Winston-Salem, NC-- Students attending Wake Forest University for the 2013-2014 academic year can expect to see a bigger sticker price going toward that degree.
That's because, on Friday, the school's Board of Trustees approved raising undergraduate tuition by 3.5 percent for the 2013-2014 academic year.
A news release from the University states that the current tuition is $42,700 and next year will be $44,200. The decision reflects a determined effort to keep tuition increases low. For the third year in a row, the University has kept the rate of cost increases below 4 percent.
President Nathan O. Hatch released this statement about the increase: "Wake Forest has long maintained a proud tradition of opportunity." "This tuition increase comes with careful consideration about spending restraints as we continually strive to balance financial aid and academic resources to assure the highest level of educational quality."
Visit the Wake Forest University website for more information.