Costs and Financial Aid

Once you’ve been accepted into the Nurse Anesthesia (CRNA) Program you should create a financial plan so that you can concentrate on your studies, not your expenses.

Program Value

One of the greatest financial benefits about our program is the outstanding value per dollar that we offer.

Our unique curriculum allows students to complete requirements and become certified in a shorter time frame than 90 percent of other nurse anesthesia programs. Every additional month you spend in school represents not only tuition dollars paid, but a significant amount of salary that you’re not receiving.

The nurse anesthesia program remains an excellent value, providing a top-ranked education with costs in line with other private institutions. A nurse anesthesia education, in general, represents an outstanding value when comparing the cost of education to the typical salary of a graduate.


  • Attend classes and gain practical experience in a professional atmosphere at a recognized academic medical center and university.
  • All CRNAs at Atrium Health Wake Forest Baptist are hired as clinical instructors.
  • All anesthesiologist instructors at Wake Forest Baptist are also faculty members of Wake Forest University School of Medicine.
  • Receive access to resources and library at the school of medicine.
  • Be covered by a professional liability policy paid for by North Carolina Baptist Hospital (NCBH).
  • Receive access to student-rate health insurance (the same policy used by our medical students).
  • Receive aid tuition for ACLS, PALS and NRP certification courses, which we will organize for you.
  • Receive 20 discretionary days off from clinical duties per year (in addition to program holidays). 

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 University 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.

Scholarships and Financial Assistance

  • Options include loans, scholarships, Veteran benefits, grants and student loans through the American Association of Nurse Anesthetists (AANA).
  • CRNA 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 for federal loan funding. 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.
  • CRNA 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
CRNA1 - Fall 2021 August 16, 2021   August 21, 2021
CRNA2 - Fall 2021 August 16, 2021  August 21, 2021
CRNA1 - Spring 2022 January 3, 2022  January 7, 2022
CRNA2 - Spring 2022 January 3, 2022  January 7, 2022
Application Submission
CRNA1 - Summer 2022
May 9, 2022 May 13, 2022
CRNA2 - Summer 2022 May 9, 2022 May 13, 2022
120 Day Federal Loan Excess Fund Return   
CRNA1 - Fall 2021 Nov 29, 2021  
CRNA2 - Fall 2021 Nov 29, 2021  
CRNA1 - Spring 2022 April 18, 2022  
CRNA2 - Spring 2022 April 18, 2022  
CRNA1 - Summer 2022 August 1, 2022  
CRNA2 - Summer 2022 August 1, 2022  

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