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Wake Forest University Tuition & Costs

Your Estimated Price

$55,960 Annual Cost to Attend

Cost Breakdown
$42,700 tuition
$11,660 on campus room & board
$1,100 books
$500 fees
(Based on stats from 2012/2013)

$55,960 Annual Cost to Attend

Cost Breakdown
$42,700 tuition
$11,660 on campus room & board
$1,100 books
$500 fees
(Based on stats from 2012/2013)
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

$26,432 Annual Institutional Aid

Average Aid
80% of students receive aid
17% get federal aid ($8,328 avg)
27% get state aid ($2,884 avg)
47% get institn'l aid ($26,432 avg)
44% get loans ($8,082 avg)

Tuition Trends

Historical Tuition and Fees, with Projected Future Amounts

Future projections are based on past four years' data averaging 3.80% annual change in in-state tuition and fees and 3.80% 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 $23,368 63%
Federal Grant Aid $8,328 17%
Pell Grants $3,845 14%
Other Federal Grants $5,812 15%
Institution Grant Aid $26,432 47%
State Grant Aid $2,884 27%
Student Loans $8,082 44%
Federal Loans $5,907 43%
Other Loans $5,899 17%

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 $1,770
Out of State $1,770


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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