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Banner Elk, North Carolina

Lees-McRae College Tuition, Fees, Net Price and Financial Aid

Review Lees-McRae College tuition, fees, average net price after aid, attendance cost, financial aid signals and student outcomes from the local College Scorecard and IPEDS-derived dataset.

Out-of-state tuition

$31,140

Average net price after aid

$25,765

Total attendance cost

$45,886

Table of Contents

Lees-McRae College In-State vs Out-of-State Tuition Fees, Costs 2026

Use these cost cards as the first-pass money view before checking the detailed breakdown and official resources.

In-state tuition

$31,140

Out-of-state tuition

$31,140

Average net price

$25,765

Attendance cost

$45,886

Lees-McRae College Estimated Per-Semester Cost

Many tuition guides break annual costs into fall and spring estimates. The values below divide reported annual College Scorecard cost fields by two, so use them as planning estimates and verify the actual billing schedule with Lees-McRae College.

Tuition

Per semester: $15,570

Annual: $31,140

Room and board

Per semester: $6,865

Annual: $13,730

Books and supplies

Per semester: $300

Annual: $600

Other on-campus expenses

Per semester: $2,210

Annual: $4,420

Attendance cost

Per semester: $22,943

Annual: $45,886

Lees-McRae College Estimated Four-Year Cost

The estimates below multiply current reported annual values by four. They do not include future tuition increases, changes in housing, program fees, financial aid changes or personal expenses.

Four-year tuition estimate

$124,560

Four-year attendance estimate

$183,544

Four-year average net price

$103,060

In-State vs Out-of-State Tuition

Lees-McRae College is listed as Private nonprofit in the local dataset. In-state tuition is $31,140 and out-of-state tuition is $31,140. The reported in-state and out-of-state tuition values match in this dataset.

International Student and Private College Tuition Note

The local database lists Lees-McRae College as Private nonprofit. Private colleges commonly report one tuition rate rather than separate resident and nonresident rates. In this dataset, Lees-McRae College reports $31,140 for out-of-state tuition and $31,140 for in-state tuition. International student billing, visa expenses, health insurance and aid eligibility should be verified directly with the school.

Room and Board / Total Attendance Cost

Separate mandatory fee data is not available in the local College Scorecard-derived table; use tuition, room/board, books, other expenses and attendance cost as the supported cost components.

Room and board, on campus

$13,730

Housing and meal estimate where reported.

Room and board, off campus

$13,730

Off-campus living estimate where reported.

Books and supplies

$600

Academic supply estimate.

Other expenses, on campus

$4,420

Personal and miscellaneous estimate.

Total attendance cost

$45,886

Use as the sticker-price baseline before aid.

Average Net Price After Aid

Based on available data, the average student at Lees-McRae College pays approximately $25,765 per year after grants and aid. This is above the North Carolina average of $14,661 and above the national average of $17,506.

Acceptance Rate and Outcomes

Acceptance Rate

80.75%

SAT Average

Not available

ACT Range

Not available

Lees-McRae College Acceptance Rate Trend

The current College Scorecard value in this local dataset is 80.75%. This means approximately 808 applicants were admitted per 1,000 who applied, based on the local dataset enrollment of 817 undergraduates. Historical year-by-year acceptance rate data will appear here after multi-year College Scorecard releases are imported.

Current dataset

80.75%

Current trend marker with historical import pending

Earlier releases Current

Tuition and Cost Breakdown

Accreditation

Southern Association of Colleges and Schools Commission on Colleges

Institutional accreditor where reported.

In-state tuition

$31,140

National avg: $20,567

Out-of-state tuition

$31,140

National avg: $20,567

Attendance cost

$45,886

Use with aid and net price.

Average net price

$25,765

State avg: $14,661. National avg: $17,506.

Pell grant rate

37.43%

Federal need-based grant indicator.

Federal loan rate

86.55%

Share using federal loans.

What Does Lees-McRae College Cost?

Total cost of attendance vs average net price after grants and aid, based on the local College Scorecard dataset.

Tuition Room and board Books and supplies Other expenses Fees and remainder

Tuition

$31,140

Room and board

$13,730

Books and supplies

$600

Other expenses

$4,420

Fees and remainder

$0

Sticker price

$45,886

Average net price

$25,765

Average aid coverage

44%

$20,121 below sticker price on average

What You Pay

Based on available data, the average student at Lees-McRae College pays approximately $25,765 per year after grants and aid. This is above the North Carolina average of $14,661 and above the national average of $17,506.

How Affordable Is Lees-McRae College?

Average net price after grants and scholarships, compared to North Carolina and national averages.

Lees-McRae College net price

$25,765

North Carolina average

$14,661

National average

$17,506

Lees-McRae College Tuition and Net Price Trend

The current imported dataset shows tuition at $31,140 and average net price at $25,765. A multi-year trend chart will appear here after historical College Scorecard release tables are imported.

Current tuition

$31,140

Current net price

$25,765

Current out-of-state tuition $31,140
Current average net price $25,765

Current-year comparison is shown now; historical bars will replace this fallback once multi-year College Scorecard releases are imported.

Student Outcomes

Completion Rate (150% Time)

44.23%

Full-time, first-time students completing within 150% of normal time.

10-Year Earnings

$43,415

Undergraduates

817

10-Year Median Earnings - Lees-McRae College vs Peers

Median earnings 10 years after enrollment. Source: College Scorecard federal dataset.

Lees-McRae College graduates earn about 1.0x the national average 10 years after enrollment, based on schools with reported earnings data.

Who Attends Lees-McRae College?

Undergraduates

817

Completion rate

44.23%

Below national average; national avg: 52.02%

Pell recipients

37.43%

Below national average; national avg: 42.32%

Federal loan rate

86.55%

Above national average; national avg: 40.83%

Completion vs national average

Pell grant recipients

Federal loan usage

Financial Aid and Scholarships

About 37.43% of Lees-McRae College students receive federal Pell grants, indicating the share of students receiving this need-based aid in the local dataset. 86.55% take federal loans, which helps families understand borrowing patterns alongside net price.

Pell grant rate

37.43%

Federal loan rate

86.55%

Students with any loan

91.44%

Average net price

$25,765

Net Price by Income Bracket

Estimate Your Net Price at Lees-McRae College

Select a family income bracket to see the average net price students in that range paid. Data comes from College Scorecard income-bracket averages when available.

Estimated net price for :

This estimate is based on College Scorecard averages for students in this income range who received federal aid. Actual amounts vary. Use Lees-McRae College's official Net Price Calculator for a personalized figure.

Student Debt and Borrowing

Borrowing metrics help explain how students finance the gap between sticker price, aid and net price. Loans can make a bill payable, but they do not reduce the underlying cost like grants and scholarships.

Loan principal

$12,000

Median completer debt

$17,375

Median monthly payment

$184

Federal loan rate

86.55%

Debt and payment fields come from federal aid data where reported. Actual borrowing can vary by degree level, dependency status, aid package, family contribution and program costs.

Net Price Calculator

Use the official net price calculator for a personalized estimate. The averages on this page help with comparison, but your final price can change based on residency, aid eligibility, housing, program fees and scholarships.

Open Lees-McRae College Net Price Calculator

Financial Aid Application Steps

The sample guide uses step-by-step aid instructions. This version keeps the steps generic and accurate for the database, then points readers to official school and federal resources.

  1. 1. Complete the FAFSA when eligible

    Use the federal FAFSA form to start federal student aid eligibility. Some private or selective schools may require additional institutional forms.

    Open resource
  2. 2. Check school-specific aid requirements

    Open Lees-McRae College's official financial aid or admissions site to confirm whether CSS Profile, tax documents or institutional forms are required.

    Open resource
  3. 3. Use the net price calculator

    Compare the personalized estimate with the average net price and income-bracket values shown on this page.

    Open resource
  4. 4. Review grants, loans and payment deadlines

    Separate grant aid from loan financing and verify billing deadlines directly with the school before committing.

Payment Guide

Use these generic steps to review tuition, aid and billing before making an enrollment decision.

  1. 1. Confirm published tuition and fees

    Review Lees-McRae College's official tuition page and compare it with the tuition and attendance cost fields on this page.

  2. 2. Estimate net price after aid

    Use Lees-McRae College's official net price calculator when available, then compare the estimate with average net price and income-bracket data.

  3. 3. Review financial aid and payment options

    Check grants, scholarships, federal loans, payment plans and billing deadlines directly with the school before making enrollment decisions.

Institutional Cost Resources

These institutional context fields help explain how the school appears in the federal dataset beyond student-facing tuition. They are not a bill, but they add useful background for affordability research.

Endowment

$34,836,868

Faculty salary field

$5,630

Tuition revenue per FTE

$8,826

Instructional spend per FTE

$7,637

These fields come from federal institutional data and should be read as context, not as student charges.

Accreditation

Lees-McRae College lists Southern Association of Colleges and Schools Commission on Colleges as its accreditor in the local dataset. Institutional accreditation is an important trust signal and can affect federal financial aid eligibility. Accreditation means an external agency has reviewed academic quality and institutional standards, which helps families verify whether federal aid pathways such as Pell grants and federal loans may apply.

Visit Accreditor

Campus Location and Contact

Lees-McRae College is listed at 191 Main Street, Banner Elk, NC 28604. Accreditor: Southern Association of Colleges and Schools Commission on Colleges.

Address

191 Main Street
Banner Elk, NC 28604

Official website

Open school website

Admissions policy

Selective admissions policy reported

Open in Google Maps

Compare Schools

Compare Lees-McRae College with nationally comparable peer institutions across acceptance rate, tuition, net price and 10-year earnings. Click any school name to open its full profile.

Lees-McRae College
Accept. rate
80.75%
Tuition
$31,140
Net price
$25,765
10-yr earnings
$43,415
Duke University
Accept. rate
6.78%
Tuition
$65,805
Net price
$34,454
10-yr earnings
$97,800
Chamberlain University-North Carolina
Accept. rate
66.67%
Tuition
$19,686
Net price
$21,664
10-yr earnings
$92,405
Davidson College
Accept. rate
14.48%
Tuition
$60,300
Net price
$18,127
10-yr earnings
$81,400
Wake Forest University
Accept. rate
21.56%
Tuition
$64,758
Net price
$28,746
10-yr earnings
$78,158

Frequently Asked Questions

How much is Lees-McRae College tuition?

Lees-McRae College out-of-state tuition in the local dataset is $31,140. In-state tuition is $31,140. Verify current tuition directly with the school before making enrollment decisions.

What is Lees-McRae College's average net price?

Lees-McRae College's average net price in the local dataset is $25,765. Net price reflects average cost after grants and scholarships where reported.

Does this page include all Lees-McRae College fees?

The local dataset supports tuition, room and board, books, other expenses, attendance cost, net price and aid fields. Separate mandatory fee data is not available for every school, so fees should be verified with Lees-McRae College.

What is Lees-McRae College's acceptance rate?

Lees-McRae College's acceptance rate in the local dataset is 80.75%.

How much is Lees-McRae College tuition?

Lees-McRae College's out-of-state tuition in the local dataset is $31,140.

What is Lees-McRae College's average net price?

Lees-McRae College's average net price in the local dataset is $25,765.

What does Lees-McRae College cost for families earning under $30,000?

College Scorecard income-bracket data shows an average net price of $18,829 for Lees-McRae College students from families earning under $30,000. Actual costs vary; use the official net price calculator for a personalized estimate.

What is Lees-McRae College's average earnings 10 years after enrollment?

The local dataset reports 10-year median earnings of $43,415 for Lees-McRae College.

Is Lees-McRae College accredited?

Lees-McRae College's accreditor in the local dataset is Southern Association of Colleges and Schools Commission on Colleges.

How many students attend Lees-McRae College?

The local dataset lists 817 undergraduate students at Lees-McRae College.

What percentage of Lees-McRae College students receive Pell grants?

The Pell grant rate for Lees-McRae College in the local dataset is 37.43%.

What is the federal loan rate at Lees-McRae College?

The federal loan rate for Lees-McRae College in the local dataset is 86.55%.

Where should I verify Lees-McRae College data?

Use this page for comparison, then verify admissions, tuition, net price and student outcomes directly with Lees-McRae College or the latest official federal education data.