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Lees-McRae College
Banner Elk, NC
Private Nonprofit
Rural Setting
Less Selective (77% acceptance rate)
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Key Facts
77%
Accept Rate
$28,340
Avg. Net Cost
873
Small Campus
$41,599
Median Salary
43%
Graduation Rate
4-Year completion
69%
Retention Rate
Return after 1st year
40%
First-Gen Students
First in family
37%
Pell Grant Aid
Receive Federal Grants
Admissions
77%
Acceptance Rate
Less Selective
Cost & Financial Aid
Average Cost (After Aid)
$28,340
In-State Tuition
$33,250
Out-of-State Tuition
$33,250
Net price reflects average cost after financial aid
Popular Programs
Business & Marketing
10%
Health Sciences
3%
Financial Aid & Affordability
37%
Pell Grants
59%
Take Loans
570%
3yr Repayment
Pell Grant Recipients:
Percentage of students receiving federal Pell Grants (need-based aid)
Federal Loan Rate:
Share of students who take out federal loans
3-Year Repayment:
Rate of borrowers making progress on loan repayment
Student Outcomes
43%
Graduation Rate
4-Year completion
69%
Retention Rate
1st Year
Earnings After Graduation
$41,599
6 Years After
$43,415
10 Years After
Campus & Student Life
873
Students
Rural
Setting
Student Profile
Gender Distribution
Men: 33%
Women: 67%
40%
First-Gen Students
2%
Part-Time Students
Avg. Family Income
$53,939
Racial/Ethnic Diversity
White: 56%
Other: 29%
Black: 7%
Hispanic: 5%
Asian: 1%
At a Glance
Institution Type
Private Nonprofit
Primary Degree
Bachelor's
Location
Banner Elk, NC
Setting
Rural
Campus Size
Small
Selectivity
Less Selective
Online Only
No
Classification
Four-year, very small, primarily nonresidential
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