Elon University's published cost of attendance is $62,266. Net price by income band shows meaningful variation: low-income families pay approximately $26,523, middle-income families pay around $24,064, and higher-income families pay approximately $49,743.
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Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
| 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 |
| Family Income | Net Price |
|---|---|
| $0–30k | $26,523 |
| $30–48k | $23,514 |
| $48–75k | $24,064 |
| $75–110k | $34,472 |
| $110k+ | $49,743 |
Elon University's published cost of attendance is $62,266. Net price by income band shows meaningful variation: low-income families pay approximately $26,523, middle-income families pay around $24,064, and higher-income families pay approximately $49,743. Azimuth ranks Elon University #1354 for post-graduation affordability among nonprofit four-year institutions. The affordability rank reflects both the headline sticker price and the debt load graduates carry; net price and sticker price can differ substantially, and understanding that gap matters when comparing institutions. Elon participates in federal need-based aid programs and institutional aid, with financial aid packages reshaping the sticker price for most students. Median federal student loan debt at graduation is $20,500, and families using Parent PLUS borrow a median of $46,609; private or institutional loans may add further borrowing that falls outside these federal-only figures. See the Parent PLUS risk framework for how household context shapes PLUS decisions. For the typical graduate at the institution's median four-year earnings of $77,800, median federal debt of $20,500 projects to a monthly payment of about $232 under standard ten-year repayment. For personalized projections across earnings scenarios — including Parent PLUS planning — use Azimuth's Financial GPS tool.
How much students borrow and whether debt is manageable given outcomes.
Debt is well below typical first-year earnings — generally considered very manageable.
How cost compares to graduate earnings and value added.
Graduates of Elon University earn median 4-year earnings of $77,800, placing the institution in the 85.9 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Graduates earn about $8,253 less than similar students at comparable institutions, placing Elon University in the 25.7 percentile for earnings beyond expectations among nonprofit four-year institutions. Azimuth ranks Elon University #186 for return on investment among nonprofit four-year institutions. The earnings pattern reflects Elon University's concentration in business and professional fields. Public Relations, Advertising, and Applied Communication is the largest program with 176 graduates and anchors the institution's economic profile. The Finance program graduates 152 students earning median 4-year earnings of $103,426, performing at 1.2x the national benchmark for the field. The Digital Marketing program graduates 122 students with median 4-year earnings of $95,163, at 1.4x benchmark, while Psychology, General and Kinesiology round out the top programs with 111 and 108 graduates respectively, earning $69,856 and $68,178 at 1.4x and 1.2x benchmark performance.
