How much has Wake Forest's Tuition Increased over the Past 10 Years?

Wake Forest's tuition & fees has increased from $47,682 (2015) to $67,642 (2025), and the rate of tuition increase is 41.86% over the past 10 years. The graduate school tuition & fees has raised from $36,846 (year 2015) to $39,141 (year 2025).

Wake Forest's tuition increase rate is higher than the North Carolina's average increase rate of 4.37%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 10.99%.

Trends by Subject

Cost of Attendance (COA) Trends

The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 41.45% from 2015 ($64,478).

For the current academic year 2024-2025, Wake Forest's COA is $91,202, which is increased by 4.16% from last year.

The following table and chart show changes to Wake Forest's COA over the past 10 years.

Tuition & Fees Changes

The tuition & fees have increased 41.86% for the last 10 years , and the 2025 tuition & fees are $66,470. The following table and chart show the tuition & fees changes at Wake Forest University over last the 10 years.

YearUndergraduateGraduateChange By Year
2015-16$47,682$36,846-
2016-17$49,308$38,010 3.41%
2017-18$51,400$39,140 4.24%
2018-19$53,322$39,176 3.74%
2019-20$55,440$39,200 3.97%
2020-21$57,760$39,216 4.18%
2021-22$59,770$39,240 3.48%
2022-23$62,128$39,328 3.95%
2023-24$64,758$39,350 4.23%
2024-25$67,642$39,141 4.45%

Books & Supplies Costs Changes

The cost of purchasing books & supplies which are required/recommended for courses $1,680, and it has increased 20.00% from the year 2015 to 2025.

YearBooks & SuppliesChange by Year
2015-16$1,400-
2016-17$1,400
2017-18$1,404 0.29%
2018-19$1,500 6.84%
2019-20$1,500
2020-21$1,500
2021-22$1,500
2022-23$1,500
2023-24$1,630 8.67%
2024-25$1,680 3.07%

Living Costs Changes

The living costs including room, board, and other living expenses have increased 33.56% when a student lives on-campus facilities and 33.56% when living-off campus from the year 2015 to 2025. The following table shows the changes in living costs at Wake Forest University.

YearLiving On CampusLiving Off CampusChange by Year
2015-16$15,396$15,396-
2016-17$15,804$15,804 2.65%
2017-18$16,326$16,326 3.30%
2018-19$16,816$16,816 3.00%
2019-20$17,418$17,418 3.58%
2020-21$18,018$18,018 3.44%
2021-22$18,616$18,616 3.32%
2022-23$19,360$19,360 4.00%
2023-24$21,168$21,168 9.34%
2024-25$21,880$21,880 3.36%

Compare Tuition Change to Similar Colleges

The following table compares 2025 tuition and increase rate from last year between Wake Forest University and similar schools.

20252024Increase Rate
Wake Forest University$67,642$64,758 4.45%
North Carolina State University at Raleigh$32,847$31,767 3.40%
University of Miami$62,616$59,926 4.49%
Boston College$70,702$67,680 4.47%
Virginia Polytechnic Institute and State University$37,764$36,694 2.92%
Syracuse University$65,528$63,061 3.91%

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