by our College Data Analytics TeamHere is what you can expect to pay at Lees-McRae College, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.
Use the section links below to navigate this overview:
Published attendance costs at Lees-McRae College is about $45,886.00 per academic year.
Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.
| Tuition and fees | $33,250.00 |
| + Room, board & other expenses | $12,636.00 |
| Total cost | $45,886.00 |
| That is 40% above the national average net price. |
| Total cost | $45,886.00 |
| − Grants and scholarships | −$21,158.00 |
| Net price | $24,728.00 |
| That is 25% below the national average net price. |
| Total cost | $45,886.00 |
| − Grants and scholarships | −$26,468.00 |
| Net price | $19,418.00 |
| That is 41% below the national average net price. | |
| Want the line-by-line detail? Dig into the tuition & fees page plus room and board. |
The reported cost series has been increasing at about 5.6% annually, so the projections below total more than one year of attendance. Below, the cost is projected across a degree for three students at once — low-income with aid, average aid, and no aid. The repayment figures use a ten-year loan at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 5.6% | 5.6% | 5.6% |
| Freshman year | $20,499.00 | $26,104.00 | $48,440.00 |
| Senior year | $24,115.00 | $30,709.00 | $56,985.00 |
| Total 4-year net price | $89,096.00 | $113,461.00 | $210,541.00 |
| 10-year loan interest @ 6.8% | $33,943.00 | $43,224.00 | $80,208.00 |
| Total monthly payment | $1,025.00 | $1,306.00 | $2,423.00 |
| Total amount paid | $123,039.00 | $156,685.00 | $290,749.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 5.6% | 5.6% | 5.6% |
| Freshman year | $20,499.00 | $26,104.00 | $48,440.00 |
| Senior year | $21,639.00 | $27,557.00 | $51,135.00 |
| Total 2-year net price | $42,138.00 | $53,661.00 | $99,575.00 |
| 10-year loan interest @ 6.8% | $16,053.00 | $20,443.00 | $37,934.00 |
| Total monthly payment | $485.00 | $618.00 | $1,146.00 |
| Total amount paid | $58,191.00 | $74,104.00 | $137,509.00 |
For the complete net-price picture, see the Net Price section.
Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.
| Average net price (on-campus) | $28,340.00 |
| Average net price (off-campus) | $25,765.00 |
Net price is not the same for every family — it falls as financial need rises and grant aid increases. The figures below give average net price by income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $18,829.00 |
| $30,000 to $48,000 | $21,139.00 |
| $48,001 to $75,000 | $20,899.00 |
| $75,001 to $110,000 | $26,761.00 |
| Over $110,000 | $29,115.00 |
Run your own numbers with the Lees-McRae College Net Price Calculator, or get in touch with the financial aid office.
For the grant-and-scholarship detail behind these figures, see the financial aid breakdown.
The typical debt load for borrowers leaving Lees-McRae College amounts to $12,000.00, categorized as a Low ($10-20k) burden category.
Here’s how debt at graduation distributes across borrowers:
| Percentile | Debt at graduation |
|---|---|
| 10th | $4,750.00 |
| 25th | $8,750.00 |
| Median (50th) | $12,000.00 |
| 75th | $21,000.00 |
| 90th | $27,000.00 |
How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.
Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.
Median debt at graduation differs meaningfully across income brackets. The figures below split graduating borrowers into three income brackets:
| Family income | Median debt at graduation |
|---|---|
| Low income | $11,000.00 |
| Middle income | $12,500.00 |
| High income | $12,875.00 |
Debt at graduation often differs for first-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $12,000.00 |
| Continuing-generation students | $13,254.00 |
Pell Grants are the largest source of federal need-based aid for undergrads. Pell vs non-Pell comparisons surface how debt breaks down by need.
The Pell vs non-Pell debt gap at Lees-McRae College works out to $-875.00.
The Department of Education default-rate tier for Lees-McRae College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 6.8% |
To put the rates in context, Stafford loans at Lees-McRae College reach $71,676,770.00 across 4,728 student borrowers.
Veterans and current servicemembers may be eligible for major federal education benefits such as the Post-9/11 GI Bill and DoD Tuition Assistance.
| GI Bill recipients | 16 |
| Avg GI Bill amount | $12,980.00 |
| DoD Tuition Assistance recipients | 1 |
| Avg DoD Tuition Assistance | $2,500.00 |
Read more about military and veteran aid on the veterans benefits detail.
Beyond the data above, it helps to ask a few questions when weighing Lees-McRae College, keep these questions in mind:
Explore the related pages below for a deeper look at the cost picture:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.