M.Eng. Tuition and Financial Aid


Tuition for the 2022-2023 academic year is $2,215 per credit. The M.Eng. in engineering management program consists of 30 credits, so you can expect to pay at least $66,450 in total tuition. Note that tuition and fees are subject to change each year and moderate increases are to be expected.

Students who begin their program in the Fall semester of 2022 or after will be required to attend one convening on Vanderbilt’s campus in Nashville, TN, during the fall semester of their first year in the program. Students will be responsible for a program fee ($800 for 2022) which will be billed by the university and eligible for financial aid.  Associated travel and accommodation expenses are not included in this fee.

Financial Aid

There are a number of ways you may consider funding your Engineering@Vanderbilt graduate degree program. These may include employer tuition assistance or reimbursement, external scholarships, federal student aid or private student loans.

You may be eligible to apply for the following student loans: 

Federal Direct Unsubsidized Loans: Most graduate-level students are potentially eligible to receive up to $20,500 per academic year. This federal loan does not require you to demonstrate financial need and is not income-based.

Federal Direct PLUS Loan: Graduate students can apply for this credit-based federal loan in addition to the Direct Unsubsidized Loan. If approved, the Graduate PLUS Loan can be used to cover additional education expenses up to the cost-of-attendance budget determined by the school.

Private Loans: Students who require additional assistance may apply for education loans through private lenders.

Applying for Federal Financial Aid

If you plan to fund your education through federal student aid, you should complete the federal aid application while applying for admission to the program. To apply, you will need to complete the Free Application for Federal Student Aid (FAFSA). Vanderbilt University’s school code is 003535.

If you have questions about tuition and financial aid options, do not hesitate to contact an admissions counselor at admissions@engineeringonline.vanderbilt.edu or +1-855-636-9877.

Learn More About Earning Your Graduate Degree Online from Vanderbilt’s School of Engineering