<p>You asked how Vandy does on merit aid and then asked about need-based aid in the last sentence. As far as need based aid goes, you should plug your numbers into one of the many EFC calculators available and see what the institutional method yields. Vandy is one of the most generous schools for need based financial aid, so the EFC calculator should be a good indication. A great description of Vandy’s merit aid programs can be found at [Merit</a> Scholarship Programs](<a href=“http://www.vanderbilt.edu/scholarships]Merit”>Scholarships | Vanderbilt University).</p>