Cost Details
- In-State Tuition
- $64,758
- Out-of-State Tuition
- $64,758
- Average Net Price
- $28,746
- Students Receiving Financial Aid
- 9.5%
- Room & Board (On Campus)
- $17,848
- Room & Board (Off Campus)
- $17,848
- Books & Supplies
- $1,630
- Total Cost of Attendance
- $84,236
- Median Debt at Graduation
- $21,500
- Estimated Monthly Loan Payment
- $228/mo
- Loan Repayment Rate
- 88.2%
- Students Taking Federal Loans
- 14.6%
- Pell Grant Recipients
- 9.5%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $11,554 |
| $30,001 – $48,000 | $6,043 |
| $48,001 – $75,000 | $12,769 |
| $75,001 – $110,000 | $19,759 |
| $110,001+ | $54,447 |
Cost Estimator
Cost Overview
Wake Forest families actually pay an average of $28,746 per year after aid, bringing the four-year total to around $115,000. The cost varies dramatically by income though. Families earning under $30,000 pay just $11,554 annually, while those making over $110,000 face $54,447 per year. The school's generous aid explains why only 9.5% of students receive Pell Grants despite the high sticker price of $64,758.
Graduates leave with a median debt of $21,500, translating to monthly payments of $228. That's manageable given the median starting salary of $52,635 and strong employment rate of 95.2%. The school maintains an 88% loan repayment rate, suggesting graduates can handle their obligations. Wealthy families pay full freight here, but middle and lower-income students with strong academics get the best financial deal at Wake Forest.
Graduates leave with a median debt of $21,500, translating to monthly payments of $228. That's manageable given the median starting salary of $52,635 and strong employment rate of 95.2%. The school maintains an 88% loan repayment rate, suggesting graduates can handle their obligations. Wealthy families pay full freight here, but middle and lower-income students with strong academics get the best financial deal at Wake Forest.
Official Net Price Calculator
Get a personalized cost estimate from Wake Forest University:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.