Lees-McRae College
Private nonprofit, 4-year
191 Main Street, Banner Elk, NC 28604
Quick Facts
817
Total Enrollment
81%
Acceptance Rate
44%
Graduation Rate
$41,599
Median Earnings (6yr)
$31,140
In-State Tuition
$25,765
Avg Net Price
10:1
Student-Faculty Ratio
About Lees-McRae College
Institution Details
| Type | Private nonprofit, 4-year |
| Classification | Baccalaureate Colleges: Diverse Fields |
| Size | Under 1,000 |
| Accreditation | Southern Association of Colleges and Schools Commission on Colleges |
| Primary Degree | Bachelor's |
| Highest Degree | Bachelor's |
Location
| Address | 191 Main Street |
| City | Banner Elk, NC |
| ZIP Code | 28604 |
| County | Avery County |
Special Designations
President/Chief Administrator: Herbert L. King (President)
Programs & Degrees
Degree information not available.
Top Programs by Graduates
Admissions
Enrollment Statistics
| Total Enrollment | 817 |
Student Demographics
| Female | 67% |
| Male | 33% |
Race/Ethnicity
| White | 74.1% |
| Black | 8.3% |
| Hispanic | 5.3% |
| Asian | 1.7% |
| American Indian/Alaska Native | 0.9% |
| Native Hawaiian/Pacific Islander | 0.2% |
| Two or More Races | 1.5% |
| Non-Resident Alien | 4.0% |
| Unknown | 4.0% |
Student Characteristics
| Age 25 and Older | 13.0% |
| Part-Time Students | 2.7% |
Tuition & Financial Aid
$31,140
In-State Tuition
$31,140
Out-of-State Tuition
$45,886
Total Cost of Attendance
$25,765
Avg. Net Price
Financial Aid Statistics
| Students Receiving Pell Grants | 37% |
| Students with Federal Loans | 87% |
| Students Receiving Any Aid | 37% |
Student Debt & Repayment
| Median Debt at Graduation | $17,375 |
| Median Total Debt | $12,000 |
| 90th Percentile Debt | $27,000 |
| 3-Year Repayment Rate | 55% |
Net Price by Family Income
What families actually pay after grants and scholarships:
| $0 - $30,000 | $18,829 |
| $30,001 - $48,000 | $21,139 |
| $48,001 - $75,000 | $20,899 |
| $75,001 - $110,000 | $26,761 |
| $110,001+ | $29,115 |
Earnings After Graduation
Median earnings for students who received federal financial aid:
$41,599
6 Years After
$44,802
8 Years After
$43,415
10 Years After
Earnings Range (6 years after enrollment):
25th percentile: $26,327 | 75th percentile: $60,199
Earnings by Family Income Background
$33,115
Low Income
$41,921
Middle Income
$50,568
High Income
Student Outcomes
62%
Full-Time Retention
44%
Graduation Rate
Institutional Resources
10:1
Student-Faculty Ratio
$5,630
Avg. Faculty Salary
(monthly)
$7,637
Instructional Expenditure
(per student)
Quick Navigation
Contact Information
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