Troy University

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2020 Undergraduate Tuition
$7,800
0% growth from 2019
2020 Average Net Price
$13,257
After Financial Aid
2018 Student Loan
7.4%
Default Rate
2020 Acceptance Rate
92.4%
7,018 Applicants
2020 Enrolled Students
16,497
57.1% Full-Time
2020 Graduation Rate
49.9%
726 Graduates

About

Troy University is a higher education institution located in Pike County, AL. In 2016, the most popular Bachelor's Degree concentrations at Troy University were General Business Administration & Management (278 degrees awarded), General Psychology (261 degrees), and Criminal Justice - Safety Studies (186 degrees).

In 2020, 3,779 degrees were awarded across all undergraduate and graduate programs at Troy University. 63.3% of these degrees were awarded to women, and 36.7% awarded men. The most common race/ethnicity group of degree recipients was white (1,801 degrees), 1.83 times more than then the next closest race/ethnicity group, black or african american (982 degrees).

The median undergraduate tuition at Troy University is $7,800, which is $−14,730 less than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Troy University is $7,800, which is $−14,730 less than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $13,257.

In 2020, 72% of undergraduate students attending Troy University received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$7,800
2020 Undergraduate Tuition

In 2020, the cost of tuition at Troy University was $7,800. The cost of tuition at Troy University is $−14,730 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

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Average Net Price

$13,257
2020 Value
2.36%
1 Year Growth

In 2020 Troy University had an average net price — the price paid after factoring in grants and loans — of $13,257. Between 2019 and 2020, the average net price of Troy University grew by 2.36%.

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

$7,195
Room and Board
$1,300
Books and Supplies

The average yearly cost of room and board at Troy University was of $7,195 in 2020. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 12.3% between 2019 and 2020. The cost of books and supplies increased by 14.2% 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

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 2020. This represents a growth of 1.41% with respect to 2019, when 71% 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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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.
7.4%
2018 Default Rate
354
Number of Defaults

In 2018 the default rate for borrower's at Troy University was 7.4%, which represents 354 out of the 4784 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.

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Admissions

Troy University received 7,018 undergraduate applications in 2020, which represents a 14.2% annual growth. Out of those 7,018 applicants, 6,487 students were accepted for enrollment, representing a 92.4% acceptance rate.

There were 16,497 students enrolled at Troy University in 2020, and 6% of first-time enrollees submitted SAT scores with their applications.

Troy University has an overall enrollment yield of 28.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

92.4%
Acceptance Rate in 2020
6,487
Accepted Out of 7,018

In 2020, the undergraduate acceptance rate of Troy University was 92.4% (6,487 admissions from 7,018 applications). This is higher than the acceptance rate of 2019, which was 87.6%. Between 2019 and 2020, the number of applicants grew by 14.2%, while admissions grew by 20.5%.

This chart compares the acceptance rate of Troy University (in red) with that of other similar universities.

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SAT Scores

6%
Submission Percentage
107
Scores Submitted

6% of enrolled first-time students at Troy University in 2020 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.

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Enrollment

Troy University has a total enrollment of 16,497 students. The full-time enrollment at Troy University is 9,427 students and the part-time enrollment is 7,070. This means that 57.1% of students enrolled at Troy University are enrolled full-time.

The enrolled student population at Troy University, both undergraduate and graduate, is 50.3% White, 31.2% Black or African American, 4.59% Hispanic or Latino, 3.62% Two or More Races, 0.988% Asian, 0.321% American Indian or Alaska Native, and 0.127% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Troy University in full-time Undergraduate programs are most commonly White Female (35.8%), followed by White Male (21.1%) and Black or African American Female (18.3%). Students enrolled in full-time Graduate programs are most commonly White Female (30.4%), followed by Black or African American Female (28.8%) and White Male (13.9%).

Full-Time vs Part-Time Enrollment

57.1%
Full-Time Enrollment

The total enrollment at Troy University, both undergraduate and graduate, is 16,497 students. The full-time enrollment at Troy University is 9,427 and the part-time enrollment is 7,070. This means that 57.1% of students enrolled at Troy University are enrolled full-time compared with 68.8% 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

77%
2020 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 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    8,302
  2. Black or African American
    5,149
  3. Hispanic or Latino
    758

The enrolled student population at Troy University is 50.3% White, 31.2% Black or African American, 4.59% Hispanic or Latino, 3.62% Two or More Races, 0.988% Asian, 0.321% American Indian or Alaska Native, and 0.127% 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 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 1,124 students (6.81%) did not report their race.

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Graduates

In 2020, 1005 more women than men received degrees from Troy University. The most common race/ethnicity group of degree recipients at Troy University is white (1,801 degrees awarded). There were 1.83 times more white graduates than the next closest race/ethnicity group, black or african american (982 degrees).

The most common Bachelor's Degree concentration at Troy University is General Business Administration & Management (278 degrees awarded), followed by General Psychology (261 degrees) and Criminal Justice - Safety Studies (186 degrees).

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 (404 degrees awarded), Psychology (448 degrees), and Parks, Recreation, & Leisure (172 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Troy University are Lawyers, & judges, magistrates, & other judicial workers (371,176 people), Other managers (334,371 people), Social workers, all other (303,595 people), Elementary & middle school teachers (278,562 people), and Police officers (178,663 people).

The most specialized majors at Troy University are Public Administration and Social Service (404 degrees awarded), Psychology (448 degrees), Parks, Recreation, & Leisure (172 degrees), Protective Services (262 degrees), and Social Sciences (231 degrees).

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Highest Paying Jobs by Major

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, Aircraft pilots & flight engineers, Nuclear medicine technologists and medical dosimetrists, and Securities, commodities, & financial services sales agents

The most specialized majors at Troy University are Public Administration and Social Service (404 degrees awarded), Psychology (448 degrees), Parks, Recreation, & Leisure (172 degrees), Protective Services (262 degrees), and Social Sciences (231 degrees).

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Common Industries by Major

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 (706,337 people), Justice, public order, & safety activities (532,533 people), Colleges, universities & professional schools, including junior colleges (414,829 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (383,986 people), and Legal services (315,022 people).

The most specialized majors at Troy University are Public Administration and Social Service (404 degrees awarded), Psychology (448 degrees), Parks, Recreation, & Leisure (172 degrees), Protective Services (262 degrees), and Social Sciences (231 degrees).

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Degrees

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
  1. 278 degree-majorss awarded
  2. 261 degree-majorss awarded
  3. 186 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Troy University was General Business Administration & Management with 278 degrees awarded.

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

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Sex Breakdown for Common Majors

1,387
Degrees Awarded to Men
in 2020
2,392
Degrees Awarded to Women
in 2020

In 2020, 1,387 degrees were awarded to men at Troy University, which is 0.58 times less than the number of degrees awarded to females (2,392).

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 2020, 229 degrees were awarded to men at Troy University in General Business Administration & Management, which is 1.14 times more than the 201 female recipients with that same degree.

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Most Common Female Majors

In 2020, 236 degrees were awarded to women at Troy University in Registered Nursing, which is 7.87 times more than the 30 male recipients with that same degree.

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Time to Complete

21%
100% Completion Time
43%
150% Completion Time

In 2020, 21% of students graduating from Troy University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 43% completed their degrees within 150% of the normal time, and 46% 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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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (75%)

The student demographic with the highest graduation rate at Troy University is Male and American Indian or Alaska Native (75% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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, 3.17% of graduates (23 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,801 degrees awarded
  2. Black or African American
    982 degrees awarded
  3. Unknown
    541 degrees awarded

The most common race/ethnicity at Troy University is white (1,801 degrees awarded). There were 1.83 times more white recipients than the next closest race/ethnicity group, black or african american (982 degrees).

14.3% of degree recipients (541 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    1,103 degrees awarded
  2. Black or African American Female
    706 degrees awarded
  3. White Male
    698 degrees awarded

The most common race/ethnicity and sex grouping at Troy University is white female (1,103 degrees awarded). There were 1.56 times more white female recipients than the next closest race/ethnicity group, black or african american female (706 degrees).

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Operations

Troy University has an endowment valued at nearly $152M, as of the end of the 2020 fiscal year. The return on its endowment was of $17.3M (11.4%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Troy University had a total salary expenditure of $245M. Troy University employs 154 Associate professors, 142 Lecturers, and 123 Assistant professors. Most academics at Troy University are Female Lecturers (95), Male Associate professors(88), and Female Assistant professors (74).

The most common positions for non-instructional staff at Troy University are: Office and Administrative Support, with 255 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 178 employees, and Management with 151 employees.

Finances

Endowment

$152M
2020 Endowment
17.7%
growth from 2019

Troy University has an endowment valued at about $152M, as of the end of the 2020 fiscal year. The endowment of Troy University grew 17.7% from the previous year. The value of their endowment was $112M 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. $16.4M - Federal
  2. $12.9M - State
  3. $152k - Local

As of 2020, Troy University received $16.4M in grants and contracts from the federal government, $12.9M from state grants and contracts, and $152k from local grants and contracts.

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Expenses

Salary Expenditure

$102M
2020 Salaries
2.31%
decline from 2019

In 2020, Troy University paid a median of $102M in salaries, which represents 41.8% of their overall expenditure ($245M) and a 2.31% decline from the previous year. This is compared to a 1.91% growth from 2018 and a 1.63% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

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Instructional Salaries

$34.5M
Instructional Salaries
482
Number of Employees

In 2020, Troy University paid a total of $34.5M to 482 employees working as instructors, which represents 33.7% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
154 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
255 Employees

In 2020, the most common positions for instructional staff at Troy University were Associate professor with 154 employees; Lecturer with 142 employees; and Lecturer with 123 employees.

In 2020, the most common positions for non-instructional staff at Troy University were Office and Administrative Support with 255 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 178 employees; and Management with 151 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Lecturer
  2. Male Associate professor
  3. Female Assistant professor

In 2020, the most common demographic for instructional staff at Troy University was Female Lecturer with 95 employees, Male Associate professor with 88 employees, and Female Assistant professor with 74 employees.

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

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