Affordability

College is expensive. Let us help make it affordable.

The numbers can be daunting, but they are not disqualifying. The committed professionals in 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. Wake Forest has been ranked as one of the Top 25 National Universities in value in recent years.


2020-21 Costs & Fees

The following figures are an estimate of average total costs and is used to determine need for financial aid. Please visit the financial aid website for full details and the most up-to-date information.


Fee Cost
Tuition & Fees (Base)
$57,760
Housing (standard double room) $9,848
Meals $5,672
Books and supplies $1,500
Personal expenses $1,550
Transportation $948
Fed Direct Loan Avg. Fee $64
TOTAL (Estimated):
$77,342

Female student at her computer

Financial Aid

Like the more than 54% of 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.

More on Financial Aid


Financial Aid FAQs

Associate Director of Financial Aid Tom Benza (MA ’12) helps navigate the often complex world of scholarships, loans and family contributions and how they all come together.


Net Price Calculator

Students who receive financial aid should consider “net cost” (cost of attendance minus total grants and scholarships) in thinking about the actual cost of attending Wake Forest. Use our Net Price Calculator to estimate your actual cost. The Net Price Calculator will not estimate any merit scholarships that you may also receive.

Use the Calculator

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.

More on Aid

Important Dates

The deadline for Need-Based Financial Aid applications is provided below.

Applicant Type Deadline
Early Decision I Nov. 15
Early Decision II Jan. 1
Regular Decision Jan. 1