Wake Forest University

Wake Forest University

Winston-Salem, North Carolina

Tuition and Fees

The cost for undergraduate students to attend Wake Forest University for an academic year can be broken down into $54,430 for tuition, $1,010 for fees, $1,500 for books and supplies, $15,018 for room and board and $2,400 for other expenses. The cost for in-state and out-of-state students is the same.

Tuition and Fees

Books and supplies$1,500
Room and board$15,018
Other expenses$2,400

Tuition Plans

Any alternative tuition plans offered by institutionYes
Tuition guaranteed planNo
Prepaid tuition planYes
Tuition payment planYes
Other alternative tuition planNo

Financial Aid

45% of undergradate students at Wake Forest University received financial aid. The distribution of financial aid types at Wake Forest University consists of 36% receiving grant or scholarship aid of $46,779 on average, 9% receiving pell grants of $4,874 on average, 36% receiving institutional grants or scholarships of $44,705 on average, and 18% receiving federal student loans of $4,993 on average.

Average Grant/Scholarship Aid


Awarded any Financial Aid

Aid TypeNumber ReceivingPercent ReceivingAverage Aid Received
Grant or scholarship aid51436%$46,779
Pell grants1299%$4,874
Institutional grants or scholarships51236%$44,705
Federal student loans26018%$4,993

Net Price

Average Net Price


Net prices changes by family income and financial need. Net price typically increases with increase in family income because of higher amounts of financial aid available to students belonging to lower income families. Students in the lowest $0 – $30,000 family income bracket paid net price of $5,250 compared to net price of $5,981 in the $30,001 – $48,000 family income bracket, $12,004 in the $48,001 – $75,000 family income bracket, $23,550 in the $75,001 – $110,000 family income bracket and $50,359 in the $110,001 and more family income bracket.

Net Price by Family Income

Family IncomeNet Price Paid
$0 – $30,000$5,250
$30,001 – $48,000$5,981
$48,001 – $75,000$12,004
$75,001 – $110,000$23,550
$110,001 and more$50,359

Net price reflects the actual cost to attend after accounting for finanical aid. Net price includes tuition, books, living costs, and other expenses after subtracting federal financial aid received by students.

Sticker Price

The cost for a 4 year bachelors degree at Wake Forest University is $314,482. The cost reported is aggregated over 4 years and includes tuition and fees, books and supplies, room and board, and other miscellaneous expenses. The year to year increases in tuition and cost of living are accounted by applying a rate of increase of 4% which is based on the average rate of increase in the last 2 years as reported by Wake Forest University. The actual net cost paid by students could be lower because financial aid is not accounted for in this cost. The cost for in-state and out-of-state students is the same.

4-year Sticker Price

Year Sticker Price