Number Received Financial Aid (All Undergraduate)
830
Percent Received Financial Aid(All Undergraduate)
97%
Average Aid Amount
$18,773
Number Received Financial Aid (Freshmen)
212
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Lees-McRae
For the academic year 2023-2024, a total of 830 students (97% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $18,773. For freshmen (Full-time, first-time degree-seeking undergraduate students), 212 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Lees-McRae College is $33,850, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 830 students (97% of all students) have received grants or scholarships and the average received aid amount is $18,773. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Lees-McRae College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 830 | 97% | $18,773 |
| Pell Grants | 320 | 37% | $5,439 |
| Federal Student Loans | 740 | 87% | $6,629 |
Beginning Students Financial Aid
a total of 212 beginning students (100% of all freshmen) have received any financial aid and 212 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Lees-McRae College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 212 | 100% | - |
| Grants or Scholarship from All Sources | 212 | 100% | $19,843 |
| Federal Grants | 59 | 28% | $5,746 |
| Pell Grants | 59 | 28% | $5,121 |
| Other Federal Grants | 12 | 6% | $3,073 |
| State/Local Grants | 49 | 23% | $7,181 |
| Institutional Grants | 211 | 100% | $16,663 |
| Student Loans | 193 | 91% | $7,278 |
| Federal Student Loans | 192 | 91% | $5,800 |
| Other Student Loans | 16 | 8% | $18,185 |
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