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.

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

Read the PA Financial Aid Newsletter.

PA1 Student Financial Aid Timeline

2027-2028 FAFSA October 1
NC FELS Application Opens Early January  
NC FELS Application Deadline March 1  
FAFSA Application Deadline March 15  
Federal Loan Disbursement Dates
(Refunds to students are direct deposited within 14 days of disbursement date)
Date student receives refund
PA CO2027 (P2) – Summer 2026 June 2, 2026 June 4, 2026
 PA CO2028 (P1)-Summer 2026 May 29, 2026 June 2, 2026
 PA CO2027 (P2)-Fall 2026 August 31, 2026 September 2, 2026
PA CO2028 (P1)-Fall 2026 September 15, 2026 September 17, 2026
PA CO2027 (P2)-Spring 2027 January 11, 2027 January 13, 2027
PA CO2028 (P1)-Spring 2027 January 11, 2027 January 13, 2027
 120 Day Federal Loan Excess Fund Return    
 PA1-Summer 2026 August 24, 2026  
PA2-Summer 2026 August 10, 2026  
PA1-Fall 2026 December 21, 2026  
PA2-Fall 2026 December 21, 2026  
PA1-Spring 2027 April 12, 2027  
PA2-Spring 2027 April 12, 2027