Cost Details
- In-State Tuition
- $31,140
- Out-of-State Tuition
- $31,140
- Average Net Price
- $25,765
- Students Receiving Financial Aid
- 37.4%
- Room & Board (On Campus)
- $13,730
- Room & Board (Off Campus)
- $13,730
- Books & Supplies
- $600
- Total Cost of Attendance
- $45,470
- Median Debt at Graduation
- $17,375
- Estimated Monthly Loan Payment
- $184/mo
- Loan Repayment Rate
- 55.3%
- Students Taking Federal Loans
- 86.6%
- Pell Grant Recipients
- 37.4%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $18,829 |
| $30,001 – $48,000 | $21,139 |
| $48,001 – $75,000 | $20,899 |
| $75,001 – $110,000 | $26,761 |
| $110,001+ | $29,115 |
Cost Estimator
Cost Overview
Families typically pay $25,765 per year at Lees-McRae after financial aid, though costs vary dramatically by income. Lower-income families pay around $18,829 annually, while those earning over $110,000 pay $29,115. Over four years, expect to spend roughly $103,000 to $116,000 depending on your family's finances.
The 61% acceptance rate means most students who apply get in, but only 44% graduate within six years. Graduates typically leave with $17,375 in debt, translating to monthly payments of $184. With median earnings hitting $43,415 ten years after graduation, those loan payments represent about 5% of gross income. The small mountain setting and 10:1 student-faculty ratio create an intimate environment, but the high cost relative to post-graduation earnings makes this college work best for families who can afford the full price or qualify for the lowest-income aid brackets.
The 61% acceptance rate means most students who apply get in, but only 44% graduate within six years. Graduates typically leave with $17,375 in debt, translating to monthly payments of $184. With median earnings hitting $43,415 ten years after graduation, those loan payments represent about 5% of gross income. The small mountain setting and 10:1 student-faculty ratio create an intimate environment, but the high cost relative to post-graduation earnings makes this college work best for families who can afford the full price or qualify for the lowest-income aid brackets.
Official Net Price Calculator
Get a personalized cost estimate from Lees-McRae College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.