Overview
Lake Forest College is a private, non-profit 4-year college located in Lake Forest, Illinois. There are currently 1,782 undergraduates at Lake Forest and the school’s acceptance rate is 59%. The tuition at Lake Forest is $54,202.
Suburb
Scholarships & Financial Aid
$71,350
$43,851
$27,499
Cost Breakdown
Estimated Cost:
$71,350The sticker price at Lake Forest is $71,350. This includes the cost of tuition and fees, room and board, books and supplies, and other miscellaneous expenses.
The cost of attendance can vary from year to year and will typically rise over your four years in college. That said, colleges will recalculate your financial aid every year to take price increases and changes in your financial situation into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Lake Forest would look like for you, try entering your financial information into their Net Price Calculator.
Lake Forest College Financial Aid
To apply for financial aid at Lake Forest you’ll need to submit the Free Application for Federal Student Aid (FAFSA) as well as the CSS Profile.
The FAFSA and CSS Profile use financial information from the prior, prior year. That means you can submit the forms even if you or your parents haven’t filed last year’s taxes.
The FAFSA code for Lake Forest is 001706 and the CSS Profile Code is 1392.
The FAFSA is completely free, while the CSS Profile charges a fee for each college you send it to. If you have demonstrated financial need, you may qualify for a CSS Profile fee waiver.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, check out these resources:
Using State Grants at Lake Forest
Illinois residents considering Lake Forest should be sure to look into the MAP program. In-state students who demonstrate financial need can qualify for MAP grant money from the state as long as the program is on the list of approved colleges. The program can pay up to $8,400 per year towards your education. Approved schools include both public and private options.
Apply to these scholarships due soon
See more Illinois scholarshipsPell Grants at Lake Forest College
31% of students at Lake Forest College receive Pell Grants.
The federal government awards Pell Grants to undergraduate students who demonstrate financial need by filling out the FAFSA. Students with a bachelor’s or professional degree are not eligible. Pell Grants do not be repaid. If you receive a Pell Grant, the award amount should remain consistent at any college you gain admission to. You can learn more about Pell Grant eligibility here.
Outside Scholarships
Students can use outside scholarships to supplement their financial aid package at Lake Forest. Outside scholarships are awards offered by private and non-profit organizations separate from their college. To browse vetted, reliable outside scholarships, check out our popular lists:
Admissions
59%
29
Does Lake Forest College charge an application fee?
Good news! Lake Forest College does not charge application fees, so you can apply for free. If you think there is any chance you’d like to attend Lake Forest College, consider sending in an application since it will not cost you anything.
Is Lake Forest test-optional?
Lake Forest College is test-optional, which means that applicants are permitted, but not required, to submit their standardized test scores. If you choose not to submit your scores, admissions officers will weigh your grades, extracurriculars, essays, and interviews more heavily. If you aren’t sure whether to submit your standardized test scores, Scholarships360’s guide on whether to submit your test scores to test-optional schools can help.
Early Decision II
Regular Decision
Early Decision I
What is the application deadline at Lake Forest?
Students must apply by February 15 to enroll at Lake Forest during the fall semester. Remember that college applications involve many pieces, including essays, a transcript, letters of recommendation, and more. Be sure to start your application as soon as you can to make sure you have enough time to make it as compelling as possible.
At Lake Forest students also have the opportunity to apply Early Decision. In order to take advantage of this option, you’ll have to have your application in by November 1.
You can also choose to apply Early Decision II, with a later deadline of January 15.
Academics
Student/Faculty Ratio
12:1
Graduation Rate
70%
Popular Majors
Percent of Students
Business, Management, & Marketing
20%
20% of graduates
Biological & Biomedical Sciences
16%
16% of graduates
Social Sciences
15%
15% of graduates
Psychology
12%
12% of graduates
Natural Resources & Conservation
5%
5% of graduates
English Language & Literature
5%
5% of graduates
Communications & Journalism
4%
4% of graduates
Computer & Information Sciences
4%
4% of graduates
Philosophy & Religious Studies
4%
4% of graduates
Physical Sciences
3%
3% of graduates
Visual & Performing Arts
3%
3% of graduates
Liberal Arts & Humanities
2%
2% of graduates
History
2%
2% of graduates
Mathematics
2%
2% of graduates
Languages & Literatures
1%
1% of graduates
Multi/Interdisciplinary Studies.
1%
1% of graduates
Area, Ethnic, Cultural, & Gender Studies
1%
1% of graduates
Student Body
Undergraduate Students
1,782
Pell Grant 35%
Undergrad Students Over 25 3%
Part-Time Undergrad Students 1%
Percent Male / Female 42% / 58%
Ethnic Diversity at Lake Forest
47% White
19% Hispanic
18% International / Non-Citizen
6% Asian / Pacific Islander
3% Multiracial
3% Black
3% Unknown
Student Outcomes
Graduate Income
$61,825
Median Debt $26,158
Debt 10 years after graduation $277
Graduation Rate 70%
What is the graduation rate at Lake Forest College?
70% of students who start at Lake Forest College finish their degree within six years of enrolling. This is 12% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Lake Forest College go on to earn?
The median income of students 10 years after starting at Lake Forest College is $61,825. This is $11,434 more than the national median.
This data is from the College Scorecard, which only surveys students from Lake Forest College who received federal financial aid.
Graduate earnings can vary widely based on many factors other than school choice. Major and career path are two important factors in how much a student goes on to earn. For more information, check out Scholarships360’s article on the average starting salary out of college.
How much do students at Lake Forest take out in loans?
Graduates of Lake Forest take out a median of $26,158 in federal student loans. This is $12,658 more than the national median. As you make decisions about your college loans, be sure to inform yourself on the advantages and disadvantages of each loan option. Scholarships360’s guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
If you represent Lake Forest College and would like to make any corrections or supplement your college profile with additional information, you can fill out our free Premium Profile questionnaire here.
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