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Institutional Aid
Need-Based Institutional Grants
If your combined loans, campus employment and
outside scholarships do not cover all of your financial need, you may
receive an institutional need-based grant. The amount of the grant is
based entirely on your family's financial situation; there is no
predetermined minimum or maximum.
Institutional Scholarships
Institutional scholarships are awarded up to $9000
based on academic achievement, leadership, and financial need. These
scholarships are awarded by the Office of Admissions and managed through
the Office of Financial Aid. Students apply for these scholarships by
completing an Application for Admission and supplying all requested
documents. Recipients must maintain full-time status to keep their
award. They are renewable for four years. To continue receiving
institutional scholarships beyond the fourth academic year, students
must submit an appeal in writing to the Office of Financial Aid for
consideration.
Tuition Exchange
Eligibility for Tuition Exchange, is determined by
the employing (home) institution. The employment status, years of
service priority status or limitations for families seeking to send more
than one family member, etc. are all established by the home
institution. The eligibility guidelines can be obtained from the liaison
officer at your school and are often published in benefit guides, the HR
webpage and other personnel materials. The Financial Aid Office at
Lees-McRae has provided an
overview
of the Tuition Exchange program and a
Question and Answer sheet on the Tuition Exchange program in the
links provided.
Lees-McRae College participates in three Tuition
Exchange Programs. Information can be found through the following
Tuition Exchange Programs:
The liaison officer for the Tuition Exchange Program
at Lees-McRae College is Cathy Shell, Director of Financial Aid. If you have any questions regarding the TE program or need an
application, please contact Cathy Shell, Director of Financial Aid at 828 898-8740
shell@lmc.edu
Elizabeth McRae Scholarship
Edgar Tufts, the founder of Lees-McRae College,
named the college in honor of Mrs. Elizabeth McRae, a dedicated church
worker, teacher, and home missionary from Maxton, North Carolina. This
is the largest single scholarship awarded by Lees-McRae College,
covering the full tuition for a full-time student. Two of these
scholarships are available for freshmen entering the college in the Fall
semester.
Recipients of the Elizabeth McRae Scholarship are
chosen from all students invited to attend Scholar’s Day. After a series
of interviews and testing the top two performers are selected as
recipients. The scholarship covers tuition and is renewable for four
years as long as the recipients maintain a minimum 3.0 GPA.
Performance and Talent Awards
These awards are based on auditions or tryouts. They
are competitive and are available from the Division of Performing Arts
and the Athletic Department. Contact those areas for further
information.
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