VANGUARD STAR FUND
497, 1997-09-18
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                              VANGUARD INDEX TRUST
                 VANGUARD INTERNATIONAL EQUITY INDEX FUND, INC.
                               VANGUARD STAR FUND
                              PROSPECTUS SUPPLEMENT

                               SEPTEMBER 18, 1997

Effective November 3, 1997, the transaction fees for several Vanguard portfolios
will be reduced:

      o The 0.5%  transaction  fee deducted from purchases of shares of Vanguard
        Index Trust-Extended Market Portfolio will be reduced to 0.25%.
      o The 1%  transaction  fee deducted  from  purchases of shares of Vanguard
        International  Equity Index  Fund-European  Portfolio will be reduced to
        0.5%.
      o The 1.5%  transaction  fee deducted from purchases of shares of Vanguard
        International Equity Index Fund-Emerging Markets Portfolio will be
        reduced to 1%.
      o The 0.75%  transaction fee deducted from purchases of shares of Vanguard
        STAR Fund-Total International Portfolio will be reduced to 0.5%.

      The transaction fee is paid directly to the portfolio, not to Vanguard, to
offset the costs of purchasing certain securities; it is not a sales charge.



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