Wake Forest offers to meet the full demonstrated need of all regularly admitted applicants. What does this mean?
For those regular decision applicants who meet the financial aid deadlines, Wake Forest will meet 100% of demonstrated need through a combination of scholarships (grants based on merit), gift aid (financial aid that does not have to be repaid), loans (borrowed money that must be repaid with interest), and work-study (money students earn from jobs to help pay for educational expenses). Beginning with freshmen entering in Fall 2008, students from families with annual income of less than $40,000 will have their loans capped at $4,000 per year.