Get merit aid14%First-year students, CDS 2023-2024
Last verifiedJul 2026Analyst COWORK
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The merit-aid verdict at Troy
Troy's top freshman awards (Scholars PLUS / Scholars) cover tuition plus housing for high-stat students, stepping down to fixed-dollar awards ($6,000–$10,000 Chancellor's, $2,000–$4,000 Leadership) — all applied for through the TROY Scholarship Portal.
Rules that bite at Troy
The trip wires we'd flag in a custom playbook. Each is derived from Troy's own published policy, not generic advice.
displacementNo published displacement order
Troy's policy doesn't specify whether outside scholarships hit loans, grants, or only the COA ceiling. Get a written aid-office answer before chasing private awards.
Common merit-aid mistakes at Troy
Scholars PLUS covers tuition, full housing, and a meal plan (up to 16 hours/semester) — books (~$1,000), transportation, fees, and miscellaneous are still on the student, so it is not full cost of attendance.
Each freshman academic scholarship says 'APPLY THROUGH THE TROY SCHOLARSHIP PORTAL' — you must submit a scholarship application, not just be admitted.
Scholars PLUS and Scholars cover up to 16 credit hours per semester; hours beyond that are not covered.
Sunshine Scholars (4 years) and Cardinal and Black (3 years) renew only with a 2.7 GPA; the TROY Legacy and Alabama Girls/Boys State awards are one-time and non-renewable.
Troy Campus Foundation Scholarships are due March 1; other scholarship deadlines are listed inside the TROY Scholarship Portal — check each one.
Who this school is for
High-stat freshmen (33+ ACT, 3.7 GPA) chasing a tuition-plus-housing package, and solid 26-29 ACT students for the fixed-dollar Chancellor's award; Florida/Georgia students get a dedicated Sunshine Scholars award.
Tuition / cost of attendance: Approximately $27,910 for 2026-2027. Source
Federal cost and outcome data
Federal reporting on who actually enrolls at Troy, what they paid after aid, and what happened next — independent of anything the school markets.
Average annual net price by family income at Troy, academic year 2021-22 — in-state, Title-IV aid recipients only
Family income
Average net price paid
$0–$30,000
$12,656
$30,001–$48,000
$12,042
$48,001–$75,000
$14,321
$75,001–$110,000
$18,406
$110,001+
$22,139
All income levels (average)
$16,527
Sticker price vs. what students actually pay
Published tuition & fees (in-state), AY 2022-23
$10,176
Published tuition & fees (out-of-state), AY 2022-23
$20,352
Average net price paid (all Title-IV aid), AY 2021-22
$16,527
That works out to roughly a 29% discount below the federal AY 2021-22 average cost of attendance of $23,165 (College Scorecard — a separate, federally reported figure, not the published cost of attendance shown above).
Troy is a public school; Scorecard's net price figure covers in-state, Title-IV-aid-recipient payers only — there is no comparable federal figure for out-of-state students.
Outcomes for students who enrolled here
Graduation rate (150% of normal time), 2016 cohort
50%
First-year retention rate, 2021 cohort
71%
Median debt at completion, 2020–2021 completers
$25,000 (~$265/mo on a 10-yr plan)
Median earnings, 10 years after entry (measured 2020-21)
$42,062
Share of students receiving a Pell grant, AY 2021-22
46%
Share of students receiving a federal loan, AY 2021-22
83%
Institutional merit aid tiers
Every tier below is sourced to the school’s own published financial aid pages. Renewal terms apply only if the student maintains the stated GPA.
Tuition, full housing, and meal plan
The Scholars PLUS Award
ApplicationRenewable
GPA
3.7 GPA
SAT
1450-1600 RSAT
ACT
33-36 ACT
Requirements & details+
Eligibility
Apply through the TROY Scholarship Portal
Renewal terms
Covers up to 16 hours per semester; specific renewal GPA not stated on this page.
Notes
Covers tuition, full housing, and meal plan (up to 16 hours/semester). Not a full cost-of-attendance ride (e.g., books, transportation, miscellaneous remain).
Scholarships, unless otherwise specified, are for one academic year and applied for through the TROY Scholarship Portal. Transfer scholarships explicitly cannot be stacked with other TROY transfer scholarships; the freshman page does not state whether the freshman academic awards stack with one another. Outside/private scholarship displacement is not addressed.
Explicit anti-stacking applies to TROY Transfer Scholarships ('not eligible to stack this scholarship with other TROY Transfer Scholarships'). No combine/stack statement for the freshman academic awards; no outside-scholarship displacement language found.
Merit penetrationHow likely is merit aid here?From Troy’s Common Data Set: the share of first-year students who receive institutional merit and the average dollar amount when they do.
14%of admitsget merit
Average award$9,962Covers ~36% of $27,910 cost of attendance
At Troy, roughly 1 in 7 first-year admits receive institutional merit aid. The average award is $9,962 — about 36% of total cost.
As filed in Troy's CDS Section H2A: of 1,446 first-time, full-time degree-seeking freshmen, 202 had no financial need and received institutional merit (non-need) scholarship or grant aid, averaging $9,962. Across all full-time degree-seeking undergraduates: 523 of 6,977, averaging $8,442. Athletic awards are excluded per the CDS definition.
Named awards that don’t always surface on the main financial aid page. Each one has its own eligibility rules.
Amount$2,000 (in addition to The Scholars Award)EligibilityFive entering freshmen pursuing Accounting, Economics, or Global Business, selected from Scholars Award recipients
Additional endorsement from Sorrell College of Business; serve as student ambassadors
Amount$1,000 (one-time, non-renewable)Eligibility3.0 GPA + at least 20 ACT/1030 RSAT; parent/grandparent in the National Alumni Association and/or a local Alumni Chapter
Through the TROY Scholarship Portal. Troy Campus Foundation Scholarships are due March 1; other deadlines are listed in the portal.
What earns the largest award?
The Scholars PLUS Award (33-36 ACT/1450-1600 RSAT and 3.7 GPA) covers tuition, full housing, and a meal plan for up to 16 hours per semester.
What is the Chancellor's Scholarship worth?
$6,000–$10,000 annually, for students with 26-29 ACT/1230-1350 RSAT and a 3.5 GPA.
Is there an award for Florida or Georgia students?
Yes — the Sunshine Scholars Award ($1,000–$2,000, renewable 4 years with a 2.7 GPA) for FL/GA high school students with a 3.0 GPA and at least 20 ACT/1030 RSAT.
Can I stack Troy scholarships?
Transfer scholarships cannot be stacked with other TROY transfer scholarships. The page doesn't state whether the freshman academic awards combine — confirm with Student Financial Services.
How Troy compares across our verified dataset
135 of 750 verified schools in our dataset use unclear or unpublished displacement.
Troy is in a recognizable cluster (135 schools share this category). That framing matters when comparing peer schools that may publish the policy differently or not at all.
135 of 750 verified schools publish no clear displacement order.
Troy is one of them. The right move is the aid-office email script below, not a guess.
668 of 750 verified schools publish at least one four-year renewable merit award.
Troy is one of them. The cohort minority (82 schools) only awards one-year scholarships, which means the four-year value families assume on a brochure quote isn't guaranteed at every school.
Sources used on this page
Every claim is checked against Troy’s own published materials. Below is the full reference set.