Lake Forest's tuition & fees has increased from $41,172 (2014) to $54,202 (2024), and the rate of tuition increase is 31.65% over the past 10 years. The graduate school tuition & fees has raised from $12,800 (year 2014) to $16,212 (year 2024).
Lake Forest's tuition increase rate is higher than the Illinois's average increase rate of -8.12%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 33.25% from 2014 ($53,545).
For the current academic year 2023-2024, Lake Forest's COA is $71,350, which is increased by 3.71% from last year.
The following table and chart show changes to Lake Forest's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 31.65% for the last 10 years , and the 2024 tuition & fees are $54,202. The following table and chart show the tuition & fees changes at Lake Forest College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,350, and it has increased 35.00% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,000 | - |
|---|
| 2015-16 | $1,000 | |
|---|
| 2016-17 | $1,000 | |
|---|
| 2017-18 | $1,000 | |
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| 2018-19 | $1,000 | |
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| 2019-20 | $1,000 | |
|---|
| 2020-21 | $1,000 | |
|---|
| 2021-22 | $1,000 | |
|---|
| 2022-23 | $1,140 | 14.00% |
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| 2023-24 | $1,350 | 18.42% |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 23.44% when a student lives on-campus facilities and 23.44% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Lake Forest College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $11,373 | $11,373 | - |
|---|
| 2015-16 | $11,486 | $11,486 | 0.99% |
|---|
| 2016-17 | $11,884 | $11,884 | 3.47% |
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| 2017-18 | $12,127 | $12,127 | 2.04% |
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| 2018-19 | $12,916 | $12,916 | 6.51% |
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| 2019-20 | $13,426 | $13,426 | 3.95% |
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| 2020-21 | $13,738 | $13,738 | 2.32% |
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| 2021-22 | $14,398 | $14,398 | 4.80% |
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| 2022-23 | $14,758 | $14,758 | 2.50% |
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| 2023-24 | $15,798 | $15,798 | 7.05% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Lake Forest College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Lake Forest College | $54,202 | $52,902 | 2.46% |
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|
| Northwestern University | $65,997 | $63,468 | 3.98% |
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|
| DePaul University | $44,174 | $43,100 | 2.49% |
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|
| University of Chicago | $65,619 | $62,940 | 4.26% |
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|
| Loyola University Chicago | $51,716 | $49,498 | 4.48% |
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|
| National Louis University | $14,601 | $14,244 | 2.51% |
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