Troy University (102368)

www.troy.edu

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2022 Undergraduate Tuition

$9,312

2022 Average Net Price

$13,187

After Financial Aid

2020 Default Rate

0.0231%

on Student Loans

2022 Acceptance Rate

94.8%

7,035 Applicants

2022 Enrolled Students

14,156

58.1% Full-Time

2022 Graduation Rate

44.9%

807 Graduates

About

Troy University (102368) is a higher education institution located in Pike County, AL. In 2022, the most popular Bachelors Degree concentrations at Troy University (102368) were General Business Administration & Management (310 degrees awarded), General Psychology (267 degrees), and Other Multidisciplinary Studies (154 degrees).

In 2022, 3,892 degrees were awarded across all undergraduate and graduate programs at Troy University (102368). 64.5% of these degrees were awarded to women, and 35.5% awarded men. The most common race/ethnicity group of degree recipients was white (2,045 degrees), 1.87 times more than then the next closest race/ethnicity group, black or african american (1,093 degrees).

The median undergraduate tuition at Troy University (102368) is $9,312, which is $−14,684 less than the national average for Masters Colleges and Universities ($23,996).

In 2020 the default rate for borrower's at Troy University (102368) was 0.0231%, corresponding to 1 out of the 4321 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at Troy University (102368) is $9,312, which is $14,684 less than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $13,187.

In 2022, 73% of undergraduate students attending Troy University (102368) received financial aid through grants. Comparatively, 66% of undergraduate students received financial aid through loans.

Tuition Costs

$9,312

2022 Undergraduate Tuition

In 2022, the cost of tuition at Troy University (102368) was $9,312. The cost of tuition at Troy University (102368) is $−14,684 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

This chart compares the tuition costs of Troy University (102368) (in red) with those of other similar universities.

Average Net Price

$13,187

2022 Value

5.61%

1 Year Growth

In 2022 Troy University (102368) had an average net price — the price paid after factoring in grants and loans — of $13,187. Between 2021 and 2022, the average net price of Troy University (102368) grew by 5.61%.

This chart compares the average net price of Troy University (102368) (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

$8,971

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Troy University (102368) was of $8,971 in 2022. The cost of room and board increased by 23.8% between 2021 and 2022.

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 (102368) (in red) with that of similar universities.

Financial Aid by Income Level

73%

Undergraduates Receiving Financial Aid through Grants

66%

Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Troy University (102368) received financial aid through grants or loans in 2022. This represents a growth of 1.39% with respect to 2021, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Troy University (102368) (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.

0.0231%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Troy University (102368) was 0.0231%, which represents 1 out of the 4321 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 (102368) received 7,035 undergraduate applications in 2022, which represents a 3.98% annual growth. Out of those 7,035 applicants, 6,672 students were accepted for enrollment, representing a 94.8% acceptance rate.

There were 14,156 students enrolled at Troy University (102368) in 2022. 6% of first-time enrollees submitted SAT scores with their applications.

Troy University (102368) has an overall enrollment yield of 25.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.8%

Acceptance Rate in 2022

6,672

Accepted Out of 7,035

In 2022, the undergraduate acceptance rate of Troy University (102368) was 94.8% (6,672 admissions from 7,035 applications). This is lower than the acceptance rate of 2021, which was 95.3%. Between 2021 and 2022, the number of applicants grew by 3.98%, while admissions grew by 3.51%.

This chart compares the acceptance rate of Troy University (102368) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2022)

Scores Submitted (2022)

6% of enrolled first-time students at Troy University (102368) in 2022 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.

Enrollment

Troy University (102368) had a total enrollment of 14,156 students in 2022. The full-time enrollment at Troy University (102368) is 8,220 students and the part-time enrollment is 5,936. This means that 58.1% of students enrolled at Troy University (102368) are enrolled full-time.

The enrolled student population at Troy University (102368), both undergraduate and graduate, is 51.9% White, 31.6% Black or African American, 5.14% Hispanic or Latino, 4.03% Two or More Races, 0.996% Asian, 0.268% American Indian or Alaska Native, and 0.134% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Troy University (102368) in full-time Undergraduate programs are most commonly White Female (37%), followed by White Male (20.2%) and Black or African American Female (19.1%). Students enrolled in full-time Graduate programs are most commonly White Female (32.9%), followed by Black or African American Female (28.9%) and White Male (13.5%).

Full-Time vs Part-Time Enrollment

58.1%

Full-Time Enrollment

The total enrollment at Troy University (102368) in 2022, both undergraduate and graduate, is 14,156 students. The full-time enrollment at Troy University (102368) is 8,220 and the part-time enrollment is 5,936. This means that 58.1% of students enrolled at Troy University (102368) are enrolled full-time compared with 67.6% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Troy University (102368) (in red) compares to similar universities.

Retention Rate over Time

75%

2022 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 (102368) was 75%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Troy University (102368) had a retention rate higher than its peers.

This chart shows the retention rate over time at Troy University (102368) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
7,348 enrolled students
Black or African American
4,473 enrolled students
Hispanic or Latino
727 enrolled students

The enrolled student population at Troy University (102368) is 51.9% White, 31.6% Black or African American, 5.14% Hispanic or Latino, 4.03% Two or More Races, 0.996% Asian, 0.268% American Indian or Alaska Native, and 0.134% 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 51.2% White, 17.3% 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, 489 students (3.45%) did not report their race.

Graduates

In 2022, 1,128 more women than men received degrees from Troy University (102368). The most common race/ethnicity group of degree recipients at Troy University (102368) is white (2,045 degrees awarded). There were 1.87 times more white recipients than the next closest race/ethnicity group, black or african american (1093 degrees).

The most common Bachelor's Degree concentration at Troy University (102368) is General Business Administration & Management (310 degrees awarded), followed by General Psychology (267 degrees) and Other Multidisciplinary Studies (154 degrees).

In 2022, the most specialized majors across all degree types at Troy University (102368), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Public Administration and Social Service (502 degrees awarded), Psychology (435 degrees), and Parks, Recreation, & Leisure (109 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 (102368) are Social workers, all other (274,934 people), Elementary & middle school teachers (217,762 people), Other managers (212,355 people), Police officers (158,184 people), and Registered nurses (111,647 people).

The most specialized majors at Troy University (102368) in 2022 are Public Administration and Social Service (502 degrees awarded), Psychology (435 degrees), Parks, Recreation, & Leisure (109 degrees), Protective Services (196 degrees), and Interdisciplinary Studies (155 degrees) (as of 2022).

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 (102368) are Surgeons, Physicians, Cardiovascular technologists and technicians, Photographic process workers & processing machine operators, and Aircraft pilots & flight engineers

The most specialized majors at Troy University (102368) are Public Administration and Social Service (502 degrees awarded), Psychology (435 degrees), Parks, Recreation, & Leisure (109 degrees), Protective Services (196 degrees), and Interdisciplinary Studies (155 degrees) (as of 2022).

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 (102368) are Elementary & secondary schools (624,861 people), Justice, public order, & safety activities (421,269 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (379,773 people), Colleges, universities & professional schools, including junior colleges (287,659 people), and Outpatient care centers (262,404 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 (102368).

Most Common (2022)

General Business Administration & Management
310 degrees awarded
General Psychology
267 degrees awarded
Other Multidisciplinary Studies
154 degrees awarded

In 2022, the most common bachelors degree concentration at Troy University (102368) was General Business Administration & Management with 310 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Troy University (102368) according to their major.

Sex Breakdown for Common Majors

1,382

Degrees Awarded to Men

in 2022

2,510

Degrees Awarded to Women

in 2022

In 2022, 1,382 degrees were awarded to men at Troy University (102368), which is 0.551 times less than the number of degrees awarded to females (2,510).

This chart displays the sex disparity between the top 5 majors at Troy University (102368) by degrees awarded.

Most Common Male Majors

In 2022, 254 degrees were awarded to men at Troy University (102368) in General Business Administration & Management, which is 0.984 times less than the 258 female recipients with that same degree.

Most Common Female Majors

In 2022, 301 degrees were awarded to men at Troy University (102368) in Social Work, which is 10.8 times more than the 28 male recipients with that same degree.

Time to Complete

27%

100% Completion Time

50%

150% Completion Time

In 2022, 27% of students graduating from Troy University (102368) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 52% 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.

Asian Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2022 at Troy University (102368) is Female and Asian (66.7% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 3.1% of graduates (25 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
2,045 degrees awarded
Black or African American
1,093 degrees awarded
Hispanic or Latino
165 degrees awarded

The most common race/ethnicity at Troy University (102368) is white (2,045 degrees awarded). There were 1.87 times more white recipients than the next closest race/ethnicity group, black or african american (1093 degrees).

6.47% of degree recipients (252 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
1,289 degrees awarded
Black or African American Female
790 degrees awarded
White Male
756 degrees awarded

The most common race/ethnicity and sex grouping at Troy University (102368) is white female (1,289 degrees awarded). There were 1.63 times more white female recipients than the next closest race/ethnicity group, black or african american female (790 degrees).

Operations

Troy University (102368) has an endowment valued at nearly $164M, as of the end of the 2022 fiscal year. The return on its endowment was of −23.9M (−14.6%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Troy University (102368) had a total salary expenditure of 252M. Troy University (102368) employs 138 Associate professors, 133 Lecturers and 112 Assistant professors. Most academics at Troy University (102368) are Female Lecturer (90), Male Associate professor (74), and Female Assistant professor (66).

The most common positions for non-instructional staff at Troy University (102368) are: Office and Administrative Support, with 227 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 180 employees, and Management with 153 employees.

Endowment

$164M

2022 Endowment

14.8%

decline from 2021

Troy University (102368) has an endowment valued at about $164M, as of the end of the 2022 fiscal year. The endowment of Troy University (102368) declined 14.8% from the previous year. The value of their endowment was $117M 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 (102368) (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

$11.6M - Federal
$14.3M - State
$188k - Local

As of 2022, Troy University (102368) received $11.6M in grants and contracts from the federal government, $14.3M from state grants and contracts, and $188k from local grants and contracts.

Salary Expenditure

$101M

2022 Salaries

1.76%

growth from 2021

In 2022, Troy University (102368) paid a median of $101M in salaries, which represents 40% of their overall expenditure ($252M) and a 1.76% growth from the previous year. This is compared to a 3.28% decline between 2020 and 2021, and a 2.31% decline between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$34M

Instructional Salaries

448

Number of Employees

In 2022, Troy University (102368) paid a total of $34M to 448 employees working as instructors, which represents 33.7% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

138 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

227 Employees

In 2022, the most common positions for instructional staff at Troy University (102368) were Associate professor with 138 employees, Lecturer with 133 employees, and Assistant professor with 112 employees.

In 2022, the most common positions for non-instructional staff at Troy University (102368) were Office and Administrative Support with 227 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 180 employees, and Management with 153 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Lecturer
Male Associate professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at Troy University (102368) was Female Lecturer with 90 employees, Male Associate professor with 74 employees, and Female Assistant professor with 66 employees.

This chart shows the sex split between each academic rank present at Troy University (102368).

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