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Financial Aid Facts

Because talent and promise recognize no social, cultural, economic or geographical boundaries, we are committed to making a Vanderbilt education accessible and affordable to all admitted U.S. citizens and eligible non-citizens. We understand that providing for a college experience is one of the largest single investments a family will make, and we believe strongly that a Vanderbilt education is well worth the investment. Opportunity Vanderbilt reflects our belief that a Vanderbilt education should be accessible to all qualified students regardless of their economic circumstances. The Office of Student Financial Aid and Undergraduate Scholarships individually reviews every application for financial aid and works closely with each family to help make a Vanderbilt education affordable.

We make three important commitments to U.S. citizens and eligible non-citizens which reflect our continuing dedication to making a Vanderbilt education possible:

  1. First: Our admissions process is entirely need-blind - your family's ability to pay is not a factor in our admissions process.
  2. Second: Vanderbilt will meet 100% of demonstrated financial need. With the additional investment that we make, many students often pay no more to attend Vanderbilt than they would pay to attend a college with a lower total cost.
  3. Third: Financial aid awards do not include loans. Through Opportunity Vanderbilt, financial aid packages for undergraduate students include only grant assistance and a reasonable work expectation.

Estimated cost of attendance for academic year 2015/2016:

Tuition $43,620
Housing $9,580
Meals $5,090
Books and Supplies $1,370
Activities/Rec Center Fee $1,092
Personal Expenses $2,780
Travel Allowance Varies
Estimated Total $64,280
(plus travel)  
First-Year Experience Fee $718
New Student Transcript Fee $30
Engineering Lab Fee* $650
First-year Engineering Laptop Allowance* $1,500

Modest annual increases can be expected. Students should also allow for travel expenses and health insurance (if purchased through Vanderbilt).

*The Engineering Laptop Allowance and Laboratory Fee apply to engineering students only. First-year engineering students are required to either purchase a laptop from Vanderbilt or provide their own computer that meets published requirements.