Lees-McRae College
Banner Elk, NCPrivate nonprofitRank 748 of 1,732Traditional rank 504 of 1,156
Freshman grant vs later years
Average grant per recipient, IPEDS SFA 2022-23.
Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.
Average net price by family income (2022-23)
| Family income | Avg net price |
|---|---|
| $0–30k | $18,829 |
| $30–48k | $21,139 |
| $48–75k | $20,899 |
| $75–110k | $26,761 |
| $110k+ | $29,115 |
First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.
Published cost (IPEDS)
| Tuition and fees (in-state), 2022-23 | $28,840 |
| Tuition and fees (in-state), 2023-24 | $31,140 |
| Change | $2,300 (+8.0%) |
| On-campus room and board, 2023-24 | $13,730 |
Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.
Tuition and fees trend
Published tuition and required fees, +20.3% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.
Average net price trend
Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.
Outcomes and aid profile
| Bachelor's graduation rate within 6 years | 44% |
| Full-time freshman retention (return for year 2) | 62% |
| Freshmen receiving Pell Grants | 28% |
| Freshmen taking federal loans | 91% |
| Average federal loan (freshmen who borrow) | $5,800 |
| Aid drop one year earlier (2021-22) | $2,166 |
Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.
Compare with other colleges Compare with the two most similar
More: all NC colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports
Similar colleges
| College | Freshman grant | Drop |
|---|---|---|
| Montreat College | $19,528 | $686 |
| Brevard College | $18,517 | −$8,750 |
| St. Andrews University | $18,206 | $1,000 |
| High Point University | $18,149 | −$9,772 |
| Chowan University | $22,026 | $1,830 |
Same state and control, closest average freshman grant. All colleges in this state.
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