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Wake Forest University

Winston-Salem, NC·Private nonprofit·5,485 students
Last updated: March 22, 2026

A good fit for competitive applicants. no major red flags in the data. solid earnings of $79,600 within 10 years; strong 89% graduation rate.

22%
Accept
5,485
Students
$28,719
Net Price
89%
Grad Rate
$79,600
Earnings
10 yr
$21,500
Debt

About This School

Wake Forest University is a private nonprofit institution located in Winston-Salem, North Carolina with approximately 5,485 undergraduate students enrolled. The school is moderately selective, accepting approximately 22% of applicants. The average net price after financial aid is $28,719 per year. The graduation rate is 89%, and the typical graduate earns $79,600 within 10 years of enrollment.

Wake Forest University is a private research university in Winston-Salem, North Carolina, United States. Established in 1834 by Baptists, the university received its name from its original location in Wake Forest, north of Raleigh, North Carolina. The Reynolda Campus, the university's main campus, has been located north of downtown Winston-Salem since the university moved there in 1956. Wake Forest also maintains other academic campuses or facilities in Charlotte, North Carolina; Washington, D.C.; Venice; Vienna; and London.

This is a strong option for students who want a tight-knit, academically serious environment — a 95% freshman retention rate and 91% graduation rate signal that students who get in tend to thrive and finish. At $28,746/year after aid, it's not cheap, but median earnings of $79,600 a decade out and relatively modest debt of $19,500 at graduation suggest the investment tends to pay off. The 22% acceptance rate means it's selective, so apply here if you're a competitive student looking for a smaller university feel with solid career outcomes.

Founded
1834
Setting
Large city
Conference
Atlantic Coast Conference
Avg Faculty Salary
$12,666

Popular Programs

Business & Marketing22%
Social Sciences21%
Biological Sciences9%
Communications9%
Psychology9%
Computer Science3%
Engineering3%
Visual & Performing Arts1%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Tim DuncanChris PaulArnold PalmerFrancis ArinzeMuggsy BoguesMarc BlucasRichard BurrJesse HelmsCharlie CristThomas MarshburnCarroll O'ConnorDarius Songaila

Source: Wikidata. Used for context only.

Admissions

Test Policy: Considered but not required

SAT Scores

Average Composite1475
Reading 75th %ile750
Math 75th %ile770

ACT Scores

Midpoint CompositeN/A

Cost & Financial Aid

In-State Tuition
$67,642
Out-of-State Tuition
$67,642
Avg Net Price
$28,719
after aid

Net Price by Family Income

Under $30k$6,525
$30–48k$6,331
$48–75k$7,647
$75–110k$12,771
$110k+$58,081

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants10%
Median debt at graduation$21,500

Full Cost

After Graduation

Graduation Rate
89%
within 6 years
Retention Rate
93%
freshmen returning
Earnings (10 yr)
$79,600
after enrollment
Median Debt
$21,500
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$73,800
Female graduates$50,900

Gap: 31% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$21,500
at graduation
Earnings (6 yr)
$62,900
after enrollment
Earnings (10 yr)
$79,600
after enrollment
Earnings-to-Debt Ratio: 3.7x

Strong return. Graduates earn well above their debt load.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White65%
Black6%
Hispanic/Latino10%
Asian5%
Two or more races5%
International6%

Source: U.S. Department of Education College Scorecard (5,485 undergraduates).

Contact & Location

Address

Wake Forest University

1834 Wake Forest Road

Winston-Salem, NC 27106

View on Google Maps →

Other Schools in North Carolina

Browse all North Carolina schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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