Tuition and Financing
An investment worth making.
Annual Tuition and Fees
Executive MBA and Americas MBA students pay tuition and fees. Tuition for the academic year 2012-2013 is $45,000. Additional fees for the academic year 2012-13 are $6,000. Tuition and all additional fees are payable according to the following schedule.
| Payment Due | Amount |
|---|---|
| October | 40% |
| February | 40% |
| June | 20% |
Tuition for year two typically increases 4 to 7 percent annually although it was only 2 percent last year.
Financing Your Executive MBA or Americas MBA
Company Sponsorship
Many executive students receive some level of financial support from their employers. Sponsoring organizations enjoy many benefits from this investment. However, typically about one-third of students are fully self-funded.
How Your Organization Benefits from Your Executive MBA or Americas MBA Studies
Almost from day one, Vanderbilt Executive MBA and Americas MBA students apply classroom and project learning to solve problems back at work. Their heightened knowledge and skills make them more valuable, versatile managers—blending quantitative and financial acumen, leadership and strategic planning to support organizational challenges. Executive perspective is enhanced to support organization-wide goals.
Companies that sponsor all or part of their executive students' tuition also gain ROI in the form of long-term loyalty. While one-third of students may be fully sponsored another one-third receive at least some tuition reimbursement; 80 percent of Vanderbilt Executive MBAs remain with their employers. Vanderbilt Executive MBAs bring value and tend to get rewarded in return, so they enjoy career stability.
Click here for a sample PDF sponsorship letter from Vanderbilt's Executive MBA Executive Director. We would be happy to customize this letter for your employer; just contact us.
Loans
Executive MBA and Americas MBA students may apply for U.S. government loans as full-time students via the Vanderbilt Financial Aid Office.
To learn more about your loan options, visit the following websites: Vanderbilt Financial Aid and www.mba.com.
Because students are working executives capable of funding education through corporate sponsorships, loans and cash flow, scholarships for the program are not available, with two exceptions:
Yellow Ribbon GI Education Enhancement Program
All current members of the military and veterans are eligible to use approved GI benefits at Vanderbilt. In addition, eligible veterans can attend Vanderbilt University at a significantly reduced cost, thanks to the school's participation in the Yellow Ribbon GI Education Enhancement Program.
Under the Yellow Ribbon Program, a part of the post-9/11 Veterans Educational Assistance Act of 2008, colleges and universities can work with the federal government to offer reduced tuition and fees to veterans of the wars in Iraq and Afghanistan. To be eligible, veterans must have served three years on active duty or at least 30 continuous days before being discharged for service-related injuries since the 9/11/01 terrorist attacks.
A $10,000 annual benefit from both Vanderbilt and the government, totaling $20,000 per year ($40,000 total discount for the Executive MBA), will be available for veterans who enroll in the Owen Graduate School of Management.
Nonprofit Sponsorship
The Vanderbilt Owen Graduate School of Management and the Center for Nonprofit Management salute the vital role of nonprofit leaders in Middle Tennessee. In 2005, an annual tuition sponsorship was established to recognize one Middle Tennessee nonprofit executive making significant contributions to the community. For more about the Nonprofit Sponsorship click here.
The Nonprofit Sponsorship is only applicable to the Executive MBA program and not available for Americas MBA students.
