Tuition and Costs
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 web site.
College Costs 2011-12
| Billed Expenses | |
|---|---|
| Tuition | $40,340 |
| Activity and technology fee | $318 |
| Room fee (standard room rate) | $7,580 |
| Board fee (20 meals/week) | $4,782 |
| TOTAL | $53,020 |
| 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 |
College Costs 2012-13
| Billed Expenses | |
|---|---|
| Tuition | $41,920 |
| Activity and technology fee | $360 |
| Room fee (standard room rate) | $7,834 |
| Board fee (20 meals/week) | $4,874 |
| TOTAL | $54,988 |
| 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 |
Financial Aid Highlights for the Class of 2015
| Grants and scholarships | $10,424,006 |
| Students receiving college-funded grants or scholarships | 342 |
| Percentage of the entering class | 54% |
| Students receiving any type of financial aid | 431 |
| Percentage of the entering class | 68% |
| Range of need-based grants | $1,200–$53,700 |
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% |