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Payment Methods

Wake Forest’s preferred payment method for tuition & fees is through DEAC. However, Student Financial Services also accepts payment by check, wire transfer or cash paid to the Cashier. Students also have the opportunity to participate in a monthly payment plan.

All payments must be made using U.S. dollars. Student Financial Services only accepts funds that cover a student’s educational expenses. If a payment is received that is not for payment of educational expenses for the current term, a student can request to either: (1) Leave the funds on their student account to cover future term educational expenses or (2) Wake Forest will return the funds via the original method of payment to the originator of the payment.

Debit/credit cards are not accepted to pay charges on student accounts.

In order to protect your identity and security, Student Financial Services can not accept electronic payments via telephone. Students and any authorized payers must submit their payments via DEAC by using their secure login and password.

Deacon Electronic Account Center (DEAC)

Preferred payment method. Learn more »

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Checks should be made payable to Wake Forest University. The Student ID Number must appear on the check to ensure that it is properly credited to the student’s account.

Wake Forest does not accept post-dated checks.

Checks (please indicate WFU student ID # on check) should be mailed to:

Wake Forest University
P.O. Box 890701
Charlotte, NC 28289-0701

For Overnight Delivery:

Wake Forest University
1834 Wake Forest Road
Reynolda Hall Room 107
Winston-Salem, NC 27106-1834

Read Returned Checks Policy »

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International Wires (peerTransfer)

Wake Forest University has partnered with peerTransfer to streamline the tuition payment process for our international students. You are offered excellent foreign exchange rates, allowing you to pay in your home currency (in most cases). You will also be able to track where your payment is in the transfer process via a student dashboard and an email confirmation will be sent to you when your payment is received by the school. Students who do not use their home currency and elect to pay in another currency will be assessed a $30 fee from peerTransfer. If a student uses their home currency or if the student is from a country where peerTransfer does not offer their local currency, there will not be a $30 fee.

To begin the process please visit the Peer Transfer site or select international payments from the drop down box on the DEAC make payment page and you will be redirected to the peerTransfer site.

For questions, please contact peerTransfer at:

Telephone (US): 800-346-9252

Telephone (International): 1-617-207-7076



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Please do not mail cash to Wake Forest. Cash is only accepted when paid to the Student Financial Services Cashier. Loose change greater than the amounts listed below is required to be wrapped.

Quarters – $10
Dimes – $5
Nickels – $2
Pennies – .50

Wrapped coins must be in appropriate denominational coin wrappers and signed by the payer

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Monthly Payment Plan

A monthly payment plan is available through FACTS Tuition Management, a Nelnet company.

Learn more »

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Deacon Dollars

Deacon Dollars are  not accepted as a payment method for tuition, housing and meal plan charges. However, the Student Financial Services Cashier will accept Deacon Dollars to pay for incidental fees such as parking/housing fines, vaccinations, etc.

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