- The Inkwell
- North Carolina
- Lees-McRae College
Banner Elk, NCRural: distantZIP 28604Founded 1900
- Sector
- Private nonprofit
- Founded
- 1900
- Carnegie class
- Baccalaureate: diverse fields
- Highest degree
- Graduate degree
- Federal aid since
- 1988
- Website
- www.lmc.edu
- Member of
- ACA
North CarolinaReligious affiliationPrivate nonprofit
Lees-McRae College
Lees-McRae College is a private nonprofit college in Banner Elk, North Carolina, with 873 undergraduates. It admits 77% of applicants, graduates 47% within six years and costs $28,253 a year after aid.
47%graduate
Admission rate77%
Retention69%
4-year graduation41%
Pell Grant share46%
Federal loans66%
$28,253net price / year
77%admission rate
—average SAT
47%graduate in 6 years
$52,058median earnings, 10 yrs
$16,500median debt
#1,167 of 1,704 for earnings#1,394 of 1,739 for lowest net price#1,158 of 1,738 for graduation rate#760 of 1,552 for selectivity
what it costs
Cost and net price
Net price is the average annual cost after grants and scholarships for full-time students who receive federal aid; it varies with family income.
Published cost
- Cost of attendance
- $53,853tuition, fees, housing, books, per year
- Tuition & fees, in-state
- $34,770
- Tuition & fees, out-of-state
- $34,770
- Average net price
- $28,253national median $19,980
Net price by family income
$0–30,000$23,424
$30,001–48,000$21,588
$48,001–75,000$23,599
$75,001–110,000$28,496
$110,001+$36,307
getting in
Admissions and test scores
Admission
- Admission rate
- 77%national median 77%
- Average SAT
- —
- SAT reading, middle 50%
- —
- SAT math, middle 50%
- —
- ACT composite, middle 50%
- —
Against the national median
Admission rate · this college77%
Admission rate · U.S. median77%
Retention · this college69%
Retention · U.S. median76%
Graduation · this college47%
Graduation · U.S. median55%
Pell share · this college46%
Pell share · U.S. median39%
after enrolling
Graduation, earnings and debt
Completion
- Graduation rate, 6 years
- 47%within 150% of normal time
- Graduation rate, 4 years
- 41%
- First-year retention
- 69%
- Award within 8 years, all students
- 61%
Earnings and debt
- Median earnings, 6 years after entry
- $44,401
- Median earnings, 10 years after entry
- $52,058middle 50%: $37,469–$73,500
- Median debt at graduation
- $16,500
- 3-year loan default rate
- 0%
Earnings ten years after entry
Upper quarter$73,500
Median, Lees-McRae College$52,058
Lower quarter$37,469
U.S. median, all colleges$58,886
Former students working and not enrolled · College Scorecard
who studies here
Students and faculty
Undergraduates
- Degree-seeking undergraduates
- 873
- Part-time
- 2.1%
- Women / men
- 67% / 33%
- Average age at entry
- 25.2
- First-generation students
- 40%
- Pell Grant recipients
- 46%
Faculty and resources
- Student-to-faculty ratio
- 11 : 1
- Full-time faculty
- 50%
- Average faculty salary
- $6,116 / month
- Instructional spending per student
- $7,880
- Endowment, end of year
- $39,747,164
Race and ethnicity, undergraduates
White56%
Hispanic4.7%
Black6.9%
Asian1.5%
Two or more races1.1%
U.S. nonresident4.9%
American Indian / Alaska Native0.8%
Native Hawaiian / Pacific Islander0.2%
Unknown23%
13 fields of study
Most popular fields
Share of bachelor’s degrees awarded, by broad field (CIP family).
Biological & biomedical sciences27%
Business & management13%
Education13%
Parks, recreation & fitness12%
Public administration & social service10%
Homeland security, law enforcement & firefighting9.8%
Agriculture5.9%
Psychology4.3%
keep comparing
Similar colleges
Private nonprofit colleges in North Carolina
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| Shaw University Raleigh, NC | $24,242 | 20% | $38,822 |
| Livingstone College Salisbury, NC | $10,838 | 20% | $38,502 |
| Brevard College Brevard, NC | $25,617 | 40% | $49,182 |
| Barton College Wilson, NC | $24,367 | 47% | $52,876 |
| Montreat College Montreat, NC | $25,095 | 43% | $53,114 |
| Guilford College Greensboro, NC | $22,813 | 43% | $52,803 |
Same Carnegie class, similar price
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| Wilmington College Wilmington, OH | $28,567 | 48% | $54,378 |
| McPherson College McPherson, KS | $28,431 | 43% | $51,560 |
| Life Pacific University San Dimas, CA | $26,892 | 49% | $43,561 |
| Blackburn College Carlinville, IL | $25,577 | 45% | $48,794 |
| Blue Mountain Christian University Blue Mountain, MS | $26,306 | 42% | $42,093 |
| Defiance College Defiance, OH | $27,873 | 36% | $50,327 |
Source: College Scorecard, U.S. Department of Education — institution file, most recent cohorts. UNITID 198808. Founding year, motto and memberships: Wikidata Q6516492.