Lake Forest College

www.lakeforest.edu

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2019 Undergraduate Tuition

$47,680

2.94% growth from 2018

2019 Average Net Price

$26,148

After Financial Aid

2017 Student Loan

2.58%

Default Rate

2019 Acceptance Rate

55.2%

4,739 Applicants

2019 Enrolled Students

1,562

98% Full-Time

2018 Graduation Rate

69.2%

288 Graduates

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 Business (46 degrees awarded), Other Research & Experimental Psychology (41 degrees), and Speech Communication & Rhetoric (34 degrees).

In 2019, 463 degrees were awarded across all undergraduate and graduate programs at Lake Forest College. 58.7% of these degrees were awarded to women, and 41.3% awarded men. The most common race/ethnicity group of degree recipients was white (246 degrees), 2.96 times more than then the next closest race/ethnicity group, hispanic or latino (83 degrees).

The median undergraduate tuition at Lake Forest College is $47,680, which is $20,400 more than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Lake Forest College is $47,680, which is $20,400 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $26,148.

In 2019, 96% of undergraduate students received federal grants, while 73% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,680

2019 Undergraduate Tuition

In 2019, the cost of tuition at Lake Forest College was $47,680. The cost of tuition at Lake Forest College is $20,400 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

Average Net Price

$26,148

2019 Value

3.62%

1 Year Growth

In 2019 Lake Forest College had an average net price — the price paid after factoring in grants and loans — of $26,148. Between 2018 and 2019, the average net price of Lake Forest College grew by 3.62%.

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.

Other Student Expenses

$10,390

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Lake Forest College was of $10,390 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 3.36% between 2018 and 2019. 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.

Financial Aid

Financial Aid by Income Level

96%

Of Undergraduates Receive Grants

73%

Of Undergraduates Receive Federal Loans

96% of undergraduate students at Lake Forest College received grants or loans in 2019. This represents a decline of 1.03% with respect to 2018, when 97% 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.

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.

2.58%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Lake Forest College was 2.58%, which represents 9 out of the 349 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.

Admissions

Lake Forest College received 4,739 undergraduate applications in 2019, which represents a 14.3% annual growth. Out of those 4,739 applicants, 2,616 students were accepted for enrollment, representing a 55.2% acceptance rate.

There were 1,562 students enrolled at Lake Forest College in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Lake Forest College has an overall enrollment yield of 14.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

55.2%

Acceptance Rate in 2019

2,616

Accepted Out of 4,739

In 2019, the undergraduate acceptance rate of Lake Forest College was 55.2% (2,616 admissions from 4,739 applications). This is lower than the acceptance rate of 2018, which was 57.9%. Between 2018 and 2019, the number of applicants grew by 14.3%, while admissions grew by 8.91%.

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

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Lake Forest College in 2019 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.

Enrollment

Lake Forest College has a total enrollment of 1,562 students. The full-time enrollment at Lake Forest College is 1,530 students and the part-time enrollment is 32. This means that 98% of students enrolled at Lake Forest College are enrolled full-time.

The enrolled student population at Lake Forest College, both undergraduate and graduate, is 54.9% White, 14.3% Hispanic or Latino, 4.99% Asian, 4.48% Black or African American, 3.84% Two or More Races, 0.32% American Indian or Alaska Native, and 0.256% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lake Forest College in full-time Undergraduate programs are most commonly White Female (31.4%), followed by White Male (23.9%) and Hispanic or Latino Female (10%). Students enrolled in full-time Graduate programs are most commonly White Female (30.8%), followed by Hispanic or Latino Female (23.1%) and Asian Male (7.69%).

Full-Time vs Part-Time Enrollment

98%

Full-Time Enrollment

The total enrollment at Lake Forest College, both undergraduate and graduate, is 1,562 students. The full-time enrollment at Lake Forest College is 1,530 and the part-time enrollment is 32. This means that 98% of students enrolled at Lake Forest College are enrolled full-time compared with 81.1% 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.

Retention Rate over Time

88%

2019 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 88%. 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
858
Hispanic or Latino
224
Asian
78

The enrolled student population at Lake Forest College is 54.9% White, 14.3% Hispanic or Latino, 4.99% Asian, 4.48% Black or African American, 3.84% Two or More Races, 0.32% American Indian or Alaska Native, and 0.256% 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 55% White, 14% Black or African American, and 13.1% 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 (5.89%) did not report their race.

Graduates

In 2019, 81 more women than men received degrees from Lake Forest College. The most common race/ethnicity group of degree recipients at Lake Forest College is white (246 degrees awarded). There were 2.96 times more white graduates than the next closest race/ethnicity group, hispanic or latino (83 degrees).

The most common Bachelor's Degree concentration at Lake Forest College is General Business (46 degrees awarded), followed by Other Research & Experimental Psychology (41 degrees) and Speech Communication & Rhetoric (34 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 (13 degrees awarded), Language & Linguistics (23 degrees), and Cultural & Gender Studies (10 degrees).

Workforce

Common Jobs by Major

Elementary & middle school teachers

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 Elementary & middle school teachers (126,949 people), Postsecondary teachers (125,933 people), Lawyers, & judges, magistrates, & other judicial workers (125,302 people), Other managers (109,767 people), and Secondary school teachers (96,172 people).

The most specialized majors at Lake Forest College are Philosophy and Religious Studies (13 degrees awarded), Language & Linguistics (23 degrees), Cultural & Gender Studies (10 degrees), Natural Resources & Conservation (14 degrees), and English (25 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

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 Securities, commodities, & financial services sales agents, Dentists, Surgeons, Physicians, and Chief executives & legislators

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 (317,398 people), Colleges, universities & professional schools, including junior colleges (244,673 people), Legal services (100,709 people), Computer Systems Design (86,433 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (72,338 people).

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

General Business
46 degree-majorss awarded
Other Research & Experimental Psychology
41 degree-majorss awarded
Speech Communication & Rhetoric
34 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Lake Forest College was General Business with 46 degrees awarded.

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

Gender Breakdown for Common Majors

191

Degrees Awarded to Men

in 2019

272

Degrees Awarded to Women

in 2019

In 2019, 191 degrees were awarded to men at Lake Forest College, which is 0.702 times less than the number of degrees awarded to females (272).

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

Most Common Male Majors

In 2019, 26 degrees were awarded to men at Lake Forest College in General Business, which is 1.3 times more than the 20 female recipients with that same degree.

Most Common Female Majors

In 2019, 30 degrees were awarded to women at Lake Forest College in Other Research & Experimental Psychology, which is 2.73 times more than the 11 male recipients with that same degree.

Time to Complete

66%

100% Completion Time

72%

150% Completion Time

In 2019, 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Lake Forest College is Female and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 3.82% of graduates (11 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
246 degrees awarded
Hispanic or Latino
83 degrees awarded
Unknown
26 degrees awarded

The most common race/ethnicity at Lake Forest College is white (246 degrees awarded). There were 2.96 times more white recipients than the next closest race/ethnicity group, hispanic or latino (83 degrees).

5.62% of degree recipients (26 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
142 degrees awarded
White Male
104 degrees awarded
Hispanic or Latino Female
52 degrees awarded

The most common race/ethnicity and gender grouping at Lake Forest College is white female (142 degrees awarded). There were 1.37 times more white female recipients than the next closest race/ethnicity group, white male (104 degrees).

Operations

Lake Forest College has an endowment valued at nearly $87.5M, as of the end of the 2019 fiscal year. The return on its endowment was of $2.44M (2.79%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Lake Forest College had a total salary expenditure of $59.9M. Lake Forest College employs 34 Assistant professors, 30 Associate professors, and 26 Professors. Most academics at Lake Forest College are Female Assistant professors (20), Male Professors(18), and Male Associate professors (15).

The most common positions for non-instructional staff at Lake Forest College are: Management, with 43 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 31 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 27 employees.

Finances

Endowment

$87.5M

2019 Endowment

3.47%

decline from 2018

Lake Forest College has an endowment valued at about $87.5M, as of the end of the 2019 fiscal year. The endowment of Lake Forest College declined 3.47% from the previous year. The value of their endowment was $46.8M 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.

Government Grants and Contracts

Grants & Contracts

$842k - Federal
$0 - State
$0 - Local

As of 2019, Lake Forest College received $842k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$23.7M

2019 Salaries

4.94%

decline from 2018

In 2019, Lake Forest College paid a median of $23.7M in salaries, which represents 39.6% of their overall expenditure ($59.9M) and a 4.94% decline from the previous year. This is compared to a 8.29% growth from 2017 and a 8.43% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

Instructional Salaries

$8.11M

Instructional Salaries

101

Number of Employees

In 2019, Lake Forest College paid a total of $8.11M to 101 employees working as instructors, which represents 34.2% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

34 Employees

Management

Most Common Non-Instructional Employee

43 Employees

In 2019, the most common positions for instructional staff at Lake Forest College were Assistant professor with 34 employees; Associate professor with 30 employees; and Associate professor with 26 employees.

In 2019, the most common positions for non-instructional staff at Lake Forest College were Management with 43 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 31 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 27 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Female Assistant professor
Male Professor
Male Associate professor

In 2019, the most common demographic for instructional staff at Lake Forest College was Female Assistant professor with 20 employees, Male Professor with 18 employees, and Male Associate professor with 15 employees.

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

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