We recognize that business school is a significant investment in your personal and professional development and are committed to helping students afford the cost of tuition by offering scholarships and low-interest loan options.
However you choose to finance your MBA, know that the post-MBA jobs and salaries secured by our students often make the loan payback period significantly shorter than anticipated. For more information on post-MBA salaries, view our exceptional outcomes.
Owen helped me make the precise career jump I was looking for. Because of Owen, I was able to intern in Brand Management at Mars Petcare and receive a full-time offer to return after graduation. Mission accomplished.
Cutler KleinAssociate Brand Manager, Mars Petcare Vanderbilt MBA 2025
Tuition & Expenses
| 2025-26 TUITION EXPENSES (ANNUALIZED) | |
|---|---|
| Tuition | $74,500 |
| Transcript Fee | $100 |
| Books & Supplies | $500 |
| Health Insurance* (can be waived if proof of comparable coverage elsewhere) | $4,074 |
| Maintenance Fee | $1,250 |
| Student Services Fee | $676 |
| Student Health Fee | $882 |
| Loan Fees | $2,110 |
Tuition is subject to change annually
| AVERAGE LIVING EXPENSES | |
|---|---|
| Housing ($1,781 monthly over nine months) | $16,030 |
| Food | $7,488 |
| Personal Expenses | $2,013 |
| 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.
SIGNATURE SCHOLARSHIPS
Dean's Scholar 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 and participate in enriching programming throughout the academic year.
Bass Military Scholars Program
Vanderbilt recognizes the leadership qualities and capabilities of US military veterans. The Bass Military Scholars Program awards $30,000 scholarships annually to highly talented veterans pursuing graduate and professional degrees across five Vanderbilt schools.
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.
STUDENT 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.
LOANS & OTHER RESOURCES
To assist with paying for your studies, domestic graduate students may borrow through the Federal Direct Unsubsidized Loan, a non-need-based loan program offered by the federal government. In addition, Vanderbilt will offer private educational loans through various lenders to supplement federal loan eligibility.
Graduate students may borrow up to the total cost of attendance, less any institutional aid received. Federal need-based aid (e.g., grants) is not available at the graduate level. To be considered for federal loans, you must be a U.S. citizen or permanent resident and complete the Free Application for Federal Student Aid (FAFSA). Private loan eligibility will be determined by individual lenders and will also require a credit check.
Loan Option Without U.S. Cosigner
GUARANTEED SCHOLARSHIP TO ADMITTED INTERNATIONAL CANDIDATES
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.