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Lees-McRae College

Last updated: 2024 BLS data · Page refreshed:

Banner Elk, North Carolina 28604
Data updated 2024 · Source: U.S. Department of Education College Scorecard
Private Nonprofit Bachelor's Rural: Distant
76.8%
Acceptance Rate
$33,250
In-State Tuition
$43,415
Earnings (10yr)
43.1%
Graduation Rate

Admissions

76.8%
accepted

Lees-McRae College accepted 76.8% of applicants, making it Open Admission.

Test Scores

Test 25th Percentile Midpoint 75th Percentile
SAT Total 1140
SAT Reading 590
SAT Math 550
ACT Composite 23

Costs & Financial Aid

Tuition at Lees-McRae College is $33,250. After financial aid, the average net price is $28,340. About 37.3% of students receive Pell Grants.

$33,250
Tuition
$28,340
Avg Net Price
Cost Category Amount
Tuition & Fees$33,250
Room & Board (On Campus)$15,200
Books & Supplies$600
Total Cost of Attendance$49,498
Average Net Price (After Aid)$28,340
Students Receiving Pell Grants37.3%
Students Taking Federal Loans59.4%

Outcomes & Earnings

Graduates of Lees-McRae College earn a median salary of $43,415 ten years after enrollment. The graduation rate is 43.1%. Median student debt at graduation is $17,375, with an estimated monthly loan payment of $184.

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Lees-McRae College — graduate earnings curve (College Scorecard 2024)Line chart showing 3 data points.$45K$34K$22K$11K$06 yr8 yr10 yr6 yr: $41,599$41,5998 yr: $44,802$44,80210 yr: $43,415$43,415

Earnings After Enrollment

$41,599
6 Years
$44,802
8 Years
$43,415
10 Years
43.1%
Graduation Rate
68.8%
Freshman Retention
$17,375
Median Debt
Outcome Metric Value
Median Earnings (6 Years After)$41,599/yr
Median Earnings (8 Years After)$44,802/yr
Median Earnings (10 Years After)$43,415/yr
Graduation Rate (4-Year)43.1%
Freshman Retention Rate68.8%
Median Student Debt$17,375
Est. Monthly Loan Payment (10yr)$184/mo
3-Year Repayment Rate55.3%

Student Body

Lees-McRae College has 873 undergraduate students. The student body is 66.7% female. About 40.1% are first-generation college students. The average age at entry is 25.2.

Demographics

White
56.5%
Black
6.9%
Non-Resident
4.9%
Hispanic
4.7%
Asian
1.5%
Two or More
1.1%
Student Metric Value
Total Undergraduates873
Female Students66.7%
First-Generation Students40.1%
Average Age at Entry25.2
Students Over 2513.0%

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Frequently Asked Questions

What is the acceptance rate at Lees-McRae College?
The acceptance rate at Lees-McRae College is 76.8%, making it open admission. This means that for every 100 applicants, approximately 76 are admitted.
How much does it cost to attend Lees-McRae College?
In-state tuition at Lees-McRae College is $33,250. After financial aid, the average net price is $28,340.
What is the average salary after graduating from Lees-McRae College?
Graduates of Lees-McRae College earn a median salary of $43,415 per year, measured 10 years after enrollment. At 6 years after enrollment, the median is $41,599.
What is the graduation rate at Lees-McRae College?
The graduation rate at Lees-McRae College is 43.1%. The freshman retention rate is 68.8%, which measures how many first-year students return for their second year.
How many students attend Lees-McRae College?
Lees-McRae College has 873 undergraduate students. The student body is 66.7% female. About 40.1% are first-generation college students.

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