Wake Forest vs. University of Richmond

Comparable Facts

Compare Wake Forest University in Winston-Salem, NC with University of Richmond in University of Richmond, VA on tuition, admissions, graduation, earnings, and student body data using the table above.

Wake Forest University is larger than University of Richmond based on total student enrollment (9,322 students vs. 3,722 students)

Location, institution type, and student-faculty ratio

• Wake Forest University is located in Winston-Salem, NC (Midsize City setting); University of Richmond is in University of Richmond, VA (Midsize City setting).
• Wake Forest University is a private, non-profit 4-year institution. University of Richmond is a private, non-profit 4-year institution.
• Student-to-faculty ratio: Wake Forest University 10:1; University of Richmond 7:1.

Wake Forest vs. University of Richmond Cost Comparison

Which college is more expensive, Wake Forest or University of Richmond? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at Wake Forest University than University of Richmond ($24,401 vs. $30,037).
• Living costs (room and board or off-campus housing budget) at University of Richmond are 7.3% lower than at Wake Forest University ($17,140 vs. $18,494).
• Wake Forest University is 3.7% more expensive for in-state tuition than University of Richmond (about $2,412 more per year; $67,642.00 vs. $65,230.00).
• Out-of-state tuition is 3.7% higher at Wake Forest than at University of Richmond (about $2,412 more per year; $67,642.00 vs. $65,230.00).
• A larger share of students receive grant aid at University of Richmond than at Wake Forest University (56% vs. 35%).
• The average total grant financial aid received by Wake Forest University students is 23.7% larger than aid received by University of Richmond students ($63,117 vs. $51,039).

Wake Forest vs. University of Richmond Admissions comparison

Which college is harder to get into, Wake Forest or University of Richmond? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between University of Richmond and Wake Forest.

• The typical SAT score (median estimate) at Wake Forest University (1470) is the same as at University of Richmond (1470).
• Incoming University of Richmond students have a 1 point higher typical ACT composite (median estimate) (34 vs. 33 at Wake Forest).
• Reported middle 50% SAT composite range (25th-75th percentile) for admitted students: Wake Forest University 1410/1520; University of Richmond 1410/1530.
• Reported middle 50% ACT composite range (25th-75th percentile) for admitted students: Wake Forest University 32/34; University of Richmond 33/35.
• Submitting SAT or ACT scores: Wake Forest - Test optional; University of Richmond - Test optional.
• Typical fall application deadline: Wake Forest Jan 1, 2027; University of Richmond Jan 1, 2027.
• University of Richmond has a higher acceptance rate (22.2%) than Wake Forest (21.7%).
• The share of admitted students who enrolled (yield) is 36.1% at Wake Forest vs. 23.5% at University of Richmond.

Wake Forest vs. University of Richmond Graduation Outcomes Comparison

How do outcomes compare for Wake Forest and University of Richmond? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Wake Forest University's six-year graduation rate (88%) is higher than University of Richmond's (83%).
• Graduates from Wake Forest University earn a median of about $3,300 more per year than University of Richmond graduates about ten years after starting college ($77,200 vs. $73,900), per the same Scorecard earnings definition.
• Among federal student loan borrowers, University of Richmond graduates have a $1,852 lower median loan debt than Wake Forest graduates ($21,148 vs. $23,000).
• Among borrowers, University of Richmond graduates have an estimated $19 lower median monthly federal student loan payment than Wake Forest graduates ($218 vs. $237).
• More Wake Forest graduates are actively paying back their federal student loan debt than former University of Richmond students, three years after graduation. (88% vs. 75%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/. Values reflect the most recent year available in our dataset.