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Wake Forest University

Quick Stats
Acceptance Rate
Admissions Selectivity
Admissions Yield
Gender Distribution
Average Salary after Graduating
Average Salary a Few Years after Graduating
Tuition + Fees
Student Median Household Income
Undergrad Focus
Undergrad Retention Rate
Undergrad Size
Graduation Rate
Category
Overview
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Acceptance Rate

27.6%

Acceptance Rate by Gender

Percent of Applicants

Tuition & Fees

$51,400

Average Salary in 10 Years

$79,600
Note: 10 years after enrolling at Wake Forest University

Wake Forest University is located in Winston-Salem, North Carolina. It is a mid-size private not-for-profit school and offers both undergraduate and graduate programs. It has 5,102 undergraduate students enrolled and admission is very competitive with an acceptance rate of 27.6%.

Popular majors include Business, Management, Marketing, and Related Support Services, Social Sciences, Biological and Biomedical Sciences, Communication, Journalism, and Related Programs, and Psychology. 88% of students graduate and go on to earn an average starting salary of $62,900.

About
🗺 1834 Wake Forest Road
Winston-Salem, North Carolina 27106
🌐 www.wfu.edu
Map
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Admissions
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Wake Forest University has around 13,071 applicants.

Of the students admitted, 37% decide to enroll at Wake Forest University. This is the admissions yield. A higher admisssions yield means students want to attend the school. A lower one means that they decided to attend another school.

Out of the 13,071 applicants 43% are men and 57% are women. This means that for every 100 male applicants, there are 133 women, or for every 100 female applicants, there are 75 men.

Wake Forest University's acceptance rate is 27.6%. The acceptance rate for men is 29.6% and the acceptance rate for women is 26.1%.

Applicants
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Who applies to Wake Forest University?

Number of Applicants

13,071

Number of Applicants per Spot

10
per spot

Male Applicants

43%

Female Applicants

57%
Acceptance Rate
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Getting into Wake Forest University

Wake Forest University Acceptance Rate

27.6%

Getting in

More Selective

Male Acceptance Rate

29.6%

Female Acceptance Rate

26.1%
School Popularity
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Do Students Want to Go to Wake Forest University?

Wake Forest University Admissions Yield

37%
of accepted students choose to go to Wake Forest University

Male Admissions Yield

37%

Female Admissions Yield

38%
Application
Admission Test Scores Neither required nor recommended
High School GPA Required
High School Rank Required
High School Record Required
Complete High School Recommended
Recommendations Required
Formal Demonstration of Competencies Neither required nor recommended
College Requirements
Graduation Rate
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Graduation Rate

88%
within 6 years

Men Graduation Rate

88%

Women Graduation Rate

89%

Undergrad Graduation Rate

Percent of Students
Source: College Benchmark, Dept. of Education
Cost
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Can you afford to attend Wake Forest University?

Average Cost After Financial Aid

$28,082
for one year
Source: Dept. of Education

Published Tuition & Fees

$51,400
Excludes housing Source: Dept. of Education

Out-of-State Cost: Tuition, Fees & Housing

$65,326
per year

In-of-State Cost: Tuition, Fees & Housing

$65,326
per year
How much debt will you graduate with?

Median Student Debt

$23,811
Source: College Benchmark, Dept. of Education

How much will you pay each month?

$253
Median debt expressed in 10-year monthly payments Source: College Benchmark, Dept. of Education
Note: This is the median monthly payment a graduate of Wake Forest University would expect to pay over 10 years.

Will you be able to pay off your debt?

1%
of students are able to pay down debt 3 years after graduation
Source: College Benchmark, Dept. of Education

The 3-year repayment rate is the percentage of students who are able to repay some of their student debt.

Why does this matter? A high rate means that students are making enough money so that they can pay down their student debt. A low rate means that students are having trouble paying down their loans.

Wake Forest University Financial Aid

Students Receiving Financial Aid

46%
of students
Source: Dept. of Education

Students Receiving a Federal Student Loan

26%
of students
Source: Dept. of Education

To learn more and apply for financial aid at Wake Forest University you can visit financialaid.wfu.edu/.

Wake Forest University Tuition and Room & Board

Out-of-State Tuition

Total Cost: $65,326
Source: College Benchmark, Dept. of Education

In-State Tuition

Total Cost: $65,326
Source: College Benchmark, Dept. of Education
Career & Salary
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How much money will you make after graduating from Wake Forest University?

Wake Forest University students, on average, make $79,600 10-years after they start school (this is approximately 6 years after graduation).

Their salary grows by around 6% in the several years after graduation.

Average Earnings of Students from Wake Forest University

Annual Salary (Years after Starting School)
Source: College Benchmark, Dept. of Education
Note: Data is for the number of years after you start at Wake Forest University. If this is a 4-year college, then 10 years after entry would be 6 years after graduation. If this is a 2-year college, then 10 years after entry would be 8 years after graduation.

How much will your income increase each year?

6.1%
in early to mid-career Source: College Benchmark, Dept. of Education
Note: Based on average salary 6 years and 10 years after starting school at Wake Forest University.

Median Earnings of Students from Wake Forest University

Annual Salary (Years after Starting School)
Source: College Benchmark, U.S. Dept of Education
Note: Salary data is for the number of years after you start at Wake Forest University.

Male Students: Average Earnings from Wake Forest University

Annual Salary (Years after Starting School)
Source: College Benchmark, Dept. of Education
Note: Salary data is for the number of years after you start at Wake Forest University.

Female Students: Average Earnings from Wake Forest University

Annual Salary (Years after Starting School)
Source: College Benchmark, Dept. of Education
Note: Salary data is for the number of years after you start at Wake Forest University.

Range of Salary Outcomes 10 Years After Starting at Wake Forest University

Annual Salary (Years after Starting School) by Percentile
Source: College Benchmark, Dept. of Education
Note: Salary data is for the number of years after you start at Wake Forest University.
Return on Education
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What's the return on the cost of your education?

Is it worth your money to attend Wake Forest University? There are many ways to estimate the financial return on your education.

We use the 10-year average earnings (the 10 years start when you enroll, so if you attend a 4-year college, this would be approximately 6 years after you graduate) and the all in one year cost of attending the school. The all in cost is the sum of tuition, fees, and on-campus housing.

By comparing the two, you can get a sense if what the average graduate in early to mid career makes at least covers your cost of attending one year of school.

A higher number is better.

10-Year Average Salary vs. 1-Year Full Cost of School

1.2x
Source: College Benchmark, Dept. of Education
Note: This is the full-on cost of on year at Wake Forest University. Salary is for the number of years after you start at Wake Forest University. If this is a 4-year college, then 10 years after entry would be 6 years after graduation. If this is a 2-year college, then 10 years after entry would be 8 years after graduation.

10-Year Median Salary vs. 1-Year Full Cost of School

1.0x
Source: College Benchmark, Dept. of Education
Note: This is the full-on cost of on year at Wake Forest University. Salary is for the number of years after you start at Wake Forest University. If this is a 4-year college, then 10 years after entry would be 6 years after graduation. If this is a 2-year college, then 10 years after entry would be 8 years after graduation.

Tuition vs. Earnings

Annual Costs and Earnings
Source: College Benchmark, Dept. of Education
Note: Housing costs are for on-campus housing.
Teaching
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Student-Faculty Ratio

11
students per faculty

Average Professional Salary

$154,777
for full-time professors
Salary Group: High
Graduate School
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Can you go to grad school at Wake Forest University?

Yes
Highest degree: Doctor's degree
Students
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Undergraduate Focus

63%

Undergrads

5,102

Total Students

8,116
undergrads and grad students

Part-Time Students

1%

Student Median Household Income

$80,539
per year
(compared to U.S. median household income of $61,372 in 2017) Source: College Benchmark, Dept. of Education, U.S. Census Bureau
Student Diversity
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Who will be your classmates?

Women

54%
of undergraduates

Men

46%
of undergraduates

Are there more men or more women?

Slightly More Women

Wake Forest University has slightly more female students than male students.

This means that for every 100 women, there are 85 men. Or that for every 100 men, there are 117 women.

International Students

10%
of undergraduates

Undergraduate Student Diversity at Wake Forest University

Percent of Undergrads
Source: College Benchmark, Dept. of Education

Student Age

Percent of Undergrads
Source: College Benchmark, Dept. of Education

Where are Students from?

Percent of Undergrads
Source: College Benchmark, Dept. of Education
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What do students at Wake Forest University study?

Wake Forest University Popular Majors

Percent of Students
Source: College Benchmark, Dept. of Education

The most popular majors at Wake Forest University are:

  1. Business, Management, Marketing, and Related Support Services
  2. Social Sciences
  3. Biological and Biomedical Sciences
  4. Communication, Journalism, and Related Programs
  5. Psychology
Approximately 70% of students choose to study one of these majors.
Student Satisfaction
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Will you be happy at Wake Forest University?

Undergrad Full-Time Student Retention Rate

94%

Undergrad Part-Time Student Retention Rate

50%

Student retention rate is an indicator of student satisfaction. Retention rate is the percentage of students who continue to study at the college the following year.

Higher retention rates mean students tend to stay at the college, while lower retention rates students are unsatisfied and leave.

Wake Forest University has a retention rate of 94% for full-time undergrads, which is very high.

Transfers
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Undergraduate Transfers

43
1% of undergraduates

Transfer In Rate

Very Low

Wake Forest University has around 43 students who transfer into the school each year. This is very low at approximately 1% of total undergraduates.

Higher transfer in rates mean that students see Wake Forest University as better than the college they were previously enrolled in. Higher rates also mean that there will be more new faces on campus.

Politics in North Carolina
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Presidential Election Results of 2016

Republican

Politically, North Carolina tends to be About even. In the 2016 Presidential election, 46% of the state voted for the Democratic party, 50% voted for the Republican party, and 3% voted for neither.