---
lang: en
type: HigherEducationInstitution
title: "Lake Forest College | EduStats"
description: Private liberal arts college in suburban Chicago with selective admissions and strong business and management programs. Full profile on EduStats.
keywords: il, lake forest, private not-for-profit 4-year or above, suburb, business, management, marketing, and related support services, private-not-for-profit-4-year-or-above, il-private-not-for-profit-4-year-or-above, lake-forest, business-management-marketing-and-related-support-services, edustats, college, higher education
llms_summary: Lake Forest College. (Lake Forest, IL). Private Not-for-Profit 4-Year or Above. Suburb setting. enrollment 1,818. in-state tuition $55,500 USD. Private liberal arts college in suburban Chicago with selective admissions and strong business and management programs. Full profile on EduStats. canonical profile on EduStats
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indexed_at: "2026-06-19T12:19:03.986Z"
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# Lake Forest College

Private liberal arts college in suburban Chicago with selective admissions and strong business and management programs.

## Record

- **Coordinates**: 42.249574, -87.827454

### Summary

Private liberal arts college in suburban Chicago with selective admissions and strong business and management programs.

### Description

Lake Forest College is a private not-for-profit liberal arts institution located in Lake Forest, Illinois, a suburb north of Chicago. The college enrolls approximately 1,818 undergraduates and focuses on arts and sciences education with particular strength in business, management, marketing, and related fields.

Tuition runs $55,500 annually with a total cost of attendance of $68,200 including room and board. The college admits roughly 59% of applicants. Enrolled students typically score at the 75th percentile SAT Reading 685, SAT Math 680, and ACT Composite 31. Many students receive financial aid and pay significantly less than the published rate.

The college reports a strong commitment to undergraduate education supported by an endowment exceeding $123 million. Lake Forest College works well for students seeking a smaller, residential liberal arts experience with access to Chicago's resources. For more information, visit www.lakeforest.edu/.

### Attributes

- **Unit ID**: 146,481
- **State**: IL
- **City**: Lake Forest
- **Address**: 555 N Sheridan Road
- **Zip Code**: 60045
- **Sector Group**: Private Not-for-Profit 4-Year or Above
- **Official Website**: www.lakeforest.edu/
- **HBCU**: No
- **Tribal College**: No
- **Setting**: Suburb
- **Annual In-State Tuition**: $55,500
- **Annual Out-of-State Tuition**: $55,500
- **Total Cost of Attendance (In-State)**: $68,200
- **Total Cost of Attendance (Out-of-State)**: $68,200
- **Room and Board**: $12,700
- **Total Student Enrollment**: 1,818
- **Acceptance Rate**: 59.4%
- **SAT Reading 75th Percentile**: 685
- **SAT Math 75th Percentile**: 680
- **ACT Composite 75th Percentile**: 31
- **Endowment (End of Year)**: $123,504,020
- **Carnegie Classification**: Special Focus: Arts and Sciences
- **Research Activity Tier**: No research designation
- **Economic Mobility Index**: Higher Access, Medium Earnings
- **Primary Undergraduate Major**: Business, Management, Marketing, and Related Support Services