Effective July 1, 2011, all colleges and universities with certificate programs that are eligible for federal student aid are required to disclose specific information about these “gainful employment” programs for prospective students that will enable them to compare programs.
During the 2012-2013 academic year the number of students to complete Next Steps at Vanderbilt was less than ten. Guidance provided by the federal government notes: For all schools, if the number of students who completed a Gainful Employment Program during the award year was less than ten (10), for privacy reasons, the school should not disclose to the public. Therefore; the median debt rate and the On-time completion rates are not disclosed. Standard Occupational Classification (SOC) system is used by Federal statistical agencies to classify workers into occupational categories for the purpose of collecting, calculating, or disseminating data. SOC codes for the 2012-2013 Next Steps’ graduates:
Tuition/fees charged to complete the program in normal time is $15,000 per year. Approximate cost of books for one university course per semester is $150. Most students eat lunch on campus at the faculty rate of $7.15 per meal.
Placement rates - not disclosed to public for privacy reasons because of small class size.