Welcome

Welcome to the Wake Forest Net Price Calculator! We are happy that you are beginning to plan for how to pay for your college education. Using the net price calculator, you can estimate your eligibility for financial aid and out-of-pocket expenses. Rather than shy away from applying due to perceived costs, use the results from the net price calculator to make informed decisions about college affordability.

Younger students and their parents can also use this tool to learn about college costs and receive early financial aid information. You can create "what if" scenarios based on expected family income and anticipated expenses, and start to plan and save well before applying to college.

Net Price Calculator results do not include any merit scholarships. Merit-based scholarships are highly competitive and are among the highest honors given to Wake Forest students. These programs recognize extraordinary achievement, leadership and talent. The Merit-Based Scholarship Office is located in the Undergraduate Admissions office. More information about merit scholarships can be found here.

Some families may be experiencing unique circumstances that affect their ability to contribute toward college costs. These unusual and extraordinary circumstances are considered on a case-by-case basis. If your situation is unusual, you may want to contact the Student Financial Aid office.

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    Wake Forest seeks students with high academic standards from a wide range of backgrounds. Students are admitted based on their accomplishments and the unique qualities they bring to our community. More than 56 percent of undergraduates receive financial assistance. Forty percent of Wake Forest students receive need-based financial aid. In 2012-13, students with need received average awards of $37,600.

The calculator is designed to give you an early indication of how much and what types of financial aid you might qualify for if you were a college freshman attending school full-time in the academic year indicated. It is a tool that we hope will give you a clear picture of options and opportunities so you can make more informed decisions about your college choices.

As you use the calculator, please remember:

  1. This is not an application for admission or financial aid.
  2. The results will only be as reliable as the data you provide.
  3. The net price calculator will only give you an estimate of your net price and aid eligibility. The financial aid office has the final word on your financial aid award.
  4. You must complete the Free Application for Federal Student Aid (FAFSA at www.fafsa.gov) and the CSS PROFILE (PROFILE at www.collegeboard.com) as soon as possible after January 1 of the year you plan to attend college.
  5. If your parents are separated or divorced, you should complete a separate calculation for each parent. If either parent has remarried, then the contribution from income will be prorated, and the contribution from assets will be halved.

Completing the calculator should take no more than 20 minutes of your time. You will need to answer some basic questions about your parents' financial situation; it will be helpful to have recent tax forms or pay stubs on hand before you begin.

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