Located in Pennsylvania, about an hour and a half from both New York City and Philadelphia, Lafayette College is geographically positioned to launch brilliant careers. This rather small college has only 2,600 students and a student to faculty ratio of 10:1. Students thus enjoy a cozy, familial culture on top of an intimate, nurturing academic environment. In fact, the learning opportunities here are outstanding.
Overview of Lafayette College
For instance, the curriculum is structured so that it's easy for students to complete a double major. On top of that, enterprising pupils can create their own major across multiple departments. Most students will be plenty satisfied to choose a major from one of 51 fields including: computer science, economics, film and media studies, and psychology.
When students are ready, they can start looking for internship opportunities in the local area, though some will seek their experiential learning closer to New York City or Philadelphia. There are also opportunities for students to complete a paid internship without commuting. Lafayette offers a Micro-Internship program. In this program, students can complete an internship in anywhere between 5 and 40 hours. Thus, students can explore a variety of working situations and accrue valuable experience along the way.
|School Type||Private not-for-profit|
|Campus Setting||Suburb: Large|
|Student Faculty Ratio||10:1|
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|High School GPA||Required|
|High School Rank||Considered But Not Required|
|High School Transcripts||Required|
|College Prep Courses||Required|
|TOEFL (Test of English as a Foreign Language)||Required|
|Application Deadline||January 15|
|Common Application Accepted||Yes|
Tuition Cost & Financial Aid
Lafayette is a private college and thus is a bit more expensive than most public institutions. However, the up-front cost of a year is offset by a robust financial aid package that ensures that students can graduate with their friends and apply their excellent education in the workplace. That initial tuition cost, plus books and supplies, is $57,000. On top of that, students pay up to $17,000 to cover their room, board, and other expenses.
These costs are ameliorated by the financial aid office. Half of first-year, full-time Lafayette students receive grants and scholarships that average $45,000. To help cover the rest of their expenses, 31% of students take out federal or private loans that average $7,000. When one looks at the average net cost as broken down by income bracket, Lafayette students see the true value.
In fact, the net cost for the lowest income bracket is $7,000, or around 10% of the total initial cost. Students from the highest income bracket pay $48,000 and the mid-range students pay $17,000 per year. Given the overall value of a Lafayette education, this is a good deal.
|Average net price||2018-2019|
|Average Total Aid||$44,460|
|Students Receiving Financial Aid||57%|
|Room & Board||$16,264|
- Tuition In-State - $55,752
- Tuition Out-of-State - $55,752
- Books and Supplies - $1,000
- Room & Board - $16,264
- Other - $1,000
Students at Lafayette College are privileged to receive some of the best academic training available. The educational statistics reflect that students at Lafayette are high performing and motivated, on top of being happy on campus. The retention rates, graduation figures, and class sizes all reflect nothing but the very best that academia can provide.
Starting with the first-year students, their retention rates are a jaw-dropping 93. This means that, when students land on campus they find classes, activities, and even a peer group that is stimulating, fun, and supportive of their long-term goals.
Not only do first-year students stick around for a second year, but 88% of them stick around for graduation. On top of that, 4% transfer out to complete their degrees elsewhere. Thus, when a student enrolls in Lafayette there is a very high probability that they will graduate from college, and most likely that will be with a Lafayette diploma.
While it's probably true that Lafayette has excellent dining facilities, social outlets, and campus clubs, what really tips the scales and results in their high retention and graduation numbers is the average class size. Since the average class size on campus is ten students, Lafayette scholars are treated to the sort of hands-on education that is the envy of academia. Though entry-level courses are surely a bit larger, once a student enters their major, their classes likely fall below the average and they can pursue individual projects with close interaction with their instructor.
Student Population Total
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
|All Social Science Majors||205 Total Graduates / 32%|
|Economics, General||91 Graduates|
|Political Science and Government, General||43 Graduates|
|International Relations and Affairs||23 Graduates|
|Sociology and Anthropology||21 Graduates|
|All Engineering Majors||143 Total Graduates / 22%|
|Mechanical Engineering||50 Graduates|
|Chemical Engineering||31 Graduates|
|Engineering, General||26 Graduates|
|Civil Engineering, General||21 Graduates|
|All Biological & Biomedical Majors||73 Total Graduates / 11%|
|Biology/Biological Sciences, General||45 Graduates|
|All Psychology Majors||48 Total Graduates / 7%|
|Psychology, General||48 Graduates|
|Visual and Performing Arts||41 Total Graduates / 6%|
|Film/Cinema/Video Studies||18 Graduates|
|Art/Art Studies, General||14 Graduates|
|Music, General||7 Graduates|
|Drama and Dramatics/Theatre Arts, General||2 Graduates|
|All Other Diplomas||21%|
Outcome & Salary
Students who graduate from Lafayette are not only book-smart, but they are also fiscally savvy. The return on their educational investment is hefty. The top earners from the college tend to be from the chemical engineering department and earn around $69,000 as a starting salary. On the other end, English majors start their careers making around $28,000. In the middle are the international relations degree holders who earn around $41,000 on average.
Keep in mind that even those who start out earning a bit on the lower end can leverage their Lafayette education and land in a terrific graduate program. With their strong academic background, their long-term earnings are sure to soar and their careers will undoubtedly be brilliant.
|College Grads Early Career Salary||$66,500|
|College Grads Average Salary||$78,407|
|College Grads Mid Career Salary||$122,500|
|Return on Investment (ROI)|
|10 Year Salary Earnings Potential||$784,070|
|20 Year Salary Earnings Potential||$2,009,070|
|Cost of Education (Net Price) 4 Year||$107,240|
|10 Year Projected ROI||$676,830|
|20 Year Projected ROI||$1,901,830|
|No College Education Salary Comparison|
|National Average Salary||$38,792|
|10 Year Projected Income||$387,920|
|20 Year Projected Income||$775,840|
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