Cost of Vanderbilt University
Total Cost
The total cost of attendance at Vanderbilt University is
$64,542
per year
(which includes tuition and fees, books and supplies, and living expenses)
Cost Breakdown
The Vanderbilt University Office of Financial Aid offers a variety of resources and tools to help you organize yourself in preparing to pay for Vanderbilt. In addition to the plethora of information provided on this site, including a net price calculator, a handy glossary, and financial aid frequently asked questions, Vanderbilt University explains that they individually review all financial aid applications and will provide assistance for every demonstrated financial need.
There are several types of benefits and assistance programs for veterans, including tuition assistance, link to an external GI comparison tool, along with college and academic program specific programs. Vanderbilt also provides students with a comprehensive list of external resources to help plan and pay for college.
Vanderbilt cares about Financial Literacy and offers a tool called GradReady. This helpful tool contains three different paths to explore where students can learn real-life budgeting, investing, saving and banking skills. The three paths are "Paying for College", "Money Management", and "Real World Finance" educating students more about tuition, bills, and budgeting.
Financial Aid for Vanderbilt University
Average Student
The average student at Vanderbilt University pays
$23,295
per year
Need Met
Vanderbilt University's financial aid meets
100.0%
of student's demonstrated need
Financial Aid
At Vanderbilt University
52.8%
of freshmen receive some form of financial aid
Merit Scholarships for Vanderbilt University
Average Merit Scholarships
The average Vanderbilt University merit scholarship for students without financial need is
$24,444
Merit scholarships are awarded by Vanderbilt University on a very competitive basis to only 1% of all freshman. These are awarded to the top students who demonstrate "exceptional accomplishment and intellectual excellence." These merit-based scholarships are renewable for up to four years of undergraduate study as long as the student remains in good academic standing. Freshman students entering four of the undergraduate schools have the potential to receive these merit-based scholarships.
There are also three Vanderbilt signature scholarships based on merit that are awarded to about 250 students each year. They all guarantee full tuition in addition to summer stipends for either studying abroad or pursuing service or research projects. The three signature scholarships, where you can submit applications electronically by December 1 are:
- Ingram Scholars Program scholarship can be awarded to first years students and incoming freshman. This program "challenges students to create and implement substantial service projects in the community." For additional information check out the Ingram Scholarship Program Website. Although it is not required to apply for this particular scholarship, it is strongly encouraged that you do as preference will be given to those who apply. You can apply for this particular merit scholarship once you apply for admissions online at MyAppVU.
- The Cornelius Vanderbilt Scholarship is open to incoming freshman. You can apply for this particular merit scholarship once you apply for admissions online at MyAppVU.
- The Chancellor's Scholarship is open to incoming freshman. It seeks to "recognize students with outstanding leadership, strength of character, academic achievement, and a deep-seated commitment to diversity and social justice." Although it is not required to apply for this particular scholarship, it is strongly encouraged that you do as preference will be given to those who apply. You can apply for this particular merit scholarship once you apply for admissions online at MyAppVU.
Additional information on other Vanderbilt University scholarships, including the National Merit Scholarship award can be found here. For these merit-scholarships, you must apply for admission first and then will be notified generally within two business days that you will now be able to submit the merit-based scholarship application online.
You can access about merit scholarships frequently asked questions here.
Average Cost
Very few students pay the full price. Here's the average cost for students in different income brackets:
Budget for Vanderbilt University
Every student's costs are a little different.
LEARN MORE ABOUT BUDGETING >Loans for Vanderbilt University
Student Loans
The average student at Vanderbilt University takes out
$23,973
in student loans
Student Loan Repayment
The student loan repayment rate at Vanderbilt University is
90.7%
after five years
91.8%
after seven years
Student Loan Default Rate
At Vanderbilt University
0.5%
after three years
Graduate salaries for Vanderbilt University
Average Starting Salary
The average starting salary for a Vanderbilt University graduate is
$57,865
Salary Years After Graduation
After graduation, here's how the average salary at Vanderbilt University grows over time:
Savings for Vanderbilt University
Sticker Price
Vanderbilt University's full cost of attendance has increased an average of
1.9%
per year since 2014
Net Price
Vanderbilt University's average net price has increased an average of
0.8%
per year since 2014
Average Cost
Given past trends, we expect Vanderbilt University's tuition pricing to be the following:
