Cost varies significantly by family income. Use the breakdown below to estimate your net price.
Cost Calculator
What You'll Pay at Elon University
Select your family income to see your estimated cost
The Cost Formula
Tuition
$47K
+
Room
$15K
+
Books
$900
=
Sticker Price
$62,266
$47K+$15K+$900=$62,266
Your Family Income
Sticker
$62,266
−
Your Aid
$38,202
=
Net Price
$24,064
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Elon University Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$62,266
Tuition and Fees
$46,958
Room and Board
$14,985
Books and Supplies
$900
Average Financial Aid (Grants and Scholarships)
-$20,711
Average Net Price (What Families Pay)
$41,555
Elon University Net Price by Family Income Level
Family Income
Net Price
$0–30k
$26,523
$30–48k
$23,514
$48–75k
$24,064
$75–110k
$34,472
$110k+
$49,743
Understanding Your Aid Package
Elon University has a sticker price of $62,266 per year, but most students pay significantly less after financial aid. The actual cost depends heavily on your family's income level.
Key Facts
Sticker price: $62,266/year
Average aid: $20,711 in grants & scholarships
$48–75K families pay: ~$24,064/year
Low-income families: Pay ~$26,523/year
10% of students receive Pell Grants
Financial Aid Profile
💰
10%
Pell Grant Recipients
Lower-income students receiving federal aid
🎓
9%
First-Generation Students
Parents without bachelor's degree
Get personalized cost estimates and assess whether borrowing makes sense.
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$20,500
Range (25th–75th)$8,000 – $27,000
Median Parent PLUS Loans$46,609
Debt Manageability
0.26x
Debt-to-Earnings Ratio
Debt is well below typical first-year earnings — generally considered very manageable.
3-Year Default Rate0.0%
Return on Investment
How cost compares to graduate earnings and value added.
Median Earnings (10yr)
$74,545
Earnings Growth
+28%
6 → 10 years post-graduation
Value Added
+$-8,253
26th percentile among peers
Earnings Range (10yr post-graduation)
$46,849
25th %ile
$107,869
75th %ile
Frequently Asked Questions about Elon University Cost & Financial Aid
Elon University's published tuition is $62,266 per year. However, after financial aid, the average student pays $24,064—a difference of $38,202.
Families earning under $30,000 pay an average net price of $26,523 at Elon University. 10% of students receive Pell Grants.
Elon University offers merit-based scholarships for academic achievement, in addition to need-based financial aid. Contact the financial aid office for specific scholarship opportunities.
The median debt for Elon University graduates is $20,500, resulting in estimated monthly payments of $217 over 10 years.
Even families earning over $110,000 pay an average net price of $49,743 at Elon University—still $12,523 less than the sticker price. Most families qualify for some form of aid.
