College Factual  by our College Data Analytics Team
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Can You Afford Wake Technical Community College?

Concerned about paying for college? Take a look at Wake Technical Community College’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $11,656 & $24,976

Worried about paying the full cost of $24,976 to attend Wake Technical Community College? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in North Carolina, the college offers a discount of 71.6% off tuition and fees. Also, 44.2% of freshmen receive some form of financial aid, with the average amount totaling $6,066. Students from low-income families receive an average of $7,176 in aid during their first year.

Cost for Residents of North Carolina (no aid)

Tuition and fees$2,432
+ Room and board$10,000
+ Other expenses$6,400
Total cost$18,832
Affordability Score (80 out of 100)
more expensive
less expensive

Net Price for Residents of North Carolina (with average aid)

Total cost$18,832
- Grants and scholarships$6,066
Net price$12,766
Affordability Score (78 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of North Carolina

Total cost$18,832
- Grants and scholarships$7,176
Net price$11,656
Affordability Score (74 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$8,576
+ Room and board$10,000
+ Other expenses$6,400
Total cost$24,976
Affordability Score (69 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$24,976
- Grants and scholarships$6,066
Net price$18,910
Affordability Score (67 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$24,976
- Grants and scholarships$7,176
Net price$17,800
Affordability Score (63 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Wake Technical Community College.

Projected Costs Between $45,065 and $143,509 For a Four Year Degree. Between $23,312 and $70,948 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Wake Technical Community College in 2020 - 2021 was $18,832. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 1.5% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $19,409 during their first year. By their senior year, that cost will be approximately $20,307, for a bachelor degree candidate ($19,704 for an associate degree candidate) for a total of $79,423 over the course of four years ($39,113 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $103,920 based on a yearly growth rate of 1.1%. The expected two-year cost is $51,376.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Wake Technical Community College

Cost With Interest for Residents of North Carolina

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-3.5%1.5%
Freshman year$11,656$11,881$19,409
Senior year$11,656$11,461$19,704
Total 2-year net price$23,312$23,342$39,113
10-year loan interest @ 6.8%$8,881$8,892$14,900
Total monthly payment$268$269$450
Total amount paid$32,193$32,234$54,013
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-3.5%1.5%
Freshman year$11,656$11,881$19,409
Senior year$11,656$10,666$20,307
Total 4-year net price$46,624$45,065$79,423
10-year loan interest @ 6.8%$17,762$17,168$30,257
Total monthly payment$537$519$914
Total amount paid$64,386$62,233$109,681

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-2.4%1.1%
Freshman year$17,800$18,006$25,544
Senior year$17,800$17,570$25,832
Total 2-year net price$35,600$35,576$51,376
10-year loan interest @ 6.8%$13,562$13,553$19,572
Total monthly payment$410$409$591
Total amount paid$49,162$49,129$70,948
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-2.4%1.1%
Freshman year$17,800$18,006$25,544
Senior year$17,800$16,730$26,419
Total 4-year net price$71,200$69,451$103,920
10-year loan interest @ 6.8%$27,125$26,458$39,589
Total monthly payment$819$799$1,196
Total amount paid$98,325$95,909$143,509

Visit net price and financial aid to learn more about the total cost of attending Wake Technical Community College.

Further Questions to Consider

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