How much is the Wake Forest tuition? For the academic year 2023-2024, Wake Forest's tuition & fees is $64,758.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $85,618 when a student lives on-campus.
Wake Forest Tuition & Expenses
| 2022-2023 Rate |
|---|
| Tuition & Fees | $64,758 |
|---|
| Books & Supplies Costs | $1,500 |
|---|
| On-campus Room & Board | $16,652 |
|---|
| On-campus Expenses | $2,708 |
|---|
| Off-campus Room & Board | $16,652 |
|---|
| Off-campus Expenses | $2,708 |
|---|
| 2023-2024 Projection |
|---|
| Tuition & Fees | $62,128 |
|---|
How Much Does it Cost to Go to Wake Forest for 4 Years?
For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $287,631 at Wake Forest. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $373,123. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $169,573.
The following table computes the 4 years tuition and COA by class of year.
Average Tuition By School Type and Comparison
Compared to four-years schools nationwide, Wake Forest' tuition is much higher than the average tuition of $20,937. Compared to private, four-years colleges in North Carolina, its tuition is much higher than the average tuition of $22,054.
| In-State | Out-of-State |
|---|
| Wake Forest University | $64,758 |
|---|
| U.S. Four-years Colleges | $18,672 |
|---|
| Public Schools | $7,199 | $12,960 |
|---|
| Private Schools | $20,937 |
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| North Carolina Four-years Colleges | $17,713 |
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| Public Schools | $3,583 | $11,086 |
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| Private Schools | $22,054 |
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Compare Similar School's Tuition
The next table compares the tuition & fees between Wake Forest and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
| Location | Undergraduate | Graduate |
|---|
| Wake Forest University | Winston-Salem, NC | $64,758 | $39,350 |
|---|
| Rensselaer Polytechnic Institute | Troy, NY | $61,884 | $61,873 |
|---|
| Case Western Reserve University | Cleveland, OH | $64,671 | $52,402 |
|---|
| University of Denver | Denver, CO | $59,340 | $58,347 |
|---|
| St. John's University-New York | Queens, NY | $50,110 | $34,246 |
|---|
| University of Miami | Coral Gables, FL | $59,926 | $44,858 |
|---|
| Boston University | Boston, MA | $65,168 | $64,712 |
|---|
| Fordham University | Bronx, NY | $61,992 | $25,954 |
|---|
| Saint Louis University | Saint Louis, MO | $53,244 | $24,494 |
|---|
| Rochester Institute of Technology | Rochester, NY | $57,016 | $57,764 |
|---|
| Marquette University | Milwaukee, WI | $48,700 | $23,845 |
|---|
Tuition Trends Over Past 10 Years
The undergraduate tuition & fees of Wake Forest University has increased by 38.86% over the past 10 years from $44,742 to $64,758. The graduate tuition & fee has increased by 13.34% from $34,698 to $39,350.
The living costs increased by 4.00% last year and 34.44% over the past 10 years.
Financial Aid and COA
At Wake Forest University, 2,255 students (41%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $45,828.
After receiving financial aid, the cost of attendance (COA) at Wake Forest is $39,790 for students living on-campus and $39,790 for students living off-campus.
For beginning students (i.e. first-time freshmen), 528 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $54,233 and the average amount of student loans is $10,075.
The financial aid data is based on 2021-2022 statistics from IPEDS.
Admission Stats and Requirements to Apply
Wake Forest's acceptance rate is 25.18%. A total of 15,156 applicants applied to and 3,816 students were accepted. Of the admitted students, 1,412 enrolled finally, and the yield (i.e. enrollment rate) is 37.00%.
To apply to Wake Forest, 5 items are required - Secondary school GPA, Secondary school rank, Secondary school record, Recommendations and TOEFL (Test of English as a Foreign Language) and 1 items are recommended to submit - Completion of college-preparatory program. SAT and ACT scores are considered during the admissions process but are not required to be submitted.
Student Population
Wake Forest University has a total of 8,963 students including 5,447 undergraduate and 3,516 graduate students. By gender, there are 3,974 male students and 4,973 female students attending Wake Forest. The school offers online degree programs and 872 students enrolled online exclusively (9.73% of all students).
| Total | Male | Female |
|---|
| Total | 8,947 |
3,974 | 4,973 |
|---|
| Undergraduate | 5,472 |
2,502 | 2,970 |
|---|
| Graduate | 3,475 |
1,472 | 2,003 |
|---|
Directory & Academic Information
| Directory Information |
|---|
| Address | 1834 Wake Forest Road, Winston-Salem, NC |
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| Phone | 336-758-5000 |
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| WEB | www.wfu.edu |
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| Degree & Programs |
|---|
| Degree | Undergraduate, Graduate |
|---|
| Program Offered | 100 Programs |
|---|
| Online Program Offered | 2 Online Programs |
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| Graduate Program Offered | 48 Graduate Programs |
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| Academic Stats |
|---|
| Acceptance Rate | 21.37% |
|---|
| Yield | 38.03% |
|---|
| Student Population | 8,963 |
|---|
| Graduation Rate | 89% |
|---|
| Retention Rate | 94% |
|---|
| Students to Faculty Ratio Rate | 10 to 1 |
|---|
| Faculty & Staffs |
|---|
| Number of Faculties | 1,919 (Full-time), 339 (Part-time) |
|---|
| Number of Staffs | 6,572 (Full-time), 827 (Part-time) |
|---|
| Average Faculty Salary | $108,398 |
|---|
| Average Staff Salary | $78,430 |
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