Elon University

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    2024 Undergraduate Tuition
    $46,451
    5.5% growth from 2023
    2024 Average Net Price
    $44,440
    After Financial Aid
    2024 Acceptance Rate
    66.3%
    18,105 Applicants
    2024 Enrolled Students
    7,239
    96.7% Full-Time
    2024 Graduation Rate
    84%
    1,427 Graduates

    About

    Elon University is a higher education institution located in Alamance County, NC. In 2024, the most popular Bachelors Degree concentrations at Elon University were General Finance (149 degrees awarded), Communication Management And Strategic Communications (136 degrees), and General Marketing & Marketing Management (124 degrees).

    In 2024, 1,994 degrees were awarded across all undergraduate and graduate programs at Elon University. 60.1% of these degrees were awarded to women, and 39.9% awarded men. The most common race/ethnicity group of degree recipients was white (1,555 degrees), 12.1 times more than then the next closest race/ethnicity group, black or african american (129 degrees).

    The median undergraduate tuition at Elon University is $46,451, which is $14,531 more than the national average for Doctoral Universities ($31,920).

    Costs

    In 2024, the median undergraduate tuition at Elon University is $46,451, which is $14,531 more than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $44,440.

    In 2024, 70% of undergraduate students attending Elon University received financial aid through grants. Comparatively, 24% of undergraduate students received financial aid through loans.

    Tuition Costs

    $46,451
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Elon University was $46,451. The cost of tuition at Elon University is $14,531 more than than the overall (public and private) national average for Doctoral Universities ($31,920).

    This chart compares the tuition costs of Elon University (in red) with those of other similar universities.

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    Average Net Price

    $44,440
    2024 Value
    6.19%
    1 Year Growth

    In 2024 Elon University had an average net price — the price paid after factoring in grants and loans — of $44,440. Between 2023 and 2024, the average net price of Elon University grew by 6.19%.

    This chart compares the average net price of Elon University (in red) with that of other similar universities.

    Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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    Other Student Expenses

    $14,478
    Room and Board
    $900
    Books and Supplies

    The average yearly cost of room and board at Elon University was of $14,478 in 2024. The cost of room and board increased by 4.26% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

    This chart compares the average student costs at Elon University (in red) with that of similar universities.

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    Financial Aid by Income Level

    70%
    Undergraduates Receiving Financial Aid through Grants
    24%
    Undergraduates Receiving Financial Aid through Loans

    70% of undergraduate students at Elon University received financial aid through grants or loans in 2024. This represents a growth of 6.06% with respect to 2023, when 66% of undergraduate students received financial aid.

    This chart compares the average award discount at Elon University (in red) with that of other similar universities.

    The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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    Admissions

    Elon University received 18,105 undergraduate applications in 2024, which represents a 3.65% annual growth. Out of those 18,105 applicants, 12,012 students were accepted for enrollment, representing a 66.3% acceptance rate.

    There were 7,239 students enrolled at Elon University in 2024. 2% of first-time enrollees submitted SAT scores with their applications.

    Elon University has an overall enrollment yield of 13.4%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    66.3%
    Acceptance Rate in 2024
    12,012
    Accepted Out of 18,105

    In 2024, the undergraduate acceptance rate of Elon University was 66.3% (12,012 admissions from 18,105 applications). This is lower than the acceptance rate of 2023, which was 67.3%. Between 2023 and 2024, the number of applicants declined by 3.65%, while admissions declined by 5.04%.

    This chart compares the acceptance rate of Elon University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    SAT Scores

    2%
    Submission Percentage (2024)
    40
    Scores Submitted (2024)

    2% of enrolled first-time students at Elon University in 2024 submitted SAT scores with their applications.

    The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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    Enrollment

    Elon University had a total enrollment of 7,239 students in 2024. The full-time enrollment at Elon University is 7,000 students and the part-time enrollment is 239. This means that 96.7% of students enrolled at Elon University are enrolled full-time.

    The enrolled student population at Elon University, both undergraduate and graduate, is 75.2% White, 7.43% Hispanic or Latino, 5.59% Black or African American, 2.9% Two or More Races, 2.18% Asian, 0.18% American Indian or Alaska Native, and 0.0138% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Elon University in full-time Undergraduate programs are most commonly White Female (45.9%), followed by White Male (31.6%) and Hispanic or Latino Female (4.25%). Students enrolled in full-time Graduate programs are most commonly White Female (44.6%), followed by White Male (26.5%) and Hispanic or Latino Female (5.63%).

    Full-Time vs Part-Time Enrollment

    96.7%
    Full-Time Enrollment

    The total enrollment at Elon University in 2024, both undergraduate and graduate, is 7,239 students. The full-time enrollment at Elon University is 7,000 and the part-time enrollment is 239. This means that 96.7% of students enrolled at Elon University are enrolled full-time compared with 77.3% at similar Doctoral Universities.

    This chart shows the full-time vs part-time enrollment status at Elon University (in red) compares to similar universities.

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    Retention Rate over Time

    90%
    2024 Retention Rate

    Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Elon University was 90%. Compared with the full-time retention rate at similar Doctoral Universities (82%), Elon University had a retention rate higher than its peers.

    This chart shows the retention rate over time at Elon University (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      5,442 enrolled students
    2. Hispanic or Latino
      538 enrolled students
    3. Black or African American
      405 enrolled students

    The enrolled student population at Elon University is 75.2% White, 7.43% Hispanic or Latino, 5.59% Black or African American, 2.9% Two or More Races, 2.18% Asian, 0.18% American Indian or Alaska Native, and 0.0138% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% Black or African American.

    Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 338 students (4.67%) did not report their race.

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    Graduates

    In 2024, 402 more women than men received degrees from Elon University. The most common race/ethnicity group of degree recipients at Elon University is white (1,555 degrees awarded). There were 12.1 times more white recipients than the next closest race/ethnicity group, black or african american (129 degrees).

    The most common Bachelor's Degree concentration at Elon University is General Finance (149 degrees awarded), followed by Communication Management And Strategic Communications (136 degrees) and General Marketing & Marketing Management (124 degrees).

    In 2024,  the most specialized majors across all degree types at Elon University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communications (344 degrees awarded), Legal (140 degrees), and Parks, Recreation, & Leisure (113 degrees).

    Common Jobs by Major

    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Elon University are Accountants & auditors (1,026,620 people), Other managers (857,133 people), Financial managers (544,643 people), Chief executives & legislators (441,078 people), and Human resources workers (300,223 people).

    The most specialized majors at Elon University in 2024 are Communications (344 degrees awarded), Legal (140 degrees), Parks, Recreation, & Leisure (113 degrees), Communication Technologies (26 degrees), and Business (546 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Elon University are Agents & business managers of artists, performers, & athletes, Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, and Skincare specialists

    The most specialized majors at Elon University are Communications (344 degrees awarded), Legal (140 degrees), Parks, Recreation, & Leisure (113 degrees), Communication Technologies (26 degrees), and Business (546 degrees) (as of 2024).

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    Common Industries by Major

    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Elon University are Elementary & secondary schools (727,789 people), Computer Systems Design (669,761 people), Colleges, universities & professional schools, including junior colleges (500,984 people), Banking & related activities (480,091 people), and Securities, commodities, funds, trusts & other financial investments (469,965 people).

    The most specialized majors at Elon University are Communications (344 degrees awarded), Legal (140 degrees), Parks, Recreation, & Leisure (113 degrees), Communication Technologies (26 degrees), and Business (546 degrees) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Elon University.
    Most Common (2024)
    1. 149 degrees awarded
    2. 136 degrees awarded
    3. 124 degrees awarded

    In 2024, the most common bachelors degree concentration at Elon University was General Finance with 149 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Elon University according to their major.

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    Sex Breakdown for Common Majors

    796
    Degrees Awarded to Men
    in 2024
    1,198
    Degrees Awarded to Women
    in 2024

    In 2024, 796 degrees were awarded to men at Elon University, which is 0.664 times less than the number of degrees awarded to females (1,198).

    This chart displays the sex disparity between the top 5 majors at Elon University by degrees awarded.

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    Most Common Male Majors

    In 2024, 119 degrees were awarded to men at Elon University in General Finance, which is 3.97 times more than the 30 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 111 degrees were awarded to men at Elon University in Communication Management And Strategic Communications, which is 4.44 times more than the 25 male recipients with that same degree.

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    Time to Complete

    79%
    100% Completion Time
    83%
    150% Completion Time

    In 2024, 79% of students graduating from Elon University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 84% within 200%.

    The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

    Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      1,555 degrees awarded
    2. Black or African American
      129 degrees awarded
    3. Hispanic or Latino
      127 degrees awarded

    The most common race/ethnicity at Elon University is white (1,555 degrees awarded). There were 12.1 times more white recipients than the next closest race/ethnicity group, black or african american (129 degrees).

    1.96% of degree recipients (39 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      1,047 degrees awarded
    2. White Female
      1,004 degrees awarded
    3. White Female
      964 degrees awarded

    The most common race/ethnicity and sex grouping at Elon University is white female (1,047 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white female (1,004 degrees).

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    Operations

    Elon University has an endowment valued at nearly $365M, as of the end of the 2024 fiscal year. The return on its endowment was of 54.8M (15%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, Elon University had a total salary expenditure of 308M. Elon University employs 172 Associate professors, 149 Assistant professors and 97 Professors. Most academics at Elon University are Male Associate professor (90), Female Associate professor (82), and Female Assistant professor (82).

    The most common positions for non-instructional staff at Elon University are: Service, with 172 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 167 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 133 employees.

    Endowment

    $365M
    2024 Endowment
    13.5%
    growth from 2023

    Elon University has an endowment valued at about $365M, as of the end of the 2024 fiscal year. The endowment of Elon University grew 13.5% from the previous year. The value of their endowment was $113M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

    This line chart shows how the endowment at Elon University (in red) compares to that of some similar universities.

    The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Moderate Research Activity Carnegie Classification grouping.

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    Salary Expenditure

    $125M
    2024 Salaries
    6.63%
    growth from 2023

    In 2024, Elon University paid a median of $125M in salaries, which represents 40.4% of their overall expenditure ($308M) and a 6.63% growth from the previous year. This is compared to a 8.83% growth between 2022 and 2023, and a 1.45% growth between 2021 and 2022.

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    Instructional Salaries

    $48.4M
    Instructional Salaries
    501
    Number of Employees

    In 2024, Elon University paid a total of $48.4M to 501 employees working as instructors, which represents 38.8% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Elon University were Service with 172 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 167 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 133 employees.

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