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How many students are received any financial aid at Lees McRae College?

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For the academic year 2022-2023, total 247 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 869 students (100% of all students) received grants or scholarships and the average grant amount is $16,654. In addition, 589 students received student loans and the average loan amount is $6,024.

Below tables show the number and amount by source of financial aid at Lees-McRae College.
All Undergraduate Student Financial Aid at Lees-McRae College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid869100%$16,654
Pell Grants36041%$4,887
Federal Student Loans58968%$6,024
Beginning Students (Freshmen) Financial Aid at Lees-McRae College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid247100%-
Grants or Scholarship from All Sources247100%$18,205
Federal Grants7631%$5,665
Pell Grants7631%$5,160
Other Federal Grants156%$2,559
State/Local Grants6627%$6,590
Institutional Grants247100%$14,701
Student Loans16768%$7,343
Federal Student Loans16567%$5,576
Other Student Loans229%$13,921
see more grants, scholarship, student loans, and other financial aid stats

What is the Financial aid?

Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.

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