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Lake County Gazette

Sunday, August 3, 2025

Cost of college went up for all students at Lake Forest College

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Tuition and fees rose 3.2 percent for 2017-18 at Lake Forest College, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $45,548 to attend the four-year private not-for-profit institution this year $1,432 more than the $44,116 charged for 2016-17.

Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 344 students received grants or scholarships totaling $10.44 million and 289 students took out student loans totaling more than $2.05 million.

Including all undergraduates, 1,508 students used grants or scholarships totaling $43.97 million. Another 1,209 took out $9.24 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~884
$41,172
$42,644
$44,116
$45,548
10.6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Lake Forest College in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
161
45%
$964,525
$5,991
State / local grant or scholarship
118
33%
$556,488
$4,716
Institutional grants or scholarships
344
97%
$8,914,902
$25,915
Grant or scholarship aid total
344
97%
$10,435,915
$30,337
Federal student loans
289
81%
$1,854,025
$6,415
Other student loans
14
4%
$198,597
$14,186
Student loan aid
289
81%
$2,052,622
$7,102
Total student aid
344
97%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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