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Fees and Tuition Management

Day Student Fees 2024/25

Day Student Tuition ($CAD):

$40,500

Tuition includes: Academic program, meals, use of facilities, compulsory field trips, outdoor education training, library services, basic healthcare, basic infirmary supplies, travel and admission to athletic and cultural events.

Day Student Fees

List of 7 items.

  • Application Fee: $150

    *To apply, please forward this one-time, non-refundable application fee.

  • Registration Fee (one-time fee): $3,000

    *To accept the offer of admission, please forward this one time, non-refundable/non-transferable registration fee.

  • Payment Plans

    Three payment plans are available for our day student families 
    Families should indicate their preferred payment arrangements on the Enrollment Contract. All installments are billed a month before the due date. LCS offers a number of different payment methods, please view this link for details and instructions. Tuition Assistance awards are applied on a percentage basis depending on the tuition fee payment plan chosen and is outlined on the award letter.

    Option 1: Early Payment Option
    Tuition Refund Insurance Plan is optional with this plan.
    A credit of 1% is applied if and when the final payment is received by or before June 30, 2024. 
    First Installment (due March 31, 2024)     $8,100
    Final Installment (due June 30, 2024)$32,400
    Total$40,500
    Savings of 1% for payment received on time*($405)
    Net Tuition$40,095
    *Credit is calculated on net tuition fees.

    Option 2: Standard Payment Option
    Tuition Refund Insurance Plan is optional. Payments are made over four installments.

    First Installment (due March 31, 2024)     $8,100
    Second Installment (due June 30, 2024)$16,200
    Third Installment (due September 30, 2024)$12,150
    Final Installment (due December 31, 2024)$4,050
    Total$40,500


    Option 3: Monthly Payment Option
    Tuition Refund Insurance is mandatory with this option and is not included in the installments below (it is billed separately on July 31, 2024). Payments are made over ten installments. An administration fee of 1% is charged alongside the first installment and is to help defray the extra handling and financing costs. 

    First Installment (due March 31, 2024)
    1% Administration fee (due March 31, 2024)    		$8,100
    $405
    Second Installment (due June 30, 2024)$4,856
    8 Equal Installments Totalling 
    (payable on the last day of each month July 31, 2024 to February 28, 2025)    		$27,544
    ($3,443 monthly)
    Total$40,905

  • Tuition Refund Insurance Plan (TRP)

    (May be optional depending on selected payment plan)
    (Estimate, see section below): $831.06

    The cost of tuition refund insurance is calculated on the tuition fees less any scholarship or bursary received and includes 8% provincial sales tax, and is automatically billed to all students in July. The deadline for cancelling this coverage with written notification is August 1, 2024.
     
    *Recognizing that parents are responsible for the full fees, a Tuition Refund Insurance Plan is recommended to protect your financial commitment. The school recommends that parents purchase Tuition Refund Insurance made available through the school by an independent insurer. When fees are fully paid, parents may receive a 60% to 75% refund (pro-rated based on attendance) depending on the circumstances leading to withdrawal (75% for physical disability, 75% for mental or nervous disorder, 60% for non-medical withdrawal, or 75% for dismissal). Read more about the Tuition Refund Insurance Plan.
     
    This insurance plan is optional except for those choosing the monthly payment plan.

    By enrolling in the Plan, you authorize the School to process and collect any claim payment to which you are entitled under the Tuition Refund Plan and credit it to the student's account, paying any excess to you.
     
    Insurance coverage is valid provided the student has attended the school more than seven consecutive calendar days commencing with the first day of classes.

    Parents should review the School Life Guide to fully understand circumstances that may lead to dismissal. The school practices a zero-tolerance policy, as described in the School Life Guide, in various circumstances related to standards and discipline.

  • Additional Fees (Standard)

    Additional Standard Fees:
    Standard charges apply to many or all students. Amounts are approximate and subject to change.

    Tuition Refund Insurance (Mandatory for Domestic Monthly Payment Plan Option)
    Billed to accounts on July 31.
    		Up to $900
    Billed to accounts on August 31.
    		$2,900
    Billed to accounts on August 31, annually.
    		$350
    Course Materials and Texts$100 (Gr.9 / 10)
    $200 (Gr.11)
    $500 (Gr.12)
    School Uniform—First Year$700-$1,200

  • Supplementary Fees (Optional)

    Supplementary Fees:
    Optional items/activities (dependent upon student choice) that may incur additional expenses. Amounts are approximate and subject to change.

    Tuition Refund Insurance (Optional for Early Payment Plan Option and Standard Payment Option) Up to $900
    Bussing (Monday to Saturday, morning/evening transportation from the Peterborough area)Up to $16 per day
    Non-OHIP Medical Services varies
    Tutoring (per hour)$45
    Overnight Stays (associated with competitive athletics)Cost kept to a minimum
    Nordic Ski Team Travel (out of province)$800
    First Team Hockey Travel$800
    Alpine / Snowboard Team $300
    Riding Program (per lesson)$65
    Dry Cleaning and Mending (per garment)$15-$35
    Adventure Expeditions and Global Learning Trips$5,000-$5,500
    Academic Travel Credits$5,500-$6,500
    The Strong Interest Career Testing$25
    School Formal and Semi-Formal$50-$100
    Spirit and House Events$5-$50
    Quiet Weekend Stays and Staycation Trips$800-$2,800
    Yearbook: LCS Chronicle$85


    NOTE: Personal expenses and other incidental charges are billed monthly to student accounts. 

  • Property and Health Insurance

    The school cannot accept responsibility for loss of, or damage to, a student’s personal property. Parents should ensure that their child’s personal belongings are insured while at the school.

    A copy of each student’s Health Card or health insurance policy must be on file in the Health Centre prior to school opening. As well, we also require a copy of each student's proof of nationality, i.e. birth certificate or passport. More detailed information on health insurance requirements are requested during the eRegistration process.

Payments and Banking

List of 3 items.

  • Payment Methods

    Please read the following LCS Payments Options for further details. 

  • Late Payment

    Accounts for fees and extra charges that are outstanding at the time of the billing will be subject to late payment charges at a rate of 16% per annum. An email notification will be sent out when monthly statements are available (by the 5th working day of the following month). All original medical invoices/prescriptions are scanned and emailed after statements are completed for that month.
     
    Failure to comply with the terms of payment may result in the student not being admitted to the school for the subsequent term or academic year. In addition, the school may withhold grading services and exercise other sanctions as it deems necessary for the collection of overdue accounts.

  • Student Banking

    Students are encouraged to responsibly handle their own finances and to have their own bank account in the village of Lakefield with either the Canadian Imperial Bank of Commerce (CIBC) or the Royal Bank of Canada (RBC). The school suggests a $30 weekly allowance to cover incidental expenses such as postage, taxis, and haircuts, etc. Students are encouraged to plan their spending and keep only small sums of money in their possession. A bank debit machine is conveniently located on campus.
Have Questions? Contact our Admissions Team

School Information

4391 County Road 29, Lakefield Ontario K0L 2H0   705.652.3324   admissions@lcs.on.ca

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Lakefield College School is a private, coeducational boarding and day school for students in grades 9 through 12, located in Lakefield, Ontario, Canada.

We respectfully acknowledge that Lakefield College School is located on the Treaty 20 Michi Saagiig territory and in the traditional territory of the Michi Saagiig and Chippewa Nations, collectively known as the Williams Treaties First Nations, which include: Curve Lake, Hiawatha, Alderville, Scugog Island, Rama, Beausoleil, and Georgina Island First Nations. Lakefield College School respectfully acknowledges that the Williams Treaties First Nations are the stewards and caretakers of these lands and waters in perpetuity and that they continue to maintain this responsibility to ensure their health and integrity for generations to come.


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