Troy University has been recognized by Princeton Review, U.S. News and World Report, Military Times and more as having some of the best undergraduate programs in the Southeast and nation. Whether you are graduating from high school, transferring from a two-year school, or completing your degree as a working adult, TROY offers a wide variety of associate and baccalaureate degrees that will open doors to career opportunities.
Graduate study can help you achieve your career goals! Holders of advanced degrees will be in high demand in the next 10 years, according to the Bureau of Labor Statistics, and U.S. Census data shows that advanced degrees increase pay and prosperity Troy University’s Graduate School offers advanced degrees in all five of the University’s academic colleges: education, business, arts and sciences, health and human services, and communication and fine arts. In addition, TROY’s commitment to flexibility means that you have in-class, online and blended options. Plan for your next career by completing your graduate education at TROY. Innovation, knowledge and creativity are all elements for success. Get started today!
Schedule your campus visit today and start getting to know TROY.
Campus visits are the most important aspect of the college decision making process. Visits give you the opportunity to discover what makes our unique University the right fit for you. TROY welcomes you to come and see what makes our campus different, one that you will want to consider your home away from home.
We invite you to register for a visit Monday - Friday at 10:00 a.m. or 2:00 p.m. or on specified Saturdays for a TROY Tour or Trojan Day event.
*Students interested in visiting other Alabama campuses must contact the specific campus for visit information and registration as available dates and times vary.
Find A Location Near You
TROY Service Centers meet the needs of working adults, including military, government agency civilians, teachers and future business leaders who want the opportunities that come with earning a degree. Because adult learners often have different educational needs than traditional students, courses are provided at times and in formats designed around people who work and have other commitments for their time.
TROY Service Centers
Are you curious about learning in the online environment? Would you like to take an online class, but feel that you need more information? Discover more about learning in the online environment, the skills and technologies that are required, as well as some helpful tips on how to become a successful online student.
-Pell Grants help undergraduate students who have not earned a bachelor’s or higher degree pay for their higher education. The U.S. Department of Education determines who is eligible by using a formula established by Congress and the information provided by the applicant on the Free Application for Federal Student Aid (FAFSA). This will produce an expected family contribution (EFC) number. The amount the applicant receives depends on the EFC, cost of attendance, enrollment status (full-time or part-time), and length of enrollment. Only full-time students may receive the full Pell Grant amount. The grant is prorated for three-quarter, half-time or less-than-half-time enrollment. In December 2011, the Consolidated Appropriations Act 2012 (Public Law 112-74) was signed which impacted the Federal Pell Grant Program. Beginning in fall of 2012 students are now limited to 600% of Pell Grant eligibility during their lifetime. This change affects all students regardless of when or where they received their first Pell Grant.
-ASAP (Alabama Student Assistance Program) Need-based grant. Awarded to in-state students pursuing their first undergraduate degrees. Eligibility: based on exceptional need, availability of funds, and Federal Pell eligibility. Funds are VERY limited. Students are strongly encouraged to meet the March 1 FAFSA priority date.
-Federal Supplemental Educational Opportunity Grants (FSEOG) help undergraduates who hold no bachelor’s or higher degree and have exceptional financial need. Priority is given to students with the lowest EFC, determined by information provided on the Free Application for Federal Student Aid (FAFSA), who also receive Federal Pell Grants. There is no guarantee that every eligible student will receive an FSEOG, so it is important to apply early to have a better chance of receiving a grant. Recipients must be enrolled at least half time. FSEOG awards are based on the availability of funds at Troy University.
Federal Work-Study program is designed to encourage students to contribute to their educational expenses while decreasing their debt burden. If you wish to have your eligibility reviewed for this award, please contact the Student Financial Aid Office. Priority is given to students with the lowest EFC, determined by information provided on the Free Application for Federal Student Aid (FAFSA), who also receive Federal Pell Grants. There is no guarantee that every eligible student will receive or renew a work-study award, so it is important to apply early to have a better chance of receiving a job. Work-Study awards are based on the availability of funds at Troy University.
Federal Stafford Loans - Troy University does participate in the Federal Direct Stafford Loan Program which includes the following federal programs:
Stafford Loan Rates:
Interest Rates for Direct Loans First Disbursed on or After July 1, 2018, and Before July 1, 2019
Fixed Interest Rate
Direct Subsidized Loans and Direct Unsubsidized Loans
Direct Unsubsidized Loans
Graduate or Professional
Direct PLUS Loans
Parents and Graduate or Professional Students
All interest rates shown in the chart above are fixed rates that will not change for the life of the loan.
Eligibility: To be eligible for a Stafford loan, you must be a U.S. citizen or permanent resident, not have previous defaults on a federal loan, be enrolled or plan to enroll at least half-time, and maintain satisfactory academic progress.
Subsidized Loans are awarded based on the student’s calculated need from the FAFSA. The interest is paid by the government while at least half-time enrollment is maintained. Repayment begins six months after enrollment has ceased or dropped to below half-time status.
Unsubsidized Loans are not based on calculated need, but still necessitates the filing of the FAFSA for eligibility determination. Interest is not paid by the Federal government, and the student is responsible for all interest associated with the loan. Interest payments can be capitalized (added to the loan at repayment) if no payments are made during enrollment. Repayment begins six months after enrollment has ceased or dropped below half time.
Are there any other fees for federal student loans?
Most federal student loans have loan fees that are a percentage of the total loan amount. The loan fee is deducted proportionately from each loan disbursement you receive. This means the money you receive will be less than the amount you actually borrow. You're responsible for repaying the entire amount you borrowed and not just the amount you received.
The chart below shows the loan fees for Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans first disbursed on or after Oct. 1, 2017.
First Disbursement Date
On or after 10/1/18 and before 10/1/19
On or after 10/1/17 and before 10/1/18
On or after 10/1/17 and before 10/1/18
Loans first disbursed prior to Oct. 1, 2015, have different loan fees.
There are no loan fees for Perkins Loans.
Maximum Loan Amounts for Fall, Spring and Summer:
1. Of the $31,000 no more than $23,000 may be subsidized loans.
2. Of the $57,500 no more than $23,000 may be subsidized loans.
3. Includes any Federal Stafford Loan and/or Federal Supplemental Loans for Students received as an undergraduate.
4. Of the total maximum of $138,500 no more than $65,500 may be subsidized loans. These loan limits are the maximum and must be reduced by other assistance if total cost of education is exceeded. Effective for loans made for periods of enrollment (loan periods) beginning on or after July 1, 2012, graduate and professional students are no longer eligible to receive Federal Direct Subsidized Loans. The terms and conditions of Direct Subsidized Loans received by any student for loan periods beginning before July 1, 2012, for either graduate or undergraduate study, are not affected by this change. The annual loan limit for graduate and professional students remains unchanged at $20,500.
Students must apply with the FAFSA each year beginning in January for the approaching Fall.
LOAN PRORATION FOR GRADUATING UNDERGRADUATE BORROWERS
Per federal regulation, Troy University is required to prorate a dependent or independent undergraduate student's annual Stafford loan limits, when they are enrolled for less than a full year and will graduate in the same academic year. This mostly will affect students who will graduate at the end of fall or term 2.
More about Federal Stafford Loans
-Federal PARENT PLUS Loan is for parents of dependent students and is not based on need. Parents may qualify for the PARENT PLUS Loan for the difference between your education costs and the amount financial aid you are awarded. However, parents must have a favorable credit rating in order to qualify for the PLUS Loan. If you are offered the PLUS Loan and you accept it, you will be sent a separate loan application for your parents to fill out and return to the Student Financial Aid Office for certification. Parents must complete the Free Application for Federal Student Aid (FAFSA).
The Federal Government pays the interest on the subsidized Federal Stafford Loan until repayment begins. The borrower is responsible for all interest that accrues on the Unsubsidized Federal Stafford and PLUS Loans from the time the loan is disbursed. More detailed information is provided with the loan application. Lenders will defer repayment while student is in school.
When making decisions about accepting loans, we urge you to carefully consider your total loan indebtedness and the amount you will pay on your loan given your expected earnings from your intended career.
-Federal PLUS Loans for Graduate Students - GRAD PLUS Beginning July 1, 2006 graduate students are eligible to borrow under the GRAD PLUS Loan Program up to their cost of attendance minus other estimated financial assistance. The terms and conditions applicable to Parent PLUS Loans also apply to Graduate PLUS loans. These requirements include a determination that the applicant does not have an adverse credit history. The lenders will defer repayment while student is in school. Applicants must complete the Free Application for Federal Student Aid (FAFSA). They also must have applied for their annual loan maximum eligibility under the Federal Subsidized and Unsubsidized Stafford Loan Program before applying for a Grad PLUS Loan.
Note: All student and parent federal loans that are processed will be submitted to the National Student Loan Data System (NSLDS) https://www.nslds.ed.gov/ , and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.
The following is information on other aid programs. You are not necessarily required to submit a FAFSA in order to be considered for these funds.
This assistantship/fellowship program is designed to aid in the successful completion of the degree pursued and to enhance career opportunities through applied professional experiences.
Students who have served in the Armed Forces may be eligible for Veteran’s Benefits. Check with our Veteran’s Affairs Officer in the Financial Aid Office at 334-670-3701. In addition, the Military Officer's Assoc. of America (MOAA) offers interest-free loans. The most common Veteran programs utilized at Troy University are listed below:
3rd Party Billing
Troy University accepts a variety of pre-paid and third-party college programs, including state programs and veteran programs. These plans differ on specific requirements.
Questions or comments regarding 3rd party billing?
Contact Amanda Raiti at (334) 670-3880.
Questions or comments regarding 3rd party billing?
Contact Amanda Raiti at (334) 670-3880.
Beginning freshmen must apply during their senior year of high school or prior to August following high school graduation. Transfer students must apply during their tenure at their individual institutions from which they are transferring and must complete two years at the junior/community college. Awards will be based on post-secondary activities. Qualified students must accept and utilize the scholarship program prior to attendance at Troy University or any four-year college.
More information about scholarships is available in the Scholarship Information Page.
Additional Scholarship Programs
Outside scholarships are listed at the end of the Scholarship Page.
Outside scholarship searches can be completed at www.fastweb.com and www.finaid.org.