CTAS cost forecasts for Vanderbilt’s 22/23 academic year and full 4-year program
CTAS recently rolled it out its new projections for 2022/23 academic year costs and will be sharing information on individual colleges here as a recurring feature. Similar information for over 3,000 2- and 4-year schools is available at the corporate CTAS site.
This post shows projected average net costs for Vanderbilt University in Nashville.
As you can see from the chart, Vanderbilt discounts aggressively for students with incomes under $90k, with 61% of students receiving merit and need-based aid, often in significant amounts (2019 data). Prices rise rapidly for families with over $100k in income (the median US family with at least one Bachelor’s holder earns about $125k annually) with home value and financial assets adding to the family contribution. Like many need-blind schools, it may represent a poor financial alternative for families with $100-200k in income who have diligently saved money. Vanderbilt’s latest admissions rate was 10% (2021). 36% of Vanderbilt’s undergraduate enrollment is full pay (2019).
These projections represent informational projections that will change over time and are not a commitment either by CTAS or the applicable colleges. Figures are rounded to the $500 avoid false specificity. Final net cost numbers will differ from these estimates for many reasons: changes to economic trends, decisions by the colleges both about their own policy and enrollment, as well as decisions about individual students. We take pride in our numbers so, if you believe any of the figures need to be corrected, please reach out to us at firstname.lastname@example.org and we will work with you to resolve the issue.
Please find more information at this CTAS page. Reports for residents of a given state and by individual colleges are available for different membership tiers.
Average Net Cost is a consumer-centric metric which shows costs as they are presented in commercial transactions outside of higher education. It represents a full-time student’s cost of attending college including: tuition, room & board, fees and estimates of supplies less institutional aid of all kinds (including need-based and merit), and less federal and state/local aid. Loans and other repayable amounts. along with work study earnings, are excluded and do not reduce the cost. Room and board charges are on-campus costs for residential colleges; for students attending non-residential institutions, the college’s own estimate of such off-campus costs is mostly used. CTAS’ Net Cost differs from the Net Price figure self-reported by colleges because it is comprehensive and covers all entering students, including the approximately 40% not covered by Net Price calculations.