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National Application Center :: campus tours :: Lake Forest College costs & financial aid

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Lake Forest College

Lake Forest College
555 North Sheridan Road
Lake Forest, IL 60045

Official telephone: (847) 234-3100
Fax number: (847) 735-6271
Website: https://www.lakeforest.edu/
Screen last updated on: December 2024

The financial aid information below is valid for the 2024 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://
www.lakeforest.edu/
admissions/financial-aid/
net-price-calculator

EXPENSES
Undergraduate tuition: $55,500; $55,500 out-of-state
Book fees: $1,350
Miscellaneous expenses: $1,150
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $12,700

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1noN/A

Date award notification begins: December 1
Applied for financial aid:
95% of first-year students
94% of full-time undergraduates
Determined to have financial need:
89% of first-year students
86% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
83% of first-year students
85% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
50% of first-year students
44% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
92% for first-year students
90% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$53,993 for first-year students
$52,750 for full-time undergraduates
Average need-based gift award:
$50,785 for first-year students
$48,720 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,852 for first-year students
$4,703 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,356 for first-year students
$4,565 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
16% of first-year students
20% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$33,300 for first-year students
$31,550 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.