Applying For Financial Aid
Applying For Financial Aid
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Email
admissions@elon.edu
Net Price Calculator
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Application Process
Application Deadline
January 10
Award Notification
On a rolling basis beginning February 15
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Institutional Methodology
Forms Required Cost
FAFSA Code is 002927 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Profile of 2020-21 Financial Aid
Profile of 2020-21 Financial Aid
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Freshman
Financial Aid Applicants
1,052 (66.5%) of freshmen
Found to Have Financial Need
594 (56.5%) of applicants
Received Financial Aid
593 (99.8%) of applicants with financial need
Need Fully Met
117 (19.7%) of aid recipients
Average Percent of Need Met
60%
Average Award
$20,721
Need-Based Gift
Received by 505 (85.2%) of aid recipients, average amount $16,240
Need-Based Self-Help
Received by 462 (77.9%) of aid recipients, average amount $4,362
Merit-Based Gift
Received by 356 (60.0%) of aid recipients
491 (31.0%) of freshmen had no financial need and received merit aid, average amount $6,938
All Undergraduates
Financial Aid Applicants
3,041 (50.3%) of undergraduates
Found to Have Financial Need
2,067 (68.0%) of applicants
Received Financial Aid
2,060 (99.7%) of applicants with financial need
Need Fully Met
399 (19.4%) of aid recipients
Average Percent of Need Met
61%
Average Award
$21,710
Need-Based Gift
Received by 1,839 (89.3%) of aid recipients, average amount $16,422
Need-Based Self-Help
Received by 1,609 (78.1%) of aid recipients, average amount $4,945
Merit-Based Gift
Received by 1,196 (58.1%) of aid recipients
1,732 (28.6%) of undergraduates had no financial need and received merit aid, average amount $7,614
All Undergraduates
2018 Graduates Who Took Out Loans
33%
Average Indebtedness of 2018 Graduates
$34,323
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
State Loans
Available
Other Loans
College/University Loans
Private Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Academic scholarships
Creative arts/performance scholarships
Special achievements/activities
Special characteristics (minority
religious affiliation
other scholarships)
Non-Need Awards
Academic Interest/Achievement Award Areas
Biological Sciences
Business
Communication
Computer Science
Education
Engineering/Technologies
Mathematics
Military Science
Physical Sciences
Premedicine
Religion/Biblical Studies
Social Sciences
Number of Awards
3,693
Creative Arts/Performance Award Areas
Applied Art and Design
Journalism/Publications
Music
Performing Arts
Theater/Drama
Number of Awards
226
Special Achievements/Activities Award Areas
Community Service
Leadership
Religious Involvement
Number of Awards
190
Special Characteristics Award Areas
Adult Students
Children of Faculty/Staff
Ethnic Background
First-Generation College Students
International Students
Members of Minorities
Relatives of Clergy
Veterans
Number of Awards
166
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$2,384
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2020-21 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2021 Peterson's LLC. All rights reserved.