Cost of college went up for all students at Wake Forest University

Tuition and fees rose 4.2 percent for 2017-18 at Wake Forest University, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 4.2 percent for 2017-18 at Wake Forest University, according to the latest disclosure from the U.S. Department of Education.

North Carolina students paid $51,400 to attend the four-year private not-for-profit institution this year $2,092 more than the $49,308 charged for 2016-17.

Data shows 47 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 502 students received grants or scholarships totaling $20.38 million and 320 students took out student loans totaling more than $2.96 million.

Including all undergraduates, 2,410 students used grants or scholarships totaling $82.03 million. Another 1,244 took out $9.25 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~1,594
$46,200
$47,682
$49,308
$51,400
11.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Wake Forest University in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
133
10%
$1,029,649
$7,742
State / local grant or scholarship
78
6%
$360,088
$4,617
Institutional grants or scholarships
500
39%
$18,989,477
$37,979
Grant or scholarship aid total
502
39%
$20,379,214
$40,596
Federal student loans
313
24%
$2,077,535
$6,637
Other student loans
54
4%
$887,355
$16,433
Student loan aid
320
25%
$2,964,890
$9,265
Total student aid
609
47%

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