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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
P.O. Box 248025
Coral Gables, FL 33124

Official telephone: (305) 284-2211
Website: www.miami.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Raymond Nault-Hix,
Associate Dean of Enrollment Management/Executive Director of Financia
Contacting the office: 305 284-5212
305 284-4082 (fax)
ofas@miami.edu
FAFSA number: 001536
CSS/PROFILE number: 5815

EXPENSES
Undergraduate tuition: $45,600; $45,600 out-of-state
Additional required fees: $1,404
Book fees: $930
Miscellaneous expenses: $3,062
Other expenses: Computer, transportation, and personal expenses.
Combined room and board expenses: $13,310

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAJanuary 1noApril 15
CSS/Financial Aid PROFILEJanuary 1noApril 15
Noncustodial (Divorced/Separated) Parent's StatementJanuary 1noApril 15
Business/Farm SupplementJanuary 1noApril 15
prior and current year tax formsJanuary 1noApril 15

Date award notification begins: January 20
Applied for financial aid:
62% of first-year students
53% of full-time undergraduates
39% of part-time undergraduates
Determined to have financial need:
54% of first-year students
35% of full-time undergraduates
9% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
94% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
66% of first-year students
68% of full-time undergraduates
80% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
56% of first-year students
63% of full-time undergraduates
67% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
99% of first-year students
97% of full-time undergraduates
67% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
100% of first-year students
83% of full-time undergraduates
80% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
99% for first-year students
84% for full-time undergraduates
80% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$40,906 for first-year students
$40,319 for full-time undergraduates
$20,907 for part-time undergraduates
Average need-based gift award:
$11,720 for first-year students
$11,662 for full-time undergraduates
$8,402 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,382 for first-year students
$4,985 for full-time undergraduates
$4,973 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,872 for first-year students
$4,485 for full-time undergraduates
$4,973 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
43% of first-year students
42% of full-time undergraduates
9% of part-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):
$16,498 for first-year students
$19,071 for full-time undergraduates
$9,586 for part-time undergraduates
Students who received a non-need-based athletic award:
3% of first-year students
3% of full-time undergraduates
1% of part-time undergraduates
Average non-need-based athletic award:
$50,278 for first-year students
$53,885 for full-time undergraduates
$32,819 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 17%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • Federal Nursing Loans
  • College/University Loans
Parent loans packaged to meet need: no
First-year loan package range: $1 (full tuition)
Undergraduate loan package range: $1 (full tuition)
Percent of undergraduates who have borrowed through all loan programs: 40%
Average student debt upon graduation: $19,000
Types of payment plans:
  • school's own payment plan(s)
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)
  • academic merit scholarships/grants
  • athletic scholarships
  • ROTC scholarships
  • leadership, minority status, and music/drama scholarships/grants.
First-year scholarship/grant award range: $1 (full tuition)
Undergraduate scholarship/grant award range: $1 (full tuition)

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