not require applicants to submit a college entrance exam score; of the 26 percent of applicants who did submit SAT scores, the middle 50 percent for total scores were between 1410 and 1500. Of the 22 percent of applicants who did submit ACT scores, the middle 50 percent composite score was between 32 and 34. The median family income of Wake Forest University students is $221,500, with 71% of students coming from the top 20% highest-earning families.
Over the past couple of years, Wake Forest has been consistently ranked as one of the most expensive institutions in the state of North Carolina, with its estimated cost of attendance 2025–26 academic year being $94,600, including $70,332 in tuition.
On September 17, 2025, Wake Forest announced that it will offer tuition-free admissions for some low income North Carolina students starting fall 2026.
==== Test-optional policy ====
In May 2008, Wake Forest made college entrance exams optional for undergraduate admissions, becoming the first national university ranked …