When selecting a graduate program, one of the most important factors to consider is cost. Learn more about the University of Miami Tuition, besides our tuition and fees.
Tuition and Fees
MIU believes that education is the key to growth and success, and that it should be available to all. MIU City University Miami’s programs are highly competitively priced, making education affordable and accessible for students. Owing to MIU’s payment plans, students have the option of paying their tuition costs in instalments.
Our consultants will assist you in selecting the best solution for your requirements and prospects.
The tuition cost for the course covers instruction and access to the virtual classroom, as well as the use of study and communication tools and interactive materials. Third-party resources, such as textbooks, are not included, however students can take advantage of special deals through MIU City University Miami.
Certificates, exams, duplication, and other administrative expenditures may be incurred.
University of Miami Tuition Student Budget
| Expenses | Undergraduate On Campus | Undergraduate Off-Campus or University Village | With Parent/Relative  |
| Tuition (1)Â | $55,440 | $55,440 | $55,440 |
| Fees | $1,754 | $1,754 | $1,754 |
| Housing and Meals | $16,530 | $21,150 | $7,050 |
| Books | $1,070 | $1,070 | $1,070 |
| Personal | $2,346 | $2,346 | $2,346 |
| Transportation | $1,500 | $1,500 | $1,500 |
| Total Cost of Attendance:Â | $78,640 | $83,260 | $69,160 |
University of Miami Financial Aid Statistics
Financial help is money given to students to help them pay for education. They usually give it based on need or merit.
Need-based funding is based on your or your family’s showed capacity to pay for college, as assessed by the FAFSA, or Free Application for Federal Student Aid. At the University of Miami, the average need-based scholarship or grant offered to first-year students were $30,859. In fall 2023, 49% of first-year students received need-based financial help.
Federal loans and work-study are examples of need-based self-help aid. First-year students received an average of $5,206 in need-based self-help aid.
Merit-based aid, also known as non-need-based help, is given in recognition of a special ability or academic success. The average non-need-based scholarship or grant granted to first-year students at the University of Miami was $23,386 (excluding athletic scholarships, if applicable).
The University of Miami satisfied 96% of its students’ need for financial help. Read on to discover more about the various help offered.
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University of Miami Tuition Student Loan Debt
How much student loan debt you incur might have a long-term financial impact on your life after college. Ideally, your overall student loan debt should be less than your expected beginning wage after graduation.
The typical federal loan debt among students who got their undergraduate degree at the University of Miami is $17,500. The typical monthly federal loan payment for student federal loan borrowers who graduated is $175 (if repaid over 10 years at 5.05% interest).
9% of the University of Miami graduates took out private loans. At graduation, students with private loans owed an average of $33,324 in private loan debt.
University of Miami Tuition Scholarships
Scholarships are a sort of money that does not need repayment. Need-based scholarships consider a student’s financial situation. Merit-based scholarships are given to students who have excelled in academics or sports. You may also be eligible for a scholarship based on your community service, unusual interests or characteristics, personal background, or a parent’s company or military association.
Some students get scholarship funds sufficient to cover their tuition and living expenses.
University of Miami Tuition Work Study
Working while in school might help you pay off your student loans faster. Schools provide work-study programs and campus employment to students who want to earn money in their spare time. Some colleges assign work-study employment to students, while others require them to apply for the positions like they would for any other job.
Start your job hunt by seeing whether your college has any in-person or online employment boards. Speak with instructors, classmates, or career counselors for help in finding a job that is linked to your major and interests.
Is University of Miami Worth the Cost?
The University of Miami is ranked #2,090 out of 2,223 in terms of value. We feel the University of Miami is pricey for the quality education it delivers, based on our examination of other universities at comparable price points.
What is the Average GPA for the University of Miami?
In 2023, the average GPA for the University of Miami admittance rate was about 3.6. As a result, candidates must focus on attaining at least 3.6 GPA in high school by completing hard courses. Students should take AP, IB, or advanced honors courses for this.
Is University of Miami Prestigious?
The University of Miami is ranked #55 out of 443 nationally. They grade schools based on their performance across a set of widely regarded excellence factors.
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Does University of Miami Offer Full Ride Scholarships?
Weeks Scholars receive complete tuition for four years of undergraduate studies at the University of Michigan. They give Jenkins scholarships to high school seniors who have showed academic excellence, considerable financial need, and a history of overcoming adversity.
Is University of Miami Considered Ivy League?
They still regard Miami as a Public Ivy in the United States.
Does University of Miami Give A Lot of Financial Aid?
A University of Michigan education is within your grasp!
For all accepted students, the University of Miami meets 100 percent of verified financial need.
We believe this article has done justice to the University of Miami Tuition. Please keep visiting our page for more articles like this.