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National Application Center :: campus tours :: University of Miami costs & financial aid

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University of Miami

University of Miami
PO Box 248025
Coral Gables, FL 33124


Fax number: (305) 284-2507
Website: https://miami.edu/
Screen last updated on: February 2024

The financial aid information below is valid for the 2023 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://
npc.collegeboard.org/app/
miami

EXPENSES
Undergraduate tuition: $52,080; $52,080 out-of-state
Book fees: $1,000
Miscellaneous expenses: $1,400
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $21,504

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAJanuary 1noApril 15
CSS/Financial Aid PROFILEN/AnoN/A
Noncustodial (Divorced/Separated) Parent's StatementN/AnoN/A
Business/Farm SupplementN/AnoN/A
All Student/Parent W-2's, Individual & Corporate Income Tax ReturnsN/AnoN/A

Applied for financial aid:
65% of first-year students
62% of full-time undergraduates
Determined to have financial need:
71% of first-year students
76% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
98% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
71% of first-year students
75% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
80% of first-year students
47% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
100% of first-year students
78% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
100% for first-year students
96% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$47,830 for first-year students
$47,973 for full-time undergraduates
Average need-based gift award:
$30,822 for first-year students
$36,105 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,420 for first-year students
$8,022 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,125 for first-year students
$5,374 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
62% of first-year students
31% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$23,451 for first-year students
$22,323 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Unsubsidized Stafford Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.