Lees-McRae College
Banner Elk, North Carolina — 191 Main Street, 28604
Lees-McRae College is a leading Private nonprofit institution located in Banner Elk, North Carolina. Established to provide high-quality education, Lees-McRae College offers a range of programs and is recognized for its commitment to student success and academic excellence in the United States region.
| Federal Aid Approval | 7/15/1988 |
|---|---|
| Location | Banner Elk, North Carolina |
| Type | Private nonprofit |
| Total Enrollment | 817 students |
| Median Salary | $43,415 |
Lees-McRae College — Institution Overview
| Institution Name | Lees-McRae College |
|---|---|
| Location | Banner Elk, North Carolina |
| Official Website | https://www.lmc.edu/ |
| Address | 191 Main Street Banner Elk, NC 28604 |
| Institution Type | Private nonprofit |
| Total Students | 817 |
Lees-McRae College Admissions Process
Lees-McRae College Tuition Fees and Costs
| In-State Tuition | $31,140 |
|---|---|
| Out-of-State Tuition | $31,140 |
| Pell Grant Rate | 37.4% |
| Median Debt (Completers) | $17,375 |
Major Spotlight
Top programs by early-career earnings from this institution.
Based on median earnings two years after graduation from Lees-McRae College, using U.S. Department of Education College Scorecard data.
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. salary after Lees-McRae College
Bachelor's DegreeBusiness Administration, Management and Operations. salary after Lees-McRae College
Bachelor's DegreeTeacher Education and Professional Development, Specific Levels and Methods. salary after Lees-McRae College
Bachelor's DegreeSalary data reflects U.S. Department of Education College Scorecard reporting.
Lees-McRae College Acceptance Rate and Enrollment Statistics
Acceptance rate based on 2026 U.S. Department of Education data.
Courses and Academic Programs at Lees-McRae College
10 programsCareer Opportunities and Alumni Network at Lees-McRae College
| Timeframe After Entry | Median Earnings |
|---|---|
| 6 Years After Entry | $41,599 |
| 10 Years After Entry | $43,415 |
| Average Net Price | $25,765 |
|---|---|
| Median Career Earnings (10 yrs) | $43,415 |
| 3-Year Loan Repayment Rate | 57000% |
Campus Life and Student Facilities at Lees-McRae College
Gender Breakdown
Enrollment Type
Diversity & Ethnicity
Campus Demographics
Student Economic Background
| Median Household Income | $55,854 |
| Average Family Income | $53,939 |
| Median Family Income | $42,683 |
Faculty Profile
Faculty Gender
Scholarships and Grants at Lees-McRae College
Lees-McRae College participates in federal financial aid programs. The data below is sourced from the U.S. Department of Education and reflects the most recently available award year. Students should contact the financial aid office directly for current scholarship opportunities, institutional grants, and merit-based awards.
Average Net Price by Family Income
| Income Bracket | Net Price / Year |
|---|
Student Debt Overview
| Median Debt — Completers | $17,375 |
| Cumulative Debt — 25th Percentile | $8,750 |
| Cumulative Debt — 75th Percentile | $21,000 |
Financial aid availability, grant amounts, and scholarship criteria change each award year. Contact Lees-McRae College's financial aid office or visit the official website for current deadlines and eligibility requirements.
Lees-McRae College Rankings and Accreditation
| Institution Type | Private nonprofit |
|---|---|
| Geographic Region | United States |
| Title IV Federal Aid Approval | 7/15/1988 |
| 4-Year Graduation Rate | 44.2% |
| Median Graduate Salary | $43,415 |
| Data Source | U.S. Department of Education — College Scorecard & IPEDS (2026) |
Institutional accreditation status is maintained by regional and national accrediting bodies recognized by the U.S. Department of Education. Federal Title IV approval (above) confirms Lees-McRae College meets eligibility requirements for federal student aid programs including Pell Grants, Direct Loans, and work-study.
Housing and Campus Location for Lees-McRae College
Frequently Asked Questions about Lees-McRae College
What is the acceptance rate at Lees-McRae College?
Lees-McRae College has an acceptance rate of 80.8%, making it an accessible institution with moderate admissions standards.
How much is tuition at Lees-McRae College?
Tuition at Lees-McRae College is $31,140 per year. Net price and financial aid options may reduce this cost significantly depending on individual circumstances.
What is the average salary for graduates of Lees-McRae College?
Graduates of Lees-McRae College earn a median salary of $43,415 per year, based on 2026 U.S. Department of Education earnings data.
Where is Lees-McRae College located?
Lees-McRae College is located at 191 Main Street, Banner Elk, North Carolina 28604. The campus is situated in the United States region of the United States.
Difficulty: Open Admission
Popular in North Carolina
Contact Facts
-
Phone Number Available on Official Site
-
Website https://www.lmc.edu/
-
Annual Tuition $31,140
Similar Schools in North Carolina
Will you qualify for aid at
Lees-McRae College?
Estimate your grants and loans with our 2026 data tool.
Calculate Your AidData sourced from 2026 US Dept. of Ed
View Methodology & E-E-A-T Compliance