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Can You Afford to Attend Lake Forest College?

Here’s the full picture on paying for Lake Forest College, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.

$68,191.00 Cost of Attendance
$28,673.00 Avg Net Price
$21,500.00 Median Grad Debt

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The Cost of Attending Lake Forest College?

The total published cost of attendance at Lake Forest College comes to about $68,191.00 a year.

The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.

Cost for Students (no aid)

Tuition and fees $56,402.00
+ Room, board & other expenses $11,789.00
Total cost $68,191.00
That is 108% above the national average net price.

After-Aid Net Price for Students (with average aid)

Total cost $68,191.00
− Grants and scholarships −$41,982.00
Net price $26,209.00
That is 20% below the national average net price.

Net Price for Low-Income Undergraduates

Total cost $68,191.00
− Grants and scholarships −$51,050.00
Net price $17,141.00
That is 48% below the national average net price.
Want the line-by-line detail? Dig into tuition and fees plus living costs.

Estimating the Total Cost of a Degree at Lake Forest College

Published costs have climbed year over year by around 3.4% per year; the projections below compound that across a degree. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. The loan rows amortise the projected total over a ten-year, 6.8% repayment.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.4% 3.4% 3.4%
Freshman year $17,726.00 $27,104.00 $70,519.00
Senior year $19,604.00 $29,975.00 $77,991.00
Total 4-year net price $74,619.00 $114,094.00 $296,852.00
10-year loan interest @ 6.8% $28,427.00 $43,466.00 $113,090.00
Total monthly payment $859.00 $1,313.00 $3,416.00
Total amount paid $103,046.00 $157,560.00 $409,942.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.4% 3.4% 3.4%
Freshman year $17,726.00 $27,104.00 $70,519.00
Senior year $18,331.00 $28,029.00 $72,926.00
Total 2-year net price $36,057.00 $55,133.00 $143,445.00
10-year loan interest @ 6.8% $13,737.00 $21,004.00 $54,648.00
Total monthly payment $415.00 $634.00 $1,651.00
Total amount paid $49,794.00 $76,136.00 $198,093.00

For the complete net-price picture, see the Net Price section.

After-Aid Net Price at Lake Forest College

The net price figure shows the cost after grants and scholarships are deducted. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.

Average net price (on-campus) $28,673.00
Average net price (off-campus) $27,499.00

Net price varies sharply by family income, dropping as need-based aid grows. Below, average net price is broken out by family income:

Family income Average net price
Under $30,000 $19,067.00
$30,000 to $48,000 $19,086.00
$48,001 to $75,000 $23,694.00
$75,001 to $110,000 $28,799.00
Over $110,000 $34,614.00

Estimate your specific net price using the school’s Lake Forest College Net Price Calculator, or visit the financial aid office.

Want to know how that aid is awarded? See the financial aid breakdown.

Borrowing and Debt at Lake Forest College

The typical debt load for borrowers leaving Lake Forest College amounts to $21,500.00, which the Department of Education classifies as a Moderate ($20-30k) burden tier.

The percentile spread of debt at graduation is shown below:

Percentile Debt at graduation
10th $5,500.00
25th $14,500.00
Median (50th) $21,500.00
75th $28,000.00
90th $40,500.00

The gap between 10th and 90th percentile borrowers gives a sense of how uneven debt outcomes are.

For the full borrowing and repayment picture, see the student-loan-debt breakdown.

Debt by Family Income at Lake Forest College

Student debt at graduation is not evenly distributed across income levels. The figures below split graduating borrowers into three income brackets:

Family income Median debt at graduation
Low income $21,267.00
Middle income $19,500.00
High income $23,250.00

How Debt Varies by First-Generation Status at Lake Forest College

First-generation college students often carry different debt loads than their continuing-generation peers.

Student group Median debt at graduation
First-generation students $20,000.00
Continuing-generation students $23,250.00

Loan Default & Repayment at Lake Forest College

The federal default-rate tier for Lake Forest College is Low (<5%).

Window Cohort default rate
2-year 2.1%

For context on the loan portfolio, Stafford disbursements at Lake Forest College add up to $82,864,210.00 distributed across 4,818 student borrowers.

Military and Veteran Aid at Lake Forest College

Veterans and active-duty servicemembers can tap dedicated federal aid programs such as the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill recipients 11
Avg GI Bill amount $26,083.00

Dig into veteran education benefits on the veterans benefits detail.

Questions Worth Asking

Numbers only tell part of the story. As you weigh Lake Forest College, consider the following:

For a closer look at any of these topics, follow the links below:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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