Number Received Financial Aid (All Undergraduate)
4,248
Percent Received Financial Aid(All Undergraduate)
67%
Average Aid Amount
$15,222
Number Received Financial Aid (Freshmen)
1,161
Percent Received Financial Aid (Freshmen)
73%
Financial Aid Information at Elon
For the academic year 2021-2022, a total of 4,248 students (67% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $15,222. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,161 students (73% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Elon University is $44,536, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 4,248 students (67% of all students) have received grants or scholarships and the average received aid amount is $15,222. 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 | 4,248 | 67% | $15,222 |
| Pell Grants | 594 | 9% | $4,668 |
| Federal Student Loans | 1,573 | 25% | $5,915 |
Beginning Students Financial Aid
a total of 1,161 beginning students (73% of all freshmen) have received any financial aid and 1,127 students (71% 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 | 1,161 | 73% | - |
| Grants or Scholarship from All Sources | 1,089 | 68% | $13,880 |
| Federal Grants | 183 | 12% | $5,411 |
| Pell Grants | 183 | 12% | $4,868 |
| Other Federal Grants | 173 | 11% | $574 |
| State/Local Grants | 103 | 6% | $6,754 |
| Institutional Grants | 1,051 | 66% | $12,778 |
| Student Loans | 450 | 28% | $9,977 |
| Federal Student Loans | 428 | 27% | $5,340 |
| Other Student Loans | 83 | 5% | $26,555 |
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