Vanderbilt University

National College Match Scholarship Package

These numbers are based on costs for the 2016-2017 school year.  Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase.

Annual Cost of Attendance

Tuition

$44,496

Room & Board

$14,962

Books & Supplies

$1,294

Travel

Varies

Personal

$2,788

Required Fees

$1,144

Freshman Experience Fee

$732

Total

$65,416

How Costs Are Covered (annually)

Grants

$61,766

Federal Work-Study

$2,300

Student Summer Work Contribution

$1,350

Parent Contribution

$0

Student Savings

5%

Student Loan

$0

Total

$65,416

Policy Regarding Outside Scholarships
Outside scholarships are taken into account as part of a student's total need-based aid package and cannot be counted as part of the family contribution. If an adjustment to a need-based financial aid package is necessary, the outside scholarship will be used first to replace a student's earnings expectation before reducing Vanderbilt need-based assistance.

Policy on Health Insurance
Vanderbilt requires all students to have health insurance, either through a parent or another plan. The annual cost of the Vanderbilt Student Health Insurance Plan will be included in the fall semester charges unless the student submits evidence of adequate coverage under another policy. An allowance for health insurance is included in the Personal category of the Cost of Attendance.

Policy on Travel Allowance
A travel allowance will be determined by Vanderbilt based on the student’s home residence and included in the Cost of Attendance.

Requirements Associated with Maintaining this Award
Students must be making Satisfactory Academic Progress and submit a complete financial aid application each year as outlined on the Financial Aid website. The Financial Aid Officer will then review the yearly information and create an award based on the updated student cost of attendance and student circumstances. Vanderbilt guarantees a zero parent contribution each year. Financial aid awards are provided for a total of 8 semesters of undergraduate study.

Other Details
The average financial aid package for first-year students entering in the fall of 2015 who were offered need-based assistance consisted of 97% grant/scholarship assistance and 3% in a work expectation.

Vanderbilt’s Financial Aid Overview 

Vanderbilt is firmly committed to meeting the full demonstrated need of every qualified student with an aid package that does not require a loan. The average aid award at Vanderbilt is made up of 97% grant/scholarship assistance and 3% work expectation. Students who come from economically disadvantaged backgrounds (where the family income is under $50,000 and the family has minimal assets) typically have no parental contribution expected. Parents may be asked to contribute small amounts when the family income is between $50,000 and $75,000.

The Vanderbilt award for students who we have determined to be economically disadvantaged is shown above. Even if your family does not fall into this category, keep in mind that Vanderbilt provides generous no-loans packages to students from a broad range of financial circumstances.