Elon University is committed to providing an exceptional education at a reasonable cost.

A college education is an investment for a lifetime. The university provides an outstanding value in private higher education and maintains its affordable cost through a careful strategy of efficient operation, slow enrollment growth, successful fundraising and excellent strategic planning.

The total annual cost of Elon’s exceptional education is $17,000 below that of most peer private colleges and universities. This cost advantage, along with Elon’s excellent four-year graduation rate, is why Elon is consistently rated a “Best Value” university.

The reasons Elon consistently earns top “best-value” rankings

2021-2022 Cost

$38,725Tuition and Fees
$13,422Room and Board

For federal financial aid purposes, indirect costs including books, transportation, and miscellaneous expenses (set at $3,500) are added to tuition, fees, room, and board to determine Elon University’s official total cost of attendance, which is $52,147 for 2021-2022.

Room and Board figures are based on a standard double room and the All Access Basic meal plan. Total actual costs per student may vary depending upon room and board selections, but aggregate financial aid may not exceed the stated cost of attendance of $52,147.

Financial Aid

Apply early for need-based aid. This improves your chances for getting the maximum aid for which you are eligible.

You should complete and submit all applications and forms no later than mid-January.

Unless the student is a continuing student, no aid is awarded until the student has been accepted for admission to Elon University; however, you should not wait until you have been accepted to apply for aid.

If you are interested in Federal Student Aid, visit Applying for Financial Aid.

Financial Aid questions? Contact us at

To learn more about the billing process or to pay your tuition bill online, visit the Bursar’s Office website.

To learn more about emergency grants available to students through the Higher Education Emergency Relief Fund (HEERF), visit the HEERF Information page on the Bursar’s Office website.