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TROY Tuition & Cost


Cost to Attend

In State Alabama Resident Sticker Price
$19,815
In State Costs for Troy University
Fee Cost
Tuition$7,584
Books and Supplies$1,138
Other Fees$1,108
Room and Board $6,688
Other Expenses Budget$3,297
Out of State Resident Sticker Price
$27,399
Out of State Costs for Troy University
Fee Cost
Tuition$15,168
Books and Supplies$1,138
Other Fees$1,108
Room and Board $6,688
Other Expenses Budget$3,297

Residents of Alabama pay an annual total price of $19,815 to attend Troy University on a full time basis. This fee is comprised of $7,584 for tuition, $6,688 room and board, $1,138 for books and supplies and $1,108 for other fees.

Out of state residents are charged a total cost of $27,399 which is 38.3% higher than Alabama residents. The tuition charge is $15,168 while room and board is $6,688, books and supplies are $1,138 and other fees come in at $1,108.


Sponsored

Net Price

Average Net Price '14/'15
$10,112
Net Price by Income Troy University
Family Income Net Price Paid
$0 to $30,000$11,740
$30,001 to $48,000$13,921
$48,001 to $75,000$14,751
$75,001 to $110,000$12,078
$110,000+n/a

The average reported annual net price for Troy University for students receiving grants or scholarship aid was $10,112 in 2014/2015.

Financial Aid

Finanical Aid Troy University
Type Avg./Student Students Receiving
Annual Total Grant Aid $7,369 72%
Pell Grant $4,749 43%
Federal Student Loan $6,479 76%

The average reported annual net price for Troy University for students receiving grants or scholarship aid was $10,112 in 2014/2015.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Troy University, we've modeled a ten year student loan with an original principal value of $39,252. The loan balance of $39,252 is a four year multiple of the $9,813 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $410 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.7%.

Example Loan $39,252
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $409.84
Total Interest Paid $9,928.28
Sum of All Loan Payments $49,180.28

Projected 4 Year Degree Price

4 Year Sticker Price
$79,260
Year 1 Year 2 Year 3 Year 4
Alabama Residents $19,815 $20,881 $22,005 $23,189
Non Residents $27,399 $28,873 $30,427 $32,065

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Troy University to be $79,260 - assuming graduation in normal time. The estimation assumes a 5.4% annual increase over the next 4 years which has been the recent trend for this school.

Cost Credit Hour and Price per Class

Credit Hour and Class Costs at Troy University
Price Per Credit 4 Credit Class 3 Credit Class
Alabama Residents $316 $948 $1,264
Out of State Residents $632 $1,896 $2,528

Estimated cost for a class at Troy University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Troy University versus other colleges.

Tuition Payment Plans Available

Troy University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=102368 IPEDS survey data for Troy University.