Costs and Financial Aid

Once you have been accepted into the Doctor of Nursing Practice (DNP) program you should create a financial plan so that you can concentrate on your studies, not your expenses.

DNP Program Cost of Attendance (COA) 2020-2021

Program Budget (12 Months) 

DNP Program

Year 1

  Year 2 

Tuition and Fees



Books and Equipment

$1,400   $1,400


$5,760   $5,760
Health Insurance


Lodging $8,400   $8,400
Miscellaneous $2,160   $2,160
Transportation $3,240   $3,240

Loan Fees


Utilities $3,540   $3,540




DNP1 - assumes 4 credits Fall term, 6 credits Spring term, and 6 credits Summer term.
DNP2 - assumes 4 credits Fall term, 5 credits Spring term, and 5 credits Summer term.

DNP Part-time per credit
DNP Part-time Student Fees 

Additional Requirements and Costs

Place Hold Deposit
A deposit of $1,500 is payable to Wake Forest School of Medicine upon acceptance to a degree program and is not refundable. The amount of $1,465 is applied to the first-year tuition.

Health insurance coverage:
Students are responsible for maintaining health insurance through the medical center or other provider of their choice. For questions pertaining to health insurance, please contact UHC Student Health Insurance. For questions pertaining to health insurance on student accounts, please contact Student Financials.

Other costs:
In addition to the above expenses, the student should also consider housing, meals, transportation and loss of income during the educational period.

How is Cost of Attendance determined?

Cost of Attendance is the total amount of aid, including scholarships, grants and loans, that you are eligible to receive for the entire year. The Cost of Attendance is derived based on living expenses in the Winston-Salem area and information from student surveys. 

It is not required that you accept the full Cost of Attendance each year. The amount you accept is flexible. You are allowed to return funds if you accept too much, or request more not to exceed the cost of attendance.

All expenses quoted on this page are subject to change without notice.

Scholarships and Financial Assistance

  • DNP students who are NC permanent residents are eligible to apply for North Carolina Forgivable Education Loans for Service
  • Students that need financial assistance must complete a Free Application for Federal Student Aid (FAFSA) form. Our school code is E00524. 
  • We are approved by the Veteran's Administration (VA) as a qualified educational program, for those who qualify for VA benefits.
  • The Judith Griffin Fryrear, RN, MSN Nursing Scholarship – awarded to a Wake Forest Baptist Health Nurse from the Winston-Salem campus applying to the Wake Forest Post-Masters DNP program with financial need. Interested applicants must complete a FAFSA.
  • DNP Financial Aid Newsletter

Disbursement Dates

Application Submission  
FAFSA Available October 1  
FAFSA Deadline May 15  
Award Notification  
Financial aid Award Letters Emailed Mid-May  
Federal Loan Disbursement Dates
(Refunds to students are direct deposited within 14 days of disbursement date)
Date student receives refund 
Fall 2020 August 13, 2020  August 21, 2020
Spring 2021 January 4, 2021 January 8, 2021
Summer 2021 May 10, 2021 May 14, 2021
120 Day Federal Loan Excess Fund Return  
Fall 2020 November 20, 2020  
Spring 2021 April 19, 2021  
Summer 2021 August 23, 2021  

All expenses quoted on this page are subject to change without notice.