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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lake Forest College since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,506, which is 96.73 % of all undergraduate students. 1,088 students which is 69.73% of undergraduate students received federal student loans and the average loan amount is $7,449.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,395 (93%)$25,006511 (34%)$4,338935 (62%)$7,460
2012-131,485 (96%)$25,412510 (33%)$4,4301,041 (67%)$7,609
2013-141,523 (96%)$26,827528 (33%)$4,4411,062 (67%)$7,729
2014-151,551 (97%)$27,645567 (35%)$4,4641,208 (75%)$7,346
2015-161,508 (96%)$29,160586 (37%)$4,5451,209 (77%)$7,642
2016-171,478 (96%)$30,140536 (35%)$4,6111,168 (76%)$7,605
2017-181,459 (97%)$31,438547 (36%)$4,6161,136 (75%)$7,496
2018-191,438 (96%)$33,082507 (34%)$6,0211,091 (73%)$7,113
2019-201,509 (98%)$35,704505 (33%)$4,9491,128 (73%)$7,000
2020-211,563 (99%)$37,560561 (36%)$5,067787 (50%)$7,902
2021-221,660 (100%)$40,590588 (35%)$5,1221,200 (72%)$7,038
Average1,506 (96.73%)$31,142541 (34.64%)$4,7821,088 (69.73%)$7,449

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 384 (98.55 % of students) received grants or scholarships and its average amount is $31,188. It can cover 57.54% of tuition & fees ($54,202).
In addition, 283 (72.82 % of students) students get helped from the students loans (average amount : $7,034).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12388 (96%)$24,458251 (62%)$6,815
2012-13408 (99%)$24,448276 (67%)$6,806
2013-14390 (98%)$27,169293 (73%)$7,204
2014-15403 (98%)$28,005338 (82%)$6,605
2015-16344 (97%)$30,337289 (81%)$7,102
2016-17352 (98%)$31,022289 (81%)$7,126
2017-18356 (100%)$31,131298 (83%)$7,265
2018-19387 (99%)$34,421303 (77%)$6,902
2019-20387 (99%)$35,984311 (80%)$7,141
2020-21394 (100%)$38,182169 (43%)$7,391
2021-22416 (100%)$37,907300 (72%)$7,013
Average384 (98.55%)$31,188283 (72.82%)$7,034
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 137 (35.27 % of students) received Pell (federal) grants and its average amount is $4,720.
In addition, 110 students received State/local government grants/scholarships (28.36 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12135 (33%)$4,279135 (33%)$1,176114 (28%)$4,717388 (96%)$21,174
2012-13144 (35%)$4,512144 (35%)$1,466107 (26%)$4,805407 (99%)$21,130
2013-14135 (34%)$4,370135 (34%)$1,430130 (33%)$4,684389 (97%)$23,660
2014-15155 (38%)$4,562155 (38%)$1,166126 (31%)$4,839403 (98%)$24,289
2015-16161 (45%)$4,698161 (45%)$1,293118 (33%)$4,716344 (97%)$25,915
2016-17112 (31%)$4,664114 (32%)$1,20485 (24%)$4,720352 (98%)$28,008
2017-18117 (33%)$4,905117 (33%)$1,27988 (25%)$4,661355 (99%)$28,025
2018-19141 (36%)$4,814141 (36%)$1,290110 (28%)$4,847386 (98%)$30,899
2019-20142 (36%)$5,076142 (36%)$2,638113 (29%)$5,277384 (98%)$31,860
2020-21156 (40%)$4,982156 (40%)$1,200133 (34%)$5,312393 (100%)$34,028
2021-22114 (27%)$5,057115 (28%)$1,25988 (21%)$5,496416 (100%)$35,010
Average137 (35.27%)$4,720138 (35.45%)$1,400110 (28.36%)$4,916383 (98.18%)$27,636
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 283 (72.82 % of students) get any students loan help and its average loan amount is $283.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12251 (62%)$6,815251 (62%)$6,03415 (4%)$13,075
2012-13276 (67%)$6,806274 (66%)$6,16113 (3%)$14,638
2013-14293 (73%)$7,204291 (73%)$6,25019 (5%)$15,376
2014-15338 (82%)$6,605338 (82%)$6,1759 (2%)$16,153
2015-16289 (81%)$7,102289 (81%)$6,41514 (4%)$14,186
2016-17289 (81%)$7,126289 (81%)$6,34315 (4%)$15,088
2017-18298 (83%)$7,265298 (83%)$6,06218 (5%)$19,921
2018-19303 (77%)$6,902302 (77%)$5,69723 (6%)$16,126
2019-20311 (80%)$7,141311 (80%)$5,66127 (7%)$17,054
2020-21169 (43%)$7,391169 (43%)$5,89516 (4%)$15,800
2021-22300 (72%)$7,013300 (72%)$5,55927 (6%)$16,150
Average283 (72.82%)$7,034283 (72.73%)$6,02318 (4.55%)$15,779

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