Tuition & Financial Aid
Cost of an Elon MSBA
One of the major benefits is the reasonable cost of an MSBA at Elon. Elon offers payment plans and federal student financial aid. Some employers might assist with tuition benefits for an MSBA program. Find out what options work best for you.
The tuition rate for the 2026-2027 academic year is $1,308 per credit hour. Other than tuition, there are very few expenses Elon MSBA students will have to pay. Students will need to purchase books, but that cost varies per class. There is also a $10 parking permit fee. Additionally, if a student decides to study abroad, they will need to cover their portion of the trip.
Financing your Elon MSBA
There are may ways to finance the cost of an MSBA at Elon. Planning ahead and seeking out sources is important. Below are some ways to help plan for the cost of an MSBA at Elon.
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Payment Plans
Elon offers a deferred payment plan option to help with the cost of an MSBA. For more information on payment options or to learn more about payment plans, visit the Bursar’s office website.
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Employer Tuition Benefits
Some companies recognize that advanced education is an excellent investment and might pay all or part of an employee’s expenses toward the cost of an MSBA. Check with your employer about any potential education tuition benefits to help with the cost of an MSBA.
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Federal Student Financial Aid
If you intend to apply for any federal financing, we encourage you to submit your FAFSA at the time you apply for admission. Below is more detailed information about the loan options available to Elon students to help with the cost of an MSBA.
Financial Aid
Federal Unsubsidized Loan
The primary source of financial assistance for physical therapy students attending Elon University is the Federal Unsubsidized Student Loan Program. Graduate students may borrow up to $20,500 through the Unsubsidized Loan program.
An unsubsidized loan is not awarded on the basis of need. The student is charged interest from the time the loan is disbursed until it is paid in full. If the interest is allowed to accumulate, it will be capitalized – that is, the interest will be added to the principal amount of the loan and will increase the amount the borrower will have to repay. If the choice is made to pay the interest as it accumulates, the total interest charges paid during repayment will be considerably less. The maximum unsubsidized loan for graduate and professional study is $20,500 per year.
The total amount a graduate or professional student may borrow from all loans combined is $100,000, not including undergraduate debt.
Under current law, the fixed interest rate charged on Federal Unsubsidized Loan is set each year by the Department of Education at the beginning of July. There are also small origination and guarantee fees associated with each loan these fees are deducted up front and thus lower the actual amount of each disbursement.
Repayment of the Unsubsidized Loan begins six months after graduation or withdrawal from the MSBA Program. This is called the grace period. During the grace period on an Unsubsidized loan, no payment of any principal is due.
The Federal Unsubsidized Loan is disbursed in two payments: one at the start of the academic term and one at the midpoint of the term. The loan funds will be sent to the university in equal disbursements.
For more information, visit elon.edu/finaidborrow. First-time borrowers are required to complete student loan entrance counseling and a Master Promissory Note, which are available at studentaid.gov.
How to Apply for Student Loans
- Complete and submit to the Office of Financial Aid the Graduate Financial Aid Application in your student application portal.
- Complete and submit electronically the Free Application for Federal Student Aid (FAFSA). Elon’s Federal Title IV School Code is 002927.
For additional information, please contact Lynette Lorenzetti in Elon’s Office of Financial Aid at lorenzet@elon.edu, (336) 278-7640.