Wake Forest Board of Trustees approves new tuition, housing costs

By Kevin Cox
October 26, 2005

The Wake Forest University Board of Trustees on Oct. 21 approved new undergraduate tuition and housing costs for the 2006-2007 fiscal year.

Full-time undergraduate tuition will increase 6.4 percent to $32,040. This year, tuition is $30,110. The tuition cost for part-time students will rise 6.4 percent, too.

Student housing costs on campus will increase from 4.6 percent to 6 percent, depending on the type of room and residence hall. Summer session housing costs will increase 2.6 to 2.7 percent, depending on the type of room.

The trustees have not taken action, yet, on tuition for graduate and professional schools.

Wake Forest's current undergraduate tuition is among the lowest of the 56 "most competitive" private higher education institutions listed in Barron's Profile of American Colleges. Only six schools on the 2005-2006 list have lower tuition.

In 2004-2005, 66 percent of Wake Forest undergraduates received financial aid. Thirty-three percent of undergraduates received need-based aid.