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Lees Mcrae College Consolidation Loans

Lees Mcrae College graduates have an average of $14,340.00 in federal student loans to consolidate upon graduation and could lower their monthly payment an average of $37 and save $446 per year by consolidating their student loans. To estimate your own monthly savings, try our student loan consolidation calculator.

Lees Mcrae College Consolidation Index

Lees Mcrae College, Banner Elk, NC, 28604-0128

By the Numbers

  • Total tuition, room, and board (cost of attendance): $20,932.00
  • Percentage increase in expenses, year over year: 2.25%
  • Estimated cost of attendance in 4 years: $22,880.42

Average Financial Aid Received

  • Federal grant aid: $3,252.00
  • State grand aid: $3,369.00
  • Institutional grant aid: $6,965.00
  • Federal student loan aid: $3,585.00
  • Estimated out of pocket cost: $9,595.96

Potential Lees Mcrae College School Loan Consolidation Debt

  • Federal student loan debt after 4 years: $14,340.00
  • Private student loan debt 4 years: $59,472.15

Estimates provided are based on a series of assumptions, including the loan balance being comprised entirely of subsidized federal student loans that do not accrue interest during school. Payment estimates are based on the current fixed Stafford loan rate of 6.8%. Private loan balances are estimated based on 100% of out of pocket expenses being covered with private student loans at 10% interest, capitalized yearly, compounded quarterly.

Lees Mcrae College Financial Aid Options

If you are or will be attending Lees Mcrae College, you may want to investigate financial aid options to pay for college. Here are some resources to learn more:

Financial Aid Options

After Graduation:

This guide is assembled with information provided by the Department of Education and is entirely automated. The appearance of Lees Mcrae College school loan consolidation listing does not constitute endorsement of any Student Loan Network service by Lees Mcrae College.