Wake Forest vs. F&M

Should I go to Wake Forest University or Franklin and Marshall College? Compare 50+ facts and figures about the colleges to help you determine if Wake Forest or F&M is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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Wake Forest University vs. Franklin and Marshall College comparison
Wake Forest University Franklin and Marshall College College 3 College 4
Wake Forest University Franklin and Marshall College
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Overview

Wake Forest F&M
Location Winston Salem, NC Lancaster, PA
Setting Midsize City Small City
Enrollment 8,963 1,990
Type Private 4 Year Private 4 Year
National Ranking #56
Religious Affiliation - - - -
Status Non-profit Non-profit
Website wfu.edu fandm.edu
Team Colors                    

Costs

Wake Forest F&M
Tuition (In State) $61,012 $65,652
Tuition (Out of State) $61,012 $65,652
Room & Board $16,652 $15,040
Avg Net Price $26,197 $31,135
Avg Grant Aid $54,233 $49,177
% Receiving Grant Aid 29% 63%

Admission

Wake Forest F&M
Admission Chances Calculate Calculate
Applied 16,857 8,923
Admitted 3,602 3,233
Acceptance Rate 21.4% 36.2%
Enrolled % 38% 15.1%
Avg High School GPA - -
Typical High School Grades - -
Admissions Standards Unavailable Exceptional
Applicant Competition Very High High
ACT Range 30/33
SAT Range 1310/1440
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not required for admission, but considered if submitted (Test Optional)
Application Deadline Jan 1, 2024 Jan 15, 2024

Academics

Wake Forest F&M
Student to Faculty Ratio 10:1 9:1
Popular Majors
  • Business (21%)
  • Social Sciences (20%)
  • Communication (8%)
  • Biology (7%)
  • Psychology (7%)
  • Social Sciences (29%)
  • Business (12%)
  • Biology (10%)
  • General Studies (7%)
  • Psychology (7%)

Outcomes

Wake Forest F&M
Graduation Rate 88% 85%
Median Earnings (After 10 years) $77,200 $61,900
Making Student Loan Payments 88% 88%
Median Student Loan Debt $23,000 $22,000
Median Loan Payment $237 $227

Diversity

Wake Forest F&M
% Men 43% 47%
% Women 57% 53%
Racial Diversity Low High
HBCU No No
% White 72% 59%
% Black 6% 6%
% Hispanic 7% 8%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 3% 2%
% International 7% 14%
% Unknown Race 0% 6%

Students

Wake Forest F&M
% In-State 14% 25%
% Out-of-State 77% 53%

Campus

Wake Forest F&M
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes No No
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Wake Forest University is larger than than F&M based on total student enrollment (8,963 students vs. 1,990 students)

Wake Forest vs. F&M Cost Comparison

Which college is more expensive, Wake Forest or F&M?

  • Franklin and Marshall College is 7.6% more expensive to attend than Wake Forest for in-state tuition ($65,652.00 vs. $61,012.00)
  • Out of state tuition is 7.6% higher at F&M than Wake Forest University ($65,652.00 vs. $61,012.00)
  • The typical actual cost that students pay to attend (average net price) is less at Wake Forest University than F&M ($26,197 vs. $31,135)
  • Living costs (room and board or off-campus housing budget) at Franklin and Marshall College are 10.7% lower than costs at Wake Forest University ($15,040 vs. $16,652)
  • More students receive financial grant aid at Franklin and Marshall College than Wake Forest University (63% vs. 29%)
  • The average total grant financial aid received by Wake Forest University students is 10.3% larger than aid received Franklin and Marshall College ($54,233 vs. $49,177)

Wake Forest vs. F&M Admissions Difficulty Comparison

Which college is harder to get into, Wake Forest or F&M? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between F&M or Wake Forest .

  • F&M has a higher acceptance rate (36.2%) than Wake Forest (21.4%)

Wake Forest vs. F&M Graduation Outcomes Comparison

Which is better, Wake Forest or F&M? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between F&M and Wake Forest.

  • The graduation rate at Wake Forest is higher than Franklin and Marshall College (88% vs. 85%)
  • Graduates from Wake Forest University earn on average $15,300 more per year than F&M graduates after ten years. ($77,200 vs. $61,900)
  • Franklin and Marshall College students graduate with a $1,000 lower median federal student loan debt than Wake Forest graduates. ($22,000 vs. $23,000)
  • F&M graduates are paying $10 less per month on federal student loans than Wake Forest graduates. ($227 vs. $237)
  • More Wake Forest graduates are actively paying back their federal student loan debt than former F&M students, three years after graduation. (88% vs. 88%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/