Chancellor's Scholars receive full tuition, plus a one-time summer stipend for an immersive experience following the sophomore or junior year. Vanderbilt will provide additional need-based financial aid to those Chancellor's Scholarship recipients whose demonstrated financial need exceeds the amount of full tuition. Scholarships are renewed each year as long as the recipient maintains at least a 3.0 GPA.
Chancellor Joe B. Wyatt initiated the Chancellor's Scholars in 1985 to recognize students with outstanding leadership, strength of character, academic achievement, and a deep-seated commitment to diversity and social justice. Chancellor's Scholars have worked to build strong high school communities by bridging gaps among economically, socially, and racially diverse groups and have demonstrated significant interest in issues of diversity education, tolerance, and social justice.