In 2022, tuition for full-time students at Troy University was $11,640 a year for in-state students and $23,280 a year for out-of-state students.
On average, college tuition goes up about 3% every year.
Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegemore manageable until you're done with college.
Tuition for international students at Troy University is $23,280 per year.
Troy University is a public, state institution, which means it offers a reduced tuition rate of $11,640 for students who qualify as state residents and attend full-time.Non-Alabama residents can expect to pay 23,280 per year for tuition.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing an insitution where you qualify for the reduced tuition offered to state residentscan save significant money on the total cost of attending college. Don't forget to verify your state's criteria for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on the state you and your parents currently live in.
Troy University has the same tuition for international students as for those from out of state.
International students at Troy University can expect to pay around $23,280 per year, before any scholarships, grants or other financial aid.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or Troy University-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Troy University:
•On-campus jobs •Athletic Awards •Troy University-specific scholarships •International Students Tuition Waivers
In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Troy University.
Room and board at Troy University is $7,599 a year. This number includes the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat all or some of your meals the Troy University's on-campus cafeterias and dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of board-only is $3,920.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or will you need to use public transportation? All of these factors can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city could be expensive, but cities may offer more trains, busses or low-cost flight options to actually get to school. The Troy University campus is located in a rural setting in Alabama.
When you're planning for college, don’t forget to factor in personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Troy University.
What will the cost of attending Troy University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$7,599|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
Troy University’s tuition and fees change based on: •Course load for both full and part-time students
In 2022, 5,258 of the 11,297 undergrads enrolled received financial aid.
The average financial aid package for a full-time, first-year student is around $3,166 a year. Around 63% of Troy University undergrads take out student loans to cover any remaining costs. Troy University graduates who have student loans graduate with an average of $27,549 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Troy University Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Troy University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, Troy University awarded 3,511 need-based scholarships to students, giving away total of $24.1 million to help students with financial need cover the cost of school. An additional $24.56 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Troy University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Troy University was $3,166 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Troy University seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$12,774|
What will attending Troy University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Troy University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Troy University has some full or partial tuition waivers available for: - International Students - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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