Determining Need

Most financial aid at Wake Forest is based on a family’s demonstrated financial need. Except in the most extraordinary circumstances, Wake Forest considers undergraduate students to be dependent on their parents.

The Free Application for Federal Student Aid (FAFSA) determines eligibility for federal aid programs.

The CSS Profile and supporting documentation from students and parents, assists Wake Forest to determine eligibility for its need-based scholarships.

If a student’s parents are divorced or separated, both parents (and their spouses, if applicable) must provide information through the CSS Profile application process.

Wake Forest’s Net Price Calculator estimates a student’s aid eligibility.

Students must reapply for financial aid each year. Changes in a family’s financial circumstances (such as a fewer children in undergraduate college) may significantly affect financial aid eligibility in subsequent years. Students are not required to accept available work-study and loan options in order to receive grants and scholarships.

Families who experience a dramatic change in financial circumstances may submit a written letter of appeal with a detailed explanation and supporting documentation.