Troy University

Masters Colleges and Universities

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2016 Undergraduate Tuition

$7,224

4.88% growth from 2015

2016 Average Net Price

$10,283

After Financial Aid

2015 Student Loan

10.5%

Default Rate

2016 Acceptance Rate

91.2%

5,952 Applicants

2016 Enrolled Students

17,855

59.6% Full-Time

2016 Graduation Rate

37.8%

632 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

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 (530 degrees awarded), General Psychology (352 degrees), and Criminal Justice - Safety Studies (301 degrees).

In 2016, 4,160 degrees were awarded across all undergraduate and graduate programs at Troy University. 61.8% of these degrees were awarded to women, and 38.2% awarded men. The majority of degree recipients were white (2,159 degrees), 1.75 times more than then the next closest race/ethnicity group, black or african american (1235 degrees).

The median undergraduate tuition at Troy University is $7,224, which is $-12,936 less than the national average for Masters Colleges and Universities ($20,160).

Photo by Alex Proimos

Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

Costs

The median undergraduate tuition at Troy University is $7,224, which is $-12,936 less than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $10,283.

In 2016, 63% of undergraduate students received federal grants, while 61% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,224

2016 Undergraduate Tuition

In 2016, the cost of tuition at Troy University was $7,224. The cost of tuition at Troy University is $-12,936 less than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

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Average Net Price

$10,283

2016 Value

9.98%

1 Year Growth

In 2016 Troy University had an average net price — the price paid after factoring in grants and loans — of $10,283. Between 2015 and 2016, the average net price of Troy University grew by 9.98%.

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

$6,172

Room and Board

$1,124

Books and Supplies

The average yearly cost of room and board at Troy University was of $6,172 in 2016. During the same period, the average yearly cost of books and supplies was $1,124. The cost of room and board increased by 4.5% between 2015 and 2016. The cost of books and supplies increased by 1.72% 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

63%

Of Undergraduates Receive Grants

61%

Of Undergraduates Receive Federal Loans

63% of undergraduate students at Troy University received grants or loans in 2016. This represents a growth of 1.61% with respect to 2015, when 62% 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.

10.5%

2015 Default Rate

747

Number of Defaults

In 2015 the default rate for borrower's at Troy University was 10.5%, which represents 747 out of the 7139 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 5,952 undergraduate applications in 2016, which represents a 6.88% annual growth. Out of those 5,952 applicants, 5,431 students were accepted for enrollment, representing a 91.2% acceptance rate.

There were 17,855 students enrolled at Troy University in 2016, and 3% of first-time enrollees submitted SAT scores with their applications.

Troy University has an overall enrollment yield of 36.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91.2%

Acceptance Rate in 2016

5,431

Accepted Out of 5,952

In 2016, the undergraduate acceptance rate of Troy University was 91.2% (5,431 admissions from 5,952 applications). This is lower than the acceptance rate of 2015, which was 91.9%. Between 2015 and 2016, the number of applicants grew by 6.88%, while admissions grew by 6.16%.

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

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SAT Scores

3%

Submission Percentage

61

Scores Submitted

3% of enrolled first-time students at Troy University in 2016 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 17,855 students. The full-time enrollment at Troy University is 10,635 students and the part-time enrollment is 7,220. This means that 59.6% of students enrolled at Troy University are enrolled full-time.

The enrolled student population at Troy University, both undergraduate and graduate, is 47.8% White, 30.8% Black or African American, 3.39% Hispanic or Latino, 2.64% Two or More Races, 0.756% Asian, 0.566% American Indian or Alaska Native, and 0.151% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Troy University in full-time Undergraduate programs are majority White Female (33.7%), followed by White Male (22.3%) and Black or African American Female (17.4%). Students enrolled in full-time Graduate programs are majority White Female (20%), followed by Black or African American Female (18.8%) and White Male (8.33%).

Full-Time vs Part-Time Enrollment

59.6%

Full-Time Enrollment

The total enrollment at Troy University, both undergraduate and graduate, is 17,855 students. The full-time enrollment at Troy University is 10,635 and the part-time enrollment is 7,220. This means that 59.6% of students enrolled at Troy University are enrolled full-time compared with 68.7% 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

74%

2016 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 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), 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

  1. White

    8,526

  2. Black or African American

    5,493

  3. Hispanic or Latino

    606

The enrolled student population at Troy University is 47.8% White, 30.8% Black or African American, 3.39% Hispanic or Latino, 2.64% Two or More Races, 0.756% Asian, 0.566% American Indian or Alaska Native, and 0.151% 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 1,599 students (8.96%) did not report their race.

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Graduates

In 2016, 980 more women than men received degrees from Troy University. The majority of degree recipients at Troy University are white (2,159 degrees awarded). There were 1.75 times more white graduates than the next closest race/ethnicity group, black or african american (1235 degrees).

The most common Bachelor's Degree concentration at Troy University is General Business Administration & Management (530 degrees awarded), followed by General Psychology (352 degrees) and Criminal Justice - Safety Studies (301 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 Psychology (569 degrees awarded), Protective Services (400 degrees), and Public Administration and Social Service (237 degrees).

Workforce

Common Jobs by Major

Accountants & auditors

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 Accountants & auditors (1,095,543 people), Miscellaneous managers (819,373 people), Financial managers (437,186 people), Social workers (371,845 people), and Elementary & middle school teachers (353,456 people).

The most specialized majors at Troy University are Psychology (569 degrees awarded), Protective Services (400 degrees), Public Administration and Social Service (237 degrees), Parks, Recreation, & Leisure (142 degrees), and Business (1,039 degrees).

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Highest Paying Jobs by Major

Public relations specialists

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 Public relations specialists, Physicians & surgeons, Financial analysts, Chief executives & legislators, and Dentists

The most specialized majors at Troy University are Psychology (569 degrees awarded), Protective Services (400 degrees), Public Administration and Social Service (237 degrees), Parks, Recreation, & Leisure (142 degrees), and Business (1,039 degrees).

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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 (849,207 people), Insurance carriers & related activities (611,353 people), Hospitals (578,221 people), Justice, public order, & safety activities (544,510 people), and Banking & related activities (508,890 people).

The most specialized majors at Troy University are Psychology (569 degrees awarded), Protective Services (400 degrees), Public Administration and Social Service (237 degrees), Parks, Recreation, & Leisure (142 degrees), and Business (1,039 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. General Business Administration & Management

    530 degrees awarded

  2. General Psychology

    352 degrees awarded

  3. Criminal Justice - Safety Studies

    301 degrees awarded

In 2016, the most common bachelors degree concentration at Troy University was General Business Administration & Management with 530 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,590

  2. 2,570

In 2016, 1,590 degrees were awarded to men at Troy University, which is 0.619 times less than the number of degrees awarded to females (2,570).

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

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Most Common Male Majors

In 2016, 284 degrees were awarded to men at Troy University in General Business Administration & Management, which is 0.743 times less than the 382 female recipients with that same degree.

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Most Common Female Majors

In 2016, 382 degrees were awarded to women at Troy University in General Business Administration & Management, which is 1.35 times more than the 284 male recipients with that same degree.

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Time to Complete

15%

100% Completion Time

36%

150% Completion Time

In 2016, 15% of students graduating from Troy University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 36% completed their degrees within 150% of the normal time, and 39% 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 Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (53.1%)

The student demographic with the highest graduation rate at Troy University is Female and White (53.1% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

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, 3.16% of graduates (20 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    2,159 degrees awarded

  2. Black or African American

    1,235 degrees awarded

  3. Unknown

    182 degrees awarded

The most common race/ethnicity at Troy University is white (2,159 degrees awarded). There were 1.75 times more white recipients than the next closest race/ethnicity group, black or african american (1235 degrees).

4.38% of degree recipients (182 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    1,253 degrees awarded

  2. White Male

    906 degrees awarded

  3. Black or African American Female

    888 degrees awarded

The most common race/ethnicity and gender grouping at Troy University is white female (1,253 degrees awarded). There were 1.38 times more white female recipients than the next closest race/ethnicity group, white male (906 degrees).

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Operations

Troy University has an endowment valued at nearly $85.5M, as of the end of the 2015 fiscal year. The return on its endowment was of $-53k (-0.062%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Troy University had a total expenditure of $244M. Of that $244M, they spent $103M on salaries and $244M on benefits.

Troy University employs 166 Assistant professors, 148 Lecturers, and 117 Associate professors. Most academics at Troy University are Female Lecturers (97), Female Assistant professors(93), and Male Associate professors (76).

The most common positions for non-instructional staff at Troy University are: Office and Administrative Support, with 292 employees, Management, with 235 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 179 employees.

Finances

Endowment

$85.5M

2015 Endowment

14.7k%

growth from 2014

Troy University has an endowment valued at about $85.5M, as of the end of the 2015 fiscal year. The endowment of Troy University grew 14.7k% from the previous year. The value of their endowment was $56.7M 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. $6.68M - Federal

  2. $11.3M - State

  3. $1.12M - Local

As of 2015, Troy University received $6.68M in grants and contracts from the federal government, $11.3M from state grants and contracts, and $1.12M from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$103M

Salary Expenditure

$244M

Benefits Expenditure

In 2015, Troy University had a total expenditure of $244M. Of that $244M, they spent $103M on salaries and $244M on benefits.

The bar chart shows the share of the primary expenses at Troy University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Troy University as a share of total expenditure.

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Salary Expenditure

$103M

2015 Salaries

0.483%

growth from 2014

In 2015, Troy University paid a median of $103M in salaries, which represents 42.1% of their overall expenditure ($244M) and a 0.483% growth from the previous year. This is compared to a 1.79% decline from 2013 and a 0.326% decline from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$31.6M

Instructional Salaries

481

Number of Employees

In 2015, Troy University paid a total of $31.6M to 481 employees working as instructors, which represents 30.8% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

166 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

292 Employees

In 2016, the most common positions for instructional staff at Troy University were Assistant professor with 166 employees; Lecturer with 148 employees; and Lecturer with 117 employees.

In 2016, the most common positions for non-instructional staff at Troy University were Office and Administrative Support with 292 employees; Management with 235 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 179 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Lecturer

  2. Female Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at Troy University was Female Lecturer with 97 employees, Female Assistant professor with 93 employees, and Male Associate professor with 76 employees.

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

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