Tuition and Awards
As a private college, Lafayette relies on student fees to fund about 65% of its annual operating budget, with the balance coming from endowment earnings, grants, and annual gifts from alumni and friends. Student fees are adjusted annually. Information regarding Flex/Pard dollar requirements used for meal plans is available on the Dining Services website.
College Costs 2013-14
| Billed Expenses | |
|---|---|
| Tuition | $43,580 |
| Activity and technology fee | $390 |
| Room fee (standard room rate) | $8,090 |
| Board fee (20 meals/week) | $4,990 |
| TOTAL | $57,050 |
| Matriculation fee* | $700 |
*The matriculation fee is a one-time fee charged to new students.
| Non-Billed Expenses | |
|---|---|
| Textbooks and supplies | $1,000 |
| Travel (minimum allowance) | $100 |
| Personal expenses | $900 |
Class of 2016 Statistics
| Grants and scholarships | $9,595,350 |
| Percentage of the class receiving College-funded grants and/or scholarships | 49.5% |
| Percentage of the class receiving any type of financial aid | 61.7% |
Financial Aid Highlights 2011-12 Academic Year
| Lafayette grants/scholarships | $35,700,000 |
| Percentage of admitted students offered our merit-based Marquis Scholarship worth $20,000 per year |
20% |
| Average need-based package | $36,700 |
| Average student indebtedness at graduation | $24,441 |
| Percentage of students receiving College-funded aid through scholarships or need-based grants |
50% |
| Range of Lafayette need-based grants | $1,200–$55,000 |