Tuition & Expenses
| 2024-25 TUITION EXPENSES (ANNUALIZED) | |
|---|---|
| Tuition | $71,250 |
| Transcript Fee | $100 |
| Books & Supplies | $500 |
| Health Insurance* (can be waived if proof of comparable coverage elsewhere) | $3,928 |
| Maintenance Fee | $1,250 |
| Student Services Fee | $648 |
| Student Health Fee | $844 |
| Loan Fees | $1,808 |
Tuition is subject to change annually
| AVERAGE LIVING EXPENSES | |
|---|---|
| Housing ($1,760 monthly over nine months) | $15,840 |
| Food | $7,320 |
| Personal Expenses | $2,158 |
| Transportation | $1,526 |
*Health Insurance Note. We require health insurance for all students. Vanderbilt offers a health insurance plan for students and their families. Please note that dental and vision care are not included in the insurance fee, but are available and encouraged through Gallagher Student Health.
Scholarship Overview
All applicants are automatically considered for merit-based scholarship at the time of admission. Scholarships are awarded based on academic achievement, potential for excellence in a management career, leadership potential, extracurricular activities, application strength and potential to contribute to our community.
Scholarship amounts range from $10,000 per year to full tuition, with the total amount of scholarship being announced at the time of admission.
As part of the total scholarship package, incoming students may be selected for fellowships and/or named awards. Some of these honors require additional application materials and all candidates are welcome to apply. Information on our fellowships and named awards can be found below.
Owen’s alumni and friends are committed to the school’s success, and generously donate time and resources. As a merit-based scholarship recipient, candidate’s tuition could be funded by one of our donor-funded endowed awards.
Named Scholarship Awards
Dean's Scholars Program
The Dean's Scholars Program is the signature scholarship at Vanderbilt. Selected from the incoming class, Dean's Scholars receive a full tuition scholarship. One Dean's Scholar is selected from each year's cohort as the Dean's Scholar Award winner and receives an additional $15,000 yearly stipend.
Fellowships
Vanderbilt partners with the Forté Foundation and Reaching Out MBA (ROMBA) to provide fellowship opportunities. As part of the total scholarship package, incoming students may be selected for fellowships.
In conjunction with our partners, we offer 2 fellowship opportunities:
*Candidates interested in applying for the ROMBA Fellowship are asked to complete an additional essay within the application.
Loans & Other Resources
Federal Financial Aid
Loans are dispersed through the central Office of Student Financial Aid; visit Vanderbilt University’s financial aid website for details about loan options.
International students do not qualify for federally funded loan programs unless they are permanent residents of the U.S. International students may apply for a private alternative source of funding, but a U.S. citizen or permanent resident is required as a co-borrower. Vanderbilt offers two loan options that do not require a U.S. co-borrower, available through Prodigy Finance and MPOWER Financing. The two may be compared by viewing Vanderbilt’s Office of Financial Aid’s private alternative loan options information and clicking on the FASTChoice to filter.
Office of Financial AidStudent Employment
While we do not offer federal work-study opportunities, a limited number of graduate student work assignments are available. Work hours range from 10 to 15 hours per week and are selected by the sponsoring professor or office. Graduate student work assignments are typically posted in the What's Happening newsletter at the beginning of the school year or on the Admitted Applicants website. Positions may also become available throughout the year. For information on additional opportunities, contact Vanderbilt’s Student Employment Office.
Students may work up to 20 hours per week. International students may not work off-campus during the first nine months of their program, as governed by the Bureau of Citizenship and Immigration. Thereafter, authorization to work off campus is required for summer internships or during the academic year.
Vanderbilt Student Employment OfficeOther Resources
We encourage students to do their own research when considering options for funding their MBA and to start early when thinking about options. In addition to scholarships, federal loans, and employment, students could consider personal savings; family funds; sponsorship by their company or government; and other outside loans, grants, and scholarships.
Your starting point for funding your MBA outside of merit-based scholarship should be the Vanderbilt University Office of Financial Aid.
We partner with a variety of global institutions to offer guaranteed scholarship to admitted international candidates who receive a loan-scholarship through one of the following institutions:
Colombia: COLFUTURO for a minimum of 50% tuition scholarship for two MBA candidates per year.
Corporación de la Unidad de Conocimiento Empresarial for a minimum of 50% tuition scholarship for an unlimited number of MBA candidates
Guatemala: GUATEFUTURO for a minimum of 30% tuition scholarship for up to two MBA candidates per year and a minimum of 15% tuition scholarship for up to two MSF candidates per year.
Mexico: FUNED and FIDERH for a minimum of 30% tuition scholarship for up to five MBA candidates per year and a minimum of 15% tuition for up to five MSF candidates per year.
Honduras: HONDUFUTURO for a minimum of 30% tuition scholarships for up to two MBA candidates per year and a minimum of 15% tuition scholarship for up to two MSF candidates per year.
If you have questions about merit-based scholarships, loans, and other resources available to Vanderbilt students, please contact our MBA Recruiting and Admissions team.