Affording a Wake Forest Education

The numbers can be daunting, but they are not disqualifying. The committed professionals in the Office of Student Financial Aid are charged with making Wake Forest within your financial reach. With a combination of loans, grants, work-study and other sources, the mission is possible.

How much does Wake cost?


Estimated cost of attendance for the 2024-25 academic year

which includes all of this


Tuition & Fees






Books & Supplies


Other Expenses*

How are these costs determined?

The figures shown here, based on a student living on or off campus for the 2024-25 academic year, are an estimate of average total costs and are used to determine eligibility for need-based financial aid.

For more information on costs, please visit the Undergraduate Cost of Attendance page on the student financial aid website.

Net Price Calculator

Use our Net Price Calculator to estimate your net cost (estimated costs, minus grants and scholarships).

* Other Expenses

Additional fees and expenses that may affect your overall cost of attendance include:

  • Personal expenses
  • Transportation
  • Fed Direct Loan Avg. Fee
  • New Student Orientation Fee

That’s a lot of money—how can my family afford that?

Let’s talk about financial aid.

Like almost half of all undergraduate students at Wake Forest receiving financial assistance in the form of loans, grants or both, you have options. We’re here to help you explore them.

Types of Aid

Need-based grants and scholarships are based upon the income and asset data provided by the family in federal (FAFSA®) and institutional (Profile®) aid applications. Merit-based scholarships are offered on the basis of academic performance, artistic or athletic talent, or other contributions the student may demonstrate.

Determining Need

Most financial aid at Wake Forest is based on a family’s demonstrated financial need. Except in the most extraordinary circumstances, Wake Forest considers undergraduate students to be dependent on their parents. Below, please learn more about determining need and how the Office of Student Financial Aid may assist you.

When do I apply for need-based aid?

Make sure to visit the Applying for Need-Based Aid page on the Student Financial Aid website for additional details and instructions on how to apply for need-based aid.

October 1

Financial aid applications become available

November 15

Deadline for Early Decision I, Early Action applicants

January 1

Deadline for Early Decision II, Regular Decision applicants

Fall 2024 admissions dates and deadlines

Applying to college brings up a lot of questions. Wake Forest Admissions and Student Financial Aid are here to help you with some guidance. Make note of the deadlines below, and follow the accompanying checklist to make applying to Wake Forest a smooth process.

How will I repay my student loans?

Wake Forest grads are successful.

97% of graduates have been employed or in grad school within nine months of receiving their degrees. Additionally, we’re one of very few top national universities to offer five college-to-career courses for credit. The OPCD developed Ready7, a step-by-step process that gives students a clear set of accomplishable actions to be prepared, confident, and ready for career and life.

As a result, Wake grads are able to pay back their loans.

What should I do next?

You have plenty to think about your senior year, and we know applying to college is going to be on your mind a lot. As you navigate your way through your final year of high school, here are a few things we encourage you to consider before applying to Wake Forest.