Financial Aid

Tuition, fees, and financial assistance information for Lees-McRae College

Banner Elk, NC

In-State Tuition

$28,790

Out-of-State Tuition

$28,790

Average Net Price

$26,009

Price Difference

$2,781

Avg. financial aid

Tuition & Fees

In-State Students $28,790

Annual tuition for residents of NC

Out-of-State Students $28,790

Annual tuition for non-residents

Average Net Price $26,009

Average amount students pay after grants and scholarships

Net Price by Family Income

Average net price for students receiving Title IV federal financial aid (2022-23)

$0 - $30,000

$18,829

$30,001 - $48,000

$21,139

$48,001 - $75,000

$20,899

$75,001 - $110,000

$26,761

Over $110,000

$29,115

Financial Aid Overview

For first-time, full-time undergraduate students (2022-23)

Students Receiving Any Financial Aid

212 of 212 students

100%

Grants & Scholarships

Recipients

212 (100%)

Average Award

$19,843

Federal Pell Grants

Recipients

59 (28%)

Average Award

$5,121

Aid by Source

State & Local Grants

49 recipients (23%)

$7,181 avg

Institutional Grants

211 recipients (100%)

$16,663 avg

Student Loans

Federal student loan data for all undergraduates (2022-23)

Total Borrowers

740

87% of students

Average Loan Amount

$6,629

Financial Aid Resources

Net Price Calculator

Estimate your actual cost after financial aid

Financial Aid Office

Learn about available aid programs and apply

FAFSA Information

Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.

Apply for FAFSA →

Payment Plans Available

Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:

  • Monthly payment plans
  • Deferred payment options
  • Employer tuition assistance programs

Need Help?

Contact the financial aid office for personalized assistance with:

  • Scholarship opportunities
  • Grant eligibility
  • Work-study programs
  • Payment plan options

Federal School Codes

OPE ID: 00293900
IPEDS ID: 198808

Use these codes when applying for federal financial aid

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