U of Richmond vs Wake Forest University (WFU)

Nestled in the heart of Virginia, University of Richmond and Wake Forest University stand out as two prestigious institutions offering distinct educational experiences. While both universities share a commitment to academic excellence, they differ in several key aspects. University of Richmond boasts a lower acceptance rate, indicating a more selective admissions process, while Wake Forest University offers a slightly higher acceptance rate. In terms of popular majors, University of Richmond students often pursue business, social sciences, and humanities, while Wake Forest University students frequently choose business, biology, and psychology. Furthermore, the student body demographics vary, with University of Richmond having a slightly larger undergraduate population and a higher percentage of female students compared to Wake Forest University. As you explore the comprehensive comparison table provided, you'll discover additional insights into these universities' graduation rates, financial aid opportunities, and more, helping you make an informed decision about which institution best aligns with your academic aspirations and personal preferences.
University of Richmond logo

University of Richmond

Wake Forest University logo

Wake Forest University

Overview

Location University of Richmond, Virginia Winston-Salem, North Carolina
Campus setting City: Midsize City: Midsize
College type 4 year 4 year
Control/business model Private (Non Profit) Private (Non Profit)
Calendar system Semester Semester
Degrees offered Undergraduate and Graduate Undergraduate and Graduate
Students retention rate 92.0% 94.0%
Common app member No No
Religious affiliation

Admission

Acceptance rate 28.8% 25.2%
Application fees
Undergraduate: $50

Graduate: $50
Undergraduate: $85

Graduate: $80
SAT range N/A N/A
ACT range N/A N/A
Students submitting SAT score
Students submitting ACT score
Total number of applicants 13,955 15,156
Total number of admissions given out 4,015 3,816
Admitted students who chose to enroll 876 1,412
Yield rate 21.8% 37.0%
Test scores (SAT/ACT) N/A N/A
High school GPA Required Required
Recommendation letters Required Required
High school transcript Not required Required
English proficiency test (e.g. TOEFL) Required Required

Tuition and Fees

Sticker price $74,590 $79,886
Average net price $28,881 $24,643
Tuition $58,570 $58,708
Room & board
Room/dormitory: $6,550

Meal plan: $7,400
Room/dormitory: $10,144

Meal plan: $7,870
Available payment plans
  • Prepaid tuition plan
  • Tuition payment plan
  • Prepaid tuition plan
  • Tuition payment plan

Financial Aid

Students receiving financial aid

(Grants & scholarships)

61.0%
Average amount $43,905
33.0%
Average amount $53,244
Students receiving federal student loan 32.0%
Average amount $4,957
17.0%
Average amount $4,985
Students taking out private loans 4.0%
Average amount $29,516
3.0%
Average amount $32,719

Students and Campus

Undergraduate students 3,166
Men 46.8% Women 53.2%
5,472
Men 45.7% Women 54.3%
Graduate students 724
Men 38.5% Women 61.5%
3,475
Men 42.4% Women 57.6%
Racial/ethnic diversity
Low
Low
Out-of-state students 81.9% N/A
International students 9.5% 9.8%
Campus local/setting City: Midsize City: Midsize
Dormitory capacity 2,875 4,152
First year students are required to live on campus? No No
Top 5 states where most U.S. students come from Virginia New York New Jersey Connecticut Pennsylvania N/A

Academics

Popular study areas
  • Legal Profession
  • Business
  • Education
  • Biological and Biomedical Sciences
  • Social Sciences
  • Business
  • Health Professions
  • Legal Profession
  • Education
  • Biological and Biomedical Sciences
Students to faculty ratio 8:1 10:1
Institutional accreditation Southern Association of Colleges and Schools Commission on Colleges Southern Association of Colleges and Schools Commission on Colleges

Outcome

Graduation rate 89.2% 90.2%
Dropout rate 10.6% 9.5%
Transferred out N/A N/A
Alumni salary by major (Top 10)
Computer and Information Sciences, General (Bachelor's Degrees)
  • Year 1: $68,711
  • Year 2: $74,157
  • Year 3: $88,040
Economics (Bachelor's Degrees)
  • Year 1: $57,385
  • Year 2: $65,821
  • Year 3: $83,877
Human Resources Management and Services (Master's Degrees)
  • Year 1: $54,362
  • Year 2: $63,005
  • Year 3: $75,249
Law (First Professional Degrees)
  • Year 1: $58,083
  • Year 2: $59,858
  • Year 3: $73,682
Accounting and Related Services (Bachelor's Degrees)
  • Year 1: $64,179
  • Year 2: $66,355
  • Year 3: $73,053
Business Administration, Management and Operations (Bachelor's Degrees)
  • Year 1: $55,668
  • Year 2: $56,544
  • Year 3: $66,820
Educational Administration and Supervision (Graduate/Professional Certificates)
  • Year 1: $54,058
  • Year 2: $57,705
  • Year 3: $59,253
Human Resources Management and Services (Bachelor's Degrees)
  • Year 1: $46,998
  • Year 2: $38,829
  • Year 3: $57,966
Psychology, General (Bachelor's Degrees)
  • Year 1: N/A
  • Year 2: $40,281
  • Year 3: $49,992
Political Science and Government (Bachelor's Degrees)
  • Year 1: $40,110
  • Year 2: $41,789
  • Year 3: $48,824
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing (Master's Degrees)
  • Year 1: $169,430
  • Year 2: N/A
  • Year 3: $155,438
Allied Health Diagnostic, Intervention, and Treatment Professions (Master's Degrees)
  • Year 1: $96,143
  • Year 2: $96,587
  • Year 3: $105,398
Finance and Financial Management Services (Bachelor's Degrees)
  • Year 1: $73,169
  • Year 2: $80,510
  • Year 3: $96,761
Business Administration, Management and Operations (Master's Degrees)
  • Year 1: $86,086
  • Year 2: $76,836
  • Year 3: $93,939
Computer Science (Bachelor's Degrees)
  • Year 1: $70,098
  • Year 2: $71,015
  • Year 3: $89,902
Accounting and Related Services (Master's Degrees)
  • Year 1: $61,076
  • Year 2: $65,145
  • Year 3: $79,400
Business/Commerce, General (Bachelor's Degrees)
  • Year 1: $65,533
  • Year 2: $66,653
  • Year 3: $76,702
Law (First Professional Degrees)
  • Year 1: $58,731
  • Year 2: $60,811
  • Year 3: $72,065
Economics (Bachelor's Degrees)
  • Year 1: $57,100
  • Year 2: $55,693
  • Year 3: $70,717
Medicine (First Professional Degrees)
  • Year 1: $56,086
  • Year 2: $57,411
  • Year 3: $65,270

Frequently Asked Questions


  • What are the main differences between the University of Richmond and Wake Forest University?

    The University of Richmond and Wake Forest University are both highly regarded private universities, but they differ in several key aspects. Richmond is known for its unique combination of a liberal arts college, a business school, a law school, and a graduate school all on one campus, fostering interdisciplinary collaboration. Wake Forest, while also strong in the liberal arts, has a more pronounced emphasis on its graduate programs, particularly in law, medicine, and business. Richmond's campus is generally considered more compact and self-contained, while Wake Forest's campus is larger and more traditionally collegiate. Finally, Richmond's location in a state capital offers more immediate access to government and policy-related opportunities, while Wake Forest's location provides a more traditional college-town experience.

  • How do the academic reputations of the University of Richmond and Wake Forest University compare?

    Both universities boast excellent academic reputations. Wake Forest is consistently ranked among the top 30 national universities, while Richmond is typically ranked among the top 30 liberal arts colleges. Wake Forest's strength lies in its strong graduate programs and research opportunities, while Richmond excels in providing a personalized undergraduate experience with a focus on faculty-student interaction and undergraduate research. Both institutions attract high-achieving students and offer rigorous academic programs.

  • What are the typical class sizes and student-faculty ratios at each university?

    Both universities pride themselves on small class sizes and low student-faculty ratios. The University of Richmond generally has smaller class sizes, with a student-faculty ratio of around 8:1. Wake Forest's student-faculty ratio is also excellent, typically around 11:1. This allows for more personalized attention from professors and greater opportunities for student-faculty collaboration at both institutions.

  • How do the campus cultures differ between the University of Richmond and Wake Forest University?

    While both universities foster a strong sense of community, their campus cultures differ slightly. The University of Richmond is known for its close-knit, collaborative environment, where students are actively involved in campus life and extracurricular activities. Wake Forest has a more traditional Southern feel, with a strong emphasis on traditions and a vibrant Greek life. Both universities value intellectual curiosity and encourage students to engage in meaningful discussions and debates.

  • What are the strengths of the University of Richmond's and Wake Forest University's business programs?

    The University of Richmond's Robins School of Business is highly regarded for its undergraduate business programs, offering a strong foundation in various business disciplines and emphasizing experiential learning through internships and case studies. Wake Forest's School of Business offers both undergraduate and graduate programs, with a strong reputation for its finance and accounting programs. Both schools provide excellent career services and networking opportunities for their students.

  • What are the career opportunities available to graduates of the University of Richmond and Wake Forest University?

    Graduates from both universities enjoy excellent career prospects. The University of Richmond's location in the state capital provides access to internships and job opportunities in government, policy, and finance. Wake Forest's strong alumni network and reputation open doors to careers in various industries, including finance, consulting, healthcare, and technology. Both universities have dedicated career services offices that assist students with internships, job searches, and career planning.

  • How do the costs of attending the University of Richmond and Wake Forest University compare?

    Both the University of Richmond and Wake Forest University are private institutions, and their costs of attendance are comparable. Tuition, fees, and living expenses are significant at both universities. However, both institutions offer generous financial aid packages to qualified students, making them accessible to students from diverse socioeconomic backgrounds. It's best to check each university's website for the most up-to-date cost information and financial aid policies.

  • What are the athletic programs like at the University of Richmond and Wake Forest University?

    Wake Forest University competes in the NCAA Division I Atlantic Coast Conference (ACC), offering a wide range of varsity sports with a strong emphasis on basketball and football. The University of Richmond competes in the NCAA Division I Colonial Athletic Association (CAA), with a strong tradition in football and basketball as well. While Wake Forest's athletic programs are generally more prominent on a national level due to its ACC affiliation, both universities offer a vibrant athletic environment for student-athletes and fans.

  • What is the surrounding area like for each university?

    The University of Richmond is located in Richmond, Virginia, a vibrant city with a rich history and a growing arts and culture scene. Students have easy access to restaurants, museums, historical sites, and government institutions. Wake Forest University is located in Winston-Salem, North Carolina, a smaller city with a more traditional college-town atmosphere. Winston-Salem offers a more relaxed pace of life and is known for its arts and innovation district.

  • What are some unique programs or opportunities offered at each university?

    The University of Richmond offers a unique Spider Internship Program, providing students with guaranteed internship opportunities. They also have a strong focus on undergraduate research across all disciplines. Wake Forest University is known for its emphasis on Pro Humanitate, encouraging students to engage in service and leadership opportunities. They also have a strong study abroad program with opportunities in various countries.

Compare Similar Colleges

The list of suggested college comparisons provided below is generated automatically by our system, utilizing statistics gathered from the National Center for Education Statistics (NCES) and various online sources. If you don't find the colleges you wish to compare, please visit our comparison page. There, you can search for the specific colleges and initiate your comparison.
University of Richmond U of Richmond vs Birmingham-Southern College Birmingham-Southern College
University of Richmond U of Richmond vs University of California-Berkeley University of California-Berkeley
University of Richmond U of Richmond vs University of Miami University of Miami
University of Richmond U of Richmond vs Northwestern University Northwestern University
University of Richmond U of Richmond vs Butler University Butler University
University of Richmond U of Richmond vs Bates College Bates College
University of Richmond U of Richmond vs Johns Hopkins University Johns Hopkins University
University of Richmond U of Richmond vs Harvard University Harvard University
University of Richmond U of Richmond vs Massachusetts Institute of Technology Massachusetts Institute of Technology
University of Richmond U of Richmond vs Hillsdale College Hillsdale College
University of Richmond U of Richmond vs Millsaps College Millsaps College
University of Richmond U of Richmond vs Dartmouth College Dartmouth College
University of Richmond U of Richmond vs Colgate University Colgate University
University of Richmond U of Richmond vs Cornell University Cornell University
University of Richmond U of Richmond vs Duke University Duke University
University of Richmond U of Richmond vs Elon University Elon University
University of Richmond U of Richmond vs University of North Carolina at Chapel Hill University of North Carolina at Chapel Hill
University of Richmond U of Richmond vs Wake Forest University Wake Forest University
University of Richmond U of Richmond vs Bucknell University Bucknell University
University of Richmond U of Richmond vs Brown University Brown University
University of Richmond U of Richmond vs Claflin University Claflin University
University of Richmond U of Richmond vs Furman University Furman University
University of Richmond U of Richmond vs Vanderbilt University Vanderbilt University
University of Richmond U of Richmond vs Trinity University Trinity University
University of Richmond U of Richmond vs Christopher Newport University Christopher Newport University
University of Richmond U of Richmond vs Hampton University Hampton University
University of Richmond U of Richmond vs University of Virginia-Main Campus University of Virginia-Main Campus
University of Richmond U of Richmond vs University of Charleston University of Charleston
University of Richmond U of Richmond vs Stanford University Stanford University
University of Richmond U of Richmond vs South University-Richmond South University-Richmond
Wake Forest University WFU vs Alabama A & M University Alabama A & M University
Wake Forest University WFU vs Samford University Samford University
Wake Forest University WFU vs University of California-Berkeley University of California-Berkeley
Wake Forest University WFU vs Pepperdine University Pepperdine University
Wake Forest University WFU vs George Washington University George Washington University
Wake Forest University WFU vs University of Miami University of Miami
Wake Forest University WFU vs Northwestern University Northwestern University
Wake Forest University WFU vs Johns Hopkins University Johns Hopkins University
Wake Forest University WFU vs Babson College Babson College
Wake Forest University WFU vs Boston College Boston College
Wake Forest University WFU vs Endicott College Endicott College
Wake Forest University WFU vs Harvard University Harvard University
Wake Forest University WFU vs Massachusetts Institute of Technology Massachusetts Institute of Technology
Wake Forest University WFU vs Northeastern University Northeastern University
Wake Forest University WFU vs Tufts University Tufts University
Wake Forest University WFU vs Colgate University Colgate University
Wake Forest University WFU vs United States Military Academy United States Military Academy
Wake Forest University WFU vs Davidson College Davidson College
Wake Forest University WFU vs Duke University Duke University
Wake Forest University WFU vs Elon University Elon University
Wake Forest University WFU vs University of North Carolina at Chapel Hill University of North Carolina at Chapel Hill
Wake Forest University WFU vs University of Tulsa University of Tulsa
Wake Forest University WFU vs Belmont University Belmont University
Wake Forest University WFU vs Southern Methodist University Southern Methodist University
Wake Forest University WFU vs Marquette University Marquette University
Wake Forest University WFU vs Stanford University Stanford University