Cost Details
- In-State Tuition
- $54,202
- Out-of-State Tuition
- $54,202
- Average Net Price
- $27,499
- Students Receiving Financial Aid
- 35.2%
- Room & Board (On Campus)
- $12,480
- Room & Board (Off Campus)
- $12,480
- Books & Supplies
- $1,350
- Total Cost of Attendance
- $68,032
- Median Debt at Graduation
- $26,158
- Estimated Monthly Loan Payment
- $277/mo
- Loan Repayment Rate
- 77.2%
- Students Taking Federal Loans
- 70.8%
- Pell Grant Recipients
- 35.2%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $19,067 |
| $30,001 – $48,000 | $19,086 |
| $48,001 – $75,000 | $23,694 |
| $75,001 – $110,000 | $28,799 |
| $110,001+ | $34,614 |
Cost Estimator
Cost Overview
Despite a sticker price exceeding $68,000, most Lake Forest families pay far less thanks to substantial aid packages. The average net price drops to $27,499, meaning a four-year degree costs around $110,000 for typical students. Lower-income families benefit most dramatically - those earning under $30,000 pay just $19,067 annually. Even families making $75,000-$110,000 see their costs reduced to $28,799 per year.
The college's generous aid strategy keeps debt manageable for a private liberal arts education. Graduates carry a median debt of $26,158, translating to monthly payments of $277. With median earnings of $61,825 ten years out, most alumni can handle these payments comfortably. The best deal goes to students from modest backgrounds who qualify for need-based aid - they access Lake Forest's strong alumni network and Chicago proximity without crushing debt loads.
The college's generous aid strategy keeps debt manageable for a private liberal arts education. Graduates carry a median debt of $26,158, translating to monthly payments of $277. With median earnings of $61,825 ten years out, most alumni can handle these payments comfortably. The best deal goes to students from modest backgrounds who qualify for need-based aid - they access Lake Forest's strong alumni network and Chicago proximity without crushing debt loads.
Official Net Price Calculator
Get a personalized cost estimate from Lake Forest College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.