Hey all, been considering Troy University for college. I'm trying to do some financial planning in advance. Could someone clue me in on what to expect for tuition at Troy? Also, how is their financial aid program?
Troy University, a public institution in Alabama, has a relatively affordable tuition structure which varies based on whether you're an in-state or out-of-state student.
For the academic year 2023-2024, the tuition rate for in-state undergraduates is roughly $9,312 per year. The out-of-state tuition fee is approximately $18,624 per year. Keep in mind that these numbers encompass tuition alone and do not include room, board, books, or other living expenses.
Regarding financial aid, Troy offers several types of assistance. First, students can apply for federal aid through FAFSA (remember, this now uses the Student Aid Index, or SAI, instead of Expected Family Contribution, or EFC). Second, Troy offers merit-based scholarships, for which admission application serves as the scholarship application as well. There are also grants, work-study programs, and state funding for eligible students.
For a more precise estimate of what you'll be expected to pay, I'd suggest using Troy's Net Price Calculator, which accounts for any financial aid or scholarships you might receive. Just remember, these are all estimates and actual costs can vary. It's always best to prepare for various financial scenarios when considering college.
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