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 Wake Forest Baptist are hired as clinical instructors.
  • All anesthesiologist instructors at Wake Forest Baptist are also faculty members of the School of Medicine.
  • Receive access to resources and library at Wake Forest 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). 

CRNA Cost of Attendance (COA) 2019-2020

CRNA Program

First and Second Year (12 Months)



Program Fees


Books and Equipment



Health Insurance


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

Loan Fees


Utilities $3,540



Additional Requirements and Costs

Health insurance coverage:
Students are responsible for maintaining health insurance through the medical center or other provider of their choice.

The student should have at least two standard length white lab coats. Although no other special uniform is required, the student is required to abide by a professional code for dress and appearance. Operating room attire is supplied by the hospital.

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.

Scholarship and Financial Assistance

  • Options include loans, scholarships, Veteran benefits, government traineeship grants and student loans through the American Association of Nurse Anesthetists (AANA).
  • CRNA students who are NC permanent residents are eligible for North Carolina Forgivable Education Loans for Service.
  • Students that need financial assistance must complete a Free Application for Federal Student Aid (FAFSA) form.
  • We are approved by the Veteran's Administration (VA) as a qualified educational program, for those who qualify for VA benefits.

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)
CRNA1 - Fall 2019  August 15, 2019 
CRNA2 - Fall 2019 August 15, 2019
CRNA1 - Spring 2020 February 10, 2020
CRNA2 - Spring 2020 February 10, 2020
120 Day Federal Loan Excess Fund Return 
CRNA1 - Fall 2019 November 25, 2019
CRNA2 - Fall 2019 November 25, 2019
CRNA1 - Spring 2020 May 26, 2020
CRNA2 - Spring 2020 May 26, 2020


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