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.

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 biannually 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-June  
Federal Loan Disbursement Dates
(Refunds to students are direct deposited within 14 days of disbursement date)
Date student receives refund 
Fall 2021 August 16, 2021  August 20, 2021
Spring 2022 January 3, 2022 January 7, 2022
Summer 2022 May 9, 2022 May 13, 2022
120 Day Federal Loan Excess Fund Return  
Fall 2021 November 29, 2021  
Spring 2022 April 18, 2022  
Summer 2022 August 1, 2022  

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