Key differences on Cost & aid
- 1
Illinois Institute of Technology's grants cover 61% of its full price on average, vs. 56% at Lake Forest
Aid generosity - 2
Illinois Institute of Technology costs about $3.3K less per year on average than Lake Forest ($28,444 vs. $31,720, all students)
Average cost, all students
Cost & aid
Cost & aid
Average cost, aid generosity, net price by family income, sticker prices, and grants.
What students pay
Grants
Sticker prices
On one scale, so the bars read against each other.
Up to $110K: the average net price per year for students receiving federal aid, 2023–24; families who didn't file the FAFSA aren't included. Above it the published data end. For your own number, use the college's net price calculator .
Family income per year $150K
- Illinois Institute of TechnologyPublished data end at $110K
Merit possible (proxy); averaging $34K
- Lake ForestPublished data end at $110K
Merit possible (proxy); averaging $34K
Published (federal figure, up to $110K) EstimateBars share one scale: the largest full price.
Where need-based aid ends, merit, and published promises
| Metric | Illinois Institute of Technology | Lake Forest |
|---|---|---|
| Need-based aid up to | Published data end at $110K | Published data end at $110K |
| Merit for students without need | 33% got a grant without federal aid, averaging $34K (proxy) | 30% got a grant without federal aid, averaging $34K (proxy) |
| Published promise | – | – |
A college's own promise is stated for a typical family and changes yearly; where a promise and our estimate disagree, the promise wins. Merit has no income limit, so it can lower the price above the point where need-based aid ends.
Tuition guarantee & Promise program
| Metric | Illinois Institute of Technology | Lake Forest |
|---|---|---|
| Tuition guarantee | No | No |
| Promise program | No | No |
Sources:IPEDS Institutional Characteristics survey, 2023–24;IPEDS Student Financial Aid survey, 2023–24;College Scorecard, 2023–24;College Scorecard, most recent release;Common Data Set, most recent releaseAbout the data(retrieved 2026-10-12)
Figures are the newest each college has published; years can differ between colleges. Each value's ⓘ shows its source and year. Why