Wake Forest is Affordable

Affordability

Affording a Wake Forest education

As a newly admitted student, you’ll probably have some questions about where to start or what to do next. When you do, we’ll be here for you. We’ve provided several places to start below, but, if you can’t find what you’re looking for or still have questions, visit financialaid.wfu.edu for helpful resources, or reach out to us at finaid@nullwfu.edu.


For financial aid applicants:

For students who have completed all financial aid application requirements, financial aid notifications will be released on Monday, March 28. Incomplete financial aid application requirements may be viewed through the WFU Admissions Application Portal.


How much does Wake cost?

$83,324

Based on the 2022-23 academic year

which includes all of this

$62,128

Tuition & Fees


$10,448

Housing (Double room)


$6,204

Meals


$1,500

Books & Supplies


$3,044

Other Expenses*

How are these costs determined?

The costs shown here are estimated expenses based on a student living on or off campus for the 2022-23 academic year.

For more information on costs, please visit the Cost of Attendance page on the 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

What should I be thinking about now?

Great question! Wake Forest University director of financial aid Tom Benza (MA ’12) is here to help navigate the often complex world of scholarships, loans and family contribution and how they all come together.

Make sure you’re familiar with these too.

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.

Financial Wellbeing

Financial Wellbeing is essentially our ability to manage what we have in a responsible manner – both in the short-term and the long – and achieve peace of mind and a piece of our dreams.

» Learn more about how to manage your finances and take control of college debt

Student Financial Services

Student Financial Services (SFS) provides families with information and answers to finance-related questions.

» Learn about tuition insurance, student account refunds, Deacon OneCard, and DEAC

Tips for aid recipients

Financial Aid Portal

Log into your Financial Aid Portal.

This is available once you’re enrolled at WFU.

Make sure your aid is all set (accept/decline loans and work-study, complete loan promissory note and entrance counseling, submit work-study placement survey, complete federal verification requirements). We can help you cut through the red tape.


Email

Check your WFU email regularly.

We’ll be sending you important information to ensure maximum aid eligibility and timely receipt of funds. Make sure you read any email sent from finaid@nullwfu.edu and help us to help you by responding without delay.


Federal Work Study

Apply for Federal Work-Study.

It’s not like other aid programs. Federal Work-Study provides a real paycheck to help with daily expenses during the year. It’s not available to pay up-front charges like tuition, housing, and meal plans. So, your student account (DEAC) statement will not include estimated Federal Work-Study earnings.


Spend wisely.

Aid eligibility is based on “modest but adequate” standard estimates of expenses. Don’t overspend on a meal plan that you might not fully need. Consider used or rental textbooks. Access free entertainment. Use free or low-cost transportation. Get local discounts.

What if I still have questions?

Additional financial resources are provided below. However, if you still have questions, or aren’t sure where to start, please feel free to reach out to your regional dean, who will be more than happy to guide you in the right direction.

Wake Forest holds the first of two move-in days for new first year students

Info for New Deacs

Learn how to make informed financial decisions during your college years and into your professional life.

Reynolda Hall

Office of Financial Aid

Contact Info
Campus Location