What is Lees-McRae College?
Lees-McRae College is a private liberal arts college located in Banner Elk, North Carolina. Founded in 1900, the college offers a wide range of undergraduate and graduate programs. Lees-McRae is known for its emphasis on experiential learning and its commitment to sustainability.

Lees-McRae Tuition and Fees
The cost of attendance at Lees-McRae College varies depending on the student’s residency status and program of study. For the 2023-2024 academic year, the estimated total cost of attendance for full-time, on-campus students is as follows:
Category | In-state | Out-of-state |
---|---|---|
Tuition | $24,080 | $36,260 |
Fees | $2,090 | $2,090 |
Room and board | $11,580 | $11,580 |
Books and supplies | $1,000 | $1,000 |
Other expenses | $2,300 | $2,300 |
Total | $39,970 | $53,230 |
Financial Aid at Lees-McRae College
Lees-McRae College offers a variety of financial aid programs to help students pay for college. These programs include scholarships, grants, loans, and work-study programs. For the 2023-2024 academic year, Lees-McRae College awarded over $30 million in financial aid to its students.
How to Apply for Financial Aid at Lees-McRae College
To apply for financial aid at Lees-McRae College, students must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at www.fafsa.gov.
Scholarships at Lees-McRae College
Lees-McRae College offers a variety of scholarships to its students. These scholarships are based on academic merit, financial need, and other factors. For the 2023-2024 academic year, Lees-McRae College awarded over $10 million in scholarships to its students.
Grants at Lees-McRae College
Lees-McRae College offers a variety of grants to its students. These grants are based on financial need. For the 2023-2024 academic year, Lees-McRae College awarded over $15 million in grants to its students.
Loans at Lees-McRae College
Lees-McRae College offers a variety of loans to its students. These loans are available to students who have demonstrated financial need. For the 2023-2024 academic year, Lees-McRae College awarded over $5 million in loans to its students.
Work-Study Programs at Lees-McRae College
Lees-McRae College offers a variety of work-study programs to its students. These programs allow students to earn money to help pay for college. For the 2023-2024 academic year, Lees-McRae College awarded over $2 million in work-study programs to its students.
Payment Plans at Lees-McRae College
Lees-McRae College offers a variety of payment plans to its students. These plans allow students to spread out the cost of their tuition and fees over a period of time. For the 2023-2024 academic year, Lees-McRae College offers a monthly payment plan, a quarterly payment plan, and a semester payment plan.
Refund Policy at Lees-McRae College
Lees-McRae College has a refund policy that allows students to receive a refund of their tuition and fees if they withdraw from college within a certain period of time. The refund policy is as follows:
Withdrawal date | Refund percentage |
---|---|
Before the first day of classes | 100% |
Within the first two weeks of classes | 75% |
Within the first four weeks of classes | 50% |
After the first four weeks of classes | 0% |
Conclusion
The cost of attendance at Lees-McRae College is comparable to the cost of attendance at other private liberal arts colleges. However, Lees-McRae College offers a variety of financial aid programs to help students pay for college. These programs include scholarships, grants, loans, and work-study programs.