Your education is a major investment, and we understand that you may have questions and concerns about financing your education. We are here to help you explore your options for financial aid and connect you with resources.
Current students: The Office of Financial Aid has a Financial Aid Course in Canvas that is used as a repository for students to access financial aid information quickly.
Program Budget (12 Months)
First Year (Winston Salem) |
First Year (Boone) |
Second Year | |
Tuition | $45,984 | $45,984 | $45,984 |
Books | $1,600 | $1,600 | $1,600 |
Drug Test | - | - | $70 |
Laptop Allowance | $1,222 | $1,222 | - |
Food | $5,760 | $5,760 | $5,760 |
Health Insurance | $5,310 | $5,310 | $5,310 |
Loan Fees | $3,500 | $3,540 | $3,354 |
Lodging | $21,600 | $21,600 | $21,600 |
Miscellaneous | $2,304 | $2,304 | $2,304 |
Program Fees | $5,000 | $5,000 | $2,250 |
Professional Exam | - | - | $550 |
Transportation | $5,700 | $5,700 | $5,700 |
Utilities | $3,540 | $3,540 | $3,540 |
Boone Allowance | - | $1,012 | - |
Total | $101,520 | $102,572 | $98,022 |
Program Budget (12 Months)
DMSc-Online | |
Tuition | $20,400 |
Books | $1,000 |
Laptop Allowance | $1,222 |
Food | $5,760 |
Health Insurance | $5,310 |
Loan Fees | $2,310 |
Lodging | $21,600 |
Miscellaneous | $2,304 |
Program Fees | $3,000 |
Transportation | $5,700 |
Utilities | $3,540 |
Total | $72,146 |
DMSc First Year: Assumes 5 credits for the summer term, 6 credits for the fall term and 6 credits for the spring term.
DMSc Second Year: Assumes 6 credits for the summer term, 6 credits for the fall term and 6 credits for the spring term.
DMSc Per Credit: $1,200
DMSc Student Fees: $3,000
Apply for Financial Aid
Application Submission | ||
---|---|---|
Federal Loan Disbursement Dates (Refunds to students are direct deposited within 14 days of disbursement date) |
Date student receives refund | |
Summer 2024 | May 6, 2024 | May 10, 2024 |
Fall 2024 | August 14, 2024 | August 16, 2024 |
Spring 2025 | January 15, 2025 | January 17, 2025 |
120 Day Federal Loan Excess Fund Return | ||
Summer 2024 | August 12, 2024 | |
Fall 2024 | November 15, 2024 | |
Spring 2025 | April 11, 2025 |
With appropriate receipts, the following expenses may allow for an increase in COA:
- Childcare expenses
- Automobile repairs that are not considered routine maintenance
- Health care and dental expenses not covered by insurance that are deemed to be extraordinary and unanticipated
Program Budget (12 Months)
First Year (Winston-Salem) |
First Year (Boone) |
Second Year | |
Tuition | $45,984 | $45,984 | $45,984 |
Books | $1,600 | $1,600 | $1,600 |
Drug Test | - | - | $70 |
Laptop Allowance | $1,222 | $1,222 | - |
Food | $5,760 | $5,760 | $5,760 |
Health Insurance | $5,310 | $5,310 | $5,310 |
Loan Fees | $3,500 | $3,540 | $3,354 |
Lodging | $21,600 | $21,600 | $21,600 |
Miscellaneous | $2,304 | $2,304 | $2,304 |
Program Fees | $5,000 | $5,000 | $2,250 |
Professional Exam | - | - | $550 |
Transportation | $5,700 | $5,700 | $5,700 |
Utilities | $3,540 | $3,540 | $3,540 |
Boone Allowance | - | $1,012 | - |
Total | $101,520 | $102,572 | $98,022 |
Program Budget (12 Months)
DMSc-Online | |
Tuition | $21,600 |
Books | $1,000 |
Food | $5,760 |
Health Insurance | $5,310 |
Loan Fees | $2,310 |
Lodging | $21,600 |
Miscellaneous | $2,304 |
Program Fees | $3,000 |
Transportation | $5,700 |
Utilities | $3,540 |
Total | $72,124 |
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
Service Commitment Scholarships
- National Health Service Corps
- Scholarship Program (while in medical school)
- North Carolina Forgivable Education Loans for Service (FELS)
Read the PA Financial Aid Newsletter.