Number Received Financial Aid (All Undergraduate)
869
Percent Received Financial Aid(All Undergraduate)
100%
Average Aid Amount
$16,654
Number Received Financial Aid (Freshmen)
247
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Lees-McRae
For the academic year 2021-2022, a total of 869 students (100% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $16,654. For freshmen (Full-time, first-time degree-seeking undergraduate students), 247 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Lees-McRae College is $31,140, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 869 students (100% of all students) have received grants or scholarships and the average received aid amount is $16,654. 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 | 869 | 100% | $16,654 |
| Pell Grants | 360 | 41% | $4,887 |
| Federal Student Loans | 589 | 68% | $6,024 |
Beginning Students Financial Aid
a total of 247 beginning students (100% of all freshmen) have received any financial aid and 247 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 | 247 | 100% | - |
| Grants or Scholarship from All Sources | 247 | 100% | $18,205 |
| Federal Grants | 76 | 31% | $5,665 |
| Pell Grants | 76 | 31% | $5,160 |
| Other Federal Grants | 15 | 6% | $2,559 |
| State/Local Grants | 66 | 27% | $6,590 |
| Institutional Grants | 247 | 100% | $14,701 |
| Student Loans | 167 | 68% | $7,343 |
| Federal Student Loans | 165 | 67% | $5,576 |
| Other Student Loans | 22 | 9% | $13,921 |
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