Lees-McRae College

Banner Elk, NC

School Background

2022 Undergraduate Enrollment: 869
Graduate Enrollment: 1
Baccalaureate Colleges: Diverse Fields
Highest degree awarded: Graduate
Religious Affiliation: Presbyterian Church (USA)

Campus Details

Rural: Distant (rural territory more than 5 miles but up to 25 miles from an urbanized area or more than 2.5 and up to 10 miles from an urban cluster)
Four-year, very small, highly residential // full-time, inclusive, higher transfer-in

Applicant and Admittance Traits

2022 Admission Rate: 59.2%

Male/Female: 33% / 67% (2017)

First generation college students: 40.1% (2017)
Percentage of students who are married when enrolled: 21.3% (2017)
Percentage of students who are veterans: 2.3% (2002)

Test scores for admission: Considered but not required
2022 Median Admit SAT: 1,146
SAT 25th Percentile - 75th: 1040 - 1240

2022 Median Admit ACT: 23
ACT 25th Percentile - 75th: 20 - 26

Appliants applying to 2+ schools: 49.8% (2017)
Appliants applying to 3+ schools: 29.6% (2017)
Appliants applying to 4+ schools: 19.7% (2017)
Appliants applying to 5+ schools: 13.9% (2017)

Ethnicity Information

White: 74.0%
Black: 6.6%
Hispanic: 6.6%
Asian: 0.9%
American Indian/Alaska Native: 0.8%
Native Hawaiian/Pacific Islander: 0.0%
2+ races: 2.2%
Non-resident alien: 3.3%
Unknown race: 5.6%

Costs & Fees

2022 Average Tuition & Fees (Room/Board/Books): $44,130
In-State tuition: $28,290
Out-of-State tuition: $28,290

Estimated books and supplies: $600 (2022)
Estimated on-campus room & board: $11,550 (2022)
Estimated on-campus other fees: $2,200 (2022)

Estimated off-campus room & board: $11,550 (2022)
Estimated off-campus other fees: $2,200 (2022)

Average Family Income: $61,953 (2017)
Median Family Income: $42,683 (2017)

Scholarships & Financial Aid

Percentage of students receiving Pell Grant: 43.7%
Percentage of students with Federal Loans: 62.7%

Median federal loan debt at graduation: $17,375 (2021)
Median federal loan payment: $184 (2021)

Household Income Net Cost
0-$30k $17,764
$30k-48k $24,337
$48k-75k $26,008
$75k-110k $29,530
$110k+ $29,771

Graduate Outcomes & Job Placements

4-year graduation rate: 36%
6-year graduation rate: 40%

1 year post-graduation workforce participation: 95.1% (2020)

Loans

Median federal debt for graduates: $17,375 (2021)
Median federal debt for non-graduates: $6,250 (2021)

Median federal debt for first-generation graduates: $12,000 (2021)
Median federal debt for Pell grant recipient graduates: $12,000 (2021)

Ability to Repay Loans

Graduates, % of Loans in Repayment
(Non-delinquent/default)
Percentage
@1 Year 57.3% (2015)
@3 year 66.2% (2017)
@5 year 74.1% (2017)


1-year Graduate % of Loans being Repaid (Non-delinquent/default) - Pell Grant Recipients: 40.0% (2015)
1-year Graduate % of Loans being Repaid - 1st Generation Attendees: 48.0% (2015)

Earnings Power

Median earnings, 1 year post graduation: $36,870 (2020)
Median earnings, 4 years post graduation: $41,901 (2020)

Popular Majors

Type of Degree Major 2022 Graduates Median Federal Debt Median Monthly Payment 1yr Median Earnings (monthly gross) 4yr Median Earnings (monthly gross)
Bachelor's Degree Communication and Media Studies. 3
Bachelor's Degree Special Education and Teaching. 2
Bachelor's Degree Teacher Education and Professional Development, Specific Levels and Methods. 29 $15,000 $159 $35,317 ($2,943) $38,705 ($3,225)
Bachelor's Degree English Language and Literature, General. 1
Bachelor's Degree Biology, General. 6
Bachelor's Degree Zoology/Animal Biology. 32 $24,120 $244 $20,861 ($1,738) $33,123 ($2,760)
Bachelor's Degree Health and Physical Education/Fitness. 6
Bachelor's Degree Religion/Religious Studies. 1
Bachelor's Degree Psychology, General. 10 $27,250 $272 $24,009 ($2,001)
Bachelor's Degree Criminal Justice and Corrections. 41 $15,000 $149 $35,056 ($2,921) $31,811 ($2,651)
Bachelor's Degree Human Services, General. 24 $15,750 $138 $33,736 ($2,811)
Bachelor's Degree Visual and Performing Arts, General. 2
Bachelor's Degree Drama/Theatre Arts and Stagecraft. 1
Bachelor's Degree Allied Health Diagnostic, Intervention, and Treatment Professions. 2
Bachelor's Degree Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. 44 $23,125 $205 $62,744 ($5,229) $72,955 ($6,080)
Bachelor's Degree Business Administration, Management and Operations. 25 $18,500 $187 $35,259 ($2,938) $53,864 ($4,489)


Campus Resources

Average faculty salary: $47,853
Full time faculty: 56%

Undergraduate student-to-faculty ratio: 11.0

School's endowment start of year: $33,999,870 (2022)
School's endowment end of year: $36,178,089 (2022)