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Tuition and Expenses


Cost of Attendance
$54,552
Tuition and Fees
$37,921
Room and Board
$13,131
Books and Supplies
$900
Other Expenses
$2,600
Payment Plans
 

Applying for Financial Aid


Financial Aid Office

Email
admissions@elon.edu
Web Site
Financial Aid Web Site
Net Price Calculator URL
Net Price Calculator URL

Application Process

Application Deadline
Not reported
Award Notification
On a rolling basis
Methodology for Awarding Institutional Aid
Institutional Methodology
Forms Required Cost to File
FAFSA
Code is 002927
Free
CSS/Financial Aid Profile $25 for first college, $16 each additional

Profile of 2019 - 20 Financial Aid


Freshman

Financial Aid Applicants
1,059 (63.8%) of freshmen
Found to Have Financial Need
617 (58.3%) of applicants
Received Financial Aid
615 (99.7%) of applicants with financial need
Need Fully Met
84 (13.7%) of aid recipients
Average Percent of Need Met
58%
Average Award
$19,972
Need-Based Gift
Received by 543 (88.3%) of aid recipients, average amount $15,187
Need-Based Self-Help
Received by 502 (81.6%) of aid recipients, average amount $4,596
Merit-Based Gift
Received by 391 (63.6%) of aid recipients
Merit-Based Gift
493 (29.7%) of freshmen had no financial need and received merit aid, average amount $6,603

All Undergraduates

Financial Aid Applicants
2,945 (48.6%) of undergraduates
Found to Have Financial Need
2,061 (70.0%) of applicants
Received Financial Aid
2,057 (99.8%) of applicants with financial need
Need Fully Met
341 (16.6%) of aid recipients
Average Percent of Need Met
61%
Average Award
$21,162
Need-Based Gift
Received by 1,849 (89.9%) of aid recipients, average amount $16,206
Need-Based Self-Help
Received by 1,644 (79.9%) of aid recipients, average amount $5,196
Merit-Based Gift
Received by 1,143 (55.6%) of aid recipients
Merit-Based Gift
1,604 (26.5%) of undergraduates had no financial need and received merit aid, average amount $7,819

Borrowing

2019 Graduates Who Took Out Loans
34%
Average Indebtedness of 2019 Graduates
$32,028
Parents of Students Receiving Aid
10.0%
Parents of Students Not Receiving Aid
4.0%

Financial Aid Programs


Loans

Federal Loans
Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans
State Loans
Available
Other Loans
College/university loans, Private loans

Scholarships and Grants

Need-Based Available
Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available
Academic scholarships, Creative arts/performance scholarships, Special achievements/activities, Special characteristics (minority, religious affiliation, other scholarships)

Non-Need Awards

Academic Interest/Achievement Award Areas
Biological Sciences, Business, Communication, Computer Science, Education, Engineering/Technologies, Mathematics, Military Science, Physical Sciences, Premedicine, Religion/Biblical Studies, Social Sciences
Number of Awards
3,495
Top Areas (By Money Awarded)
 
Creative Arts/Performance Award Areas
Applied Art and Design, Journalism/Publications, Music, Performing Arts, Theater/Drama
Number of Awards
188
Top Areas (By Money Awarded)
 
Special Achievements/Activities Award Areas
Community Service, Leadership, Religious Involvement
Number of Awards
153
Top Areas (By Money Awarded)
 
Special Characteristics Award Areas
Adult Students, Children of Faculty/Staff, Ethnic Background, First-Generation College Students, International Students, Members of Minorities, Relatives of Clergy, Veterans
Number of Awards
178
Top Areas (By Money Awarded)
 

Employment

Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$2,374

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.