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What is the average financial aid amount at Lake Forest College?

For the academic year 2022-2023, total 416 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,660 students (100% of all students) received grants or scholarships and the average grant amount is $40,590. In addition, 1,200 students received student loans and the average loan amount is $7,038.

Below tables show the number and amount by source of financial aid at Lake Forest College.
All Undergraduate Student Financial Aid at Lake Forest College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,660100%$40,590
Pell Grants58835%$5,122
Federal Student Loans1,20072%$7,038
Beginning Students (Freshmen) Financial Aid at Lake Forest College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid416100%-
Grants or Scholarship from All Sources416100%$37,907
Federal Grants11528%$6,272
Pell Grants11427%$5,057
Other Federal Grants11528%$1,259
State/Local Grants8821%$5,496
Institutional Grants416100%$35,010
Student Loans30072%$7,013
Federal Student Loans30072%$5,559
Other Student Loans276%$16,150

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