Student Accounts

students talking outside

Semester billing statements will only be available online via the my.lakeforest.edu portal.

Tuition and Fee Reminder

Tuition $ 58,902.00 ($ 29,451.00 each semester) – 2025-2026.

Tuition, room and board along with other fees & charges are due each semester. If you would like a payment plan, you must sign up for a new plan each semester. 

Fall Semester: Payments due on August 15th

  • Forester Payment Plan (FPP) – Payment Plan options begin in January. There is a $ 60.00/per semester sign-up fee to begin a payment plan.
  • Make a One-Time Payment – eCheck, Credit Card, Debit Card & ACH.
  • Wire Transfer – Multiple options available.
  • International Payments – Multiple options available. 

NOTE: Payments made with a US credit or debit card are subject to a service fee. Payments made with an international credit or debit card are subject to a service fee. There is a $3.00 minimum service fee for all credit and debit card payments. There is NO service fee for payments made by e-check from a checking or savings account. 

Spring Semester: Payments due on January 15th

  • Forester Payment Plan (FPP) – Payment Plan options begin in January. There is a $ 60.00/per semester sign-up fee to begin a payment plan.
  • Make a One-Time Payment – eCheck, Credit Card, Debit Card & ACH.
  • Wire Transfer – Multiple options available.
  • International Payments – Multiple options available. 

Late Fees

Any account not enrolled in a payment plan or paid in full by August 15th in the fall and January 15th in the spring, will be subject to a $ 100.00 late fee. For each month thereafter a $ 25.00 late fee will apply.

Students with a balance greater than $ 500.00 may be prevented from registering for subsequent semesters, receiving transcripts, or diplomas. 

Registration Reminders

Returning students

Returning students must have their account in good standing to be eligible to register for future semesters. Accounts not current and in good standing will be placed on ‘Financial/Registration Hold’ and must be cleared by the Business Office.

NOTE: Students not returning need to notify the Dean of Students’ office, to avoid charges/penalties on their student account.

Financial/Registration Hold

Students with Financial/Registration Holds must come to Student Accounts in the Business Office and make payment arrangements. Students with holds and do not clear the hold by the first day of classes will be assessed additional fees and may jeopardize their registration from being cancelled immediately.

Important Notice

While returning students pre-register for the next semester, registration is not confirmed until all financial obligations have been satisfied. This includes all previous term balances including but not limited to summer terms. 

Financial Aid   

Until registration, all financial aid is applied in preliminary status only. You will see your anticipated loan proceeds on your statement during this preliminary time, net of any lender's fees. After registration is final each semester, the institutional and federal grants are disbursed. At that time, the preliminary status loans and outside scholarships “disappear” and are applied to the account when the proceeds are actually received.

Remember your family contribution as shown on your award letter from Financial Aid is estimated and (if you are living on-campus) includes the cost of a standard room.

Also, work-study funds will not appear in your statement as credit. If you would like to arrange student payroll deductions to make payments toward your bill, please contact our office. 

Upcoming Due Dates and Deadlines

Tuition & Fees
  • Payments for the Fall Semester are due August 15
  • Payments for the Spring Semester are due January 15
Student Insurance Wavier
  • August 15

Business Office

Location

North Hall, Room 103
Phone: 847-735-5032
businessoffice@lakeforest.edu 
Mailing address: 555 N. Sheridan Road, Lake Forest, IL 60045

Business Office Hours

Academic year: 8:30 a.m. to 5 p.m.
Summer: Monday-Thursday 8:30 a.m. to 5 p.m. Friday 8:30 a.m. to 2:30 p.m.

Cashier Hours

11 a.m. to 1 p.m.
Closed on Fridays