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Vanderbilt University has been around for 150 years and is known worldwide for its amazing education and research opportunities. Its highly ranked in both academics and financial aid, so you can get the best education possible without breaking the bank.
Founded in 1873, it was named in honor of shipping and rail magnate Cornelius Vanderbilt, who provided the school its initial $1 million endowment in the hopes that his gift and the greater work of the university would help to heal the sectional wounds inflicted by the Civil War.
The university was chartered in 1872 as Central University by the Southern branch of the Methodist Episcopal church. When shipping and railroad magnate Cornelius Vanderbilt donated $1,000,000 in 1873, the school was founded as Vanderbilt University, and classes began two years later.
Vanderbilt University is an independent, privately-supported University founded in 1873 through a gift from Commodore Cornelius Vanderbilt. Born of modest means and not formally educated, the Commodore, a nickname Vanderbilt received in his youth, built a fortune from steamboat lines and railroads.
Cornelius Vanderbilt, known as the Commodore, was in his 79th year when he decided to make the gift that founded Vanderbilt University in the spring of 1873. The $1 million that he gave to endow and build the university was Vanderbilts only major philanthropy.
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Yes, your gift is tax-deductible. You will receive an email confirmation of your gift, as well as a gift receipt in the mail.
Vanderbilt will meet 100% of a familys demonstrated financial need. Financial aid awards do not include loans. Instead of offering need-based loans to undergraduate students, Vanderbilt offers additional grant assistance. This does not involve income bands or cut-offs that impact or limit eligibility.

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