Net Price Calculator: Introduction
Lake Forest College is committed to making college affordable for our students and their families. The Net Price Calculator allows families to see an historical example of average net cost for attending Lake Forest. All applicants for need-based and merit-based aid are evaluated on an individual basis.
What is the calculator?
The Net Price Calculator shows you an average historic net cost for attending Lake Forest College, based on actual information for the First Year class from Fall 2009. The total cost of attendance includes tuition, fees, room and board (if applicable), and estimates for books, travel, and other supplies. The net cost is the result after subtracting the average amount of grants and scholarships received by students in that year. Grants and scholarships reduce the cost of college and do not need to be repaid. The calculation for average grants and scholarships includes federal, state, outside awards, and Lake Forest College need-based and merit-based aid.
How do I use it?
You will be asked a series of questions about your household financial situation, where you intend to live, if you have brothers or sisters in college, etc. These are questions that the Federal Government uses in determining your financial need. They mimic some elements of the FAFSA (Free Application for Federal Financial Aid). At the end, you will be shown a number which was the average net price for a student enrolled at Lake Forest Fall 2009 with those similar characteristics.
This result is not a guarantee of a net price for attending Lake Forest College. The College takes into account both financial need and merit when awarding grants and scholarships. Merit scholarships are awarded for academic achievement and demonstrated talent in specific areas.
The College can provide additional resources for families, loans and monthly payment options, that help make the cost of higher education more manageable.
International students should contact the Admissions Office for more specific information about scholarships available.
Start your process by clicking on the above link.