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COLLEGE PROFILE

Lees-McRae College

Banner Elk, NC

TUITION AND EXPENSES

Cost of Attendance$40,236
Tuition and Fees
$24,854
Room and Board
$9,782
Books and Supplies
$1,200
Other Expenses
$4,400
Payment PlansCredit card, installment plan, external finance company

APPLYING FOR FINANCIAL AID

Financial Aid Office
E-mail
Web SiteFinancial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application DeadlinePriority deadline April 15
Award NotificationOn a rolling basis beginning March 1
Methodology for Awarding
Institutional Aid
Federal and Institutional Methodologies
Forms RequiredCost to File
FAFSA
Code is 002923
Free
State Aid Form 

PROFILE OF 2014-15 FINANCIAL AID

Freshmen
Financial Aid Applicants204 (94.4%) of freshmen
Found to Have Financial Need187 (91.7%) of applicants
Received Financial Aid187 (100.0%) of applicants with financial need
Need Fully Met5 (2.7%) of aid recipients
Average Percent of Need Met70%
Average Award$22,790
Need-Based Gift
Received by 187 (100.0%) of aid recipients, average amount $9,840
Need-Based Self-Help
Received by 187 (100.0%) of aid recipients, average amount $4,000
Merit-Based Gift
Received by 187 (100.0%) of aid recipients
Merit-Based Gift18 (8.3%) of freshmen had no financial need and received merit aid, average amount $9,028
All Undergraduates
Financial Aid Applicants781 (84.0%) of undergraduates
Found to Have Financial Need746 (80.2%) of applicants
Received Financial Aid746 (100.0%) of applicants with financial need
Need Fully Met11 (1.5%) of aid recipients
Average Percent of Need Met71%
Average Award$22,736
Need-Based Gift
Average amount $7,487
Need-Based Self-Help
Received by 746 (100.0%) of aid recipients, average amount $5,200
Merit-Based Gift
Received by 746 (100.0%) of aid recipients
Merit-Based Gift125 (13.4%) of undergraduates had no financial need and received merit aid, average amount $17,170
Borrowing
2014 Graduates Who
Took Out Loans
Not reported
Average Indebtedness of
2014 Graduates
Not reported
Parents Borrowing PLUS Loans 
Parents of Students
Receiving Aid
Not reported
Parents of Students Not
Receiving Aid
Not reported

FINANCIAL AID PROGRAMS

Loans
Federal LoansDirect subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State LoansAvailable
Other Loans 
Scholarships and Grants
Need-Based AvailableFederal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based AvailableAcademic scholarships, Music/Drama scholarships, Athletic scholarships, Leadership scholarships, Religious affiliation scholarships
Non-Need Awards
Academic Interest/Achievement
Award Areas
Mathematics, Biological Sciences, Education
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Biological Sciences, Mathematics, Education
Creative Arts/Performance
Award Areas
Dance, Journalism/Publications, Performing Arts, Theater/Drama
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Dance, Theater/Drama, Performing Arts, Journalism/Publications
Special Achievements/Activities
Award Areas
Cheerleading/Drum Major
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Cheerleading/Drum Major
Special Characteristics
Award Areas
Children of Educators, Children of Faculty/Staff, Children with a Deceased or Disabled Parent, International Students, Local/State Students, Previous College Experience, Relatives of Clergy, Religious Affiliation, Veterans
Number of Awards
Not reported
Top Areas (By Money
Awarded)
Children of Faculty/Staff, Children of Educators, Children with a Deceased or Disabled Parent, Relatives of Clergy, Veterans, Local/State Students, Previous College Experience, Religious Affiliation, International Students
Employment
Work-Study ProgramsFederal work study available, other work study available
Average Earnings from
On-Campus Employment
Not reported
College Chances

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College Admissions Tracker

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CLASS OF 2020 Profile of Students on COLLEGEdata
Interested in This College
  GPA SAT ACT
UW W M CR W  
Average 2.98 3.01 405 415 427 20
Low 2.20 2.35 340 270 330 11
High 3.75 4.30 520 530 560 26
YOU ? ? ? ? ? ?
College Net Price Calculator

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A portion of the College Profile data is provided under license by:
Annual Survey of Colleges 2015, copyright © 2015 The College Board. All rights reserved.
Peterson's Undergraduate and Undergraduate Financial Aid Databases,
copyright © 2015 Peterson's, a Nelnet company. All rights reserved.
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