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Affordability

Lake Forest Academy seeks to make our education accessible to all qualified students.  

Lake Forest Academy offers over $6.3 million in financial aid grants annually. Financial aid grants are primarily need-based and vary in range depending upon each family’s financial situation. Additionally, we offer a limited number of merit scholarships, ranging from $10,000 - $15,000, which do not require an additional application. The Academy does not offer athletic scholarships nor other non-need based extracurricular scholarships.

Lake Forest Academy now partners with Clarity to process financial aid applications. Based on the financial information you provide, Clarity will generate an estimate of your family’s expected contribution to educational expenses. Our Financial Aid Committee will review Clarity’s recommendation along with your family’s individual circumstances to determine a final financial aid package.
 

financial aid by income levels ring chart

Admission & Financial Aid Deadline:
January 15, 2025

Tuition 2024-2025

Day Student: $53,200
Boarding Student: $73,400
International Fee: $2,400

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

Applying for Financial Aid

Complete the Clarity Application and submit supporting documents by the January 15, 2025 deadline.

33% of students receive aid infographic
infographic stating 9% of the student body received 90% of financial aid

 

Do you have a question for our financial aid team?

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