Affording LFA

Tuition and Financial Aid

Lake Forest Academy is committed to making our education available to all qualified students. We offer over $5.5 million in financial aid grants annually to families who could not otherwise afford the cost of a Lake Forest Academy education.

Award Process

Financial aid grants are need-based and vary in range depending upon each family’s financial resources. Lake Forest Academy’s financial aid funds are allocated according to financial need while keeping a balance across grades and gender. We also offer a select number of Headmaster’s Scholarships to recognize a student's academic accomplishments in middle school. These range from $7,000-$10,000 and they do not require an additional application. Lake Forest Academy does not award athletic scholarships or any other non-need based extracurricular scholarships.

Financial Aid

The Financial Aid Deadline for the 2020-21 school year has passed, and financial aid is extremely limited and will be distributed based on available funding.

We will communicate decisions about financial aid at the same time admission decisions are rendered.

We use School and Student Services (SSS) to process our financial aid applications. Based on the financial information you provide, SSS provides an estimated amount your family should be able to contribute to educational expenses. This helps our school make fair and objective financial aid decisions.

Tuition 2020-2021

Day Student: $45,950
Boarding Student: $61,500
International students pay an additional fee of $2,250.

*These amounts include tuition, room & board, and fees. Textbooks and Student Health Insurance are additional.