Scholarships, Costs & Aid
How to Pay for College
There's no question that college is a significant expense. When measuring the value of a college education, students of any age and families need to understand it as an investment in a lifetime of higher earning potential and a broader range of professional opportunities — but they also need to feel comfortable with how to pay for college right now.
Between merit- and need-based scholarships and grants, private and federal student loans, work-study, and additional resources, there are a number of options to relieve some of the financial barriers to higher education. TROY is committed to helping students and families identify and benefit from every resource available.
There is an application process associated with receiving financial aid and scholarships; all students should familiarize themselves with priority deadlines and apply well in advance of the anticipated start date. To get more information about the cost of attending college and the types of student aid that may be available to you, look through the options below.
How to Pay for College
Apply for Scholarships
Pursue the degree that will lead you to the career of your dreams, and do it with the help of TROY's amazing donors and sponsors.
Tuition and Costs
Paying for tuition, housing, books & fees can be overwhelming. That's why we provide guides for budgeting, making payments, and receiving your refund ASAP.
Financial Aid
Need help with financing your education? No problem! Start here to learn how to get started.
Financial Aid A-Z Index
Use our Financial Aid A-Z Index for quick answers to your most common questions.
Child Care Assistance
Are you a Troy University student who needs help with paying for childcare? Learn more about Child Care Access Means Parents in School (CCAMPIS).
Housing Costs
We are so glad that you have chosen TROY as your new home. Learn about housing costs, what to pack and how to prepare for move in.
Net Price Calculator
Calculate your estimated cost of attendance based on what similar students paid in a previous year.
"Troy was the best decision of my life. The family, the friends, and the community is unlike any other and if I could do it all again I would still chose TROY (especially now that there is a hobby lobby in town). During my internship I had to learn how to manage my time and prioritize my workday which is exactly what I have to do now. I also had to sharpen my social skills which is a vital part of my career as it is founded on the relationships we are able to form in the industry."
- Jasmine Canlas
Bachelor of Science in Business Administration with a concentration in Risk Management and Insurance '20
Paying for College FAQs
The general eligibility requirements for financial aid are that a student must be a U.S. Citizen (or eligible noncitizen); must be enrolled in an eligible degree or certificate program; and must show financial need as determined by filing the Free Application for Federal Student Aid (FAFSA) every year.
There are three main types of financial aid: grants and/or scholarships, loans, and work. Grants, scholarships, and work do not need to be repaid. Loans must be repaid after the student graduates or stops being at least a half-time student.
There are no income limits regarding eligibility for financial aid. Many factors come into play in determining a student's financial need, including income, assets, family size, number in college, and the cost of attendance at the student's choice of college.
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