Understanding Tuition at Lakefield
Planning for an independent school education is a big decision, and we want families to feel informed and supported from the very beginning.
While tuition varies for day, Canadian/U.S. boarding, and international boarding families, every student benefits from the same promise: an immersive, academically strong, teenager-centered education rooted in relationships, nature, and hands-on learning.
Below, you’ll find a clear breakdown of tuition, what’s included, and the options available to help you plan with confidence.
Tuition Breakdown
Compare tuition, inclusions, and required fees.
| Day Students |
Tuition 2026/27$44,200 CAD What’s Included
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| Canadian and U.S. Boarding Students |
Tuition 2026/27$81,100 CAD What’s Included
Fees-at-a-Glance
Payment PlansCanadian & U.S. boarding families may choose Early, Standard, or Monthly. View full Payment Plan details Tuition Refund Insurance (TRP)Optional for Early + Standard plans; mandatory for Monthly plan. |
| International Boarding Students |
Tuition 2026/27$90,800 CAD What’s Included
Fees-at-a-Glance
Payment PlansInternational boarding families may choose Early or Standard Plans. View full Payment Plan details Tuition Refund Insurance (TRP)Optional for Early plan; mandatory for Standard plan. |
| International Day Students |
Tuition 2026/27$52,200 CAD What’s Included
Please note that an individual interested in applying for day student status is required to live with a parent or legal guardian while attending LCS.
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Payment Plans (Full Details)
Choose the payment schedule that works best for your family.
| Day Students |
Three payment plans are available for our day families. Families should indicate their preferred payment arrangement on the Enrolment Contract. All installments are billed a month before the due date. LCS offers a number of different payment methods. View Payment Details and Instructions Tuition assistance awards are applied on a percentage basis according to the tuition fee payment plan chosen and are outlined in the award letter. Option 1: Early Payment
Option 2: Standard Payment
Option 3: Monthly Payment
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| Canadian and U.S. Boarding Students |
Three payment plans are available for our Canadian and U.S. boarding families. Families should indicate their preferred payment arrangements on the Enrolment Contract. All installments are billed a month before the due date. LCS offers a number of different payment methods. View Payment Details and Instructions Tuition assistance awards are applied on a percentage basis according to the tuition fee payment plan chosen and are outlined in the award letter. Option 1: Early Payment
Option 2: Standard Payment
Option 3: Monthly Payment
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| International Boarding Students |
Two payment plans are available for our international boarding families. Families should indicate their preferred payment arrangements on the Enrolment Contract. All installments are billed a month before the due date. LCS offers a number of different payment methods. View Payment Details and Instructions Tuition assistance awards are applied on a percentage basis according to the tuition fee payment plan chosen and are outlined in the award letter. Option 1: Early Payment
Option 2: Standard Payment
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| International Day Students |
Two payment plans are available for our international day student families View Payment Details and Instructions Option 1: Early Payment OptionTuition Refund Insurance Plan is optional with this plan.
*Credit is calculated on fees paid Option 2: Standard Payment OptionTuition Refund Insurance is mandatory with this option and is charged alongside the second installment. Payments are made over four installments. When the Standard Payment Option is chosen for an International Day Student, an administration fee of 1% is charged alongside the first installment and is to help defray the extra handling and financing costs.
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Tuition Refund Insurance Plan (TRP)
Protection and peace of mind if plans unexpectedly change.
| What TRP Covers |
Tuition Refund Insurance (TRP) offers families financial protection if a student must withdraw from LCS due to medical, psychological, or other covered reasons. Families may receive a 60% to 75% refund of tuition fees, prorated based on attendance and the circumstances outlined in the policy for fees paid. Refund examples include:
TRP premiums are billed in May and calculated on tuition fees less any scholarship or bursary received, plus 8% provincial sales tax. The deadline to cancel TRP with written notification is June 28, 2026. Families receive the full TRP policy document with their enrolment materials. |
| TRP Requirements and Estimated Cost by Student Type |
TRP is optional for some payment plans and mandatory for others. Requirements differ by student type: Day Students
Canadian & U.S. Boarding Students
International Boarding Students
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| Additional TRP Information |
LCS recommends that families consider enrolling in TRP to safeguard their financial commitment, as parents remain responsible for the full annual fees. The insurance is offered through an independent provider and is fully outlined in the TRP policy document. By enrolling in the Plan, parents authorize the School to process and collect any claim payment and apply it directly to the student’s account, issuing any remaining balance to the family. Families are encouraged to review the School Life Guide to understand expectations around conduct and circumstances that may lead to dismissal. LCS maintains a zero-tolerance policy as described in the Guide. For questions about TRP or how it applies to your payment plan, our Business Office is happy to assist. |
Other Fees and Insurance
A clear overview of standard, optional, and health-related costs.
| Additional Fees (Standard) |
These fees apply to many or all students and are billed directly to student accounts. Amounts are approximate and may vary depending on grade level or program choice. Day Students
Course Materials & Texts
Canadian & U.S. Boarding Students
Course Materials & Texts
International Boarding Students
Course Materials & Texts
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| Supplementary Fees (Optional) |
Optional items and activities that depend on student interest or team participation. Amounts are approximate and may vary year to year. All Students (Day + Boarding)
Note: Personal and 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. Families are strongly encouraged to ensure that belongings are properly insured while at school.
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Payments and Banking
LCS offers several convenient ways for families to submit tuition and fee payments. Instructions for each method are shared during enrollment and available anytime from the Business Office.
| 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 in our school store. |
Where Next?
Helpful links as you plan your admissions journey.
