How can I determine whether UVA or Wake Forest would be more affordable for me?

The most reliable comparison is the four-year net cost shown by UVA’s and Wake Forest’s actual financial-aid offers, not either school’s advertised price. Start with each college’s net price calculator now, then replace those estimates with your admission aid letters once available. For UVA, first confirm whether you qualify for Virginia in-state tuition, because residency can change the price far more than most smaller scholarships.

Put both offers into the same spreadsheet using the same categories: tuition and mandatory fees, housing and food, books and course materials, health insurance if required, transportation, and personal expenses. Use the housing and meal plan you would realistically choose at each school rather than comparing only the published average cost of attendance. Include travel home during breaks, especially if one campus requires more expensive flights or longer-distance travel.

Treat grants and scholarships as reductions in cost, but list federal student loans, parent loans, and work-study separately. A package that appears larger because it includes loans is not actually more affordable.

Finally, calculate what your family would need to pay each year and multiply that estimate by four, leaving a modest cushion for annual price increases and unexpected expenses. If the gap is close, ask each financial-aid office to review a competing offer or a documented change in family circumstances; both schools can explain their appeal process and any limits on reconsideration.