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Vanderbilt University

For all students, after the family covers any EFC, the program covers the remaining student budget with work-study and grant aid.
For all students. . .   2009-10 Estimated Student Budget
  After the family covers any EFC, the program provides enough work-study and grant aid to cover these expenses
Tuition & Fees $39,228
Books & Supplies $1,292
Room & Board $12,650
Transportation & Personal Expenses $2,198
Total Expenses:     $55,368   

About the Financial Aid Pledge (2009-10):

Who qualifies for the pledge (in addition to common requirements)?
All students.

How is EFC determined and used?
Institutional methodology. The family is expected to cover any EFC, including a minimum student contribution from summer earnings of $1,200 for freshmen.

How much academic year work and/or need-based loans are included?
Freshmen typically receive $2,000 in work-study and returning students, $2,300. No loans.

Does the offer account for the full student budget?
Yes.

How are outside scholarships handled?
Outside scholarships reduce the work expectation.

For more information:
Vanderbilt Expanded Aid Program

About the Institution (2007-08):

    Location: Nashville, TN
    Type: Private 4-year
    Undergraduate enrollment: 6,688
    Pell Grant recipients (a measure of low-income enrollment): 12%
    Proportion of graduating seniors with student debt: 38%
    Average debt: $19,839

Glossary

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