univstats
Number Received Financial Aid (All Undergraduate) 2,475
Percent Received Financial Aid(All Undergraduate) 49%
Average Aid Amount $35,473
Number Received Financial Aid (Freshmen) 624
Percent Received Financial Aid (Freshmen) 46%

Financial Aid Information at Wake Forest

For the academic year 2018-2019, a total of 2,475 students (49% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $35,473. For freshmen (Full-time, first-time degree-seeking undergraduate students), 624 students (46% of enrolled students) received financial aid.
The 2021 undergraduate tuition & fees at Wake Forest University is $57,760, for reference.

All Undergraduate Students Financial Aid

For the academic year 2018-2019, a total of 2,475 students (49% of all students) have received grants or scholarships and the average received aid amount is $35,473. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Wake Forest University for all undergraduate students.
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 aid2,47549%$35,473
Pell Grants49610%$4,505
Federal Student Loans1,21324%$7,934

Beginning Students Financial Aid

a total of 624 beginning students (46% of all freshmen) have received any financial aid and 562 students (42% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Wake Forest University.
Beginning Students (Freshmen) Financial Aid at Wake Forest University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid62446%-
Grants or Scholarship from All Sources51338%$41,719
Federal Grants1048%$5,817
Pell Grants1048%$4,625
Other Federal Grants887%$1,409
State/Local Grants604%$4,892
Institutional Grants51138%$40,124
Student Loans31023%$10,879
Federal Student Loans29822%$6,784
Other Student Loans615%$22,149