Wake Forest University has announced a new financial aid program offering free undergraduate tuition to North Carolina students from families earning less than $200,000 annually. The initiative aims to make higher education more accessible, with students from families earning under $100,000 also having their living expenses covered. Those from families earning between $200,000 and $300,000 will receive aid covering 50% of tuition. This program, starting in Fall 2026, reflects Wake Forest’s commitment to serving its home state, especially as the median household income in North Carolina is approximately $74,000. The university emphasizes that its goal is to make higher education within reach for more students, particularly those who might not have considered Wake Forest due to cost.