Elon University

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2017 Undergraduate Tuition
$33,829
3.5% growth from 2016
2017 Average Net Price
$33,754
After Financial Aid
2016 Student Loan
0.998%
Default Rate
2017 Acceptance Rate
66.5%
9,623 Applicants
2017 Enrolled Students
6,791
96.3% Full-Time
2017 Graduation Rate
83.8%
1,187 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 (164 degrees awarded), Public Relations, Advertising, & Applied Communication (162 degrees), and General Marketing & Marketing Management (138 degrees).

In 2017, 1,886 degrees were awarded across all undergraduate and graduate programs at Elon University. 61% of these degrees were awarded to women, and 39% awarded men. The majority of degree recipients were white (1,549 degrees), 15 times more than then the next closest race/ethnicity group, black or african american (103 degrees).

The median undergraduate tuition at Elon University is $33,829, which is $13,096 more than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at Elon University is $33,829, which is $13,096 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $33,754.

In 2017, 54% of undergraduate students received federal grants, while 28% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$33,829
2017 Undergraduate Tuition

In 2017, the cost of tuition at Elon University was $33,829. The cost of tuition at Elon University is $13,096 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

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Average Net Price

$33,754
2017 Value
1.21%
1 Year Growth

In 2017 Elon University had an average net price — the price paid after factoring in grants and loans — of $33,754. Between 2016 and 2017, the average net price of Elon University grew by 1.21%.

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

$11,495
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at Elon University was of $11,495 in 2017. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board increased by 4.52% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

54%
Of Undergraduates Receive Grants
28%
Of Undergraduates Receive Federal Loans

54% of undergraduate students at Elon University received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 54% 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.
0.998%
2016 Default Rate
9
Number of Defaults

In 2016 the default rate for borrower's at Elon University was 0.998%, which represents 9 out of the 902 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 9,623 undergraduate applications in 2017, which represents a 4.7% annual decline. Out of those 9,623 applicants, 6,402 students were accepted for enrollment, representing a 66.5% acceptance rate.

There were 6,791 students enrolled at Elon University in 2017, and 60% of first-time enrollees submitted SAT scores with their applications.

Elon University has an overall enrollment yield of 24.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

66.5%
Acceptance Rate in 2017
6,402
Accepted Out of 9,623

In 2017, the undergraduate acceptance rate of Elon University was 66.5% (6,402 admissions from 9,623 applications). This is higher than the acceptance rate of 2016, which was 60.4%. Between 2016 and 2017, the number of applicants declined by -4.7%, while admissions grew by 4.9%.

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

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SAT Scores

60%
Submission Percentage
946
Scores Submitted

60% of enrolled first-time students at Elon University in 2017 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 6,791 students. The full-time enrollment at Elon University is 6,539 students and the part-time enrollment is 252. This means that 96.3% of students enrolled at Elon University are enrolled full-time.

The enrolled student population at Elon University, both undergraduate and graduate, is 79% White, 6.2% Black or African American, 6.16% Hispanic or Latino, 3.05% Two or More Races, 2.47% Asian, 0.191% American Indian or Alaska Native, and 0.0147% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Elon University in full-time Undergraduate programs are majority White Female (47.5%), followed by White Male (32.3%) and Hispanic or Latino Female (4.13%). Students enrolled in full-time Graduate programs are majority White Female (44.8%), followed by White Male (28%) and Black or African American Female (8.72%).

Full-Time vs Part-Time Enrollment

96.3%
Full-Time Enrollment

The total enrollment at Elon University, both undergraduate and graduate, is 6,791 students. The full-time enrollment at Elon University is 6,539 and the part-time enrollment is 252. This means that 96.3% of students enrolled at Elon University are enrolled full-time compared with 68.6% 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

89%
2017 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 89%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), 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
    5,364
  2. Black or African American
    421
  3. Hispanic or Latino
    418

The enrolled student population at Elon University is 79% White, 6.2% Black or African American, 6.16% Hispanic or Latino, 3.05% Two or More Races, 2.47% Asian, 0.191% American Indian or Alaska Native, and 0.0147% 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 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 59 students (0.869%) did not report their race.

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Graduates

In 2017, 416 more women than men received degrees from Elon University. The majority of degree recipients at Elon University are white (1,549 degrees awarded). There were 15 times more white graduates than the next closest race/ethnicity group, black or african american (103 degrees).

The most common Bachelor's Degree concentration at Elon University is General Finance (164 degrees awarded), followed by Public Relations, Advertising, & Applied Communication (162 degrees) and General Marketing & Marketing Management (138 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 (302 degrees awarded), Parks, Recreation, & Leisure (118 degrees), and Legal (91 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Elon University are Social workers, all other (170,084 people), Other managers (148,443 people), Elementary & middle school teachers (147,445 people), Lawyers, & judges, magistrates, & other judicial workers (83,467 people), and Customer service representatives (67,958 people).

The most specialized majors at Elon University are Communications (302 degrees awarded), Parks, Recreation, & Leisure (118 degrees), Legal (91 degrees), Public Administration and Social Service (105 degrees), and Philosophy and Religious Studies (16 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 Surgeons, Dentists, Magnetic resonance imaging technologists, Physicians, and Sales engineers

The most specialized majors at Elon University are Communications (302 degrees awarded), Parks, Recreation, & Leisure (118 degrees), Legal (91 degrees), Public Administration and Social Service (105 degrees), and Philosophy and Religious Studies (16 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 (300,597 people), Colleges, universities & professional schools, including junior colleges (202,650 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (166,049 people), Individual & family services (112,314 people), and Computer Systems Design (99,163 people).

The most specialized majors at Elon University are Communications (302 degrees awarded), Parks, Recreation, & Leisure (118 degrees), Legal (91 degrees), Public Administration and Social Service (105 degrees), and Philosophy and Religious Studies (16 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. 164 degree-majorss awarded
  2. 162 degree-majorss awarded
  3. 138 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Elon University was General Finance with 164 degree-majorss 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

Degrees Awarded to Men
  1. 735
  2. 1,151

In 2017, 735 degrees were awarded to men at Elon University, which is 0.639 times less than the number of degrees awarded to females (1,151).

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 2017, 121 degrees were awarded to men at Elon University in General Finance, which is 2.81 times more than the 43 female recipients with that same degree.

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Most Common Female Majors

In 2017, 125 degrees were awarded to women at Elon University in Public Relations, Advertising, & Applied Communication, which is 3.38 times more than the 37 male recipients with that same degree.

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Time to Complete

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

In 2017, 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 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.
American Indian or Alaska Native Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Elon University is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (68.1%).

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, 0.505% of graduates (6 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,549 degrees awarded
  2. Black or African American
    103 degrees awarded
  3. Hispanic or Latino
    99 degrees awarded

The most common race/ethnicity at Elon University is white (1,549 degrees awarded). There were 15 times more white recipients than the next closest race/ethnicity group, black or african american (103 degrees).

1.22% of degree recipients (23 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    941 degrees awarded
  2. White Male
    608 degrees awarded
  3. Hispanic or Latino Female
    64 degrees awarded

The most common race/ethnicity and gender grouping at Elon University is white female (941 degrees awarded). There were 1.55 times more white female recipients than the next closest race/ethnicity group, white male (608 degrees).

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Operations

Elon University has an endowment valued at nearly $230M, as of the end of the 2017 fiscal year. The return on its endowment was of $25.1M (10.9%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Elon University had a total salary expenditure of $227M. Elon University employs 149 Associate professors, 143 Assistant professors, and 77 Professors. Most academics at Elon University are Male Associate professors (75), Female Associate professors(74), and Male Assistant professors (73).

The most common positions for non-instructional staff at Elon University are: Service, with 163 employees, Management, with 133 employees, and Office and Administrative Support with 133 employees.

Finances

Endowment

$230M
2017 Endowment
13.6%
growth from 2016

Elon University has an endowment valued at about $230M, as of the end of the 2017 fiscal year. The endowment of Elon University grew 13.6% from the previous year. The value of their endowment was $197M 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. $1.08M - Federal
  2. $1.33M - State
  3. $0 - Local

As of 2017, Elon University received $1.08M in grants and contracts from the federal government, $1.33M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$93.1M
2017 Salaries
3.77%
growth from 2016

In 2017, Elon University paid a median of $93.1M in salaries, which represents 41.1% of their overall expenditure ($227M) and a 3.77% growth from the previous year. This is compared to a 3.37% decline from 2015 and a 6.95% growth from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

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Instructional Salaries

$36.6M
Instructional Salaries
433
Number of Employees

In 2017, Elon University paid a total of $36.6M to 433 employees working as instructors, which represents 39.3% of all salaries paid.

This is compared to a median of $8.02M (34.2%) for similar Masters Colleges & Universities: Medium Programs.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
149 Employees
Service
Most Common Non-Instructional Employee
163 Employees

In 2017, the most common positions for instructional staff at Elon University were Associate professor with 149 employees; Assistant professor with 143 employees; and Assistant professor with 77 employees.

In 2017, the most common positions for non-instructional staff at Elon University were Service with 163 employees; Management with 133 employees; and Office and Administrative Support with 133 employees.

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Instructors by Academic Rank and Gender

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

In 2017, the most common demographic for instructional staff at Elon University was Male Associate professor with 75 employees, Female Associate professor with 74 employees, and Male Assistant professor with 73 employees.

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

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