Loans and Other Resources

Federal Financial Aid

Loans are dispersed through a central Office of Student Financial Aid; visit Vanderbilt University’s financial aid website for details about loan options.

International students do not qualify for federally funded loan programs unless they are permanent residents of the U.S. However, an international student may apply for a private alternative source of funding through the two options we provide which we do not require a U.S. cosigner: Prodigy Finance and Global Select MBA.

Student Employment

Most students find that life as a Vanderbilt MBA student is very demanding. Students may work up to 20 hours per week. International students may NOT work off-campus during the first nine months of their program as governed by the Bureau of Citizenship and Immigration. Thereafter, authorization to work off-campus is required for summer internships or during the academic year.

Owen does not offer federal work-study opportunities. A limited number of graduate student work assignments at Owen will be available. These positions range from 10 to 15 hours per week for a professor or one of the school’s administrative offices, and are selected by the sponsoring professor or office. These opportunities are typically posted in the Owen Daily News at the beginning of the school year or on the Admitted Applicants website leading up to Orientation. Positions may also become available throughout the year.

There may be other opportunities for employment on campus and outside the business school. For more information, you should contact Vanderbilt’s Student Employment Office. In the past, some Vanderbilt MBA students have lived on campus and worked part-time as advisors or supervisors in one of the residence halls or international houses. To learn more about this option, contact the Office of Housing & Residential Education.

We want our students to gain the most of their MBA experience through involvement in the many learning opportunities offered locally and globally. Employment obligations, aside from relevant project work and internships, can take away from the experience.

Other Resources

In addition to federal loans, scholarships and employment, students should also consider personal savings, family funds, sponsorship by their company or government and other outside loans, grants and scholarships. SallieMae—a government-sponsored organization—provides the largest secondary market in the student loan business. You can find financial aid information, loan calculators and a free scholarship search at SallieMae.

Several resources exist for international students seeking financial aid to study in the U.S. Some banks will authorize loans to international students, provided that the student has a bona fide U.S. co-signer to guarantee the loan.

Additional reference sources:

Download our full External Funding Resources document

Do you have these questions?

  • When and how do I start the financial aid process?
  • Are there loans available for international students?

These answers and more in our FAQs. Click here.