COLLEGE PROFILE
Lees-McRae College
Banner Elk, NC
TUITION AND EXPENSES
| Cost of Attendance | $36,670 |
|---|---|
Tuition and Fees | $23,950 |
Room and Board | $8,500 |
Books and Supplies | $1,000 |
Other Expenses | $3,220 |
| Payment Plans | Credit card, installment plan, external finance company |
APPLYING FOR FINANCIAL AID
| Web Site | Financial Aid Web Site |
|---|---|
| Net Price Calculator URL | Net Price Calculator URL |
| Application Deadline | Priority deadline April 15 |
|---|---|
| Award Notification | On a rolling basis beginning March 1 |
| Methodology for Awarding Institutional Aid | Federal and Institutional Methodologies |
| Forms Required | Cost to File |
|---|---|
| FAFSA Code is 002923 | Free |
| State Aid Form |
PROFILE OF 2011-12 FINANCIAL AID
| Financial Aid Applicants | 186 (89.9%) of freshmen |
|---|---|
| Found to Have Financial Need | 174 (93.5%) of applicants |
| Received Financial Aid | 174 (100.0%) of applicants with financial need |
| Need Fully Met | 4 (2.3%) of aid recipients |
| Average Percent of Need Met | 70% |
| Average Award | $12,550 |
Need-Based Gift | Received by 135 (77.6%) of aid recipients, average amount $9,545 |
Need-Based Self-Help | Received by 174 (100.0%) of aid recipients, average amount $5,200 |
Merit-Based Gift | Received by 163 (93.7%) of aid recipients |
| Merit-Based Gift | 35 (16.9%) of freshmen had no financial need and received merit aid, average amount $8,156 |
| Financial Aid Applicants | 768 (87.0%) of undergraduates |
|---|---|
| Found to Have Financial Need | 680 (77.0%) of applicants |
| Received Financial Aid | 680 (100.0%) of applicants with financial need |
| Need Fully Met | 18 (2.6%) of aid recipients |
| Average Percent of Need Met | 73% |
| Average Award | $12,700 |
Need-Based Gift | Received by 492 (72.4%) of aid recipients, average amount $9,700 |
Need-Based Self-Help | Received by 680 (100.0%) of aid recipients, average amount $6,500 |
Merit-Based Gift | Received by 680 (100.0%) of aid recipients |
| Merit-Based Gift | 47 (5.3%) of undergraduates had no financial need and received merit aid, average amount $7,178 |
| 2011 Graduates Who Took Out Loans | Not reported |
|---|---|
| Average Indebtedness of 2011 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
| Federal Loans | Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans |
|---|---|
| State Loans | Available |
| Other Loans | College/university loans |
| Need-Based Available | Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships |
|---|---|
| Non-NeedBased Available | Academic scholarships, Music/Drama scholarships, Athletic scholarships, State scholarships, Leadership scholarships, Religious affiliation scholarships |
| Academic Interest/Achievement Award Areas | Biological Sciences, Education, Mathematics |
|---|---|
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 |
| Work-Study Programs | Federal work study available, other work study available |
|---|---|
| Average Earnings from On-Campus Employment | Not reported |
A portion of the College Profile data is provided under license by:
Annual Survey of Colleges 2012, copyright © 2012 The College Board. All rights reserved.
Peterson's Undergraduate and Undergraduate Financial Aid Databases,
copyright © 2012 Peterson's, a Nelnet company. All rights reserved.
Annual Survey of Colleges 2012, copyright © 2012 The College Board. All rights reserved.
Peterson's Undergraduate and Undergraduate Financial Aid Databases,
copyright © 2012 Peterson's, a Nelnet company. All rights reserved.
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