by our College Data Analytics TeamBelow is the data on what it actually costs to attend Elon University, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.
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Published attendance costs at Elon University stands at about $59,369.00 a year.
Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.
| Tuition and fees | $46,958.00 |
| + Room, board & other expenses | $12,411.00 |
| Total cost | $59,369.00 |
| That is 81% above the national average net price. |
| Total cost | $59,369.00 |
| − Grants and scholarships | −$20,711.00 |
| Net price | $38,658.00 |
| That is 18% above the national average net price. |
| Total cost | $59,369.00 |
| − Grants and scholarships | −$35,743.00 |
| Net price | $23,626.00 |
| That is 28% below the national average net price. | |
| Explore each piece on tuition and fees plus room and board. |
Cost of attendance here has been rising by around 6.7% per year, so the four-year total runs well above today’s cost. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. The loan rows amortise the projected total over a ten-year, 6.8% repayment.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 6.7% | 6.7% | 6.7% |
| Freshman year | $25,197.00 | $41,229.00 | $63,317.00 |
| Senior year | $30,566.00 | $50,013.00 | $76,808.00 |
| Total 4-year net price | $111,296.00 | $182,108.00 | $279,672.00 |
| 10-year loan interest @ 6.8% | $42,400.00 | $69,377.00 | $106,545.00 |
| Total monthly payment | $1,281.00 | $2,096.00 | $3,218.00 |
| Total amount paid | $153,696.00 | $251,484.00 | $386,217.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 6.7% | 6.7% | 6.7% |
| Freshman year | $25,197.00 | $41,229.00 | $63,317.00 |
| Senior year | $26,873.00 | $43,971.00 | $67,528.00 |
| Total 2-year net price | $52,070.00 | $85,200.00 | $130,845.00 |
| 10-year loan interest @ 6.8% | $19,837.00 | $32,458.00 | $49,847.00 |
| Total monthly payment | $599.00 | $980.00 | $1,506.00 |
| Total amount paid | $71,907.00 | $117,658.00 | $180,692.00 |
Read more in the net price section below.
The net price figure shows the cost after grants and scholarships are deducted. For most families it is a more realistic figure than the published cost.
| Average net price (on-campus) | $41,555.00 |
| Average net price (off-campus) | $41,048.00 |
The real cost varies by income because need-based aid scales with financial need. Here is the average net price for each family-income range:
| Family income | Average net price |
|---|---|
| Under $30,000 | $27,108.00 |
| $30,000 to $48,000 | $23,103.00 |
| $48,001 to $75,000 | $32,133.00 |
| $75,001 to $110,000 | $37,712.00 |
| Over $110,000 | $48,382.00 |
For a personalized estimate, try the Elon University Net Price Calculator, or reach out to the financial aid office.
Dig into how aid is awarded on the financial aid breakdown.
The typical debt load for borrowers leaving Elon University works out to $18,500.00, categorized as a Low ($10-20k) burden category.
The full distribution of debt at graduation looks like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $5,500.00 |
| 25th | $8,000.00 |
| Median (50th) | $18,500.00 |
| 75th | $27,000.00 |
| 90th | $27,000.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
Dig deeper into debt on the student loan debt page.
Student debt at graduation is not evenly distributed across income levels. Below the data splits borrowers across three income groups:
| Family income | Median debt at graduation |
|---|---|
| Low income | $18,875.00 |
| Middle income | $17,500.00 |
| High income | $18,500.00 |
On average, low-income graduates leave with $375.00 more debt than their high-income peers.
First-generation students frequently graduate with different debt than continuing-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $19,000.00 |
| Continuing-generation students | $17,750.00 |
First-generation graduates from Elon University take on $1,250.00 in additional median debt versus continuing-generation peers.
Pell Grants are the largest source of federal need-based aid for undergrads. Looking at Pell recipients versus non-recipients tells us how debt is distributed across need.
The Pell-versus-non-Pell median debt difference at Elon University is $2,000.00. This institution is flagged by federal data for Pell-debt inequity.
The federal default-rate classification for Elon University is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 2.0% |
For scale, federal Stafford loan disbursements at Elon University reach $270,390,734.00 covering 11,337 recipients.
Veterans and active-duty servicemembers can tap dedicated federal aid programs such as the Post-9/11 GI Bill and DoD Tuition Assistance.
| GI Bill recipients | 62 |
| Avg GI Bill amount | $27,713.00 |
For the full rundown of veteran and military benefits, see the college veterans page.
The data above is a foundation; round it out by asking yourself about Elon University, think through the questions below:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.