Lees-McRae College

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2017 Undergraduate Tuition

$24,878

0% growth from 2016

2017 Average Net Price

$21,832

After Financial Aid

2016 Student Loan

7.12%

Default Rate

2017 Acceptance Rate

70.8%

1,190 Applicants

2017 Enrolled Students

921

96.7% Full-Time

2016 Graduation Rate

38.1%

88 Graduates

About

Lees-McRae College is a higher education institution located in Avery County, NC. In 2016, the most popular Bachelor's Degree concentrations at Lees-McRae College were Registered Nursing (95 degrees awarded), Criminal Justice - Law Enforcement Administration (54 degrees), and Elementary Education & Teaching (38 degrees).

In 2017, 326 degrees were awarded across all undergraduate and graduate programs at Lees-McRae College. 69.3% of these degrees were awarded to women, and 30.7% awarded men. The majority of degree recipients were white (228 degrees), 3.68 times more than then the next closest race/ethnicity group, unknown (62 degrees).

The median undergraduate tuition at Lees-McRae College is $24,878, which is $-316 less than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Lees-McRae College is $24,878, which is $-316 less than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $21,832.

In 2017, 99% of undergraduate students received federal grants, while 77% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$24,878

2017 Undergraduate Tuition

In 2017, the cost of tuition at Lees-McRae College was $24,878. The cost of tuition at Lees-McRae College is $-316 less than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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Average Net Price

$21,832

2017 Value

9.97%

1 Year Growth

In 2017 Lees-McRae College had an average net price — the price paid after factoring in grants and loans — of $21,832. Between 2016 and 2017, the average net price of Lees-McRae College grew by 9.97%.

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

$10,392

Room and Board

$550

Books and Supplies

The average yearly cost of room and board at Lees-McRae College was of $10,392 in 2017. During the same period, the average yearly cost of books and supplies was $550. The cost of room and board increased by 2.93% between 2016 and 2017. The cost of books and supplies decreased by 54.2% during the same period.

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Financial Aid

Financial Aid by Income Level

99%

Of Undergraduates Receive Grants

77%

Of Undergraduates Receive Federal Loans

99% of undergraduate students at Lees-McRae College received grants or loans in 2017. This represents a decline of 1% with respect to 2016, when 100% 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.

7.12%

2016 Default Rate

24

Number of Defaults

In 2016 the default rate for borrower's at Lees-McRae College was 7.12%, which represents 24 out of the 337 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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Admissions

Lees-McRae College received 1,190 undergraduate applications in 2017, which represents a 22.3% annual decline. Out of those 1,190 applicants, 842 students were accepted for enrollment, representing a 70.8% acceptance rate.

There were 921 students enrolled at Lees-McRae College in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Lees-McRae College has an overall enrollment yield of 24.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.8%

Acceptance Rate in 2017

842

Accepted Out of 1,190

In 2017, the undergraduate acceptance rate of Lees-McRae College was 70.8% (842 admissions from 1,190 applications). This is higher than the acceptance rate of 2016, which was 63%. Between 2016 and 2017, the number of applicants declined by -22.3%, while admissions declined by -12.7%.

This chart compares the acceptance rate of Lees-McRae College (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Lees-McRae College in 2017 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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Enrollment

Lees-McRae College has a total enrollment of 921 students. The full-time enrollment at Lees-McRae College is 891 students and the part-time enrollment is 30. This means that 96.7% 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% White, 6.41% Hispanic or Latino, 6.19% Black or African American, 1.41% Two or More Races, 0.76% American Indian or Alaska Native, 0.326% Asian, and 0.109% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lees-McRae College in full-time Undergraduate programs are majority White Female (50.5%), followed by White Male (21.3%) and Hispanic or Latino Female (3.7%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

96.7%

Full-Time Enrollment

The total enrollment at Lees-McRae College, both undergraduate and graduate, is 921 students. The full-time enrollment at Lees-McRae College is 891 and the part-time enrollment is 30. This means that 96.7% of students enrolled at Lees-McRae College are enrolled full-time compared with 80.6% 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

64%

2017 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 64%. 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

    663

  2. Hispanic or Latino

    59

  3. Black or African American

    57

The enrolled student population at Lees-McRae College is 72% White, 6.41% Hispanic or Latino, 6.19% Black or African American, 1.41% Two or More Races, 0.76% American Indian or Alaska Native, 0.326% Asian, and 0.109% 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 54.9% White, 14% Black or African American, and 12.6% 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, 97 students (10.5%) did not report their race.

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Graduates

In 2017, 126 more women than men received degrees from Lees-McRae College. The majority of degree recipients at Lees-McRae College are white (228 degrees awarded). There were 3.68 times more white graduates than the next closest race/ethnicity group, unknown (62 degrees).

The most common Bachelor's Degree concentration at Lees-McRae College is Registered Nursing (95 degrees awarded), followed by Criminal Justice - Law Enforcement Administration (54 degrees) and Elementary Education & Teaching (38 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 (54 degrees awarded), Biology (45 degrees), and Parks, Recreation, & Leisure (18 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lees-McRae College are Elementary & middle school teachers (1,945,855 people), Physicians (394,872 people), Secondary school teachers (329,485 people), Education administrators (287,322 people), and Other managers (218,699 people).

The most specialized majors at Lees-McRae College are Protective Services (54 degrees awarded), Biology (45 degrees), Parks, Recreation, & Leisure (18 degrees), Public Administration and Social Service (17 degrees), and Education (38 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, Geoscientists and hydrologists, except geographers, Chief executives & legislators, and Cardiovascular technologists and technicians

The most specialized majors at Lees-McRae College are Protective Services (54 degrees awarded), Biology (45 degrees), Parks, Recreation, & Leisure (18 degrees), Public Administration and Social Service (17 degrees), and Education (38 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 (2,900,238 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (625,557 people), Colleges, universities & professional schools, including junior colleges (488,693 people), Justice, public order, & safety activities (382,598 people), and Offices of physicians (210,197 people).

The most specialized majors at Lees-McRae College are Protective Services (54 degrees awarded), Biology (45 degrees), Parks, Recreation, & Leisure (18 degrees), Public Administration and Social Service (17 degrees), and Education (38 degrees).

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Degrees

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.

In 2017, the most common bachelors degree concentration at Lees-McRae College was Registered Nursing with 95 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 100

  2. 226

In 2017, 100 degrees were awarded to men at Lees-McRae College, which is 0.442 times less than the number of degrees awarded to females (226).

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

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Most Common Male Majors

In 2017, 37 degrees were awarded to men at Lees-McRae College in Criminal Justice - Law Enforcement Administration, which is 2.18 times more than the 17 female recipients with that same degree.

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Most Common Female Majors

In 2017, 88 degrees were awarded to women at Lees-McRae College in Registered Nursing, which is 12.6 times more than the 7 male recipients with that same degree.

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Time to Complete

30%

100% Completion Time

37%

150% Completion Time

In 2017, 30% 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 37% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (55.3%)

The student demographic with the highest graduation rate at Lees-McRae College is Female and White (55.3% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 65.9% of graduates (58 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    228 degrees awarded

  2. Unknown

    62 degrees awarded

  3. Black or African American

    11 degrees awarded

The most common race/ethnicity at Lees-McRae College is white (228 degrees awarded). There were 3.68 times more white recipients than the next closest race/ethnicity group, unknown (62 degrees).

19% of degree recipients (62 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    172 degrees awarded

  2. White Male

    56 degrees awarded

  3. Asian Male

    7 degrees awarded

The most common race/ethnicity and gender grouping at Lees-McRae College is white female (172 degrees awarded). There were 3.07 times more white female recipients than the next closest race/ethnicity group, white male (56 degrees).

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Operations

Lees-McRae College has an endowment valued at nearly $22.6M, as of the end of the 2017 fiscal year. The return on its endowment was of $435k (1.92%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Lees-McRae College had a total expenditure of $18.8M. Of that $18.8M, they spent $7.8M on salaries and $18.8M on benefits.

Lees-McRae College employs 21 Assistant professors, 19 Instructors, and 10 Professors. Most academics at Lees-McRae College are Female Instructors (13), Female Assistant professors(13), and Male Assistant professors (8).

The most common positions for non-instructional staff at Lees-McRae College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 30 employees, Office and Administrative Support, with 25 employees, and Service with 18 employees.

Finances

Endowment

$22.6M

2017 Endowment

11.4%

growth from 2016

Lees-McRae College has an endowment valued at about $22.6M, as of the end of the 2017 fiscal year. The endowment of Lees-McRae College grew 11.4% from the previous year. The value of their endowment was $14.5M 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. $169k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Lees-McRae College received $169k 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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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$7.8M

Salary Expenditure

$18.8M

Benefits Expenditure

In 2017, Lees-McRae College had a total expenditure of $18.8M. Of that $18.8M, they spent $7.8M on salaries and $18.8M on benefits.

The bar chart shows the share of the primary expenses at Lees-McRae College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Lees-McRae College as a share of total expenditure.

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Salary Expenditure

$7.8M

2017 Salaries

9.73%

growth from 2016

In 2017, Lees-McRae College paid a median of $7.8M in salaries, which represents 41.4% of their overall expenditure ($18.8M) and a 9.73% growth from the previous year. This is compared to a 10.3% growth from 2015 and a 5.15% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$2.63M

Instructional Salaries

57

Number of Employees

In 2017, Lees-McRae College paid a total of $2.63M to 57 employees working as instructors, which represents 33.8% of all salaries paid.

This is compared to a median of $3.02M (30.9%) for similar Baccalaureate Colleges: Diverse Fields.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

21 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

30 Employees

In 2017, the most common positions for instructional staff at Lees-McRae College were Assistant professor with 21 employees; Instructor with 19 employees; and Instructor with 10 employees.

In 2017, the most common positions for non-instructional staff at Lees-McRae College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 30 employees; Office and Administrative Support with 25 employees; and Service with 18 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Instructor

  2. Female Assistant professor

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at Lees-McRae College was Female Instructor with 13 employees, Female Assistant professor with 13 employees, and Male Assistant professor with 8 employees.

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

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