Skip to main content
21.4%Acceptance
$64,758Tuition
5,471Students
91%Grad Rate (6-yr)
$78,158Earnings
#6 in North CarolinaPrivate nonprofit4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IStudy AbroadData: 2023-24

About Wake Forest University

Wake Forest operates with the motto "Pro Humanitate" and builds future leaders through intensive academics and tight-knit community bonds. The 5,471 students learn from professors who know their names, with a 9:1 student-faculty ratio ensuring personal attention. Notable graduates include NBA legend Tim Duncan and golf icon Arnold Palmer. The Winston-Salem campus sits in North Carolina's fourth-largest city, blending Southern charm with urban opportunities.

Students pay an average net price of $28,746 after financial aid, though this varies dramatically by family income. Families earning under $30,000 pay just $11,554, while those making over $110,000 face $54,447 annually. Graduates typically earn $78,158 ten years after graduation, making the median debt load of $21,500 manageable with monthly payments of $228. The 95.2% employment rate suggests strong career prospects.

Wake Forest's Demon Deacons compete in the ACC with 430 student-athletes across 14 sports. The school awards over $21 million in athletic scholarships annually. Students come primarily from out-of-state, with only 16.53% from North Carolina. The 94.67% retention rate reflects student satisfaction, while the 90.90% six-year graduation rate demonstrates academic rigor paired with strong support systems.

Academics & Faculty

Wake Forest operates as a private research university that feels more like a liberal arts college due to its intimate academic environment. The 9:1 student-faculty ratio ensures professors know students personally and can provide individual mentorship. This close attention shows in the numbers: 90.9% of students graduate within six years, well above the national average. The university is particularly well-known for its business school, which consistently ranks among the top programs nationally. Pre-med students benefit from high medical school acceptance rates, while the communications program attracts future journalists and media professionals. With only 5,471 students total, Wake Forest combines rigorous academics with the personal attention typically found at much smaller institutions.

Source: College Scorecard / U.S. Department of Education

Student-to-Faculty Ratio
9:1
Full-Time Faculty
75.6%
Graduation Rate (4-year)
90.3%
Graduation Rate (6-year)
90.9%
Retention Rate
94.7%
Median Earnings (10 years)
$78,158
Carnegie Classification
Doctoral University (R2)

Popular Programs by Earnings

Popular programs by earnings
ProgramLevelMedian Earnings
Allied Health Diagnostic, Intervention, and Treatment Professions. Master $96,587
Finance and Financial Management Services. Bachelor $80,510
Business Administration, Management and Operations. Master $76,836
Computer Science. Bachelor $71,015
Mathematics. Bachelor $70,456
Business/Commerce, General. Bachelor $66,653
Accounting and Related Services. Master $65,145
Management Sciences and Quantitative Methods. Bachelor $63,005
Law. Doctoral $60,811
Medicine. Doctoral $57,411

View all 89 programs →

Campus Life

Wake Forest's 340-acre campus sits in Winston-Salem, North Carolina's fourth-largest city with a population around 250,000. You'll need both a winter coat and sunscreen here, as temperatures range from the 30s in January to the 90s in July. The university houses 75% of its 5,471 students on campus, creating a tight-knit residential community where the 9:1 student-faculty ratio translates into genuine mentorship relationships.

The Demon Deacons take their "Work Forest" nickname seriously during the week, but weekends revolve around ACC athletics and the famous Screamin' Demons student section. Students gather on the Quad for everything from impromptu frisbee games to formal events tied to the school's "Pro Humanitate" motto. Greek life influences the social scene , though the small size means everyone mingles across different groups. Winston-Salem offers internships at companies like Reynolds American and Krispy Kreme, while Charlotte sits 90 minutes away for bigger city experiences. The 94.67% retention rate reflects how students bond with this close-knit academic community.
Setting
City-Large
Housing Capacity
4,104 beds
Calendar System
Semester
Study Abroad
Available
Founded
1834

Campus Safety (2023)

219 total reported incidents. Source: Clery Act / U.S. Department of Education

Campus safety incidents by location
OffenseOn CampusResidentialNoncampusPublic Property
Domestic Violence 2 0 52 0
Stalking 16 9 18 0
Motor Vehicle Theft 28 1 6 0
Burglary 8 3 11 0
Aggravated Assault 2 1 11 6
Rape 6 5 5 0
Dating Violence 6 6 1 0
Fondling 0 0 9 0
Robbery 2 0 4 1

Climate & Weather

January Avg
30°–48°F
July Avg
69°–88°F
Annual Precipitation
43.2"
Annual Snowfall
6.2"

Student Demographics

Wake Forest draws ambitious students from across the country, with over 80% coming from out-of-state. The student body skews affluent, as only 9.5% receive Pell Grants. Women slightly outnumber men, reflecting strong liberal arts and business programs. The demographic mix creates a competitive but collaborative environment where networking starts early. Students typically come from suburban and private school backgrounds, bringing high academic credentials to match the 21% acceptance rate. The "Pro Humanitate" motto attracts service-minded achievers who balance rigorous academics with Division I athletics and Greek life traditions.
Men
44.6%
Women
55.4%
White
64.3%
Black
6.6%
Hispanic
9.6%
Asian
5.3%
In-State Students
16.5%
Pell Grant Recipients
9.5%

Location

Wake Forest sits in Winston-Salem, North Carolina, about 100 miles from Charlotte and 80 miles from Raleigh. The city houses 249,000 residents and serves as the headquarters for major corporations like Reynolds Tobacco and Krispy Kreme. Winston-Salem blends college town energy with urban amenities, earning its nickname as the "City of Arts and Innovation" for its thriving cultural scene. The area sits in the rolling Piedmont region, offering mild winters and access to both the Blue Ridge Mountains and Atlantic coast within a few hours' drive. Over 83% of Wake Forest students come from out of state, drawn to this mid-sized Southern city. Students considering colleges in North Carolina may also compare Wake Forest with similar schools in the region.
Address
Winston-Salem, North Carolina 27106
Tim duncan vs wizards 2009 cropped
Tim duncan vs wizards 2009 cropped
Bob Ehrlich
Bob Ehrlich
ANIL RAI GUPTA CMD, Havells India
ANIL RAI GUPTA CMD, Havells India

After College

Source: College Scorecard / U.S. Department of Education

Median Earnings (10 years)
$78,158
Median Earnings (5 years)
$86,157
Mean Earnings (6 years after entry)
$62,900
Loan Repayment Rate
88.2%
Monthly Loan Payment
$228/mo
Median Debt at Graduation
$21,500

Frequently Asked Questions

What is the acceptance rate at Wake Forest University?

Wake Forest accepts 21.37% of applicants, making it highly selective among private research universities. The school attracts top students who appreciate its Pro Humanitate motto and strong emphasis on character development alongside academic excellence.

How much does Wake Forest University cost after financial aid?

The average net price is $28,746, though this varies dramatically by family income with the lowest earners paying just $6,043. Wake Forest meets demonstrated need for most students, though only 9.49% receive Pell Grants, reflecting its wealthy student body.

What is the student-faculty ratio at Wake Forest University?

Wake Forest maintains a 9:1 student-faculty ratio with just 5,471 total students. This intimate setting allows professors to know students personally and creates the close-knit community the school is famous for.

What are job prospects like for Wake Forest University graduates?

Graduates earn a median salary of $78,158 ten years after graduation with a 95.2% employment rate. The powerful Demon Deacon alumni network, including NBA stars Tim Duncan and Chris Paul, opens doors across business and professional fields.

Where do most Wake Forest University students come from?

Only 16.53% of students are from North Carolina, with the majority coming from out of state. The student body is 64.27% white and heavily draws from affluent families who can afford the $84,236 total cost of attendance.

How successful are Wake Forest University's athletic programs?

The Demon Deacons compete in the ACC with 14 varsity sports and award over $21 million in athletic scholarships. Wake Forest has produced legendary athletes like Arnold Palmer and maintains a fierce rivalry with nearby Duke University.