Wake Forest University tuition, cost & net price

The sticker price at Wake Forest University is $87,499 a year. After grants and scholarships, students receiving federal aid pay $28,719 on average, and what your family pays depends mostly on income. Choose yours below.

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What your family pays
$28,719 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $87,499. College Scorecard.

Net price by family income

Average after grants and scholarships for students receiving federal aid. Tap your band.

College Scorecard, latest reported year

Sticker price, line by line

Per year, living on campusAll students
Tuition & fees$67,642
Housing & meals$17,848
Books & supplies$1,630
Personal & travel$3,320
Living-at-home adjustment−$2,941
Total cost of attendance$87,499

Cost items: IPEDS 2023-24, on-campus budget. Total: College Scorecard, which averages students living on and off campus; the adjustment row reconciles the two.

Debt after graduation

Median federal loan debt$19,500
Loan default rate0.6%3-year rate, 2017 repayment cohort
Debt as a share of earnings 10 years out25%

College Scorecard; Urban Institute Education Data Portal

Who gets aid

Students with Pell Grants10%Federal grants for lower-income students
Grants for the average aided student$58,780Sticker price minus average net price

College Scorecard

Need-based and merit aid at Wake Forest University

What Wake Forest University reported for full-time first-year students in fall 2025. Merit aid is the money net price averages miss for families who don't qualify for need-based aid.

If you qualify for need-based aid

Share of need met, on average100%Of students awarded need-based aid; excludes parent and unsubsidized loans
Students with need who had all of it met95%303 of 320
Average need-based grant$71,567
Average aid package$79,381Grants, work-study and need-based loans

If you don't qualify for need-based aid

Average merit scholarship from the college$23,168Students with no financial need; excludes athletic awards and tuition benefits
Students without need who got one5%54 first-year students

Items H2-H2A. Common Data Set 2025-26 (fall 2025 first-year students), published by the college.

Wake Forest University net price compared with other North Carolina colleges

Wake Forest University has the 52nd-lowest average net price of 56 North Carolina colleges we cover. Schools around it:

RankCollegeAvg. net priceGraduationEarnings, 10 yrs
48Montreat College$27,06150%$45,151
49Johnson & Wales University-Charlotte$27,42649%$43,418
50Bennett College$28,29925%$36,654
51Lees-McRae College$28,34042%$43,415
52Wake Forest University$28,71989%$78,158
53Duke University$29,61297%$97,800
54Queens University of Charlotte$30,85761%$57,673
55High Point University$38,70774%$61,389
56Elon University$41,55584%$74,545

College Scorecard, latest year. Average for all aided students; your price depends on income. All North Carolina colleges →

Why Wake Forest University costs more or less than similar schools

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Wake Forest University22%$28,71989%$78,158This school
Duke University6%$29,61297%$97,800
Davidson College13%$17,37991%$81,400
Cabarrus College of Health Sciences23%$17,61871%$58,708
Elon University66%$41,55584%$74,545

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Wake Forest University would cost you $893 less per year than Duke University, on average.

  • Higher sticker price at Wake Forest University, mostly from a higher estimate for personal & travel costs (+$1,113).
  • Wake Forest University gives aided families $1,320 more in grants, on average.
Per year, North Carolina residentWake Forest UniversityDuke UniversityDifference
Tuition & fees$67,642$68,758−$1,116
Books & supplies$1,630$1,602+$28
Housing & meals$17,848$17,458+$390
Personal & travel$3,320$2,207+$1,113
Living-at-home adjustment−$2,941−$2,953+$12
Sticker price$87,499$87,072+$427
Average grants−$58,780−$57,460−$1,320
You pay$28,719$29,612−$893

“+” means Wake Forest University costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Wake Forest University cost questions

How much is tuition at Wake Forest University?

Tuition and fees are $67,642 a year.

What is the total cost of attending Wake Forest University?

The total cost of attendance, including housing, meals, books and personal costs, is $87,499 a year.

What do families actually pay at Wake Forest University?

After grants and scholarships, students receiving federal aid pay $28,719 a year on average. Families earning $0–30k pay $6,525; $48–75k pay $7,647; $110k+ pay $58,081.

Does Wake Forest University give merit scholarships?

For fall 2025, 54 full-time first-year students with no financial need received merit scholarships or grants from Wake Forest University, averaging $23,168 (Common Data Set 2025-26, excluding athletic awards). Students with need had 100% of it met on average.

How much debt do Wake Forest University graduates have?

The median federal loan debt at graduation is $19,500, and 0.6% of borrowers defaulted within three years of entering repayment (2017 cohort).

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Sources: U.S. Department of Education College Scorecard and IPEDS; Urban Institute Education Data Portal (ODC-By). Net price is an average for first-time, full-time students receiving federal aid, not a quote; confirm with the school's net price calculator. Back to Wake Forest University overview