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Vanderbilt UniversityScholarships & Financial Aid 2026

Based on Common Data Set 2023-2024 figures

Merit-Based Aid

Freshmen Receiving Merit Aid
8%
Average Merit Award
$27,995/yr

Need-Based Grants

Freshmen Receiving Need-Based Aid
100%
Average Need-Based Grant
$71,291/yr

Net Price by Family Income

Average annual cost after grants and scholarships, by household income bracket.

Under $30,000$5,797/yr
$30,001 to $48,000$4,729/yr
$48,001 to $75,000$6,211/yr
$75,001 to $110,000$14,780/yr
Over $110,000$42,754/yr

Cost of Attendance

Tuition & Fees$68,616
Room & Board$22,054
Books & Supplies$1,194
Total Estimated Cost$95,190

Frequently Asked Questions

Does Vanderbilt University offer merit scholarships?

Yes. Based on CDS data, 8% of incoming freshmen receive merit-based awards with an average of $27,995 per year. Merit aid is awarded based on academic achievement and other criteria independent of financial need.

How much financial aid does Vanderbilt University give?

100% of freshmen receive need-based institutional grants averaging $71,291 per year. Award amounts depend on demonstrated financial need as determined by the FAFSA and CSS Profile.