The total cost of attendance at Lafayette College is
(which includes tuition and fees, books and supplies, and living expenses)
Lafayette College explains that as long as students meet all of the deadlines, if they are accepted to the school, Lafayette will work to meet all of their need-based financial aid. This institution prides itself on working to help eliminate the student loan debt burden for students and families with a $100,000 or lower annual income.
Lafayette College provides a financial aid checklist to help students begin this part of their journey. In order to apply for and be eligible for all types of aid that is offered at Lafayette, the FAFSA, CSS Profile, and tax documents must be submitted by the financial aid deadlines.
College financing options including payment plan options, loan options and a private lender list is available to students who need additional assistance. A Student Consumer Information page is available as well.
There are a variety of need and merit-based scholarships and grants that students may be eligible for. Separate applications are not needed for most of these. There may be different application requirements for private scholarships or departmental/college scholarships offerings. Veterans are offered military scholarships to help pay for education costs. Additionally, there are tuition exchange scholarships available to certain students who are dependents of qualifying employees of participating Tuition Exchange institutions. Although loans may be part of a student financial aid package, it will not be offered to cover any need-based financial aid that is determined through the submission of financial aid documents and as determined on a student aid report. The college provides federal work-study opportunities to students who meet certain qualifications.
Several types of resources are available on the Lafayette College website to help students understand and navigate the financial aid process and paying for Lafayette College. For example, there is a college costs page that students can explore, along with a net price calculator, a Frequently Asked Questions page, and a return on investment page with alumni stories and facts about the investment of a Lafayette College education.
Lafayette boasts a comprehensive Financial Education and Resources page with links to financial literacy and aid resources. There is information about the college’s financial literacy program called LAFinancial which offers students on-on-one meetings with financial wellness consultants, presentations, online resources and links, and workshops.
The Livewell Lafayette College Wellness page provides a small section on financial wellness along with links to resources about budgeting, debt, credit, and other financial and money management information.
The average student at Lafayette College pays
Lafayette College's financial aid meets
of student's demonstrated need
At Lafayette College
of freshmen receive some form of financial aid
The average Lafayette College merit scholarship for students without financial need is
Lafayette College offers merit scholarships to first time students who demonstrate exceptional academic achievement. Marquis Merit Scholarship awards are the primary merit scholarships offered by Lafayette College. These awards are competitive and it is encouraged to interview as part of your admissions and application process if you are interested in receiving one of these awards. These awards are provided to students who have not only demonstrated academic achievement, but who also “demonstrate intellectual curiosity” and are actively involved in their communities and working to make a difference. Most of the recipients tend to be high achievers in their high school careers. No additional materials or applications need to be submitted in order to be considered for this award. Students are encouraged to apply early if possible. Awards are renewable for up to four years contingent upon full-time status enrollment and a minimum GPA of 3.0. This award boasts additional benefits such as “an additional scholarship of up to $4,000 for one faculty-led off-campus course during an interim session, participation in special events and activities, including cultural opportunities, and faculty mentors.”
Very few students pay the full price. Here's the average cost for students in different income brackets:
The average student at Lafayette College takes out
in student loans
The student loan repayment rate at Lafayette College is
after five years
after seven years
At Lafayette College
after three years
The average starting salary for a Lafayette College graduate is
After graduation, here's how the average salary at Lafayette College grows over time:
Lafayette College's full cost of attendance has increased an average of
per year since 2014
Lafayette College's average net price has increased an average of
per year since 2014
Given past trends, we expect Lafayette College's tuition pricing to be the following: