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Rank: 98

Wake Forest University

Winston-Salem, NC
Wake Forest University, known by those who go there as "Work Forest," is a private institution in Winston-Salem, North Carolina. Classes are difficult but small, allowing the school's approximately 5,000 undergrads to have one-on-one interaction with their professors, whom students say are accessible and willing to go out of their way to help. A lush green landscape and stately brick buildings provide the backdrop for a mostly homogeneous student body. The aesthetic is preppy and conservative Southern country club, but you can bet the students at Wake know how to shake it up. Nearly half of the undergrads go Greek, although students say most fraternity parties are open to everyone. "Wake Wednesday" is the big weeknight to go out, either to a frat house or, for a change of scenery, a local bar such as the popular West End Opera House. Most students love the Old Black and Gold, even if they say they live in a "Wake Bubble." Wake Forest's graduation rate of 88% is nearly 15% higher than universities with similar student demographics, according to MONEY's analysis. Its recent graduates make a median income of $58,200, which is about 9% higher than students at similar schools.
costs
Est. Full Price 2019-2020
$72,200
% of students who get any grants
48%
Est. price for students who receive aid
$25,600
Average price for low-income students
$9,980
admissions
Acceptance rate
28%
Median SAT/ACT Score
NA/NA
SAT/ACT required?
No
Enrollment
5,101
Financial Aid
% of students with need who get grants
96%
% of need met
100%
% of students who get merit* grants
9%
Average merit grant
$12,792
student success
Graduation rate
88%
Average time to a degree
4 years
Average student debt
$23,810
Average salary within 3 years
$58,200
% of low-income students who become upper middle class
40%
key deadlines
Early decision application
Nov 15
Regular application
Jan 1

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, , MONEY/College Measures calculations, Opportunity Insights.

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, , MONEY/College Measures calculations, Opportunity Insights.

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