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Annual Costs

Undergraduate Tuition

Tuition for Vanderbilt University is $46,500 for the 2017/2018 academic year. This is 68% more expensive than the national average private non-profit four year college tuition of $27,755. The cost is 149% more expensive than the average Tennessee tuition of $18,683 for 4 year colleges. Tuition ranks 59th in Tennessee amongst 4 year colleges for affordability and is the most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $1,164 in addition to tuition bringing the total effective in-state tuition to $47,664.

Housing Costs

On campus room and board is provided by the school at a cost of $15,584 per academic year. Students electing to live off campus elsewhere in Nashville should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,294.

Other Living Expenses

If living on-campus, students should budget for $2,850 in additional living expenses. Off-campus students should budget for $0 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Vanderbilt was $67,392 for the 2017/2018 academic year. The cost is the same for all students regardless of Tennessee residence status as there is no in-state discount.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Vanderbilt University and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Vanderbilt University
Estimated Budgets
Tennessee Resident Total Budget $67,392
   In-State Tuition$46,500
   Other Fees$1,164
   Room and Board$15,584
   On-Campus Other Budget$2,850
   Books and Supplies$1,294
Non-Resident Total Budget $67,392
   Out-of-State Tuition$46,500
   Other Fees$1,164
   Room and Board$15,584
   On-Campus Other Budget$2,850
   Books and Supplies$1,294

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $67,392 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Vanderbilt net price for in-state students is $22,173* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

65% of Vanderbilt University students received grant aid in 2014/2015. The average total aid amount was $38,939. 14 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,165. To apply for a Pell Grant to attend Vanderbilt University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Vanderbilt University
Financial Aid Summary
Average Annual Net Price$22,173*
Percent of Students Receiving Grant Aid65%
Average Total Grant Aid$38,939
Percent of Students Receiving Pell Grants14%
Average Amount of Pell Grant Aid$4,165

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$6,905
$30,001 to $48,000$6,052
$48,001 to $75,000$8,620
$75,001 to $110,000$16,018
$110,000+$33,006

Average Financial Aid Mix - $67,392 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $67,392. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

60%
8%
31%

Grants and Scholarships

 60% - $38,939

Money granted to you by the U.S. Department of Education, Vanderbilt University or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 8% - $5,381

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 31% -  $20,222

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Is it Worth the Cost?

To make a comparative assessment if Vanderbilt is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 98/100 for Vanderbilt University. Considering an average net price paid of $18,993, this leads to an overall value ranking of 77/100. This places the school 65th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Vanderbilt University
Emory University4.7% more expensive
Washington University in St Louis8.9% more expensive
Davidson College6.4% more expensive
Kenyon College10.8% more expensive
University of Notre Dame9.7% more expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Vanderbilt University.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Vanderbilt is $269,568 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $18,993 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $75,972**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $336,960 or $94,965 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Vanderbilt University.

Tennessee Resident Tuition Per Semester$23,250
Tennessee Resident Total Cost Per Semester$33,696

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Vanderbilt University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Vanderbilt University
Price per credit hour$1,938
Cost for one class (3 credit hours)$5,814
Cost for one class (4 credit hours)$7,752

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 11% of Vanderbilt University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,381. The reported average student debt upon graduation is $20,303.

Example Loan Payments and Costs

How much are student loan payments for Vanderbilt University? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $75,972, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $94,263.83. This could be your effective total out of pocket cost of an education at Vanderbilt University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 65% of students at this school who receive financial aid and you are paying an average annual net price of $18,993. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Vanderbilt University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Vanderbilt University Student Loan Payments
Example Payments
Monthly Loan Payment$785.53
Amount Borrowed$75,972.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$18,291.83
Sum of All Payments over 10 years$94,263.83

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Vanderbilt? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Vanderbilt University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $94,263.83 would be needed to afford a $785.53 monthly payment in the example $75,972.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Vanderbilt University in the future? In the past four years, this school's published in-state tuition and fee total rose from $41,088 to $46,500. This amounts to an average annual price increase of 2.6%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $269,568.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Vanderbilt University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$92,680$370,719
Estimated Cost in 10 years for students enrolling in 2029$118,285$473,142
Estimated Cost in 15 years for students enrolling in 2034 $150,965$603,862
Estimated Cost in 18 years for students enrolling in 2037 $174,761$699,046

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Vanderbilt University to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Bioengineering and Biomedical Engineering Bachelor's Degree 71 32% costlier
Mechanical Engineering Bachelor's Degree 67 59% costlier
Political Science and Government, General Bachelor's Degree 67 62% costlier
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 56 61% costlier
Civil Engineering, General Bachelor's Degree 47 59% costlier
Chemical Engineering Bachelor's Degree 44 47% costlier
Engineering Science Bachelor's Degree 44 41% costlier
Spanish Language and Literature Bachelor's Degree 33 56% costlier
Economics, General Bachelor's Degree 30 51% costlier
History, General Bachelor's Degree 28 65% costlier
Psychology, General Bachelor's Degree 25 67% costlier
English Language and Literature, General Bachelor's Degree 22 68% costlier
Mathematics, General Bachelor's Degree 21 64% costlier
Secondary Education and Teaching Bachelor's Degree 21 84% costlier
Philosophy Bachelor's Degree 18 49% costlier
Neuroscience Bachelor's Degree 17 17% costlier
Art History, Criticism and Conservation Bachelor's Degree 16 37% costlier
Biology/Biological Sciences, General Bachelor's Degree 16 67% costlier
Child Development Bachelor's Degree 14 99% costlier
Social Sciences, General Bachelor's Degree 12 75% costlier
Classics and Classical Languages, Literatures, and Linguistics Bachelor's Degree 12 27% costlier
Developmental and Child Psychology Bachelor's Degree 11 61% costlier
Sociology Bachelor's Degree 10 64% costlier
French Language and Literature Bachelor's Degree 10 46% costlier
Computer Engineering, General Bachelor's Degree 10 59% costlier
Film/Cinema/Video Studies Bachelor's Degree 7 33% costlier
Electrical and Electronics Engineering Bachelor's Degree 6 60% costlier
Stringed Instruments Bachelor's Degree 6 29% costlier
Geology/Earth Science, General Bachelor's Degree 6 63% costlier
Public Policy Analysis, General Bachelor's Degree 6 21% costlier
Music Theory and Composition Bachelor's Degree 6 44% costlier
European Studies/Civilization Bachelor's Degree 6 23% costlier
Music Teacher Education Bachelor's Degree 6 78% costlier
Elementary Education and Teaching Bachelor's Degree 5 90% costlier
Ecology and Evolutionary Biology Bachelor's Degree 5 34% costlier
Physics, General Bachelor's Degree 5 53% costlier
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 5 59% costlier
Women's Studies Bachelor's Degree 4 42% costlier
Chemistry, General Bachelor's Degree 4 62% costlier
Cognitive Science Bachelor's Degree 4 25% costlier
Molecular Biology Bachelor's Degree 3 39% costlier
Fine/Studio Arts, General Bachelor's Degree 3 56% costlier
Latin American Studies Bachelor's Degree 3 27% costlier
Woodwind Instruments Bachelor's Degree 3 16% costlier
Music, Other Bachelor's Degree 3 54% costlier
Religion/Religious Studies Bachelor's Degree 3 42% costlier
American/United States Studies/Civilization Bachelor's Degree 2 30% costlier
East Asian Studies Bachelor's Degree 2 18% costlier
Science, Technology and Society Bachelor's Degree 2 19% costlier
Classical, Ancient Mediterranean and Near Eastern Studies and Archaeology Bachelor's Degree 2 14% costlier
Computer Science Bachelor's Degree 2 60% costlier
German Language and Literature Bachelor's Degree 2 43% costlier
Voice and Opera Bachelor's Degree 2 53% costlier
Speech Communication and Rhetoric Bachelor's Degree 2 70% costlier
Education, General Bachelor's Degree 1 58% costlier
Romance Languages, Literatures, and Linguistics Bachelor's Degree 1 17% costlier
Keyboard Instruments Bachelor's Degree 1 52% costlier
Jewish/Judaic Studies Bachelor's Degree 1 36% costlier
Early Childhood Education and Teaching Bachelor's Degree 1 95% costlier
Education, Other Bachelor's Degree 1 79% costlier
Asian Studies/Civilization Bachelor's Degree 1 29% costlier
Special Education and Teaching, General Bachelor's Degree 1 89% costlier
History, Other Bachelor's Degree 1 52% costlier
Anthropology Bachelor's Degree 1 49% costlier
Brass Instruments Bachelor's Degree 1 27% costlier
African-American/Black Studies Bachelor's Degree 1 43% costlier
Ancient Studies/Civilization Bachelor's Degree 1 19% costlier
Russian Language and Literature Bachelor's Degree 1 28% costlier
Percussion Instruments Bachelor's Degree 1 27% costlier

Calculators

Use the calculators below to formulate a college savings plan for Vanderbilt University or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Vanderbilt University in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Vanderbilt University student loan.

Prepayment Option

About Vanderbilt University

Vanderbilt University is a four year private college located in Nashville, Tennessee.  Full time enrollment is 11,834 and part time is 753.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Vanderbilt University
2101 West End Avenue
Nashville, Tennessee
37240

For Profit / Not For Profit Status

Vanderbilt University is a private not for profit institution.

Vanderbilt University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=221999 IPEDS survey data.