Elon University Financial Aid

Elon University Tuition and Financial Aid

September 4, 2021 by Prasanthi Leave a Comment

Elon University Tuition And Expenses

Cost of Attendance	$49,642
Tuition and Fees	$34,273
Room and Board	$11,869
Books and Supplies	$900
Other Expenses	$2,600
Payment Plans	Credit card, installment plan, external finance company

Elon University Applying For Financial Aid

Financial Aid Office
E-mail	admissions@elon.edu
Web Site	Financial Aid Web Site
Net Price Calculator URL	Net Price Calculator URL

Application Process
Application Deadline	Priority deadline November 15
Award Notification	On a rolling basis beginning March 30
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

Elon University Profile Of 2016-17 Financial Aid

Freshmen
Financial Aid Applicants	849 (55.1%) of freshmen
Found to Have Financial Need	522 (61.5%) of applicants
Received Financial Aid	516 (98.9%) of applicants with financial need
Need Fully Met	74 (14.3%) of aid recipients
Average Percent of Need Met	62%
Average Award	$19,363
Need-Based Gift	Received by 456 (88.4%) of aid recipients, average amount $15,145
Need-Based Self-Help	Received by 406 (78.7%) of aid recipients, average amount $4,613
Merit-Based Gift	Received by 225 (43.6%) of aid recipients
Merit-Based Gift	334 (21.7%) of freshmen had no financial need and received merit aid, average amount $7,301

All Undergraduates
Financial Aid Applicants	2,583 (44.3%) of undergraduates
Found to Have Financial Need	1,846 (71.5%) of applicants
Received Financial Aid	1,831 (99.2%) of applicants with financial need
Need Fully Met	304 (16.6%) of aid recipients
Average Percent of Need Met	61%
Average Award	$19,000
Need-Based Gift	Received by 1,653 (90.3%) of aid recipients, average amount $15,052
Need-Based Self-Help	Received by 1,460 (79.7%) of aid recipients, average amount $5,553
Merit-Based Gift	Received by 845 (46.1%) of aid recipients
Merit-Based Gift	1,255 (21.5%) of undergraduates had no financial need and received merit aid, average amount $7,381

Borrowing
2016 Graduates Who Took Out Loans	42%
Average Indebtedness of 2016 Graduates	$30,170
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid	6.0%
Parents of Students Not Receiving Aid	2.0%

Elon University Financial Aid Programs

Loans
Federal Loans	Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins 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, Music/Drama scholarships, Athletic scholarships, ROTC scholarships, Alumni affiliation scholarships, Leadership scholarships, Religious affiliation scholarships

Non-Need Awards
Academic Interest/Achievement Award Areas	Engineering/Technologies, Mathematics, Military Science, Physical Sciences, Premedicine, Religion/Biblical Studies, Social Sciences, Biological Sciences, Business, Communication, Computer Science, Education
Number of Awards	2,379
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas	Art/Fine Arts, Journalism/Publications, Music, Performing Arts, Theater/Drama
Number of Awards	107
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas	Community Service, Leadership, Religious Involvement
Number of Awards	144
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, other work study available
Average Earnings from On-Campus Employment	$2,397