Elon University

www.elon.edu/

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2020 Undergraduate Tuition

$37,414

3.69% growth from 2019

2020 Average Net Price

$39,401

After Financial Aid

2018 Student Loan

1.21%

Default Rate

2020 Acceptance Rate

71.7%

15,306 Applicants

2020 Enrolled Students

7,117

95.8% Full-Time

2020 Graduation Rate

82.8%

1,239 Graduates

About

Elon University is a higher education institution located in Alamance County, NC. In 2020, the most popular Bachelor's Degree concentrations at Elon University were General Finance (178 degrees awarded), Public Relations, Advertising, & Applied Communication (172 degrees), and General Marketing & Marketing Management (147 degrees).

In 2020, 2,028 degrees were awarded across all undergraduate and graduate programs at Elon University. 63.1% of these degrees were awarded to women, and 36.9% awarded men. The most common race/ethnicity group of degree recipients was white (1,570 degrees), 11.6 times more than then the next closest race/ethnicity group, hispanic or latino (135 degrees).

The median undergraduate tuition at Elon University is $37,414, which is $14,884 more than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Elon University is $37,414, which is $14,884 more than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $39,401.

In 2020, 62% of undergraduate students attending Elon University received financial aid through grants. Comparatively, 27% of undergraduate students received financial aid through loans.

Tuition Costs

$37,414

2020 Undergraduate Tuition

In 2020, the cost of tuition at Elon University was $37,414. The cost of tuition at Elon University is $14,884 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

Average Net Price

$39,401

2020 Value

7.76%

1 Year Growth

In 2020 Elon University had an average net price — the price paid after factoring in grants and loans — of $39,401. Between 2019 and 2020, the average net price of Elon University grew by 7.76%.

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.

Other Student Expenses

$12,685

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Elon University was of $12,685 in 2020. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board increased by 3.72% between 2019 and 2020. 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.

Financial Aid by Income Level

62%

Undergraduates Receiving Financial Aid through Grants

27%

Undergraduates Receiving Financial Aid through Loans

62% of undergraduate students at Elon University received financial aid through grants or loans in 2020. This represents a growth of 6.9% with respect to 2019, when 58% 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.

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.

1.21%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Elon University was 1.21%, which represents 12 out of the 993 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.

Admissions

Elon University received 15,306 undergraduate applications in 2020, which represents a 45.8% annual growth. Out of those 15,306 applicants, 10,975 students were accepted for enrollment, representing a 71.7% acceptance rate.

There were 7,117 students enrolled at Elon University in 2020, and 66% of first-time enrollees submitted SAT scores with their applications.

Elon University has an overall enrollment yield of 14.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.7%

Acceptance Rate in 2020

10,975

Accepted Out of 15,306

In 2020, the undergraduate acceptance rate of Elon University was 71.7% (10,975 admissions from 15,306 applications). This is lower than the acceptance rate of 2019, which was 78.4%. Between 2019 and 2020, the number of applicants grew by 45.8%, while admissions grew by 33.3%.

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

SAT Scores

66%

Submission Percentage

1,048

Scores Submitted

66% of enrolled first-time students at Elon University in 2020 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.

Enrollment

Elon University has a total enrollment of 7,117 students. The full-time enrollment at Elon University is 6,818 students and the part-time enrollment is 299. This means that 95.8% of students enrolled at Elon University are enrolled full-time.

The enrolled student population at Elon University, both undergraduate and graduate, is 78.5% White, 6.79% Black or African American, 6.49% Hispanic or Latino, 2.71% Two or More Races, 2.18% Asian, 0.169% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Elon University in full-time Undergraduate programs are most commonly White Female (48.5%), followed by White Male (31.7%) and Hispanic or Latino Female (3.66%). Students enrolled in full-time Graduate programs are most commonly White Female (42.1%), followed by White Male (26.8%) and Black or African American Female (10.2%).

Full-Time vs Part-Time Enrollment

95.8%

Full-Time Enrollment

The total enrollment at Elon University, both undergraduate and graduate, is 7,117 students. The full-time enrollment at Elon University is 6,818 and the part-time enrollment is 299. This means that 95.8% of students enrolled at Elon University are enrolled full-time compared with 68.8% 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.

Retention Rate over Time

90%

2020 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 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
5,584
Black or African American
483
Hispanic or Latino
462

The enrolled student population at Elon University is 78.5% White, 6.79% Black or African American, 6.49% Hispanic or Latino, 2.71% Two or More Races, 2.18% Asian, 0.169% American Indian or Alaska Native, and 0% 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 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 99 students (1.39%) did not report their race.

Graduates

In 2020, 532 more women than men received degrees from Elon University. The most common race/ethnicity group of degree recipients at Elon University is white (1,570 degrees awarded). There were 11.6 times more white graduates than the next closest race/ethnicity group, hispanic or latino (135 degrees).

The most common Bachelor's Degree concentration at Elon University is General Finance (178 degrees awarded), followed by Public Relations, Advertising, & Applied Communication (172 degrees) and General Marketing & Marketing Management (147 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 (353 degrees awarded), Legal (108 degrees), and Communication Technologies (17 degrees).

Common Jobs by Major

Other managers

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 (165,920 people), Elementary & middle school teachers (156,036 people), Lawyers, & judges, magistrates, & other judicial workers (143,615 people), Marketing managers (70,638 people), and Customer service representatives (70,365 people).

The most specialized majors at Elon University are Communications (353 degrees awarded), Legal (108 degrees), Communication Technologies (17 degrees), Parks, Recreation, & Leisure (70 degrees), and History (28 degrees).

Highest Paying Jobs by Major

Nuclear medicine technologists and medical dosimetrists

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 Nuclear medicine technologists and medical dosimetrists, Surgeons, Clinical and counseling psychologists, Computer hardware engineers, and Entertainers & performers, sports & related workers, all other

Common Industries by Major

Elementary & secondary schools

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 (341,446 people), Colleges, universities & professional schools, including junior colleges (213,730 people), Legal services (130,940 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (129,062 people), and Computer Systems Design (116,697 people).

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

General Finance
178 degree-majorss awarded
Public Relations, Advertising, & Applied Communication
172 degree-majorss awarded
General Marketing & Marketing Management
147 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Elon University was General Finance with 178 degrees awarded.

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

Sex Breakdown for Common Majors

748

Degrees Awarded to Men

in 2020

1,280

Degrees Awarded to Women

in 2020

In 2020, 748 degrees were awarded to men at Elon University, which is 0.584 times less than the number of degrees awarded to females (1,280).

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

Most Common Male Majors

In 2020, 119 degrees were awarded to men at Elon University in General Finance, which is 2.02 times more than the 59 female recipients with that same degree.

Most Common Female Majors

In 2020, 148 degrees were awarded to women at Elon University in Public Relations, Advertising, & Applied Communication, which is 6.17 times more than the 24 male recipients with that same degree.

Time to Complete

78%

100% Completion Time

83%

150% Completion Time

In 2020, 78% 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 83% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (94.3%)

The student demographic with the highest graduation rate at Elon University is Male and Hispanic or Latino (94.3% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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, 0.646% of graduates (8 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
1,570 degrees awarded
Hispanic or Latino
135 degrees awarded
Black or African American
131 degrees awarded

The most common race/ethnicity at Elon University is white (1,570 degrees awarded). There were 11.6 times more white recipients than the next closest race/ethnicity group, hispanic or latino (135 degrees).

0.641% of degree recipients (13 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
964 degrees awarded
White Male
606 degrees awarded
Hispanic or Latino Female
101 degrees awarded

The most common race/ethnicity and sex grouping at Elon University is white female (964 degrees awarded). There were 1.59 times more white female recipients than the next closest race/ethnicity group, white male (606 degrees).

Operations

Elon University has an endowment valued at nearly $259M, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNM (−3.78%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Elon University had a total salary expenditure of $254M. Elon University employs 150 Associate professors, 150 Assistant professors, and 87 Professors. Most academics at Elon University are Female Assistant professors (78), Male Associate professors(76), and Female Associate professors (74).

The most common positions for non-instructional staff at Elon University are: Service, with 168 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 144 employees, and Management with 131 employees.

Endowment

$259M

2020 Endowment

3.99%

decline from 2019

Elon University has an endowment valued at about $259M, as of the end of the 2020 fiscal year. The endowment of Elon University declined 3.99% from the previous year. The value of their endowment was $220M 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.

Government Grants and Contracts

Grants & Contracts

$2.37M - Federal
$1.88M - State
$0 - Local

As of 2020, Elon University received $2.37M in grants and contracts from the federal government, $1.88M from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$106M

2020 Salaries

3.63%

growth from 2019

In 2020, Elon University paid a median of $106M in salaries, which represents 41.7% of their overall expenditure ($254M) and a 3.63% growth from the previous year. This is compared to a 4.49% growth from 2018 and a 4.84% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

Instructional Salaries

$38.5M

Instructional Salaries

447

Number of Employees

In 2020, Elon University paid a total of $38.5M to 447 employees working as instructors, which represents 36.4% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

150 Employees

Service

Most Common Non-Instructional Employee

168 Employees

In 2020, the most common positions for instructional staff at Elon University were Associate professor with 150 employees; Assistant professor with 150 employees; and Assistant professor with 87 employees.

In 2020, the most common positions for non-instructional staff at Elon University were Service with 168 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 144 employees; and Management with 131 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Assistant professor
Male Associate professor
Female Associate professor

In 2020, the most common demographic for instructional staff at Elon University was Female Assistant professor with 78 employees, Male Associate professor with 76 employees, and Female Associate professor with 74 employees.

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