Wake Tech has been consistently reasonable with its tuition rates, which average $1500 a semester for a full-time student in state and $7500 for a full-time student out of state. In comparison to NC State's $15,000 per semester, students at Wake Tech are able to save a lot of money. Some students dislike Wake Tech's tuition fee policy, however. In the last semester, Wake Tech has increased its rate from $50 per credit hour to $56 per credit hour, marking the second tuition cost increase within two years. Because Wake Tech's price has an upward trend, many students have become frustrated with the system.
All students are eligible to apply for financial aid while attending Wake Tech. Although not all students may receive financial aid, there are also other options, such as applying for grants and/or loans. Wake Tech also offers scholarships to students who display a strong performance on their high school transcript or have extra-curricular activities.