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Elon has never favored the “high price, high discount” model found at other top private universities.

We understand that the cost of a college education is daunting for most families, so we have adopted three strategies that favor students and consistently earn top “best-value” rankings for the university.

An accessible total price

With a lower price than most peer institutions, Elon effectively gives every student a substantial up-front scholarship.

2025-26 Tuition, fees, food & housing published rates for peer private universities:
Average cost of peer private universities $85,615
appٷվ $65,663
Boston College $93,514
Tulane University $91,628
Bucknell University $91,136
Smith College $90,808
Wake Forest University $89,386
Georgetown University $89,258
Syracuse University $88,185
Northeastern University $87,450
Davidson College $87,115
Rice University $87,047
Chapman University $86,312
Lehigh University $86,100
University of Notre Dame $86,045
University of Richmond $85,850
Fordham University $83,449
American University $83,052
Santa Clara University $82,959
University of Denver $81,839
Furman University $78,608
Southern Methodist University $74,298
Gonzaga University $73,870

The four-year advantage

appٷվ’s graduation and retention rates rank it among the best U.S. News National Universities, with 89% of first-year students returning for their sophomore year.

appٷվ four-year graduation rate is 78%. A well-managed class schedule allows students to get the courses they need, and credits from the one-month Winter Term, included in the cost of fall tuition, help ensure an on-time graduation.

Using tuition to fund what’s most important: Learning

The average private college uses more than 50% of total tuition revenue to fund financial aid. This tuition discount practice has forced many schools into budgetary crisis.

Elon takes a different approach. With more reasonable costs for tuition, room and board, there is less demand to discount tuition. As a result, appٷվ is better positioned to use tuition dollars to fund innovative academic programs and student services.

appٷվ is $16,000 less than the average cost of other private schools to which our students also apply.