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Wake Forest University Tuition & Costs

Your Estimated Price

$64,112 Annual Cost to Attend

Cost Breakdown
$48,746 tuition
$13,404 on campus room & board
$1,400 books and supplies
$562 fees
(Based on stats from 2016/2017)

$64,112 Annual Cost to Attend

Cost Breakdown
$48,746 tuition
$13,404 on campus room & board
$1,400 books and supplies
$562 fees
(Based on stats from 2016/2017)
Estimated Net Price
Get Your Estimated Cost

Colleges like Wake Forest University are working hard to make tuition affordable to deserving students.

Use our tool to get a quick guess about your actual costs and links to tools to get an even better estimate directly form the college.

Average Aid

$37,979 Annual Institutional Aid

Average Aid
47% of students receive aid
10% get federal aid ($7,742 avg)
6% get state aid ($4,617 avg)
39% get institn'l aid ($37,979 avg)
25% get loans ($9,265 avg)

Tuition Trends

Historical Tuition and Fees, with Projected Future Amounts

Future projections are based on past four years' data averaging 3.29% annual change in in-state tuition and fees and 3.29% change in out-of-state tuition and fees. Amounts shown are estimates only and not guaranteed. For a better estimate, contact the college directly.

Financial Aid

Annual Aid Awarded
Average Amount Percent Awarded
Grant or Scholarship Aid $40,596 39%
Federal Grant Aid $7,742 10%
Pell Grants $4,406 10%
Other Federal Grants $4,311 8%
Institution Grant Aid $37,979 39%
State Grant Aid $4,617 6%
Student Loans $9,265 25%
Federal Loans $6,637 24%
Other Loans $16,433 4%

Merit Aid Available

Financial Aid Timeline
Financial aid priority deadline: February 15
Financial aid deadline: March 1
College will notify student of financial aid decisions on or about: -
Student must reply to financial aid decision by: May 1
Does Wake Forest University offer...
Prepaid Tuition Plan? Yes
Tuition Payment Plan? Yes
Financial Aid Contact Info
1834 Wake Forest Road
Winston-Salem, NC 27106
(336) 758-5000
Costs Per Credit Hour
In State $2,020
Out of State $2,020


Student Responses to Review Topic: Bang for the buck
  • 3
  • Meagan from Kernersville, NC
  • Dec-31-2014 I am a current student here

    It is very very expensive (about $60,000 total per year), but Wake offers lots of need based aid and will give you a reasonable offer if they want you there. It turned out to be cheaper than the state schools for me. My point is don't let the cost prevent you from applying because you never know what they will offer you.

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  • 3
  • Christina from Asheville, NC
  • Oct-22-2013 I am a current student here

    Wake is very very expensive, and while I know that I am in the presence of fantastic professors, and I will certainly get someone in my life after college because of the well-known name of Wake Forest, it is hard to ignore the large amount of debt that I am accruing by attending this school. But, again, the opportunities are great, the campus is beautiful, and hey, the laundry is free. All in all, I wouldn't want to be anywhere else.

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  • 5
  • Anonymous
  • Jul-22-2013 I am a current student here

    Wake Forest is a very expensive university, but I definitely feel it's worth it. The school could use more diversity in the students, but with such a small population and such a desire to fit in, that's just not going to change anytime soon. The education you receive at Wake Forest is definitely worth the money though. The teachers are all very intellegent and typically can connect with the students in a way that helps them understand the material and if you're struggling with a class, there are so many options of ways to get help. Also, the professors are almost always available and willing to meet with you. The school puts on several very cool, free activities. You have the opportunity to do so much. I just wish more poeple would take advantage of what the school tries to do for us.

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  • 5
  • Niara from Winston-Salem, NC
  • May-22-2013 I am a current student here

    Although this university is on the pricey end, it is absolutely worth it in the end. Graduating with a degree from Wake Forest University rivals some of the IV league colleges, as we are known nation-wide for our high academic standards.

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