univstats

Miami Financial Aid

Number Received Financial Aid (All Undergraduate) 8,176
Percent Received Financial Aid(All Undergraduate) 68%
Average Aid Amount $37,806
Number Received Financial Aid (Freshmen) 2,107
Percent Received Financial Aid (Freshmen) 76%

Financial Aid Information at Miami

For the academic year 2021-2022, a total of 8,176 students (68% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $37,806. For freshmen (Full-time, first-time degree-seeking undergraduate students), 2,107 students (76% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at University of Miami is $59,926, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 8,176 students (68% of all students) have received grants or scholarships and the average received aid amount is $37,806. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at University of Miami for all undergraduate students.
Undergraduate Student Financial Aid at University of Miami
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid8,17668%$37,806
Pell Grants1,94316%$5,115
Federal Student Loans3,24627%$5,826

Beginning Students Financial Aid

a total of 2,107 beginning students (76% of all freshmen) have received any financial aid and 2,062 students (75% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at University of Miami.
Beginning Students (Freshmen) Financial Aid at University of Miami
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,10776%-
Grants or Scholarship from All Sources1,98372%$37,322
Federal Grants41615%$7,798
Pell Grants41615%$5,485
Other Federal Grants32612%$2,952
State/Local Grants60822%$9,048
Institutional Grants1,90169%$34,332
Student Loans93934%$8,432
Federal Student Loans91833%$4,204
Other Student Loans1536%$26,522