February 24, 2024

The University of Miami Undergraduate tuition and fees vary based on the college or school within the university. In addition, certain additional fees will be added to tuition hence you should take advantage of the merit scholarship given to first-year undergraduates. For more on University of Miami Undergraduate tuition, fees, and scholarships, stay on this page!!

University of Miami undergraduate tuition

The University of Miami (UM), often referred to simply as “Miami,” is a private research university located in Coral Gables, Florida.

It is a renowned institution with a great alumni list to show the great quality of students it produces.

This article will educate you about the university, tuition, and scholarships available. Keep reading!!

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Overview of the University of Miami

The University of Miami was founded in 1925 and has since grown into a prominent institution of higher education in the United States.

It was established during the Florida land boom of the 1920s and has a rich history of academic excellence and cultural diversity.

The main campus of the University of Miami is situated in Coral Gables, which is a suburb of Miami, Florida.

The university also has a medical campus in downtown Miami and a marine campus on Virginia Key.

The University of Miami is known for its strong academic programs and research initiatives.

It offers a wide range of undergraduate, graduate, and professional degree programs across various disciplines, including business, law, medicine, engineering, arts and sciences, and more.

Furthermore, the University of Miami has produced numerous notable alumni in various fields, including politics, entertainment, sports, and business.

Some famous alumni include former U.S. Senator Bob Graham, actor Sylvester Stallone, and musician Gloria Estefan, among others.

In addition, UM offers a vibrant student life with numerous clubs, organizations, and activities for students to engage in.

The university hosts cultural events, concerts, and athletic events throughout the year.

The University of Miami Undergraduate Tuition

The University of Miami undergraduate tuition and fees can vary depending on factors like your specific program, residency status, and whether you’re attending full-time or part-time.

Equally important is that tuition rates may change, so it’s important to check the university’s official website or contact their admissions or financial aid office for the most up-to-date information.

For the 2021-2022 academic year, here’s an estimate of the tuition and fees at the University of Miami:

  1. Tuition: The annual tuition for full-time undergraduate students varied based on the college or school within the university. In general, it could range from approximately $48,000 to $54,000 for in-state students and $48,000 to $56,000 for out-of-state students.
  2. Fees: In addition to tuition, students typically incur fees for various services and resources. These fees could range from $1,000 to $2,000 per year, but they can vary depending on your program and specific courses.
  3. Room and Board: If you plan to live on campus and have a meal plan, you would also need to budget for room and board expenses, which can vary based on your housing and dining choices.

In conclusion, keep in mind that tuition and fee amounts tend to increase each year.

Hence, it’s essential to check the University of Miami’s website or contact their financial aid office for the most accurate information regarding undergraduate tuition and fees for the academic year you’re interested in.

Additionally, you should explore scholarship and financial aid opportunities to help offset the cost of attending the university.

University of Miami Financial Aid Statistics

Financial aid, which is typically given based on need or merit, is money that students can use to pay for college.

Your or your family’s demonstrated capacity to pay for college is taken into account when calculating need-based help using the Free Application for Federal Student Aid, or FAFSA.

At the University of Miami, first-year students received grants or scholarships with an average need-based value of $30,822.

In addition, need-based financial aid was provided to 46% of first-year students in the autumn of 2021.

Federal loans and work-study programs are two examples of need-based self-help aid. The average first-year student received $5,420 in need-based self-help aid.

Non-need-based help, often known as merit-based aid, is given in recognition of a student’s aptitude or academic success.

Without including any possible athletic scholarships, the average non-need-based scholarship or grant given to first-year students at the University of Miami was $23,451.

The University of Miami met 96% of its students’ financial aid need

More on University of Miami Tuition

Fees are dependent upon full-time/part-time status.

This is usually determined by the sum total of semester credit hours carried by the student in all divisions or enrollment in certain special programs that are classified as full-time regardless of credit hour load.

Intersession classes are included with regular fall and spring semester classes in determining the student’s full- or part-time status.

This determination will also result in the billing of required fees.  Fees may be subject to change.

Undergraduate students are classified full-time if they enroll in 12 or more credit hours in a regular semester.

Also if they enroll in a 12 or more credit hour in a summer session or if they are enrolled in a special program which is classified full-time regardless of credit hour load.

On the other hand, Graduate students are classified full-time if they enroll in nine (9) or more credit hours in a regular semester.

Or they enroll in six (6) or more credit hours in a summer session, or if they are enrolled in dissertation credit hours that are classified as full-time.

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You don’t have to pay back funding such as scholarships. Scholarships that are need-based take into account a student’s financial situation.

Consequently, Merit-based scholarships are given to students who excel in academics or sports.

Indeed, you can also be eligible for a scholarship based on your involvement in volunteer work, special interests, or traits. Also personal background, or the job or military experience of your parents.

Some students receive scholarships that are sufficient to pay for both their tuition and living costs.

Miami Scholarship

The following are some examples of scholarships that the university offers;

Merit Scholarship

Consequently, incoming fall first-year students are automatically considered for merit scholarships.

University of Miami scholars are students from across the world. Their varied experiences, achievements, and interests help cultivate the vibrant academic community that is the University of Miami.

Also, many rise to the top of our applicant pool and demonstrate significant academic accomplishments.

This takes place in a challenging and well-rounded curriculum, strong work ethic, and meaningful participation in extracurricular activities.

Recipients are notified of their award at the time of admission. They may receive only one merit scholarship from the Office of Undergraduate Admission.

Equally important is that merit scholarships are limited and very competitive for first-year students entering in the spring semester.

Premier Scholarships

The most academically competitive students admitted to the first-year class may be considered for Premier Scholarships.

Additional information may be required. Visit each respective scholarship page for more information about the selection process and deadlines

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