Financial Aid at TROY
Financial Aid Amount Received
$6,173 (33.15% of tuition & fees)
Percent of Financial Aid Received
72% of 12,712 students
Data source: National Center for Education Statistics
All Undergraduate Students Financial Aid
9,297 undergraduate students (72% of all students) have received grants, scholarships, and/or federal student loans at Troy University. The percentage of students who received financial aid average compared to Public, 4-Years Colleges in Alabama.
Compare to similar schools in rankings such as Alabama A & M University and Auburn University at Montgomery, the percentage of students who received financial aid is average (the average of the schools is 75.00%).
The average amount of grants of scholarship aid is $6,173 and the average loan amount is $5,503. The average financial aid amount is 33.15% of tuition & fees based on out-of-state rate (tuition & fees: $18,624).
Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 9,297 | 72% | $57,392,547 | $6,173 |
| Pell Grants | 5,390 | 41% | $23,420,075 | $4,345 |
| Federal Students Loans | 8,368 | 64% | $46,052,351 | $5,503 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 1,107 students have received one or more types of financial aid at Troy University.
The average amount of federal, state, local or institutional grant aid is $7,973 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,148.
The following table shows the financial data by type of aid at Troy University.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 1,292 | 93% | - | - |
| Grant or scholarship aid | 1,107 | 79% | $8,826,490 | $7,973 |
| Federal Grants | 655 | 47% | $3,441,019 | $5,253 |
| Pell Grants | 655 | 47% | $3,185,889 | $4,864 |
| Other Federal Grants | 102 | 7% | $255,130 | $2,501 |
| State/Local Grants | 41 | 3% | $92,800 | $2,263 |
| Institutional Grants | 727 | 52% | $5,292,671 | $7,280 |
| Student Loans | 1,184 | 85% | $6,095,536 | $5,148 |
| Federal Student Loans | 1,177 | 84% | $4,695,719 | $3,990 |
| Other Student Loans | 110 | 8% | $1,399,817 | $12,726 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Troy University.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $7,417,263 | $6,259 |
| 0 - $30,000 | 1,043 | 898 | $6,674,099 | $6,399 |
| $30,001 - $48,000 | 77 | 49 | $403,317 | $5,238 |
| $48,001 - $75,000 | 47 | 30 | $244,509 | $5,202 |
| $75,001 - $110,000 | 13 | 10 | $69,788 | $5,368 |
| $110,001 - more | 5 | 3 | $25,550 | $5,110 |
Paid Tuition Rates by Residency
At Troy University, for the first-time/full-time students, 1,235 students have paid in-state rate of tuition and 160 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 1,235 |
| Out-of-State Rate | 160 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At Troy University, 758 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 85 students live off-campus. In addition, 164 students live with their family.
| # of Students | |
|---|---|
| Living On-Campus | 758 |
| Living Off-Campus | 85 |
| Living with Family | 164 |
| Un-known | 100 |