Vanderbilt Among Tops in Financial Aid Policies
Many thanks to the College Inc Blog at the Washington Post for highlighting our expanded aid program as among The 12 Best College Financial Aid Policies. The principles represented in our Three Commitments are central to us here at Vanderbilt.
- We are need blind; your ability to pay is not a factor in our admissions evaluation process
- Vanderbilt commits to meeting 100% of a family’s demonstrated need for all admitted students
- Financial aid packages contain no need-based loan funds
Some financial aid quick facts:
- 64.3% of Vanderbilt freshman received financial aid in the fall of 2010 (regardless of need)
- 50.3% of Vanderbilt’s entering class of 2010 received financial aid due to demonstrated need
- Average financial aid package for first-time full-time freshmen in the entering class of 2010: $42,397
- 14.6% of the total undergraduate population were Pell Eligible as of Fall 2010, this represents 1,000 students out of 6,800
Want more? Dig deeper in our published Common Data Set via the Vanderbilt Institutional Research Group.
October 8th, 2011
Because of this policy, do less fiancially sound applicants need to be even more qualified than a wealthier applicant to be accepted?
October 13th, 2011
No. Our admissions process is entirely need-blind – your family’s ability to pay is not a factor in our admissions process.
October 17th, 2011
is it hard to get this scholarship?
October 17th, 2011
Thanks for your question! The post above refers to Vanderbilt’s general approach to financial aid — not scholarships specifically. For more information on our scholarships, visit the following site: http://www.vanderbilt.edu/scholarships/.
Please let us know if we can be of any further assistance.
May 4th, 2012
64.3% ? Really?
That’s so much higher than here….good job =)