No, as a new university, Elton has not yet been accepted into an accreditation association.
However, there are many misconceptions about what this means that are worth explaining here in depth.
In the United States, accreditation means that the university is member of a private, non-governmental organization, sort of like a trade association for higher educational institutions. Membership to these associations is often used as a signal of an institution's quality; however, there is no empirical data suggesting that accreditation does assure or improve the quality of higher educational offerings in any way. This is like if many professional bowlers were in a national bowler's association, but there was no evidence that those bowlers bowled any better than those outside of the association.
Accreditation is an entirely optional private membership that colleges and universities have the option to seek and is not required by law to operate. For instance, Northwestern University's Master's in Journalism deliberately dropped their third-party accreditation and is a leading program in the field (
read more). Much like an architect can choose to seek LEED certification of their environmentally green building, but it is not required to build or operate that building or publicize that the building is environmentally sustainable. An architect might even build a building with a higher sustainability than a LEED certification requires but still not seek a LEED certification because of cost and time commitment.
While Elton has a practical plan to secure accreditation in the coming years, Elton's current self-scrutiny is at least as stringent, or more so, than any existing third-party accreditor would require. Elton's leadership and faculty conduct in-depth program- and institution-level self-studies on a monthly and annual basis. Elton adheres to a rubric of quality measures that are both qualitative and quantitative, taking into account both educational inputs (instructional style, curricular materials, formative assessments, and so on) and educational outputs (career outcomes, graduate and alumni satisfaction, research output, summative assessments, and so on). Elton prides itself on applying proven evidence-based educational research to make our students a success—something that is rare among other colleges. No accreditor currently uses evidence-based standards for assessing school or program quality.
No college or university, whether accredited or not, can guarantee that another school, employer, or institution will recognize their credit or degrees. The acceptance of a degree or transfer credits is entirely up to the recieving institution. Institutions can recognize or reject any program or credit independent of another college's accreditation status. Always check whether certifications of completion of the Elton program with transcripts will work for your goals.