2022-2023 Tuition, Fees & Living Expenses (MSA)
The Masters in Accounting (MSA) degree is a two-semester program with an option for a third semester (based on internship participation). For those who may need to complete foundational coursework prior to the fall start, we also offer courses during the summer semester.
Tuition and Fees
Fall & Spring
Required Activity & Health Services Fee (2)
|Optional 3rd Semester|
Fall, Spring, & Fall:
Includes paid internship
Required Activity & Health Services Fee
Foundational Courses (3)
|($2,700 – $12,600 estimated total)|
|Estimated Living Expenses(4)||2-Semester Amount|
|Books, Course Materials, Supplies & Equipment||$840|
|Federal Loan Origination Fees(5)||$813|
- Tuition is reviewed annually each spring and subject to a 3% to 5% increase.
- Health insurance is required by the University for all students and offered as an option for those needing coverage. Please visit wfu.edu/sip to see insurance rates for your age band. Dependent coverage is available.
- All students will be required to successfully complete foundational courses during the summer unless waived by the admission committee during the application process.
- 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 (cost of attendance).
- If applicable, Federal loan fees include 1.057% Federal Unsubsidized Loan origination fee and a 4.228% Grad PLUS Loan origination fee.
Tuition Due Dates:
Summer Semester – June 1
Fall Semester – August 1
Spring Semester – December 1
Cost of Living Comparison
The student budget above is an estimate of living expenses associated with being a full-time graduate student at Wake Forest, and includes: books/supplies, food, housing, utilities, renter’s insurance, transportation and personal expenses such as cell phone, cable/internet, laundry/dry cleaning, clothing, and recreation. This budget does not consider existing consumer debt. Minor adjustments may be necessary to fit your individual circumstances.
Winston-Salem, NC offers a great quality of life along with a low overall cost of living and very affordable housing options. At Wake Forest, graduate business students live off campus, where there are many nearby housing options, some of which provide free shuttle bus service. The chart below compares Winston-Salem to other cities across the U.S. in terms of housing expenses.
Adjustments to Cost of Attendance
In limited circumstances, the School of Business Office of Financial Aid may approve an increase to the Cost of Attendance (COA). Examples of expenses that may be approved include dependent care expenses, unexpected medical bills or disability-related expenses, and one-time computer purchases. All requests are reviewed on a case by case basis and documentation is required. Requests for increases to housing and other costs already included in the COA will not be approved except in extraordinary circumstances. Please contact the Office of Financial Aid at firstname.lastname@example.org to request an individual review.
If you have specific questions, please contact the Financial Aid Office at 336.758.4424 or 336.758.4048, or email the Financial Aid team at email@example.com.