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What is the average financial aid amount at inst?

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For the academic year 2022-2023, total 1,161 full-time, first-time students (73% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 4,248 students (67% of all students) received grants or scholarships and the average grant amount is $15,222. In addition, 1,573 students received student loans and the average loan amount is $5,915.

Below tables show the number and amount by source of financial aid at Elon University.
All Undergraduate Student Financial Aid at Elon University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid4,24867%$15,222
Pell Grants5949%$4,668
Federal Student Loans1,57325%$5,915
Beginning Students (Freshmen) Financial Aid at Elon University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,16173%-
Grants or Scholarship from All Sources1,08968%$13,880
Federal Grants18312%$5,411
Pell Grants18312%$4,868
Other Federal Grants17311%$574
State/Local Grants1036%$6,754
Institutional Grants1,05166%$12,778
Student Loans45028%$9,977
Federal Student Loans42827%$5,340
Other Student Loans835%$26,555
see more grants, scholarship, student loans, and other financial aid stats

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