FourYearCost

Wake Forest University

Winston-Salem, NCPrivate nonprofitRank 23 of 1,732Traditional rank 12 of 1,156

Avg freshman grant · 2022-23
$55,090
468 recipients
Avg grant, later years · 2022-23
$43,731
1,798 recipients
The drop
$11,359
20.6% of the freshman average

Freshman grant vs later years

Freshman year$55,090Later years$43,731

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$11,554
$30–48k$6,043
$48–75k$12,769
$75–110k$19,759
$110k+$54,447

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$62,128
Tuition and fees (in-state), 2023-24$64,758
Change$2,630 (+4.2%)
On-campus room and board, 2023-24$17,848

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$53,3222018-19$55,4402019-20$57,7602020-21$59,7702021-22$62,1282022-23$64,7582023-24

Published tuition and required fees, +21.4% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$24,6432020-21$26,1972021-22$27,7902022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years91%
Full-time freshman retention (return for year 2)95%
Freshmen receiving Pell Grants10%
Freshmen taking federal loans13%
Average federal loan (freshmen who borrow)$5,116
Aid drop one year earlier (2021-22)$10,294

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all NC colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Duke University$59,327$8,005
Davidson College$49,355$2,556
Wingate University$36,426$1,061
Campbell University$34,413$7,674
Lenoir-Rhyne University$33,874$1,731

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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