Number Received Financial Aid (All Undergraduate)
4,187
Percent Received Financial Aid(All Undergraduate)
66%
Average Aid Amount
$16,543
Number Received Financial Aid (Freshmen)
1,271
Percent Received Financial Aid (Freshmen)
75%
Financial Aid Information at Elon
For the academic year 2023-2024, a total of 4,187 students (66% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $16,543. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,271 students (75% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Elon University is $46,958, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 4,187 students (66% of all students) have received grants or scholarships and the average received aid amount is $16,543. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Elon University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 4,187 | 66% | $16,543 |
| Pell Grants | 579 | 9% | $5,007 |
| Federal Student Loans | 1,550 | 24% | $6,203 |
Beginning Students Financial Aid
a total of 1,271 beginning students (75% of all freshmen) have received any financial aid and 1,222 students (72% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Elon University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,271 | 75% | - |
| Grants or Scholarship from All Sources | 1,174 | 69% | $17,523 |
| Federal Grants | 160 | 9% | $5,527 |
| Pell Grants | 159 | 9% | $5,013 |
| Other Federal Grants | 145 | 9% | $602 |
| State/Local Grants | 86 | 5% | $7,300 |
| Institutional Grants | 1,163 | 69% | $16,389 |
| Student Loans | 504 | 30% | $11,746 |
| Federal Student Loans | 468 | 28% | $5,172 |
| Other Student Loans | 112 | 7% | $31,244 |
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