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What is the average financial aid amount at inst?

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For the academic year 2022-2023, total 528 full-time, first-time students (37% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 2,255 students (41% of all students) received grants or scholarships and the average grant amount is $45,828. In addition, 879 students received student loans and the average loan amount is $6,024.

Below tables show the number and amount by source of financial aid at Wake Forest University.
All Undergraduate Student Financial Aid at Wake Forest University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,25541%$45,828
Pell Grants4779%$5,309
Federal Student Loans87916%$6,024
Beginning Students (Freshmen) Financial Aid at Wake Forest University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid52837%-
Grants or Scholarship from All Sources41129%$54,233
Federal Grants1098%$9,208
Pell Grants1098%$5,283
Other Federal Grants957%$4,503
State/Local Grants453%$6,368
Institutional Grants40429%$51,979
Student Loans22916%$10,075
Federal Student Loans21615%$5,120
Other Student Loans302%$40,036
see more grants, scholarship, student loans, and other financial aid stats

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