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

$19,960

Undergraduate

$2,295

Graduate

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%.

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$38,0103.41%
2017-18$51,400$39,1404.24%
2018-19$53,322$39,1763.74%
2019-20$55,440$39,2003.97%
2020-21$57,760$39,2164.18%
2021-22$59,770$39,2403.48%
2022-23$62,128$39,3283.95%
2023-24$64,758$39,3504.23%
2024-25$67,642$39,1414.45%
Wake Forest University Tuition & Fees Changes Chart

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$1,4040.29%
2018-19$1,5006.84%
2019-20$1,500
2020-21$1,500
2021-22$1,500
2022-23$1,500
2023-24$1,6308.67%
2024-25$1,6803.07%

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$15,8042.65%
2017-18$16,326$16,3263.30%
2018-19$16,816$16,8163.00%
2019-20$17,418$17,4183.58%
2020-21$18,018$18,0183.44%
2021-22$18,616$18,6163.32%
2022-23$19,360$19,3604.00%
2023-24$21,168$21,1689.34%
2024-25$21,880$21,8803.36%

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$64,7584.45%
University of Virginia-Main Campus$61,591$59,6333.28%
University of North Carolina at Chapel Hill$41,203$39,3304.76%
Georgia Institute of Technology-Main Campus$34,484$32,8764.89%
Clemson University$40,866$39,4983.46%
Boston College$70,702$67,6804.47%

Ratings & Review

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