Lake Forest College

Baccalaureate Colleges

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2017 Undergraduate Tuition

$44,824

3.3% growth from 2016

2017 Average Net Price

$25,646

After Financial Aid

2016 Student Loan

1.86%

Default Rate

2017 Acceptance Rate

53%

4,303 Applicants

2017 Enrolled Students

1,542

97% Full-Time

2017 Graduation Rate

72.4%

294 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Lake Forest College is a higher education institution located in Lake County, IL. In 2016, the most popular Bachelor's Degree concentrations at Lake Forest College were General Finance (52 degrees awarded), General Business (41 degrees), and General Psychology (36 degrees).

In 2017, 523 degrees were awarded across all undergraduate and graduate programs at Lake Forest College. 56% of these degrees were awarded to women, and 44% awarded men. The majority of degree recipients were white (291 degrees), 3.06 times more than then the next closest race/ethnicity group, hispanic or latino (95 degrees).

The median undergraduate tuition at Lake Forest College is $44,824, which is $19,630 more than the national average for Baccalaureate Colleges ($25,194).

Photo by Alex Proimos

Baccalaureate Colleges: Arts & Sciences FocusBaccalaureate Colleges

Costs

The median undergraduate tuition at Lake Forest College is $44,824, which is $19,630 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $25,646.

In 2017, 96% of undergraduate students received federal grants, while 76% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$44,824

2017 Undergraduate Tuition

In 2017, the cost of tuition at Lake Forest College was $44,824. The cost of tuition at Lake Forest College is $19,630 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

This chart compares the tuition costs of Lake Forest College (in red) with those of other similar universities.

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Average Net Price

$25,646

2017 Value

4.77%

1 Year Growth

In 2017 Lake Forest College had an average net price — the price paid after factoring in grants and loans — of $25,646. Between 2016 and 2017, the average net price of Lake Forest College grew by 4.77%.

This chart compares the average net price of Lake Forest College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$9,810

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Lake Forest College was of $9,810 in 2017. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 2.51% between 2016 and 2017. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Lake Forest College (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

96%

Of Undergraduates Receive Grants

76%

Of Undergraduates Receive Federal Loans

96% of undergraduate students at Lake Forest College received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Lake Forest College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.86%

2016 Default Rate

7

Number of Defaults

In 2016 the default rate for borrower's at Lake Forest College was 1.86%, which represents 7 out of the 376 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Lake Forest College received 4,303 undergraduate applications in 2017, which represents a 1.8% annual growth. Out of those 4,303 applicants, 2,280 students were accepted for enrollment, representing a 53% acceptance rate.

There were 1,542 students enrolled at Lake Forest College in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Lake Forest College has an overall enrollment yield of 15.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

53%

Acceptance Rate in 2017

2,280

Accepted Out of 4,303

In 2017, the undergraduate acceptance rate of Lake Forest College was 53% (2,280 admissions from 4,303 applications). This is lower than the acceptance rate of 2016, which was 56.9%. Between 2016 and 2017, the number of applicants grew by 1.8%, while admissions declined by -5.28%.

This chart compares the acceptance rate of Lake Forest College (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Lake Forest College in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Lake Forest College has a total enrollment of 1,542 students. The full-time enrollment at Lake Forest College is 1,495 students and the part-time enrollment is 47. This means that 97% of students enrolled at Lake Forest College are enrolled full-time.

The enrolled student population at Lake Forest College, both undergraduate and graduate, is 56.7% White, 14.2% Hispanic or Latino, 5.77% Asian, 5.32% Black or African American, 3.5% Two or More Races, 0.259% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Forest College in full-time Undergraduate programs are majority White Female (32.8%), followed by White Male (24.5%) and Hispanic or Latino Female (9.35%). Students enrolled in full-time Graduate programs are majority White Female (25%), followed by Two or More Races Male (12.5%) and Native Hawaiian or Other Pacific Islanders Female (0%).

Full-Time vs Part-Time Enrollment

97%

Full-Time Enrollment

The total enrollment at Lake Forest College, both undergraduate and graduate, is 1,542 students. The full-time enrollment at Lake Forest College is 1,495 and the part-time enrollment is 47. This means that 97% of students enrolled at Lake Forest College are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Lake Forest College (in red) compares to similar universities.

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Retention Rate over Time

85%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Lake Forest College was 85%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Lake Forest College had a retention rate higher than its peers.

This chart shows the retention rate over time at Lake Forest College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    875

  2. Hispanic or Latino

    219

  3. Asian

    89

The enrolled student population at Lake Forest College is 56.7% White, 14.2% Hispanic or Latino, 5.77% Asian, 5.32% Black or African American, 3.5% Two or More Races, 0.259% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.9% White, 14% Black or African American, and 12.6% Hispanic or Latino.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 92 students (5.97%) did not report their race.

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Graduates

In 2017, 63 more women than men received degrees from Lake Forest College. The majority of degree recipients at Lake Forest College are white (291 degrees awarded). There were 3.06 times more white graduates than the next closest race/ethnicity group, hispanic or latino (95 degrees).

The most common Bachelor's Degree concentration at Lake Forest College is General Finance (52 degrees awarded), followed by General Business (41 degrees) and General Psychology (36 degrees).

The most specialized majors across all degree types at Lake Forest College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (18 degrees awarded), Language & Linguistics (30 degrees), and Cultural & Gender Studies (9 degrees).

Workforce

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lake Forest College are Lawyers, & judges, magistrates, & other judicial workers (339,224 people), Other managers (229,597 people), Elementary & middle school teachers (188,655 people), Postsecondary teachers (138,307 people), and Chief executives & legislators (101,172 people).

The most specialized majors at Lake Forest College are Philosophy and Religious Studies (18 degrees awarded), Language & Linguistics (30 degrees), Cultural & Gender Studies (9 degrees), Natural Resources & Conservation (14 degrees), and Social Sciences (96 degrees).

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Highest Paying Jobs by Major

Nuclear medicine technologists and medical dosimetrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lake Forest College are Nuclear medicine technologists and medical dosimetrists, Surgeons, Cardiovascular technologists and technicians, Sales managers, and Securities, commodities, & financial services sales agents

The most specialized majors at Lake Forest College are Philosophy and Religious Studies (18 degrees awarded), Language & Linguistics (30 degrees), Cultural & Gender Studies (9 degrees), Natural Resources & Conservation (14 degrees), and Social Sciences (96 degrees).

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Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lake Forest College are Elementary & secondary schools (356,704 people), Colleges, universities & professional schools, including junior colleges (296,238 people), Legal services (273,889 people), Justice, public order, & safety activities (171,881 people), and Computer Systems Design (152,998 people).

The most specialized majors at Lake Forest College are Philosophy and Religious Studies (18 degrees awarded), Language & Linguistics (30 degrees), Cultural & Gender Studies (9 degrees), Natural Resources & Conservation (14 degrees), and Social Sciences (96 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lake Forest College.

Most Common

  1. General Finance

    52 degrees awarded

  2. General Business

    41 degrees awarded

  3. General Psychology

    36 degrees awarded

In 2017, the most common bachelors degree concentration at Lake Forest College was General Finance with 52 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Lake Forest College according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 230

  2. 293

In 2017, 230 degrees were awarded to men at Lake Forest College, which is 0.785 times less than the number of degrees awarded to females (293).

This chart displays the gender disparity between the top 5 majors at Lake Forest College by degrees awarded.

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Most Common Male Majors

In 2017, 42 degrees were awarded to men at Lake Forest College in General Finance, which is 4.2 times more than the 10 female recipients with that same degree.

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Most Common Female Majors

In 2017, 32 degrees were awarded to women at Lake Forest College in General Psychology, which is 8 times more than the 4 male recipients with that same degree.

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Time to Complete

66%

100% Completion Time

72%

150% Completion Time

In 2017, 66% of students graduating from Lake Forest College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 72% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Lake Forest College is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 4.08% of graduates (12 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    291 degrees awarded

  2. Hispanic or Latino

    95 degrees awarded

  3. Black or African American

    28 degrees awarded

The most common race/ethnicity at Lake Forest College is white (291 degrees awarded). There were 3.06 times more white recipients than the next closest race/ethnicity group, hispanic or latino (95 degrees).

3.82% of degree recipients (20 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    161 degrees awarded

  2. White Male

    130 degrees awarded

  3. Hispanic or Latino Female

    59 degrees awarded

The most common race/ethnicity and gender grouping at Lake Forest College is white female (161 degrees awarded). There were 1.24 times more white female recipients than the next closest race/ethnicity group, white male (130 degrees).

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Operations

Lake Forest College has an endowment valued at nearly $87.8M, as of the end of the 2017 fiscal year. The return on its endowment was of $7.96M (9.07%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Lake Forest College had a total salary expenditure of $54M. Lake Forest College employs 32 Assistant professors, 31 Associate professors, and 26 Professors. Most academics at Lake Forest College are Male Professors (20), Female Assistant professors(18), and Female Associate professors (16).

The most common positions for non-instructional staff at Lake Forest College are: Management, with 44 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 30 employees, and Service with 24 employees.

Finances

Endowment

$87.8M

2017 Endowment

4.64%

growth from 2016

Lake Forest College has an endowment valued at about $87.8M, as of the end of the 2017 fiscal year. The endowment of Lake Forest College grew 4.64% from the previous year. The value of their endowment was $50.7M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lake Forest College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $788k - Federal

  2. $1.47M - State

  3. $0 - Local

As of 2017, Lake Forest College received $788k in grants and contracts from the federal government, $1.47M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$23.1M

2017 Salaries

8.43%

growth from 2016

In 2017, Lake Forest College paid a median of $23.1M in salaries, which represents 42.7% of their overall expenditure ($54M) and a 8.43% growth from the previous year. This is compared to a 6.91% decline from 2015 and a 2.84% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$7.77M

Instructional Salaries

99

Number of Employees

In 2017, Lake Forest College paid a total of $7.77M to 99 employees working as instructors, which represents 33.7% of all salaries paid.

This is compared to a median of $8.01M (34.6%) for similar Baccalaureate Colleges: Arts & Sciences Focus.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

32 Employees

Management

Most Common Non-Instructional Employee

44 Employees

In 2017, the most common positions for instructional staff at Lake Forest College were Assistant professor with 32 employees; Associate professor with 31 employees; and Associate professor with 26 employees.

In 2017, the most common positions for non-instructional staff at Lake Forest College were Management with 44 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 30 employees; and Service with 24 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Female Associate professor

In 2017, the most common demographic for instructional staff at Lake Forest College was Male Professor with 20 employees, Female Assistant professor with 18 employees, and Female Associate professor with 16 employees.

This chart shows the gender split between each academic rank present at Lake Forest College.

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