Financial Aid Quick Links
MD Students
View Financial Aid information specific to students in the Doctor of Medicine (MD) and Medical Scientist Training Programs (MSTP).
PDP Students
View Financial Aid information that pertains to students in our Professional Degree Programs, including Public Health, Hearing and Speech Sciences, Genetic Counseling, Medical Physics, Applied Clnical Informatics, and Imaging Sciences.
Cost of Attendance by Degree Program
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Doctor of Medicine (MD) Program
Costs for 2025-2026
The following expenses represent the amounts established by the Vanderbilt University Office of Student Financial Aid as reasonable costs for attending Vanderbilt University School of Medicine. It is expected that most students can live within these costs. Students with extenuating circumstances may reach out to the Office of Enrollment Services with documentation and exceptions. Dependent child daycare costs may be added with documentation. Modest annual increases can be expected. The Board of Trust approved tuition and fees costs in April 2025. Health insurance costs still have not been approved.
Direct Costs Paid to Vanderbilt 1st Year
Students
(12 months)2nd Year
Students
(11 months)3rd Year
Students
(12 months)4th Year
Students
(10 months)Tuition $70,900 $70,900 $70,900 $70,900 Student Services Fee* $791 $791 $791 $791 Student Health Fee* $1,012 $1,012 $1,012 $1,012 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $500 $500 $500 $500 Housing $21,373 $19,592 $21,373 $17,811 Food $9,984 $9,152 $9,984 $8,320 Personal Total* $8,116 $7,439 $8,116 $6,763 Transportation $2,035 $1,865 $2,035 $1,696 Laptop Allowance $1,000 Loan Fees* $1,132 $1,132 $1,132 $1,132 Residency Interviewing Yr 4 $6,058 STEP Fees $680 $680 Total Cost of Attendance $116,943 $113,063 $116,523 $114,983 Expected Bill at Vanderbilt
Yearly 1st Term 2nd Term Tuition $70,900 $35,450 $35,450 Student Health Insurance ‡ $4,074 $2,037 $2,037 International or MSTP Student Health Insurance ‡ $4,314 $2,157 $2,157 Student Services Fee ‡ $791 $396 $395 Student Health Fee ‡ $1,012 $506 $506 Transcript ‡ (new students) $100 $100 -
Master of Public Health (MPH)
Costs for 2025 - 2026
The cost of attendance for the Vanderbilt MPH Program is determined by the Office of Student Financial Aid and reflects reasonable, full-time enrollment expenses with modest annual increases. Students with extenuating circumstances, including dependent child-care needs, may request adjustments by providing documentation to the Office of Enrollment Services. Costs are based on full-time enrollment and will be prorated for part-time or single-term students.
Direct Costs Paid to Vanderbilt 1st Year
Fall / Spring / Summer
(12 months)2nd Year
Fall / Spring
(9 months)Tuition $48,156 $24,076 Student Services Fee* $791 $676 Student Health Fee* $1,012 $882 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $500 Housing $21,373 $16,030 Food $9,984 $7,488 Personal Total* $8,116 $6,087 Transportation $2,035 $1,526 Laptop Allowance $1,000 Loan Fees* $1,191 $794 Total Cost of Attendance $94,508 $58,059 Expected Bill at Vanderbilt
Expected Bill at Vanderbilt Fall Spring Summer Tuition - Year 1 $16,052 $16,052 $16,052 Tuition - Year 2 $12,038 $12,038 Student Health Insurance ‡ $2,037 $2,037 International Student Insurance ‡ $2,157 $2,157 Student Services Fee ‡ $338 $338 $115 Student Health Fee ‡ $441 $441 $130 Transcript Fee ‡ (new students) $100 -
Hearing and Speech Sciences degrees
Cost of Attendance
The following expenses represent the amounts established by the Vanderbilt University Office of Student Financial Aid as reasonable costs for attending Vanderbilt University School of Medicine. It is expected that most students can live within these costs. Students with extenuating circumstances may reach out to the Office of Enrollment Services with documentation and exceptions. Dependent child daycare costs may be added with documentation. Modest annual increases can be expected. The cost of attendance provided is for full-time enrollment and will be adjusted for less than full-time enrollment or single-term enrollment. The Board of Trust approved tuition and fees costs in April 2025. Health insurance costs still have not been approved.
Doctor of Audiology (AuD)
Direct Costs Paid to Vanderbilt Year 1
Fall / Spring / Summer
(12 months)Year 2-3
Fall / Spring / Summer
(12 months)Year 4
Fall / Spring
(9 months)Tuition $48,720 $48,720 $9,648 Student Services Fee* $791 $791 $676 Student Health Fee* $1,012 $1,012 $882 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $750 $500 Housing $21,373 $21,373 $16,030 Food $9,984 $9,984 $7,488 Personal Total** $8,116 $8,116 $6,087 Transportation $2,035 $2,035 $1,526 Laptop Allowance $1,000 Loan Fees*** $1,191 $1,191 $794 Total Cost of Attendance $95,072 $93,972 $43,631 Expected Bill at Vanderbilt
Expected Bill at Vanderbilt Fall Spring Summer Tuition (Years 1-3) $16,240 $16,240 $16,240 Tuition (Year 4) $4,824 $4,824 Student Health Insurance ‡ $2,037 $2,037 International Student Health Insurance ‡ $2,157 $2,157 Student Services Fee ‡ $338 $338 $115 Student Health Fee ‡ $441 $441 $130 Transcript Fee ‡ (new students) $100 Master of Education of the Deaf (MDE)
Direct Costs Paid to Vanderbilt 1st Year
Fall / Spring / Summer
(12 months)Year 2 (if 2-year program)
Fall / Spring
(9 months)Tuition $47,301 $31,534 Student Services Fee* $758 $648 Student Health Fee* $968 $844 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $500 Housing $21,120 $15,840 Food $9,760 $7,320 Personal Total** $8,115 $6,086 Transportation $2,040 $1,526 Laptop Allowance $1,000 Loan Fees*** $1,246 $831 Total Cost of Attendance $93,158 $65,129 Expected Bill at Vanderbilt
Expected Bill at Vanderbilt Fall Spring Summer Tuition (12 months) $15,767 $15,767 $15,767 Tuition (9 months) $15,767 $15,767 Student Health Insurance ‡ $1,959 $1,959 International Student Health Insurance ‡ $2,079 $2,079 Student Services Fee ‡ $324 $324 $110 Student Health Fee ‡ $422 $422 $124 Transcript Fee ‡ (new students) $100 Master of Science in Speech-Language Pathology (SLP)
Direct Costs Paid to Vanderbilt Year 1
Fall / Spring / Summer
(12 months)Year 2^
Fall / Spring / Summer
(12 months)Year 2^
Fall / Spring
(9 months)Tuition $48,720 $48,720 $32,480 Student Services Fee* $791 $791 $676 Student Health Fee* $1,012 $1,012 $882 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $750 $500 Housing $21,373 $21,373 $16,030 Food $9,984 $9,984 $7,488 Personal Total** $8,116 $8,116 $6,087 Transportation $2,035 $2,035 $1,526 Laptop Allowance $1,000 Loan Fees*** $1,191 $1,191 $794 Total Cost of Attendance $95,072 $93,972 $66,463 Expected Bill at Vanderbilt
Expected Bill at Vanderbilt Fall Spring Summer Tuition (12 months) $16,240 $16,240 $16,240 Tuition (9 months) $16,240 $16,240 Student Health Insurance ‡ $2,037 $2,037 International Student Health Insurance ‡ $2,157 $2,157 Student Services Fee ‡ $338 $338 $115 Student Health Fee ‡ $441 $441 $130 Transcript Fee ‡ (new students) $100 *Students without an undergraduate background in communication sciences and disorders attend 12 months in Year 2. Students with an undergraduate background in communication sciences and disorders attend 9 months in Year 2.
*Student Services Fees are charged at $338 for the fall and spring semesters, and $115 for summer semester.
*Student Health Fees are charged at $441 for fall and for spring semesters, and $130 for summer semester.
** Personal includes allowance of $331/month for health insurance.
*** Loan Fees are based on average loan fees incurred by similarly classified borrowers during the previous academic year -
Medical Physics degrees
Cost of Attendance
The following expenses represent the amounts established by the Vanderbilt University Office of Student Financial Aid as reasonable costs for attending Vanderbilt University School of Medicine. It is expected that most students can live within these costs. Students with extenuating circumstances may reach out to the Office of Enrollment Services with documentation and exceptions. Dependent child daycare costs may be added with documentation. Modest annual increases can be expected. The cost of attendance provided is for full-time enrollment and will be adjusted for less than full-time enrollment or single-term enrollment. The Board of Trust approved tuition and fees costs in April 2025. Health insurance costs still have not been approved.
Master of Science in Medical Physics (MSMP)
Direct Costs Paid to Vanderbilt 1st Year
Fall / Spring / Summer
(12 months)2nd Year
Fall / Spring
(9 months)Tuition $46,455 $30,976 Student Services Fee* $791 $676 Student Health Fee* $1,012 $882 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $500 Housing $21,373 $16,030 Food $9,984 $7,488 Personal Total** $8,116 $6,087 Transportation $2,035 $1,526 Laptop Allowance $1,000 Loan Fees*** $1,191 $794 Total Cost of Attendance $92,807 $64,959 Expected Bill at Vanderbilt
Expected Bill at Vanderbilt Fall Spring Summer Tuition Year 1 $15,485 $15,485 $15,485 Tuition Year 2 $15,485 $15,485 Student Health Insurance ‡ $2,037 $2,037 International Student Health Insurance ‡ $2,157 $2,157 Student Services Fee ‡ $338 $338 $115 Student Health Fee ‡ $441 $441 $130 Transcript Fee ‡ (new students) $100 Professional Doctorate in Medical Physics (DMP)
Direct Costs Paid to Vanderbilt Year 1
Fall / Spring / Summer
(12 months)Year 2
Fall / Spring / Summer
(12 months)Years 3-4
Fall / Spring / Summer
(12 months)Tuition $46,968 $46,968 $39,468 Student Services Fee* $791 $791 $791 Student Health Fee* $1,012 $1,012 $1,012 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $750 $750 Housing $21,373 $21,373 $21,373 Food $9,984 $9,984 $9,984 Personal Total** $8,116 $8,116 $8,116 Transportation $2,035 $2,035 $2,035 Laptop Allowance $1,000 Loan Fees*** $1,191 $1,191 $1,191 Total Cost of Attendance $93,320 $92,220 $84,720 Expected Bill at Vanderbilt
Expected Bill at Vanderbilt Fall Spring Summer Tuition Year 1 and 2 $15,656 $15,656 $15,656 Tuition Year 3 and 4 $13,156 $13,156 $13,156 Student Health Insurance ‡ $2,037 $2,037 International Student Health Insurance ‡ $2,157 $2,157 Student Services Fee ‡ $338 $338 $115 Student Health Fee ‡ $441 $441 $130 Transcript Fee ‡ (new students) $100 * Student Services Fees are charged at $338 for the fall and spring semesters, and $115 for summer semester.
* Student Health Fees are charged at $441 for fall and spring semesters, and $130 for summer semester.
** Personal includes an allowance of $331/month for health insurance.
*** Loan Fees are based on average loan fees incurred by similarly classified borrowers during the previous academic year. -
Master of Science in Applied Clinical Informatics (MS-ACI)
Costs for 2025-2026
The following expenses represent the amounts established by the Vanderbilt University Office of Student Financial Aid as reasonable costs for attending Vanderbilt University School of Medicine. It is expected that most students can live within these costs. Students with extenuating circumstances may reach out to the Office of Enrollment Services with documentation and exceptions. Dependent child daycare costs may be added with documentation. Modest annual increases can be expected. The cost of attendance provided is for full-time enrollment and will be adjusted for less than full-time enrollment or single-term enrollment. The Board of Trust approved tuition and fee costs in April 2025. Health insurance costs still have not been approved.
1st Year
Fall / Spring / Summer
(12 months)2nd Year
Fall / Spring
(9 months)Direct Costs Paid to Vanderbilt Tuition $54,180 $15,482 Student Services Fee* $207 $138 Student Health Fee* $390 $260 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $500 Housing $21,373 $16,030 Food $9,984 $7,488 Personal Total** $8,116 $6,087 Transportation $0 $0 Laptop Allowance $1,000 Loan Fees*** $1,191 $794 Total Cost of Attendance $97,291 $46,779 *Student Services Fees are charged at $69 for fall, spring, and summer semesters.
*Student Health Fees are charged at $130 for the fall, spring, and summer semesters. Vanderbilt University and Vanderbilt University Medical Center employees will receive a scholarship waiver to cover the cost of these fees.
** Personal includes allowance of $331/month for health insurance.
*** Loan Fees are based on average loan fees incurred by similarly classified borrowers during the previous academic year.Expected Bill at Vanderbilt
Fall Spring Summer Tuition - Year 1 $18,060 $18,060 $18,060 Tuition - Year 2 $7,741 $7,741 Student Health Insurance ‡ $2,037 $2,037 International Student Health Insurance ‡ $2,157 $2,157 Student Services Fee ‡ $69 $69 $69 Student Health Fee ‡ $130 $130 $130 Transcript Fee ‡ (new students) $100 -
Master of Genetic Counseling
Costs for 2025-2026
The following expenses represent the amounts established by the Vanderbilt University Office of Student Financial Aid as reasonable costs for attending Vanderbilt University School of Medicine. It is expected that most students can live within these costs. Students with extenuating circumstances may reach out to the Office of Enrollment Services with documentation and exceptions. Dependent child daycare costs may be added with documentation. Modest annual increases can be expected. The cost of attendance provided is for full-time enrollment and will be adjusted for less than full-time enrollment or single-term enrollment. The cost of attendance for students in year 1 and 2 has been redistributed to reflect the distribution of credit hours with more credit hours completed in year 1. Prior to 25-26, the cost was divided evenly between the two years. The Board of Trust approved tuition and fees costs in April 2025. Health insurance costs still have not been approved.
1st Year
Fall / Spring / Summer
(12 months)2nd Year
Fall / Spring
(9 months)Direct Costs Paid to Vanderbilt Tuition $58,392 $46,660 Student Services Fee* $791 $676 Student Health Fee* $1,012 $882 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $500 Housing $21,373 $16,030 Food $9,984 $7,488 Personal Total** $8,116 $6,087 Transportation $2,035 $1,526 Laptop Allowance $1,000 Loan Fees*** $1,191 $794 Total Cost of Attendance $104,744 $82,643 *Student Services Fees are charged at $338 for fall and spring semesters, and $115 for summer semester.
*Student Health Fees are charged at $441 for fall and for spring semesters, and $130 for summer semester.
** Personal includes allowance of $331/month for health insurance.
*** Loan Fees are based on average loan fees incurred by similarly classified borrowers during the previous academic year.Expected Bill at Vanderbilt
Fall Spring Summer Tuition - Year 1 $23,357 $23,357 $11,678 Tuition - Year 2 $24,330 $24,330 Student Health Insurance ‡ $2,037 $2,037 International Student Health Insurance ‡ $2,157 $2,157 Student Services Fee ‡ $338 $338 $115 Student Health Fee ‡ $441 $441 $130 Transcript Fee ‡ (new students) $100 -
Master of Imaging Science
Costs for 2025-2026
The following expenses represent the amounts established by the Vanderbilt University Office of Student Financial Aid as reasonable costs for attending Vanderbilt University School of Medicine. It is expected that most students can live within these costs. Students with extenuating circumstances may reach out to the Office of Enrollment Services with documentation and exceptions. Dependent child daycare costs may be added with documentation. The cost of attendance provided is for full-time enrollment and will be adjusted for less than full-time enrollment or single-term enrollment. The Board of Trust approved tuition and fees costs in April 2025.
1st Year
Fall / Spring / Summer
(12 months)Direct Costs Paid to Vanderbilt Tuition $55,170 Student Services Fee* $791 Student Health Fee* $1,012 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 Housing $21,373 Food $9,984 Personal Total** $8,116 Transportation $2,035 Laptop Allowance $1,000 Loan Fees*** $1,191 Total Cost of Attendance $101,522 *Student Services Fees are charged at $339 for the fall semester, $338 for the spring semester, and $115 for the summer semester.
*Student Health Fees are charged at $441 for fall and for spring semesters, and $130 for the summer semester.
** Personal includes an allowance of $331/month for health insurance.
*** Loan Fees are based on average loan fees incurred by similarly classified borrowers during the previous academic year.
Expected Bill at Vanderbilt
Fall Spring Summer Tuition - Year 1 $22,068 $22,068 $11,034 Student Health Insurance $2,037 $2,037 International Student Health Insurance $2,157 $2,157 Student Services Fee $338 $338 $115 Student Health Fee $441 $441 $130 Transcript Fee (new students) $100 -
Master of Science in Clinical Investigation (MSCI)
Costs for 2025-2026
The following expenses represent the amounts established by the Vanderbilt University Office of Student Financial Aid as reasonable costs for attending Vanderbilt University School of Medicine. It is expected that most students can live within these costs. Students with extenuating circumstances may reach out to the Office of Enrollment Services with documentation and exceptions. Dependent child daycare costs may be added with documentation. Modest annual increases can be expected. The cost of attendance provided is for full-time enrollment and will be adjusted for less than full-time enrollment or single-term enrollment. The Board of Trust approved tuition and fee costs in April 2025. Health insurance costs still have not been approved.
Direct Costs Paid to Vanderbilt 1st Year
Spring - Summer - Fall
(12 months)2nd Year
Fall - Spring
(9 months)Tuition $46,776 $23,388 Student Services Fee* $207 $138 Student Health Fee* $390 $260 Year 1 Transcript Fee $100 Indirect Costs Books / Supplies $750 $500 Housing $21,373 $16,030 Food $9,984 $7,488 Personal Total** $8,116 $6,087 Transportation $0 $0 Laptop Allowance $1,000 Loan Fees*** $1,191 $794 Total Cost of Attendance $89,887 $54,685 *Student Services Fees are charged at $339 for the fall semester, $338 for the spring semester, and $115 for the summer semester.
*Student Health Fees are charged at $441 for fall and for spring semesters, and $130 for the summer semester.
** Personal includes an allowance of $331/month for health insurance.
*** Loan Fees are based on average loan fees incurred by similarly classified borrowers during the previous academic year.
Explanation of Fees
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Student Health Insurance Fee
This fee covers the cost of the Student Health Insurance Plan offered through Vanderbilt University.
The annual fee is charged to the student’s account in two installments in the fall and spring terms.
This fee may be waived for students who have coverage through a comparable plan. Visit the Student Health Center website to learn more about waiving coverage beginning on June 17, 2025.
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Student Services Fee
This fee supports co-curricular interests and events as well as recreational programs administered through the Vanderbilt Recreation and Wellness Center. Additional information can be found in the Vanderbilt University Student Handbook. The annual fee is charged to the student’s account in the fall, spring and summer terms.
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Student Health Fee
This fee provides enhanced support for the University Counseling Center, the Office of Student Health and the Office of Student Care Coordination. The annual fee is charged to the student’s account in the fall, spring and summer terms.
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Transcript Fee
This fee covers lifetime access to electronic transcripts and diploma requests from the Office of the University Registrar. The one-time fee is charged to first-time Vanderbilt students at the beginning of the first term of the first year.
Financial Aid Resources
Debt Management & Financial Wellness Tools
Consumer Information
Veterans' Information
MD Student Financial Aid Information
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Types of Aid Available to MD Students: Scholarships
- Vanderbilt Merit-Based Scholarships
Vanderbilt University School of Medicine proudly offers merit scholarships to incoming students. A separate application for merit scholarships is not required. The Office of MD Admissions will consider all admitted applicants for merit scholarships.
If awarded a merit scholarship, you will receive the same amount for each of the four years of study toward the MD degree at Vanderbilt. International students are considered for merit-based awards.
In 2025-2026, students will be offered both 75% tuition and full tuition awards.
- Vanderbilt Need-Based Scholarships
Vanderbilt University also offers need-based scholarships to incoming MD students. Students who are not awarded merit-based scholarships are encouraged to apply for need-based institutional scholarships.
To be considered for a need-based institutional scholarship, you must complete the CSS Profile at css.collegeboard.org (code 0670) and include parental financial data.
Parental information will be used to determine eligibility, regardless of age or change in marital status. This policy ensures that funds are distributed in the most equitable manner to those students with the greatest real need. International students can complete the CSS Profile and be considered for need-based scholarships. The CSS Profile is completed only once.
In 2025-2026, need-based awards will be awarded up to 45% of a student’s demonstrated need.
- Outside Scholarships
When the Office of Student Financial Aid is notified of possible outside scholarships, students are contacted via email and encouraged to apply. Also, students are encouraged to check out the possibility of obtaining financial assistance from the following types of organizations:
- Agencies administering programs for veterans and their children
- Agencies administering vocational rehabilitation programs
- County medical societies and their auxiliaries
- Credit unions
- Employers with scholarship or loan programs for employees and their families
- Fraternal organizations to which you or your parents belong
- High schools and colleges with awards for alumni pursuing post-graduate study
- Local churches
- Local civic organizations
- Local hospitals and their auxiliaries
- Local medical societies
- Sororities and fraternities
- State student assistance agencies
- Unions to which you or your parents belong
Other foundation and miscellaneous donor loan and scholarship programs may be available in your hometown or state and will ordinarily require your personal concentrated research efforts.
International students should see www.edupass.org/finaid (Financial Aid for International Students) for sources of funding.
National Health Service Corps Scholarship Program (NHSC)
The National Health Service Corps (NHSC) Scholarship Program, an outside scholarship from the Health Resources and Services Administration, provides funding for education for students pursuing a career in primary health care in exchange for practicing in rural, urban and tribal communities with limited access to care. Tuition, required fees, reasonable educational costs and a monthly stipend are paid in exchange for a service obligation. Each year of support incurs a year of service; however, there is a 2-year minimum and a 4-year maximum. Students must be U.S. citizens or U.S. nationals. Vanderbilt does not administer this scholarship program.
- Vanderbilt Merit-Based Scholarships
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Types of Aid Available to MD Students: Loans
Medical school is a major investment, and loans are available to help cover tuition and related costs. Eligible MD students are encouraged to explore these options to support their education and training. You must complete the Free Application for Federal Student Aid (FAFSA) after Oct. 1 to receive student loans each year – the school code is 003535. If you do not require federal loan assistance, there is no need to complete the FAFSA.
- Federal Direct Unsubsidized Loans
MD students who complete the FAFSA and meet student eligibility requirements are eligible to receive a Federal Direct Unsubsidized Loan. The maximum that an MD student in the first and third years may borrow per academic year is $47,167, the maximum that an MD student in the second year may borrow is $44,945 per academic year, and the maximum that an MD student in the fourth year may borrow per academic year is $42,723. For loans first disbursed on or after July 1, 2025, but before July 1, 2026, the interest rate for Federal Direct Unsubsidized Loans is 7.94%, and is fixed for the life of the loan. For loans first disbursed on or after July 1, 2024, but before July 1, 2025, the interest rate for Federal Direct Unsubsidized Loans is 8.08%, and is fixed for the life of the loan. Interest will accrue during the in-school, grace, and deferment periods. A loan origination fee of 1.057% will be deducted at each disbursement. Repayment begins 6 months after the last date of attendance. The maximum aggregate loan limit is $224,000. The aggregate loan limit includes undergraduate loans.
Students borrowing Federal Direct Unsubsidized Loans at Vanderbilt for the first time must complete Entrance Counseling and the Master Promissory Note. Both of these steps need only be completed one time, and students should use the Federal Student Aid ID and password from the Free Application for Federal Student Aid. Vanderbilt will receive notice when these steps have been completed.
The William D. Ford Federal Direct Unsubsidized loan has a fixed interest rate of 8.08% for disbursements between July 1, 2024 – June 30, 2025. Unsubsidized loans have an origination fee of 1.057% deducted at each disbursement.
The William D. Ford Federal Direct Graduate PLUS loan has a fixed interest rate of 9.08% for disbursements between July 1, 2024 – June 30, 2025. Graduate PLUS loans have an origination fee of 4.228% deducted at each disbursement. Credit is checked; the loan may be denied if you have an adverse credit history. The credit check is good for 180 days.
Students are encouraged to borrow as little as possible. Students who want to decrease offered loan amounts should email medfinaid@vanderbilt.edu for assistance.
- Federal Direct Graduate Plus Loans
Students utilizing all of their Federal Direct Unsubsidized Loan eligibility may need to borrow additional funds for educational expenses. The Federal Direct Graduate PLUS Loan is available to students who pass a credit check and meet student eligibility requirements. The maximum amount that a student may borrow per academic year is the cost of attendance less any other financial aid.
For loans first disbursed on or after July 1, 2025, but before July 1, 2026, the interest rate for Federal Direct Graduate PLUS Loans is 8.94%, and is fixed for the life of the loan. For loans first disbursed on or after July 1, 2024, but before July 1, 2025, the interest rate for Federal Direct Graduate PLUS Loans is 9.08%, and is fixed for the life of the loan. Interest accrues from the time the funds are disbursed. Repayment begins six months after the last date of attendance. A loan origination fee of 4.228% will be deducted at each disbursement. If you have an adverse credit history, the loan may be denied. If you are denied, you may reapply with a credit-worthy co-signer.
Students borrowing Federal Direct Graduate PLUS Loans at Vanderbilt for the first time must complete the Master Promissory Note. Students should use the Federal Student Aid ID and password from the Free Application for Federal Student Aid. Vanderbilt will receive notice when this step has been completed. The credit check process is required every year the student wants a loan.
Students are encouraged to borrow as little as possible. Students who want to decrease offered loan amounts should email medfinaid@vanderbilt.edu for assistance.
- Private Alternative Loans
Examine all other options, including the federal student loans, before pursuing private loan options, as these loans may be more expensive than other options. The interest rates listed for private loans are either variable or fixed, and monthly payments are extended over several years. Interest will accrue from the time the funds are disbursed. Private loans are credit-based and may require a cosigner. Vanderbilt University provides a historical list of previous private lenders, FASTChoice, which is a tool for comparing private loan lenders through which our students have borrowed during the past three award years. The lenders are listed in random order, and the information provided is accurate to the best of our knowledge. You may choose to borrow through any lender, including lenders not on this list. If you choose to borrow through a lender that is not on this list, we will process your application and certify your eligibility with that lender. If you are an international student, please review the list; some lenders allow international students to borrow with a U.S. co-signer. Some private loans allow international students in their four years of medical school to apply for a loan without a co-signer.
The AAMC offers unbiased guidance on Federal vs. Private Loans to help you make an informed decision. The maximum amount a student may borrow is the cost of attendance less any other financial aid.
Residency & Relocation Loans
Fourth year students may find it necessary to borrow additional loans for residency relocation and travel expenses. Residency Relocation loans are available to fourth year medical students to borrow 180 days before or up to 180 days after graduation and do not have to be certified by the financial aid office.
There are many different loan programs and options from which to choose. You should, however, pay close attention to the terms of each loan, as some loans have variable interest rates and different repayment terms.
Contact medfinaid@vanderbilt.edu for more information.
- Federal Direct Unsubsidized Loans
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Financial Aid Timeline for Incoming MD Students
- Fall – Students should complete Free Application for Federal Student Aid when it becomes available for the next academic year. Complete the form on FAFSA’s website.
- October 1 – The CSS Profile becomes available for students interested in institutional need-based funding for the next year. Students that do not receive a merit scholarship are encouraged to complete the form.
- November 1 – MD students must apply to Vanderbilt through AMCAS by this date to be considered for admission and scholarships for the next academic year.
- Late November – The first wave of scholarship offers will be communicated via phone call and email.
- Late February – The second wave of scholarship offers will be communicated via phone call and email.
- Mid-March – The third wave of scholarship offers will be communicated via phone call and email.
- Mid-April – Financial Aid award offers will be sent and available on the portal to admitted students. The award letter will identify all programs for which the student is eligible.
- June – Students accepting federal loans should complete the necessary requirements that can be found on the yes.vanderbilt.edu checklist.
- Mid-July – Aid will be disbursed to student accounts. After disbursement, it will take several business days for the funds to be sent to personal bank accounts.
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Financial Aid Timeline for Returning MD Students
- Fall – The Free Application for Federal Student Aid becomes available for students interested in federal funding for the next year. Complete the form on FAFSA’s website.
- Early January – Spring loans are disbursed to student accounts. For the 25-26 school year, the second half of all loans are disbursed for 1st year students on 1/12/26. Second year students will have loans disbursed on 1/15/26. Third year students will have loans disbursed on 1/7/26. Fourth year students will have loans disbursed on 1/2/26. It will then take a few business days to be sent to personal accounts. After disbursement, it will take several business days for the funds to be sent to personal bank accounts.
- Late May – Financial Aid award offers will be emailed and available at yes.vanderbilt.edu
- Early July – Aid will be distributed to student accounts. After disbursement, it will take several business days for the funds to be sent to personal bank accounts.
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Request for Reconsideration
Learn about Request for Reconsideration and what qualifies as "special circumstances": link
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Applying for Aid as an MD Student
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FAQs for MD Students
How do I apply for financial aid?
For federal student loans, applicants must complete the Free Application for Federal Student Aid (FAFSA) after Jan. 1 – the school code is 003535. To determine eligibility for institutional need-based scholarships, submit the CSS PROFILE (code 0670) and include your parents’ financial information.
How do I apply for merit scholarships?
There is not a separate application process for merit scholarships. Scholarship recipients are selected based on AMCAS and secondary application materials and awarded by the Office of MD Admissions.
Do I apply for financial aid every year?
The FAFSA must be submitted annually. The CSS Profile is submitted your first year only. If you do not require federal loan assistance, there is no need to complete the FAFSA.
Is there a financial aid deadline?
No, but all financial aid applications must be completed in order to receive a Financial Aid Award Notification.
What is the CSS Profile?
The CSS Profile is a supplemental form used to determine the contribution that a family (i.e., parents, student, and spouse if applicable) can make toward a student’s education. The analysis is used to award institutional need-based scholarships.
I am an international student. What kind of aid is available to me?
International students will be considered for merit scholarships with the rest of the accepted students. Submit the CSS Profile to determine eligibility for institutional need-based funding. Students can also apply for private education loans.
Why must I include my parent information on my CSS Profile?
Since institutional aid is limited, a student who wants to be considered for need-based aid must provide parent financial information regardless of your age or marital status. This policy ensures that funds are distributed in the most equitable manner to those students with the greatest real need.
When will I receive my financial aid award?
Incoming students’ awards will be mailed in mid-April to allow sufficient time to compare offers from other schools in order to make a final decision. Continuing students’ awards will be processed in May and on a rolling basis thereafter, and an online Award Notification will be generated.
What is the difference between the Unsubsidized and Graduate PLUS loans?
The William D. Ford Federal Direct Unsubsidized loan has a fixed interest rate of 8.08% for disbursements between July 1, 2024 – June 30, 2025. Unsubsidized loans have an origination fee of 1.057% deducted at each disbursement.
The William D. Ford Federal Direct Graduate PLUS loan has a fixed interest rate of 9.08% for disbursements between July 1, 2024 – June 30, 2025. Graduate PLUS loans have an origination fee of 4.228% deducted at each disbursement. Credit is checked; the loan may be denied if you have an adverse credit history. The credit check is good for 180 days.
My Graduate PLUS loan was denied; what are my options?
1) Obtain an endorser. An endorser is someone who does not have adverse credit and is willing to repay the loan if you do not repay it.
2) You may appeal the credit decision if you believe it was based on incorrect information or if you have extenuating circumstances. Log into StudentLoans.gov and select “Document Extenuating Circumstances. Follow directions, and Applicant Services will contact you with further instructions. You may also contact them directly at 1.800.557.7394.
What if I don't need all of the loans offered?
Borrow only what’s necessary. Prepare an estimated budget of your expenses to determine how much you need. Unsubsidized and Grad PLUS loans begin to accrue interest right away. To decline part or all of the loan(s), email MedFinaid@vanderbilt.edu. If you need the funds later in the year, you may request an amount up to your federal eligibility.
How do I pay my tuition and fees?
Payment is accepted in person at the Office of Student Accounts Cashier’s window located in the Baker Building. Please refer to the Student Accounts website for other payment methods.
When do I get my financial aid?
Your financial aid award may include scholarships and/or federal loans and is for one academic year. Funds will be disbursed equally in two payments, occurring at the beginning of the academic year (in July) and one at the midpoint of the academic year (in January).
How do I receive my refund?
If a credit balance remains in your student account after tuition and fees have been paid, a refund will be processed. You are encouraged to sign up for Direct Deposit from your YES page; otherwise, you will receive a paper check at your local address.
What happens to my undergraduate loans during medical school?
The University Registrar’s Office will notify the National Student Clearinghouse that you are a full-time student once classes begin, and your loans will be put into in-school deferment. If your loans are already in repayment, send your deferment paperwork to the URO for completion.
Will my financial aid awards be automatically renewed next year?
If you are receiving a merit or need-based scholarship, the scholarship will automatically be renewed by the Office of Financial Aid as long as you are allowed to continue in the program. No additional forms are required after the first year. You must complete the Free Application for Federal Student Aid in order to receive student loans each year.
What is the average indebtedness for medical school for MD students at Vanderbilt?
For the May 2025 graduating class, average medical school indebtedness was $182,022. 51% of the class borrowed.
PDP Student Financial Aid Information
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Financial Aid Timeline for Incoming PDP Students
- Fall – Students should complete Free Application for Federal Student Aid when it becomes available for the next academic year. Complete the form on FAFSA’s website.
- Early January - Spring loans are disbursed to student accounts on 1/5/26. It will then take a few days to be sent to personal accounts.
- Mid-March (Incoming MPH Students only) – Financial Aid award offers will be available in Slate for students to view scholarships and loans.
- June – Financial Aid award offers will be sent out on a rolling basis as departmental scholarships are confirmed and FAFSA information is received. Summer loans will be disbursed on 6/3/25 unless classes start earlier, and an earlier date is requested.
- June – Students accepting federal loans should complete the necessary requirements that can be found on the yes.vanderbilt.edu checklist.
- Late August – Fall aid will be disbursed to student accounts on August 20. After disbursement, it will take several business days for the funds to be sent to personal bank accounts.
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Financial Aid Information for Returning PDP Students
- Fall – The Free Application for Federal Student Aid becomes available for students interested in federal funding for the next year. Complete the form on FAFSA’s website.
- Early January – Spring loans are disbursed to student accounts on Jan. 5, 2026. After disbursement, it will take several business days for the funds to be sent to personal bank accounts.
- June – Financial Aid award offers will be sent out on a rolling basis as departmental scholarships are confirmed and FAFSA information is received. Summer loans will be disbursed on 6/3/25 unless classes start earlier, and an earlier date is requested.
- Late August (All Other Returning Students) – Fall aid will be disbursed to student accounts on August 20. After disbursement, it will take several business days for the funds to be sent to personal bank accounts.
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FFA-SAP Policy for PDP Students
Learn about Federal Financial Aid Satisfactory Academic Progress for students in Professional Degree Programs
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Types of Aid Available to PDP Students
- Vanderbilt Merit-Based Scholarships – available to most degree programs.
- Federal Student Loans and Private Alternative Loans – available for all students.
Deadlines for aid vary by program. Learn how to apply for aid.
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Request for Reconsideration
Learn about Request for Reconsideration and what qualifies as "special circumstances": link
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Applying for Aid as a PDP Student
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FAQs for PDP Students
How do I apply for financial aid?
For federal student loans, applicants must complete the Free Application for Federal Student Aid (FAFSA) after Jan. 1 – the school code is 003535.
How do I apply for merit scholarships?
A merit-based scholarship may be available through the specific degree program to which you’re applying. You are encouraged to speak to the program manager in the degree program to see if scholarships are available and to learn of deadlines.
Do I apply for financial aid every year?
The FAFSA must be submitted annually. If you do not require federal loan assistance, there is no need to complete the FAFSA.
Is there a financial aid deadline?
The FAFSA must be completed prior to the end of the term in which you wish to apply for a loan.
I am an international student. What kind of aid is available to me?
International students may be considered for merit scholarships along with the rest of the accepted students. Speak to the program manager in the degree program to see what funding available and to learn deadlines.
When will I receive my financial aid award?
Financial Aid award letters will be sent to new and returning students on a rolling basis as departmental scholarships are confirmed and FAFSA information is received.
What is the difference between the Unsubsidized and Graduate PLUS loans?
The William D. Ford Federal Direct Unsubsidized loan has a fixed interest rate of 8.08% for disbursements between July 1, 2024 – June 30, 2025. Unsubsidized loans have an origination fee of 1.057% deducted at each disbursement.
The William D. Ford Federal Direct Graduate PLUS loan has a fixed interest rate of 9.08% for disbursements between July 1, 2024 – June 30, 2025. Graduate PLUS loans have an origination fee of 4.228% deducted at each disbursement. Credit is checked; the loan may be denied if you have an adverse credit history. The credit check is good for 180 days.
My Graduate PLUS loan was denied; what are my options?
1) Obtain an endorser. An endorser is someone who does not have adverse credit and is willing to repay the loan if you do not repay it.
2) You may appeal the credit decision if you believe it was based on incorrect information or if you have extenuating circumstances. Log into StudentLoans.gov and select “Document Extenuating Circumstances. Follow directions, and Applicant Services will contact you with further instructions. You may also contact them directly at 1.800.557.7394.
What if I don't need all of the loans offered?
Borrow only what’s necessary. Prepare an estimated budget of your expenses to determine how much you need. Unsubsidized and Grad PLUS loans begin to accrue interest right away. To decline part or all of the loan(s), email MedFinaid@vanderbilt.edu. If you need the funds later in the year, you may request an amount up to your federal eligibility.
How do I pay my tuition and fees?
Payment is accepted in person at the Office of Student Accounts Cashier’s window located in the Baker Building. Please refer to the Student Accounts website for other payment methods.
When do I get my financial aid?
Your financial aid award may include scholarships and/or federal loans and is for one academic year. Funds will be disbursed equally in two or three payments, occurring at the beginning of the fall, spring and/or summer terms.
How do I receive my refund?
If a credit balance remains in your student account after tuition and fees have been paid, a refund will be processed. You are encouraged to sign up for Direct Deposit from your YES page; otherwise, you will receive a paper check at your local address.
What happens to my undergraduate loans during medical school?
The University Registrar’s Office will notify the National Student Clearinghouse that you are a full-time student once classes begin, and your loans will be put into in-school deferment. If your loans are already in repayment, send your deferment paperwork to the URO for completion.
Will my financial aid awards be automatically renewed next year?
The Department will notify you of your eligibility for scholarships. You must complete the Free Application for Federal Student Aid in order to receive student loans each year.
Connect with the Office of Student Financial Aid
Office of Student Financial Aid
Eskind Biomedical Library and Learning Center
2209 Garland Avenue
Suite 226
Nashville, TN 37240-7712
(615) 322-1792 | (615) 343-2312 fax
medfinaid@vanderbilt.edu
Mail Scholarship Checks to This Address:
PMB 407810
2309 West End Ave.
Nashville, TN 37240-7810
Office Hours
8:00 a.m. – 4:30 p.m. CT, Monday through Friday
Monday and Tuesday are online; Wednesday through Friday are in the office.
Questions About Financial Aid? Email us at medfinaid@vanderbilt.edu.
Heather H. Boutell, Ed.D.
Director of Student Financial Aid
(615) 322-1792
Jessica Yarbrough, M.Ed.
Senior Administrative Specialist
(615) 322-2145
VUSM Financial Aid Events
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January 29
12:00 p.m. (noon) CST EBL 238
Homebuying Workshop
Matt Tobel, AVP, Speciality Lending & Mortgage Partnerships, from Huntington National Bank will join us to provide a workshop on buying a home. Open to all VUSM students.
Lunch provided from Taco Mama. Two lucky attendees will receive VUSM coasters!