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Afford the Caxy Life

Lake Forest Academy is committed to making our education available to all qualified families. We offer $6 million in financial aid grants annually to families who could not otherwise afford the cost of a Lake Forest Academy education.

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. We also offer a select number of Headmaster’s Scholarships to recognize a student’s academic accomplishments. These range from $10,000-$15,000 and they do not require an additional application; all students are automatically considered for these awards upon applying. Lake Forest Academy does not offer athletic scholarships or any other non-need based extracurricular scholarships.

More information regarding how to apply for financial aid will be available later this fall.

Financial Aid Deadline:
January 15, 2025

Tuition 2024-2025

Day Student: $53,200
Boarding Student: $73,400
International students pay an additional fee of $2,400.

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

bar graph representing the day student average financial award and cost
bar graph representing the boarding student average financial award and cost
33% of students receive aid infographic
infographic stating 9% of the student body received 90% of financial aid
financial aid by income levels ring chart

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