Lees-McRae's tuition & fees has increased from $24,150 (2014) to $31,140 (2024), and the rate of tuition increase is 28.94% over the past 10 years. The graduate school tuition & fees has raised from - (year 2014) to $9,750 (year 2024).
The 2024 tuition & fees have risen more than 5% this year (2024) at Lees-McRae College.
Lees-McRae's tuition increase rate is higher than the North Carolina's average increase rate of 4.51%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 24.85% from 2014 ($39,960).
For the current academic year 2023-2024, Lees-McRae's COA is $49,890, which is increased by 6.74% from last year.
The following table and chart show changes to Lees-McRae's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 28.94% for the last 10 years , and the 2024 tuition & fees are $31,140. The following table and chart show the tuition & fees changes at Lees-McRae College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $600, and it has decreased -50.00% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
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| 2015-16 | $1,200 | |
|---|
| 2016-17 | $550 | -54.17% |
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| 2017-18 | $750 | 36.36% |
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| 2018-19 | $550 | -26.67% |
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| 2019-20 | $550 | |
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| 2020-21 | $600 | 9.09% |
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| 2021-22 | $600 | |
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| 2022-23 | $600 | |
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| 2023-24 | $600 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 27.55% when a student lives on-campus facilities and 24.15% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Lees-McRae College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $14,610 | $16,750 | - |
|---|
| 2015-16 | $15,136 | $17,386 | 3.60% |
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| 2016-17 | $15,432 | $17,682 | 1.96% |
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| 2017-18 | $16,052 | $18,412 | 4.02% |
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| 2018-19 | $16,372 | $18,732 | 1.99% |
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| 2019-20 | $16,421 | $18,221 | 0.30% |
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| 2020-21 | $16,774 | $16,774 | 2.15% |
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| 2021-22 | $13,750 | $14,150 | -18.03% |
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| 2022-23 | $16,700 | $18,700 | 21.45% |
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| 2023-24 | $18,150 | $20,150 | 8.68% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Lees-McRae College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Lees-McRae College | $31,740 | $29,440 | 7.81% |
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|
| Duke University | $65,805 | $62,688 | 4.97% |
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|
| Wake Forest University | $64,758 | $62,128 | 4.23% |
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|
| Elon University | $44,536 | $42,241 | 5.43% |
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| High Point University | $44,208 | $41,916 | 5.47% |
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| Campbell University | $40,410 | $39,230 | 3.01% |
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