Elon University

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2019 Undergraduate Tuition
$36,082
3.54% growth from 2018
2019 Average Net Price
$36,564
After Financial Aid
2017 Student Loan
1.29%
Default Rate
2019 Acceptance Rate
78.4%
10,500 Applicants
2019 Enrolled Students
7,088
95.7% Full-Time
2018 Graduation Rate
82.5%
1,175 Graduates

About

Elon University is a higher education institution located in Alamance County, NC. In 2016, the most popular Bachelor's Degree concentrations at Elon University were General Finance (199 degrees awarded), Public Relations, Advertising, & Applied Communication (155 degrees), and General Marketing & Marketing Management (131 degrees).

In 2019, 1,941 degrees were awarded across all undergraduate and graduate programs at Elon University. 60.8% of these degrees were awarded to women, and 39.2% awarded men. The most common race/ethnicity group of degree recipients was white (1,523 degrees), 12.6 times more than then the next closest race/ethnicity group, black or african american (121 degrees).

The median undergraduate tuition at Elon University is $36,082, which is $14,056 more than the national average for Masters Colleges and Universities ($22,027).

Costs

The median undergraduate tuition at Elon University is $36,082, which is $14,056 more than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $36,564.

In 2019, 58% of undergraduate students received federal grants, while 28% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$36,082
2019 Undergraduate Tuition

In 2019, the cost of tuition at Elon University was $36,082. The cost of tuition at Elon University is $14,056 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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Average Net Price

$36,564
2019 Value
4.55%
1 Year Growth

In 2019 Elon University had an average net price — the price paid after factoring in grants and loans — of $36,564. Between 2018 and 2019, the average net price of Elon University grew by 4.55%.

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

$12,230
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at Elon University was of $12,230 in 2019. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board increased by 3.04% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

58%
Of Undergraduates Receive Grants
28%
Of Undergraduates Receive Federal Loans

58% of undergraduate students at Elon University received grants or loans in 2019. This represents a growth of 3.57% with respect to 2018, when 56% 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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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
1.29%
2017 Default Rate
12
Number of Defaults

In 2017 the default rate for borrower's at Elon University was 1.29%, which represents 12 out of the 932 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Elon University received 10,500 undergraduate applications in 2019, which represents a 2.13% annual decline. Out of those 10,500 applicants, 8,236 students were accepted for enrollment, representing a 78.4% acceptance rate.

There were 7,088 students enrolled at Elon University in 2019, and 65% of first-time enrollees submitted SAT scores with their applications.

Elon University has an overall enrollment yield of 20.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.4%
Acceptance Rate in 2019
8,236
Accepted Out of 10,500

In 2019, the undergraduate acceptance rate of Elon University was 78.4% (8,236 admissions from 10,500 applications). This is higher than the acceptance rate of 2018, which was 72.1%. Between 2018 and 2019, the number of applicants declined by -2.13%, while admissions grew by 6.41%.

This chart compares the acceptance rate of Elon University (in red) with that of other similar universities.

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SAT Scores

65%
Submission Percentage
1,070
Scores Submitted

65% of enrolled first-time students at Elon University in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Elon University has a total enrollment of 7,088 students. The full-time enrollment at Elon University is 6,784 students and the part-time enrollment is 304. This means that 95.7% of students enrolled at Elon University are enrolled full-time.

The enrolled student population at Elon University, both undergraduate and graduate, is 78.6% White, 6.66% Black or African American, 6.46% Hispanic or Latino, 3.06% Two or More Races, 2.31% Asian, 0.183% American Indian or Alaska Native, and 0.0141% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Elon University in full-time Undergraduate programs are most commonly White Female (48.2%), followed by White Male (31.8%) and Hispanic or Latino Female (4.13%). Students enrolled in full-time Graduate programs are most commonly White Female (44%), followed by White Male (25.5%) and Black or African American Female (11.2%).

Full-Time vs Part-Time Enrollment

95.7%
Full-Time Enrollment

The total enrollment at Elon University, both undergraduate and graduate, is 7,088 students. The full-time enrollment at Elon University is 6,784 and the part-time enrollment is 304. This means that 95.7% of students enrolled at Elon University are enrolled full-time compared with 69.2% at similar Masters Colleges and 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

91%
2019 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 91%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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
  1. White
    5,568
  2. Black or African American
    472
  3. Hispanic or Latino
    458

The enrolled student population at Elon University is 78.6% White, 6.66% Black or African American, 6.46% Hispanic or Latino, 3.06% Two or More Races, 2.31% Asian, 0.183% American Indian or Alaska Native, and 0.0141% 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 Masters Colleges and Universities is 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 60 students (0.847%) did not report their race.

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Graduates

In 2019, 421 more women than men received degrees from Elon University. The most common race/ethnicity group of degree recipients at Elon University is white (1,523 degrees awarded). There were 12.6 times more white graduates than the next closest race/ethnicity group, black or african american (121 degrees).

The most common Bachelor's Degree concentration at Elon University is General Finance (199 degrees awarded), followed by Public Relations, Advertising, & Applied Communication (155 degrees) and General Marketing & Marketing Management (131 degrees).

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 (321 degrees awarded), Legal (103 degrees), and Public Administration and Social Service (121 degrees).

Workforce

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 Other managers (173,704 people), Social workers, all other (168,139 people), Elementary & middle school teachers (129,357 people), Marketing managers (85,929 people), and Lawyers, & judges, magistrates, & other judicial workers (81,054 people).

The most specialized majors at Elon University are Communications (321 degrees awarded), Legal (103 degrees), Public Administration and Social Service (121 degrees), Parks, Recreation, & Leisure (84 degrees), and Language & Linguistics (29 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Elon University are Dentists, Public relations specialists, Surgeons, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Elon University are Communications (321 degrees awarded), Legal (103 degrees), Public Administration and Social Service (121 degrees), Parks, Recreation, & Leisure (84 degrees), and Language & Linguistics (29 degrees).

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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 (348,552 people), Colleges, universities & professional schools, including junior colleges (222,398 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (160,801 people), Individual & family services (125,363 people), and Computer Systems Design (120,341 people).

The most specialized majors at Elon University are Communications (321 degrees awarded), Legal (103 degrees), Public Administration and Social Service (121 degrees), Parks, Recreation, & Leisure (84 degrees), and Language & Linguistics (29 degrees).

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Degrees

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
  1. 199 degree-majorss awarded
  2. 155 degree-majorss awarded
  3. 131 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Elon University was General Finance with 199 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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Gender Breakdown for Common Majors

760
Degrees Awarded to Men
in 2019
1,181
Degrees Awarded to Women
in 2019

In 2019, 760 degrees were awarded to men at Elon University, which is 0.644 times less than the number of degrees awarded to females (1,181).

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

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Most Common Male Majors

In 2019, 150 degrees were awarded to men at Elon University in General Finance, which is 3.06 times more than the 49 female recipients with that same degree.

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Most Common Female Majors

In 2019, 132 degrees were awarded to women at Elon University in Public Relations, Advertising, & Applied Communication, which is 5.74 times more than the 23 male recipients with that same degree.

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Time to Complete

78%
100% Completion Time
84%
150% Completion Time

In 2019, 78% of students graduating from Elon University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% 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 Masters Colleges and 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Elon University is Female and Two or More Races (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.681% of graduates (8 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,523 degrees awarded
  2. Black or African American
    121 degrees awarded
  3. Hispanic or Latino
    111 degrees awarded

The most common race/ethnicity at Elon University is white (1,523 degrees awarded). There were 12.6 times more white recipients than the next closest race/ethnicity group, black or african american (121 degrees).

1.08% of degree recipients (21 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    924 degrees awarded
  2. White Male
    599 degrees awarded
  3. Hispanic or Latino Female
    74 degrees awarded

The most common race/ethnicity and gender grouping at Elon University is white female (924 degrees awarded). There were 1.54 times more white female recipients than the next closest race/ethnicity group, white male (599 degrees).

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Operations

Elon University has an endowment valued at nearly $270M, as of the end of the 2019 fiscal year. The return on its endowment was of $9.68M (3.59%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Elon University had a total salary expenditure of $254M. Elon University employs 155 Assistant professors, 147 Associate professors, and 80 Professors. Most academics at Elon University are Female Assistant professors (83), Male Associate professors(78), and Male Assistant professors (72).

The most common positions for non-instructional staff at Elon University are: Service, with 169 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 139 employees, and Management with 135 employees.

Finances

Endowment

$270M
2019 Endowment
5.46%
growth from 2018

Elon University has an endowment valued at about $270M, as of the end of the 2019 fiscal year. The endowment of Elon University grew 5.46% from the previous year. The value of their endowment was $231M higher than than the median endowment of Masters Colleges and 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 Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $1.47M - Federal
  2. $1.72M - State
  3. $0 - Local

As of 2019, Elon University received $1.47M in grants and contracts from the federal government, $1.72M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$102M
2019 Salaries
4.49%
growth from 2018

In 2019, Elon University paid a median of $102M in salaries, which represents 40.1% of their overall expenditure ($254M) and a 4.49% growth from the previous year. This is compared to a 4.84% growth from 2017 and a 3.77% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

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Instructional Salaries

$38.6M
Instructional Salaries
446
Number of Employees

In 2019, Elon University paid a total of $38.6M to 446 employees working as instructors, which represents 37.9% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
155 Employees
Service
Most Common Non-Instructional Employee
169 Employees

In 2019, the most common positions for instructional staff at Elon University were Assistant professor with 155 employees; Associate professor with 147 employees; and Associate professor with 80 employees.

In 2019, the most common positions for non-instructional staff at Elon University were Service with 169 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 139 employees; and Management with 135 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female Assistant professor
  2. Male Associate professor
  3. Male Assistant professor

In 2019, the most common demographic for instructional staff at Elon University was Female Assistant professor with 83 employees, Male Associate professor with 78 employees, and Male Assistant professor with 72 employees.

This chart shows the gender split between each academic rank present at Elon University.

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