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Revealing the Numbers
In 2012/13, more than 60% of undergraduate students enrolled at Vanderbilt received some type of financial assistance from one or more sources.
There is no specific income that will automatically disqualify a family from receiving need-based aid at Vanderbilt. Income is only one consideration when determining eligibility for need-based financial aid. Other significant factors include, but are not limited to, family size; number of children in college; private elementary and secondary tuition expenses; and family assets.
Applying for need-based aid is the only way we can determine your eligibility for such financial assistance.
The average financial aid package for first-year students entering in the fall of 2012 who were offered need-based assistance that included Vanderbilt funds contained 97% gift aid and 3% work.
Students are offered financial aid packages with need-based loans eliminated and gift aid increased to meet full demonstrated need.
Need-Based Awards to First-Year Vanderbilt Students 2012/13
| Income Range | Median Award | # of Awards | Award Range |
| $0 – 39,999 | $59,147 | 84 | $31,748 – 63,940 |
| $40,000 - 59,999 | $57,512 | 97 | $18,780 – 63,016 |
| $60,000 - 79,999 | $53,542 | 92 | $38,088 – 60,352 |
| $80,000 - 99,999 | $49,543 | 105 | $29,455 – 60,010 |
| $100,000 - 119,999 | $45,328 | 95 | $19,650 – 55,589 |
| $120,000 - 139,999 | $39,567 | 69 | $ 6,455 – 52,948 |
| $140,000 - 159,999 | $35,828 | 47 | $ 9,363 – 46,166 |
| $160,000 - 179,999 | $30,421 | 27 | $13,120 – 45,823 |
| $180,000 - 199,999 | $24,062 | 24 | $ 4,947 – 43,676 |
| $200,000 + | $17,061 | 51 | $ 2,026 – 45,341 |