Vanderbilt DNP Financial Aid Information
Financial aid is available from several sources and the majority of nursing students at Vanderbilt receive some form of financial aid. Financial Aid materials become available in January. From then on, individuals who have applied to the School are mailed financial aid materials.
Is the Financial Aid sufficient to cover the cost
of the program and living expenses?
Students find that the monies they receive in Federal loans cover the cost of the program and modest living expenses.
How Do I Qualify for Financial Aid?
In order to qualify for financial assistance a student must be enrolled in at least six credits per semester and be degree seeking. Need-based aid for graduate students includes Federal Stafford Subsidized and Unsubsidized loans and Federal Grad PLUS loans. Non-need-based aid for graduate students includes Federal Unsubsidized Stafford loans on which the interest accrues from the date of disbursement. All financial aid awards are made through the School of Nursing Financial Services Office.
How Do I Apply?
To apply for Federal Stafford Subsidized and Unsubsidized student loans and the Federal Grad PLUS loan, a current or prospective student must complete two application forms: the Vanderbilt Nursing Graduate/Professional Financial Aid and Scholarship Application (available online only www.vanderbilt.edu/financialaid/gradfinnurse1.htm) and the Free Application for Federal Student Aid (FAFSA) (www.fafsa.ed.gov/). The FAFSA will require tax information from your previous income tax return so you can wait until you file your taxes to complete the form or you can estimate your tax information to the best of your knowledge. Information from the FAFSA is then provided to the Financial Services Office which determines the amount of loans available based upon financial eligibility.
Students are welcome to research any outside scholarships or other assistance to help cover their tuition and fees. Any outside aid that is received is added to their total financial aid package. Financial aid forms must be filed annually and are available in January. Contact the School of Nursing Financial Services Office at (615) 322.8986 or (800) 288.2186 for more information.
How are financial aid awards disbursed?
All financial aid is credited directly to a student's account. A financial aid file must be complete in order for available funds to credit the student’s account. In particular, any loan promissory notes and paperwork must be completed and signed before loan funds disburse to the student account. All loans are disbursed in three (two if you are only enrolled for two semesters) equal installments to the student's account at the beginning of each semester.
What if I have additional questions?
Questions regarding financial aid should be directed to
Kristie Smith
Director, Financial Services
Vanderbilt University School of Nursing
212 Godchaux Hall
Nashville, TN 37240
(615) 322.8986
(800) 211.2186
kristie.l.smith@vanderbilt.edu
Note: Financial aid applications are not available for distribution until January.
