Costs
The sticker price at Wake Forest is $79,886. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
Using State Grants at Wake Forest
If you're a North Carolina native with demonstrated financial need, be sure to look into state grants to help pay for Wake Forest. The state offers two major need-based grants: The NC Need-Based Scholarship for Private College Students and the NC Scholarship. Both are reserved for needy students, and the former is reserved for those attending private schools. Unlike scholarships, these do not involve selection committees or essays. If you meet the requirements and the funds have not been exhausted, you will receive the money.
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See more North Carolina scholarshipsWake Forest University Financial Aid
Students who are applying for financial aid at Wake Forest need to submit both the Free Application for Federal Student Aid (or FAFSA), as well as the CSS Profile.
The FAFSA opens up on October 1st, and students should apply as soon as they can! The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Wake Forest is 002978 and the CSS Profile Code is 5885.
It should be noted that while the FAFSA is free, the CSS Profile does require an application fee. However, students can qualify for a CSS Profile application fee waiver if the cost will present a financial hardship for the students’ family.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, check out these resources:
Wake Forest University’s 100% Need-Met Guarantee
Wake Forest has committed to meeting 100% of applicants’ financial needs. They determine your financial need using the FAFSA and/or CSS Profile, and will ensure that your financial aid package covers any costs you cannot pay.
Stamps Scholarship at Wake Forest
Wake Forest participates in the Stamps Scholarship Program, which means that they offer recurring scholarships to select admitted students. These awards range between $6,000 to $90,000 per year. Many schools automatically consider admitted students for Stamps Scholarships. However, some schools have a separate application process; be sure to check Wake Forest's website for information on how to apply.
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Pell Grants at Wake Forest University
9% of students at Wake Forest University receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Wake Forest University.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Wake Forest students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources: