Beyond Tuition

The student budget below is an estimate of living expenses associated with being a full-time graduate student at Wake Forest.  At Wake Forest, Graduate Business students live off campus.  There are many housing options close to campus and many provide free shuttle bus service. These estimated expenses below include:  books, housing, food, utilities, renter’s insurance, transportation and personal expenses such as cell phone, cable/internet, laundry/dry cleaning, clothing, hair/grooming and recreation. This budget does not consider existing consumer debt.  Minor adjustments may be necessary to fit your individual circumstances.

Fall/Spring Semesters

Living Expenses (1) Per Semester
Books $458
Housing $2,038
Food $1,424
Personal $1,083
Transportation $1,078
Loan Origination Fees $287

Summer Semester*

Living Expenses (1) Per Semester
Books $458
Housing $2,038
Food $1,424
Personal $1,083
Transportation $1,078
Loan Origination Fees $287

1. Living expense estimates are based on reasonable cost of living for the Winston-Salem area. A student’s total financial aid package (scholarships, fellowships, and all education loans) cannot total more than the estimated living expenses plus tuition and fees. If applicable, Federal loan fees include 1.059% Federal Stafford origination fee and a 4.236% Grad PLUS loan origination fee.

* All students will be required to successfully complete foundational courses during the summer unless waived by the admission committee during the application process..

Cost of Living Comparison

Winston-Salem, NC offers a great quality of life along with a low overall cost of living and very affordable housing options. The chart below compares Winston-Salem to other cities across the U.S. in terms of housing expenses and composite cost of living.

 

Cost of Living Comparison

Contact Us

If you have specific questions, please contact Linda Higgins, Associate Director of Financial Aid, at 336.758.4424, or Michelle Van Meter, Assistant Director of Financial Aid, at 336.758.4045, or email the Financial Aid Office at sbfinaid@wfu.edu.