Lees-McRae College

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2020 Undergraduate Tuition
$26,140
2.01% growth from 2019
2020 Average Net Price
$24,390
After Financial Aid
2018 Student Loan
6.99%
Default Rate
2020 Acceptance Rate
73.3%
1,430 Applicants
2020 Enrolled Students
838
94.3% Full-Time
2020 Graduation Rate
43.5%
94 Graduates

About

Lees-McRae College is a higher education institution located in Avery County, NC. In 2020, the most popular Bachelor's Degree concentrations at Lees-McRae College were Criminal Justice - Law Enforcement Administration (33 degrees awarded), Elementary Education & Teaching (29 degrees), and Wildlife Biology (29 degrees).

In 2020, 231 degrees were awarded across all undergraduate and graduate programs at Lees-McRae College. 69.7% of these degrees were awarded to women, and 30.3% awarded men. The most common race/ethnicity group of degree recipients was white (170 degrees), 9.44 times more than then the next closest race/ethnicity group, black or african american (18 degrees).

The median undergraduate tuition at Lees-McRae College is $26,140, which is $−2,260 less than the national average for Baccalaureate Colleges ($28,400).

dollarCosts

The median undergraduate tuition at Lees-McRae College is $26,140, which is $−2,260 less than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $24,390.

In 2020, 100% of undergraduate students attending Lees-McRae College received financial aid through grants. Comparatively, 68% of undergraduate students received financial aid through loans.

Tuition Costs

$26,140
2020 Undergraduate Tuition

In 2020, the cost of tuition at Lees-McRae College was $26,140. The cost of tuition at Lees-McRae College is $−2,260 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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Average Net Price

$24,390
2020 Value
9.09%
1 Year Growth

In 2020 Lees-McRae College had an average net price — the price paid after factoring in grants and loans — of $24,390. Between 2019 and 2020, the average net price of Lees-McRae College grew by 9.09%.

This chart compares the average net price of Lees-McRae College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$11,216
Room and Board
$550
Books and Supplies

The average yearly cost of room and board at Lees-McRae College was of $11,216 in 2020. During the same period, the average yearly cost of books and supplies was $550. The cost of room and board increased by 1.25% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

100%
Undergraduates Receiving Financial Aid through Grants
68%
Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Lees-McRae College received financial aid through grants or loans in 2020. This represents a growth of 14.9% with respect to 2019, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Lees-McRae College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
6.99%
2018 Default Rate
27
Number of Defaults

In 2018 the default rate for borrower's at Lees-McRae College was 6.99%, which represents 27 out of the 386 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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predictive-analysisAdmissions

Lees-McRae College received 1,430 undergraduate applications in 2020, which represents a 2.22% annual growth. Out of those 1,430 applicants, 1,048 students were accepted for enrollment, representing a 73.3% acceptance rate.

There were 838 students enrolled at Lees-McRae College in 2020, and 51% of first-time enrollees submitted SAT scores with their applications.

Lees-McRae College has an overall enrollment yield of 18.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.3%
Acceptance Rate in 2020
1,048
Accepted Out of 1,430

In 2020, the undergraduate acceptance rate of Lees-McRae College was 73.3% (1,048 admissions from 1,430 applications). This is higher than the acceptance rate of 2019, which was 54.8%. Between 2019 and 2020, the number of applicants grew by 2.22%, while admissions grew by 36.6%.

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SAT Scores

51%
Submission Percentage
99
Scores Submitted

51% of enrolled first-time students at Lees-McRae College in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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bookEnrollment

Lees-McRae College has a total enrollment of 838 students. The full-time enrollment at Lees-McRae College is 790 students and the part-time enrollment is 48. This means that 94.3% of students enrolled at Lees-McRae College are enrolled full-time.

The enrolled student population at Lees-McRae College, both undergraduate and graduate, is 72.9% White, 8% Black or African American, 5.49% Hispanic or Latino, 2.15% Two or More Races, 0.716% Asian, 0.477% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lees-McRae College in full-time Undergraduate programs are most commonly White Female (50.1%), followed by White Male (23%) and Black or African American Female (4.57%). Students enrolled in full-time Graduate programs are most commonly Asian Male (0%), followed by Asian Female (0%) and Black or African American Male (0%).

Full-Time vs Part-Time Enrollment

94.3%
Full-Time Enrollment

The total enrollment at Lees-McRae College, both undergraduate and graduate, is 838 students. The full-time enrollment at Lees-McRae College is 790 and the part-time enrollment is 48. This means that 94.3% of students enrolled at Lees-McRae College are enrolled full-time compared with 80.1% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Lees-McRae College (in red) compares to similar universities.

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Retention Rate over Time

68%
2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Lees-McRae College was 68%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Lees-McRae College had a retention rate lower than its peers.

This chart shows the retention rate over time at Lees-McRae College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    611
  2. Black or African American
    67
  3. Hispanic or Latino
    46

The enrolled student population at Lees-McRae College is 72.9% White, 8% Black or African American, 5.49% Hispanic or Latino, 2.15% Two or More Races, 0.716% Asian, 0.477% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.8% White, 13.8% Black or African American, and 13.4% Hispanic or Latino.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 61 students (7.28%) did not report their race.

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learningGraduates

In 2020, 91 more women than men received degrees from Lees-McRae College. The most common race/ethnicity group of degree recipients at Lees-McRae College is white (170 degrees awarded). There were 9.44 times more white graduates than the next closest race/ethnicity group, black or african american (18 degrees).

The most common Bachelor's Degree concentration at Lees-McRae College is Criminal Justice - Law Enforcement Administration (33 degrees awarded), followed by Elementary Education & Teaching (29 degrees) and Wildlife Biology (29 degrees).

The most specialized majors across all degree types at Lees-McRae College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (33 degrees awarded), Public Administration and Social Service (23 degrees), and Biology (39 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lees-McRae College are Physicians (393,788 people), Elementary & middle school teachers (259,384 people), Other managers (226,324 people), Lawyers, & judges, magistrates, & other judicial workers (218,036 people), and Postsecondary teachers (209,008 people).

The most specialized majors at Lees-McRae College are Protective Services (33 degrees awarded), Public Administration and Social Service (23 degrees), Biology (39 degrees), English (7 degrees), and History (4 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lees-McRae College are Surgeons, Physicians, Clinical and counseling psychologists, Computer hardware engineers, and Entertainers & performers, sports & related workers, all other

The most specialized majors at Lees-McRae College are Protective Services (33 degrees awarded), Public Administration and Social Service (23 degrees), Biology (39 degrees), English (7 degrees), and History (4 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lees-McRae College are Elementary & secondary schools (577,939 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (542,992 people), Colleges, universities & professional schools, including junior colleges (473,474 people), Justice, public order, & safety activities (390,461 people), and Offices of physicians (198,001 people).

The most specialized majors at Lees-McRae College are Protective Services (33 degrees awarded), Public Administration and Social Service (23 degrees), Biology (39 degrees), English (7 degrees), and History (4 degrees).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lees-McRae College.
Most Common
  1. 33 degree-majorss awarded
  2. 29 degree-majorss awarded
  3. 29 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Lees-McRae College was Criminal Justice - Law Enforcement Administration with 33 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Lees-McRae College according to their major.

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Sex Breakdown for Common Majors

70
Degrees Awarded to Men
in 2020
161
Degrees Awarded to Women
in 2020

In 2020, 70 degrees were awarded to men at Lees-McRae College, which is 0.435 times less than the number of degrees awarded to females (161).

This chart displays the sex disparity between the top 5 majors at Lees-McRae College by degrees awarded.

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Most Common Male Majors

In 2020, 14 degrees were awarded to men at Lees-McRae College in Criminal Justice - Law Enforcement Administration, which is 0.737 times less than the 19 female recipients with that same degree.

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Most Common Female Majors

In 2020, 26 degrees were awarded to women at Lees-McRae College in Elementary Education & Teaching, which is 8.67 times more than the 3 male recipients with that same degree.

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Time to Complete

34%
100% Completion Time
37%
150% Completion Time

In 2020, 34% of students graduating from Lees-McRae College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 37% completed their degrees within 150% of the normal time, and 38% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (83.3%)

The student demographic with the highest graduation rate at Lees-McRae College is Female and Hispanic or Latino (83.3% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 6.38% of graduates (6 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    170 degrees awarded
  2. Black or African American
    18 degrees awarded
  3. Hispanic or Latino
    14 degrees awarded

The most common race/ethnicity at Lees-McRae College is white (170 degrees awarded). There were 9.44 times more white recipients than the next closest race/ethnicity group, black or african american (18 degrees).

5.19% of degree recipients (12 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    122 degrees awarded
  2. White Male
    48 degrees awarded
  3. Black or African American Female
    11 degrees awarded

The most common race/ethnicity and sex grouping at Lees-McRae College is white female (122 degrees awarded). There were 2.54 times more white female recipients than the next closest race/ethnicity group, white male (48 degrees).

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briefcaseOperations

Lees-McRae College has an endowment valued at nearly $34M, as of the end of the 2020 fiscal year. The return on its endowment was of $1.06M (3.13%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Lees-McRae College had a total salary expenditure of $20.4M. Lees-McRae College employs 20 Associate professors, 16 Assistant professors, and 11 Instructors. Most academics at Lees-McRae College are Female Associate professors (11), Female Assistant professors(10), and Male Associate professors (9).

The most common positions for non-instructional staff at Lees-McRae College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 33 employees, Management, with 20 employees, and Office and Administrative Support with 11 employees.

Endowment

$34M
2020 Endowment
10.7%
growth from 2019

Lees-McRae College has an endowment valued at about $34M, as of the end of the 2020 fiscal year. The endowment of Lees-McRae College grew 10.7% from the previous year. The value of their endowment was $5.84M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lees-McRae College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $2.52M - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Lees-McRae College received $2.52M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Salary Expenditure

$10.6M
2020 Salaries
1.78%
growth from 2019

In 2020, Lees-McRae College paid a median of $10.6M in salaries, which represents 51.7% of their overall expenditure ($20.4M) and a 1.78% growth from the previous year. This is compared to a 33.3% growth from 2018 and a 0.183% decline from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

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Instructional Salaries

$3.01M
Instructional Salaries
58
Number of Employees

In 2020, Lees-McRae College paid a total of $3.01M to 58 employees working as instructors, which represents 28.5% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

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Occupations by Share

Associate professor
Most Common Instructor
20 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
33 Employees

In 2020, the most common positions for instructional staff at Lees-McRae College were Associate professor with 20 employees; Assistant professor with 16 employees; and Assistant professor with 11 employees.

In 2020, the most common positions for non-instructional staff at Lees-McRae College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 33 employees; Management with 20 employees; and Office and Administrative Support with 11 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Associate professor
  2. Female Assistant professor
  3. Male Associate professor

In 2020, the most common demographic for instructional staff at Lees-McRae College was Female Associate professor with 11 employees, Female Assistant professor with 10 employees, and Male Associate professor with 9 employees.

This chart shows the sex split between each academic rank present at Lees-McRae College.

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