Number Received Financial Aid (All Undergraduate)
8,594
Percent Received Financial Aid(All Undergraduate)
69%
Average Aid Amount
$37,436
Number Received Financial Aid (Freshmen)
1,909
Percent Received Financial Aid (Freshmen)
81%
Financial Aid Information at Miami
For the academic year 2023-2024, a total of 8,594 students (69% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $37,436. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,909 students (81% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at University of Miami is $62,616, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 8,594 students (69% of all students) have received grants or scholarships and the average received aid amount is $37,436. 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 8,594 | 69% | $37,436 |
| Pell Grants | 1,925 | 15% | $5,308 |
| Federal Student Loans | 3,329 | 27% | $5,991 |
Beginning Students Financial Aid
a total of 1,909 beginning students (81% of all freshmen) have received any financial aid and 1,872 students (79% 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,909 | 81% | - |
| Grants or Scholarship from All Sources | 1,834 | 77% | $36,720 |
| Federal Grants | 311 | 13% | $7,598 |
| Pell Grants | 309 | 13% | $5,330 |
| Other Federal Grants | 240 | 10% | $2,984 |
| State/Local Grants | 473 | 20% | $8,343 |
| Institutional Grants | 1,780 | 75% | $34,289 |
| Student Loans | 736 | 31% | $10,563 |
| Federal Student Loans | 692 | 29% | $4,212 |
| Other Student Loans | 163 | 7% | $29,813 |
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