Paying for Wake Forest University
| Undergraduate | Graduate | |
|---|---|---|
| 2023 Tuition & Fee | $62,128 3.95% | $39,328 0.22% |
The 2023 tuition & fees of Wake Forest University (Wake Forest) is $62,128 for prospective students and the 2023 graduate school tuition & fees is $39,328. Its undergraduate tuition and fees is higher than the average amount for similar schools' tuition of $47,495.
40% of enrolled undergraduate students have received grants or scholarships and the average aid amount is $46,814. It could cover 75.35% of full tuition amount. After receiving the financial aid, the net price is $36,174 including tuition, fees, books & supplies costs, and living costs.
For class of 2026 who were admitted in Fall 2022, the estimated tuition for four(4) years is $265,688. The estimated total costs of attendance with living costs and personal expenses is $354,106 for four(4) years.
Tuition, Fees, and Living Costs Analysis
For the academic year 2022-2023, the undergraduate tuition & fees at Wake Forest is $62,128. The 2023 undergraduate tuition has been risen by 3.95% compared to the previous year. Its undergraduate tuition and fees is higher than the average amount for similar schools' tuition of $47,495.
The undergraduate estimated tuition & fees for the academic year 2023-2024 is $64,579 which is a 3.9% increase compared to 2023's rate.
The living costs including for room, board, transpiration, and other personal expenses is $19,360. The Living costs increased by 4.00% compared to the previous year for both on-campus and off-campus stay.
| Year | Tuition & Fees | On Campus Room & Board, Other Expenses |
|---|---|---|
| 2021-2022 | $59,770 | $18,616 |
| 2022-2023 | $62,128 | $19,360 |
| Change % 2022-2023 | 3.95% | 4.00% |
| 2023-2024 | $64,579 | $20,134 |
Data source: NCES(National Center for Education Statistics
Updated with 2022-2023 tuition (Last update: Feb. 27, 2023)
Cost estimates for 2023-2024 are based on last year's rate of change.
For graduate school, the tuition and fees is $39,328 for the academic year 2022-2023. The graduate tuition has been risen by 0.22% compared to the previous year. Its graduate tuition and fees is higher than the average amount for similar schools' tuition of $29,909.
The estimated graduate school tuition & fees is $39,416 for the academic year 2023-2024 which is a 0.2% increase compared to 2023's rate.
| Year | Tuition & Fees | On Campus Room & Board, Other Expenses |
|---|---|---|
| 2021-2022 | $39,240 | $18,616 |
| 2022-2023 | $39,328 | $19,360 |
| Change % 2022-2023 | 0.22% | 4.00% |
| 2023-2024 | $39,416 | $20,134 |
***
Data source: NCES(National Center for Education Statistics
Updated with 2022-2023 tuition (Last update: Feb. 27, 2023)
Cost estimates for 2023-2024 are based on last year's rate of change.
The below table describes the cost per credit hour for part-time students and/or full-time students who
take additional courses more than regular credit hours at Wake Forest. The undergraduate tuition per credit hour is $2,530. The graduate tuition per credit hour is $1,563.
| Year | Cost Per Credit Hour | |
|---|---|---|
| Undergraduate | 2021-2022 | $2,434 |
| 2022-2023 | $2,530 | |
| 2023-2024 | $2,630 | |
| Graduate | 2021-2022 | $1,560 |
| 2022-2023 | $1,563 | |
| 2023-2024 | $1,566 |
The 2023 costs per credit hour has been officially published by IPEDS and 2024 costs is estimated based on the change rate of last two years.
The next table compares the tuition & fees between Wake Forest University and its similar schools. The similar schools are based on factors such as school type, level, and rivalry schools.
| In-State | Out-of-State | |
|---|---|---|
| Wake Forest University | $62,128 | |
| University of Pittsburgh-Pittsburgh Campus | $21,080 | $37,320 |
| Florida State University | $5,656 | $18,786 |
| Duke University | $62,688 | |
| North Carolina State University at Raleigh | $9,128 | $30,869 |
| University of Miami | $57,194 | |
Four(4) Years Tuition & Fees and Costs of Attendance
How Much is the tuition for 4 years at Wake Forest?
For the students who were admitted in Fall 2023, the estimated tuition for 4 years at Wake Forest is $265,688.
The estimation excludes the book, supplies, and living costs before receiving any financial aid. See the other tabs for estimating 4-year total costs of attendance and after financial aid. The next table shows the estimated 4-years tuition & fees for the next 5 admission years. The estimation is based on 4-years changes in tuition & fees at the school.
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total | |
|---|---|---|---|---|---|---|
| Class of 2027 | Fall 2023 | $63,800 | $65,517 | $67,280 | $69,091 | $265,688 |
| Class of 2028 | Fall 2024 | $65,517 | $67,280 | $69,091 | $70,950 | $272,838 |
| Class of 2029 | Fall 2025 | $67,280 | $69,091 | $70,950 | $72,860 | $280,181 |
| Class of 2030 | Fall 2026 | $69,091 | $70,950 | $72,860 | $74,820 | $287,721 |
| Class of 2031 | Fall 2027 | $70,950 | $72,860 | $74,820 | $76,834 | $295,464 |
The table shows the 4-years estimation of total costs of attendance (COA). It includes the tuition & fees, books & supplies costs, room & board charges, and other living expenses.
For the students who were admitted in Fall 2023, the estimated 4-years COA is $354,106.
The next table shows the 4-year COA estimation for the next 5 admission years at Wake Forest University.
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total | |
|---|---|---|---|---|---|---|
| Class of 2027 | Fall 2023 | $85,146 | $87,360 | $89,634 | $91,967 | $354,106 |
| Class of 2028 | Fall 2024 | $87,360 | $89,634 | $91,967 | $94,363 | $363,323 |
| Class of 2029 | Fall 2025 | $89,634 | $91,967 | $94,363 | $96,822 | $372,785 |
| Class of 2030 | Fall 2026 | $91,967 | $94,363 | $96,822 | $99,346 | $382,497 |
| Class of 2031 | Fall 2027 | $94,363 | $96,822 | $99,346 | $101,937 | $392,466 |
Last year, 40% of enrolled undergraduate students have received grants or scholarship aid. It includes any financial aid from the federal government, state, local, institute, and other sources known by the institution. It excludes federal/private student loans.
After receiving the financial aid, the net price for 4 years of attending the school is $166,850.
The next table shows the 4-year COA estimation with financial aid for the next 5 admission years at Wake Forest University.
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total | |
|---|---|---|---|---|---|---|
| Class of 2027 | Fall 2023 | $38,332 | $40,546 | $42,820 | $45,153 | $166,850 |
| Class of 2028 | Fall 2024 | $40,546 | $42,820 | $45,153 | $47,549 | $176,067 |
| Class of 2029 | Fall 2025 | $42,820 | $45,153 | $47,549 | $50,008 | $185,529 |
| Class of 2030 | Fall 2026 | $45,153 | $47,549 | $50,008 | $52,532 | $195,241 |
| Class of 2031 | Fall 2027 | $47,549 | $50,008 | $52,532 | $55,123 | $205,210 |
Tuition, Fees, and Living Cost Tables and Charts
Next tables and charts illustrate the 2023 tuition, fees, books & supplies, and living costs in detail. We provide the previous 5 years' costs so that you can check the increased amounts of each cost item and estimate future year costs. In addition, you can check the financial aid amount including grant, scholarship, and federal student loans for the last five years. Use the left menu to explore the tuition and college costs information at Wake Forest University.
Wake Forest University 2023 Costs of Attendance
| Tuition & Fees | Book & Supplies | Living Costs | |
|---|---|---|---|
| Undergraduate | $62,128 | $1,500 | $19,360 |
| Graduate | $39,328 | $1,500 | $19,360 |
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