OVERVIEWPROGRAMS AND TUITIONADMISSIONS FINANCIAL AID

VanderCook College of Music Tuition and Fees

A private university by the name of VanderCook College of Music is located in Chicago, Illinois. Around 40% of the students are females and 60% are males. Notably, VanderCook College of Music is also home to an ethnically diverse student population. At VCM around 39% are white, 21% belong to Hispanic ethnicity, and 18% belong to an unknown race or ethnicity. Moreover, around 72% of the students are 24 and under. William Revelli, Victor Zajec, Walter Dyett, and Merle J. Isaac are some of the w

$26,548

Tuition

N/A

Cost of Attendance

$22,874

Net Price

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VanderCook College of Music Tuition and Fees

VanderCook College of Music is known for offering a wide range of undergraduate and postgraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at VCM is quite moderate. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $29,070, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The books and supplies cost $1,900, while the other expenses add up to $4,100.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$28,434	$28,434
Book & Supplies	$1,900	$1,900
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at VanderCook College of Music, the total tuition and fees for the enrolled students come out to be around $29,070 in a year. Other than that, they will need to shell out an amount of $1,900 for books and supplies, $7,500 for room and boarding charges, and $4,100 toward other expenses on average in a year. Hence, based on this information, the overall cost of attending the college adds up to around $42,570 per year.

Average Net Price by Family Income

Net Price

$22,874

Family Income

Avg. Net Price

$0 to $30,000

$17,796

$30,001 to $48,000

$19,162

$48,001 to $75,000

$24,979

$75,001 to $110,000

$28,558

$110,000+

$26,235

The net cost of attending VanderCook College of Music – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $20,063 at VCM. For students with a family income below $30,000, the estimated net price is $16,508, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $14,850. On the other hand, an estimated net cost of $20,847 is charged for the $48,001-$75,000 income bracket, $18,095 for the $75,001-$110,000 income category, and $26,097 for an annual family income more than $110,000.

Student Loans

Example Loans

$96,824

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,005

Total interest paid

$23,755

Sum of Loan Payments

$120,579

To have a realistic understanding of how much it will cost to study at VanderCook College of Music here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $96,824 for example. This will result in a $12,058 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $120,579 which is $23,755 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$28,434	$28,434
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At VanderCook College of Music, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $29,070 in a year. They would also be required to pay around $7,500 for their room and boarding expenses. Accordingly, the overall cost for undergraduate students at the college totals about $42,570 per year, based on the available data.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$6,480	$6,480
Fees	$800	$800

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at VCM, the amount stands at $7,470 per year. This sum includes their graduate tuition of $6,650 and the graduation fees of $820 as well.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$540
Undergraduate	2018 - 2019	$1,115

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend VCM. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $124 and the undergraduate cost per credit hour at $223. Also, VanderCook College of Music currently provides online programs only in a single major for students.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$7,500
Other Expense	N/A	$3,049
Book & Supplies	$1,900	$1,900

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $11,600 per year. However, it should be noted that on-campus lodging facilities are not available at the college. Moreover, off-campus candidates will have to pay an amount of $7,500 toward room and boarding charges. Coming to the books and supplies charges, the students will be required to pay an amount of $1,900. The other expenses that students need to plan for come to around $4,100 for candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$7,500

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$3,049

Housing & Other Expenses

Book & Supplies

On Campus

$1,900

Off Campus

$1,900

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at VCM are projected to cost around $213,844 as per official data. To note, the total expenses for undergraduate students stood at $20,063 for 2018-2019, $22,874 for 2017-2018, and $25,288 for 2016-2017.

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