The Newcastle goalkeeper will miss Euro 2016 and the start of next season with a cruciate ligament injury.
The Republic of Ireland man had impressed for the Magpies in the absence of injured first-choice stopper Tim Krul before his own season was cut short by an anterior cruciate ligament injury in March.
That was a huge blow for the 30-year-old, who was enjoying his most successful run in the Newcastle side to date, and one which was made even harder to take as it ruled him out of Ireland's Euro 2016 campaign.
Elliot is so desperate to return to action as quickly as possible that he confirmed he will not be taking a summer break, instead choosing to focus his efforts on rehabilitation every day at the club's training ground on his own.
He is hoping those efforts will pay dividend by allowing him to get back to full fitness as soon as possible, and he confirmed he is tentatively aiming to be back in full training by September.
Elliot told the club's website: "I'm in almost every day, getting fit again. The training ground is a lonely place. Tim [Krul] is also around but he's a bit ahead of me in his rehab. It is tough but I'm working with great physios and hopefully it will make me stronger and get me back quicker.
"I would rather be back at St. James' Park playing than anywhere in the world on holiday. I will sacrifice anything to make sure that happens and work so hard to get back as soon as possible. If missing a couple of holidays will mean I'm back two or three weeks earlier, then it will be worth it.
"Now I'm off the crutches and have seen the surgeon, who gave me the all-clear, I can really start progressing, which is massive for me. I will be getting ready to hopefully be back in training in September or October."
It will be interesting to see who establishes themselves as Newcastle's number one goalkeeper in the Championship next season after both Elliot and Karl Darlow impressed during their respective chances in the spotlight.
Krul has been linked with a surprise move to AC Milan whilst teenage stopper Freddie Woodman is targeting more involvement next term, but Elliot will be desperate to return to action as soon as possible to stake his own claim.