Lafayette College

In 2022, tuition for full-time students at Lafayette College was $61,482 a year.

In 2023, tuition increased 5.8%–from $58,110 the previous year. On average, college tuition rises about 3% year.

Remember, the total cost of tuition isn't the final cost for attending college. Many students pay much less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make thecost of college feel more doable until you're done with college.

Lafayette College meets 100% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Lafayette College is around $53,455 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $28,840 of debt.

In-state vs. Out-of-state Tuition at Lafayette College

Lafayette College is a private institution, which means it has the same tuition for residents of Pennsylvania as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for students who are residents of that state.

Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Be sure to confirm your state's rules for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.

Explore other Pennsylvania colleges

Lafayette College International Student Tuition

Tuition at Lafayette College is the same for all students.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but may be eligible for private or Lafayette College-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Lafayette College:

•On-campus jobs •Lafayette College-specific loans •Lafayette College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Lafayette College Room, Board, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Lafayette College.

House and Food Costs at Lafayette College

Room and board at Lafayette College is $18,290 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the Lafayette College's on-campus cafeterias and dining halls.

Meal-plan costs can depend on how many meals are included in the plan you choose.

How Much Do Books Cost at Lafayette College?

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be other costs associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have ways so that those with financial need to get help covering these costs.

Transportation costs

The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are not allowed to park a car on campus.

Where are a college is located can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in an urban area may be expensive, but cities may offer more trains, busses and affordable flights to actually get to school. Lafayette Collegeis located in a suburb in Pennsylvania, not far from New York City and Philadelphia.

Other Costs

When budgeting for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Lafayette College

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending Lafayette College.

Total Cost of Lafayette College

What will the cost of attending Lafayette College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$61,482
Room and Board	$18,290
Other expenses	$900

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$81,180
Off-Campus	$62,890

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Lafayette College

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In 2023, 846 of the 2,729 undergrads enrolled received financial aid. Lafayette College meets 100% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $53,455 a year. Around 39% of Lafayette College undergrads take out student loans to cover any remaining costs. Lafayette College graduates who have student loans graduate with an average of $28,840 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$15,200
Lafayette College-Specific Loans	$12,025
Private Loans	$58,188

Most Common Loans for Lafayette College Students
Federal Loans	34%
Institutional Loans	4%
Private loans	10%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Lafayette College financial aid, keep reading, or visit their financial aid website.

Scholarships at Lafayette College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Lafayette College awarded 831 need-based scholarships to students, giving away total of $42.6 million to help students with financial need cover the cost of school. An additional $12.85 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Lafayette College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Lafayette College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Lafayette College was $53,455 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Lafayette College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$27,725
Off-Campus	$9,435

What will attending Lafayette College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Lafayette College's net cost calculator on their website.

Lafayette College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Lafayette College does not have guaranteed tuition.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Lafayette College Tuition Waivers

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Lafayette College has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Lafayette College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Lafayette College's endowment was $1.005 billion. The average college endowment was $905 million in 2021. The school spends $23,948 for each full-time student enrolled.

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Learn More About Lafayette College

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

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