Lake Forest College

Private, Four-years School Located in Lake Forest, IL

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How much is the Lake Forest tuition? For the academic year 2023-2024, Lake Forest's tuition & fees is $54,202.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $70,100 when a student lives on-campus.

Lake Forest Tuition & Expenses

2022-2023 Rate
Tuition & Fees$54,202
Books & Supplies Costs$1,140
On-campus Room & Board$11,898
On-campus Expenses$2,860
Off-campus Room & Board$11,898
Off-campus Expenses$2,860
2023-2024 Estimates
Tuition & Fees$57,603

How Much Does it Cost to Go to Lake Forest for 4 Years?

For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $230,459 at Lake Forest. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $293,274. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $120,692.
The following table computes the 4 years tuition and COA by class of year.
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2023-24)$55,534$70,661$29,073
Sophomore (2024-25)$56,899$72,404$29,794
Junior (2025-26)$58,297$74,190$30,533
Senior (2026-27)$59,729$76,020$31,290
4 Years Total$230,459$293,274$120,692
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2024-25)$56,899$72,404$29,794
Sophomore (2025-26)$58,297$74,190$30,533
Junior (2026-27)$59,729$76,020$31,290
Senior (2027-28)$61,197$77,895$32,066
4 Years Total$236,122$300,508$123,684
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2025-26)$58,297$74,190$30,533
Sophomore (2026-27)$59,729$76,020$31,290
Junior (2027-28)$61,197$77,895$32,066
Senior (2028-29)$62,701$79,816$32,862
4 Years Total$241,924$307,920$126,752
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2026-27)$59,729$76,020$31,290
Sophomore (2027-28)$61,197$77,895$32,066
Junior (2028-29)$62,701$79,816$32,862
Senior (2029-30)$64,242$81,785$33,676
4 Years Total$247,869$315,515$129,895
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2027-28)$61,197$77,895$32,066
Sophomore (2028-29)$62,701$79,816$32,862
Junior (2029-30)$64,242$81,785$33,676
Senior (2030-31)$65,820$83,802$34,511
4 Years Total$253,961$323,298$133,116

Average Tuition By School Type and Comparison

Compared to four-years schools nationwide, Lake Forest' tuition is much higher than the average tuition of $20,937. Compared to private, four-years colleges in Illinois, its tuition is much higher than the average tuition of $21,542.
In-StateOut-of-State
Lake Forest College$54,202
U.S. Four-years Colleges$18,672
Public Schools$7,199$12,960
Private Schools$20,937
Illinois Four-years Colleges$19,795
Public Schools$10,585$13,638
Private Schools$21,542

Compare Similar School's Tuition

The next table compares the tuition & fees between Lake Forest and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
LocationUndergraduateGraduate
Lake Forest CollegeLake Forest, IL$54,202$16,212
Principia CollegeElsah, IL$33,280-
Illinois CollegeJacksonville, IL$37,470$9,200
Augustana CollegeRock Island, IL$49,834$34,660

Financial Aid and COA

At Lake Forest College, 1,660 students (100%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $40,590.
After receiving financial aid, the cost of attendance (COA) at Lake Forest is $29,510 for students living on-campus and $29,510 for students living off-campus.
For beginning students (i.e. first-time freshmen), 416 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $37,907 and the average amount of student loans is $7,013.
The financial aid data is based on 2021-2022 statistics from IPEDS.
COA (on-campus)$70,100
COA (off-campus)$70,100
Tuition & Fees$54,202
Indirect Costs (on-campus)$15,898
Indirect Costs (off-campus)$15,898
COA (on-campus) after Receiving Aid$29,510
COA (off-campus) after Receiving Aid$29,510
Average Financial Aid$40,590
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Grant or Scholarship1,660100%$40,590
Pell Grants58835%$5,122
Federal Student Loan1,20072%$7,038
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Financial Aid416100%-
Grants or Scholarships416100%$37,907
Federal Grants11528%$6,272
Pell Grants11427%$5,057
Other Federal Grants11528%$1,259
State/Local Grants8821%$5,496
Institutional Grants416100%$35,010
Student Loan Aid30072%$7,013
Federal Student Loans30072%$5,559
Other Student Loans276%$16,150

Admission Stats and Requirements to Apply

Lake Forest's acceptance rate is 64.43%. A total of 4,358 applicants applied to and 2,808 students were accepted. Of the admitted students, 417 enrolled finally, and the yield (i.e. enrollment rate) is 14.85%.
To apply to Lake Forest, 5 items are required - Secondary school GPA, Secondary school record, Completion of college-preparatory program, Recommendations and TOEFL (Test of English as a Foreign Language). SAT and ACT scores are considered during the admissions process but are not required to be submitted.
TotalMenWomen
Applicants4,3581,920$2,438
Admitted2,8081,176$1,632
Enrolled417200$217
Acceptance Rate64.43%61.25%66.94%
Yield (Enrollment Rate)14.85%17.01%13.30%
Secondary school GPARequired
Secondary school rankConsidered But Not Required
Secondary school recordRequired
Completion of college-preparatory programRequired
RecommendationsRequired
Formal demonstration of competenciesNeither Required Nor Recommended
Admission test scoresConsidered But Not Required
TOEFL (Test of English as a Foreign Language)Required
Other Test (Wonderlic, WISC-III, etc.)Neither Required Nor Recommended

SAT and ACT Scores

The SAT and ACT scores are considered but not required to apply to Lake Forest. The average SAT score of the enrolled first-time students is 1,238 and the average ACT score (ACT composite) is 29.
Its SAT score is slightly higher than the national average score of 1,168. The ACT score is slightly higher than the national average score of 24.
Average25th75th
SAT Total1,2381,1301,345
National Average1,168
Illinois Average1,140
SAT EBRW618570665
SAT Math620560680
ACT Composite292631
National Average24
Illinois Average25
ACT Math272430
ACT English292433

Student Population

Lake Forest College has a total of 1,753 students including 1,727 undergraduate and 26 graduate students. By gender, there are 702 male students and 988 female students attending Lake Forest.
TotalMaleFemale
Total1,690 702988
Undergraduate1,661 692969
Graduate29 1019

Directory & Academic Information

Directory Information
Address555 N Sheridan Road, Lake Forest, IL
Phone847-234-3100
WEBwww.lakeforest.edu/
Degree & Programs
DegreeUndergraduate, Graduate
Program Offered42 Programs
Graduate Program Offered4 Graduate Programs
Academic Stats
Acceptance Rate59.72%
Yield15.97%
Student Population1,753
Graduation Rate77%
Transfer-out Rate16%
Retention Rate85% (Full-time), 100% (Part-time)
Students to Faculty Ratio Rate12 to 1
Faculty & Staffs
Number of Faculties104 (Full-time), 75 (Part-time)
Number of Staffs279 (Full-time), 117 (Part-time)
Average Faculty Salary$76,724
Average Staff Salary$70,665