D
Below Average
Score: 44/100
Overall (traditional)
F
Outcome Rating
32/100 · earnings-weighted

Lees-McRae College

4-Year Private Non-Profit
📍 Banner Elk, North Carolina 28604
Lees-McRae College campus, Banner Elk, NC
Lees-McRae College campus, Banner Elk, NC. Photo: Connormg, CC BY-SA 3.0 via Wikimedia Commons.
ℹ️
Rating Context: ⚠️ Limited Data Available. Some metrics for this institution are incomplete or unavailable, which may affect the overall grade. Consider researching this school directly for the most current information.

Suggested Focus: For this type of institution, we recommend prioritizing the Outcomes Score (C+) which measures graduation and job placement rates — the most relevant metrics for career programs.
Graduation Rate: 44%
Outcomes
C+
61/100
Affordability
F
9/100
Resources
C+
57/100
Experience
A
82/100
Prestige
F
17/100

Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology

Quick Stats

839
Total Enrollment
44%
Graduation Rate
62%
Retention Rate
10.0:1
Student-Faculty Ratio
81%
Acceptance Rate
N/A
Avg Net Price

Earnings, Debt & Completion

What happens to students who enroll at Lees-McRae College, from the U.S. Department of Education’s College Scorecard.

$43,415
Median earnings 10 yrs after entry
$41,599
Median earnings 6 yrs after entry
$17,375
Median debt at graduation
42.1%
Completion rate (within 150% of normal time)
23
Median ACT
37.3%
Students receiving Pell grants

Typical debt at graduation equals about 40% of one year’s median earnings ten years after entry.

Earnings rank: 19th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (NC wage index 0.87). This drives the Outcome Rating.

Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.

Earnings by Major at Lees-McRae College

Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.

Major1 yr after4 yrs aftervs. nationalRank (pay)Rank (wage-adj.)Median debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing$69,776$87,523-2%#437 of 966#271$19,339
Business Administration, Management and Operations$33,292$60,108-12%#792 of 1176#662$17,605
Criminal Justice and Corrections$39,811$50,085-10%#486 of 660#404$14,050
Teacher Education and Professional Development, Specific Levels and Methods$38,996$45,862-3%#448 of 680#365$15,000
Psychology—$44,161-13%#830 of 1027#711$25,624
Human Services$34,811$43,273-11%#75 of 94#68$13,000
Zoology/Animal Biology$24,921$38,699-12%#47 of 52#36$23,000

Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.

For parents & investors

The Lees-McRae College Town Property Report

  • Avg home value near campus: $496,467
  • Avg rent near campus: $1,898/mo — vs ~$667/mo campus room rate
  • Top nearby ZIP by cap rate: 28607 (3.1% cap, Boone)

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🏆 Where Lees-McRae College Ranks

Rankings based on Repit College Grade among schools offering each program.

#9
Wildlife Biology
of 9 schools

Costs & Financial Aid

Tuition & Fees

Category In-State Out-of-State
Tuition $28,790 $28,790
Room $6,000
Board $7,730
Total Cost (On-Campus) $49,890 $49,890

Financial Aid

100%
Receive Any Aid
28%
Receive Pell Grants
91%
Take Out Loans
N/A
Avg Net Price

Student Demographics

839
Total Students
67%
Women
86%
Traditional Age (18-24)

👥 Race & Ethnicity

White 74%
Hispanic 5%
Black 9%
Asian 2%
Two or More 1%
Non-Resident 4%

🏠 Living Arrangements

💻 Learning Mode

In-Person 78%
Hybrid (Some Online) 2%
Fully Online 20%

📊 Age Distribution

18-24 (Traditional) 86%
25-64 (Adult) 13%

Frequently Asked Questions

What is the acceptance rate at Lees-McRae College?
Lees-McRae College has an acceptance rate of 81%. This indicates a less selective admissions process with good chances for qualified applicants.
How much does it cost to attend Lees-McRae College?
Tuition at Lees-McRae College is $28,790 for in-state students and $28,790 for out-of-state students .
What is the graduation rate at Lees-McRae College?
The graduation rate at Lees-McRae College is 44%. This graduation rate is below average. Consider factors like program type and student demographics when evaluating.
Is Lees-McRae College a good school?
Lees-McRae College has a Repit College Score of 44/100 (Grade: D). Our rating evaluates five key factors:
  • Outcomes (C+): Graduation and retention rates
  • Affordability (F): Net cost and financial aid access
  • Resources (C+): Class sizes and selectivity
  • Experience (A): Campus life and learning format
  • Prestige (F): Reputation and recognition
Note: As a smaller institution, we recommend focusing on the Outcomes score when evaluating this school.
How many students attend Lees-McRae College?
Lees-McRae College has a total enrollment of 839 students. Most students (86%) are traditional college-age (18-24).

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🎓 Similar Colleges to Lees-McRae College

Compare with other 4-Year private non-profit institutions of similar size.

D
Chowan University
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C
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D
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D
William Peace University
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D
Pfeiffer University
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C
Montreat College
Montreat, NC · 932 students

Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology