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) 2019-2020

Program Budget (12 Months) 

DNP Program

Year 1

  Year 2 

Tuition and Fees

$21,415

  $18,835

Books and Equipment

$1,312   $1,312

Food

$4,800   $4,800
Health Insurance

$3,848

  $3,848 
Lodging $7,000   $7,000
Miscellaneous $1,800   $1,800
Transportation $2,920   $2,920

Loan Fees

$1,303

  $1,303
Utilities $2,951   $2,951

Total

$47,349

  $44,769

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.

Doctor of Nursing Practice tuition and fees effective for the 2019-2020 aid year:

DNP Part-time per credit
DNP Part-time Student Fees 
$1,290
$775

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 Marsha Brown, Student Health Navigator.  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. The amount provided each year allows a Wake Forest School of Medicine student to live comfortably alone, not luxuriously. Cutting costs in any way, including getting a roommate, budgeting money for food and other expenses, and living as frugally as possible are recommended.

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 if you run short as long as you stay within the Cost of Attendance.

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

Scholarship and Financial Assistance

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)
Fall 2019 August 15, 2019 
Spring 2020 January 6, 2020
Summer 2020 May 11, 2020
120 Day Federal Loan Excess Fund Return
Fall 2019 November 25, 2019
Spring 2020 April 20, 2020 
Summer 2020  August 3, 2020 

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