, and healthcare. Dothan, another significant regional hub, is about 45 minutes away and boasts a strong healthcare sector and a growing industrial base. Proximity to Florida's Panhandle, particularly Pensacola, offers additional employment possibilities, especially in the military and tourism sectors. The cost of living in Troy is notably low, making the overall financial burden of attending and living post-graduation more manageable compared to major metropolitan areas. This affordability extends to housing and daily expenses, allowing graduates to potentially save more or pay down debt faster. While not directly adjacent to major industry hubs like Atlanta or Birmingham, Troy's location facilitates access to these cities for internships and job searches, with Atlanta being roughly a 3-hour drive. The quality of life in Troy is characteristic of a small Southern town, offering a close-knit community feel, a slower pace of life, and access to outdoor recreational activities. Weather is typical of the Deep South, with hot, humid summers and mild winters. Safety is generally good in Troy, consistent with many college towns. The geographic advantage lies in its affordability and its position as a central point for accessing various regional employment markets within Alabama and the Florida Panhandle, rather than being in the shadow of a single dominant industry hub.

How to Get Into Troy University

Troy University has a high admission rate of 96.0%, indicating a generally accessible admissions process. The primary focus for admission is on a solid academic record, with a strong high school GPA being the most critical factor. While SAT/ACT scores are not provided, applicants with higher GPAs are generally favored. Essays are not typically a major component for admission at this selectivity level, but a well-written personal statement can help if there are any extenuating circumstances or unique aspects to highlight. Demonstrated interest is not heavily emphasized; the university is more focused on ensuring students are academically prepared for success. Early Action (EA) is available, which allows students to apply early and receive a decision without being contractually obligated to attend. This can be a good strategy for students who are confident in their choice and want to secure their admission and financial aid package sooner. The timeline recommendation is to apply by the priority deadline (often in late winter or early spring) to maximize scholarship and aid opportunities. Focus on presenting a strong academic profile and completing all application requirements thoroughly.

How Troy University Compares to Similar Schools

Similar schools: University of Alabama, Auburn University, Jacksonville State University, University of South Alabama

Advantages

  • Significantly lower in-state tuition compared to flagship universities like UA and Auburn.
  • Stronger focus on regional employment needs, potentially offering more accessible local job placement.
  • More intimate campus environment and potentially smaller class sizes in some programs.

Disadvantages

  • Lower national and state rankings compared to flagship institutions.
  • Fewer resources and research opportunities compared to larger, more established universities.
  • Lower overall graduation rate may indicate challenges in student retention or program completion.

Best For

  • Students seeking a more selective institution with higher graduation rates.
  • Students prioritizing high earning potential and career services.
  • Students looking for a more selective institution with higher graduation rates.

Avoid If

  • Students who do not require a highly selective institution.
  • Students who are not concerned about the institution's graduation rate.

Frequently Asked Questions about Troy University

How much does it cost to attend Troy University?

In-state tuition at Troy University is $10,176 per year, and out-of-state tuition is $20,352 per year. The median student debt at graduation is $25,000.

What is the acceptance rate at Troy University?

Troy University has an acceptance rate of 96.0%.

What is the graduation rate at Troy University?

Troy University has a graduation rate of 48.5%.

How much do Troy University graduates earn?

The median earnings for Troy University graduates 10 years after enrollment is $42,062. With median debt of $25,000, graduates earn roughly 1.7x their debt level annually.

How big is Troy University?

Troy University has approximately 9,805 students and is classified as a medium institution. It is located in Troy, AL and is a Public institution.

Is Troy University worth the cost?

Troy University has an ROI score of 3 out of 100. With in-state tuition of $10,176 per year and median post-graduation earnings of $42,062, the data suggests the return on investment may be below average.

Where is Troy University located?

Troy University is located in Troy, AL. It is a Public institution with approximately 9,805 students.

How much student debt do Troy University graduates have?

The median student debt for Troy University graduates is $25,000. With median earnings of $42,062 ten years after enrollment, graduates can expect a debt-to-income ratio of 59%.

Is Troy University a good college?

Troy University has a graduation rate of 48.5% and median post-graduation earnings of $42,062. High admission rate (96.04%)

How does Troy University compare to similar colleges?

Medium-sized institution (9,805 students) Compared to peer institutions, Troy University offers a more affordable education but struggles with lower graduation and earnings rates.

What career prospects do Troy University graduates have?

Graduates may find limited job opportunities or need additional training to improve their earning potential.

What should prospective students know about Troy University?

Troy University is positioned in a competitive market with a focus on affordability but may need to improve retention and career services.

What makes Troy University stand out?

Above-average affordability score (90)

What are the pros and cons of attending Troy University?

Below-average graduation rate (48.47%)

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.