University of Miami campus
University of Miami logo

University of Miami

Average Grant & Scholarships

In 2022, 71 of freshman students at University of Miami received on average $35,012 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$35,012
Students Receiving Aid Average Amount Total Amount
Pell Grant 330 14% $5,051 $1,666,707
Other Federal Grant 331 14% $8,232 $2,724,665
State Grant/Scholarships 704 30% $9,894 $6,965,578
Institutional Grant/Scholarships 1,482 63% $32,726 $48,500,189
Total Grant & Scholarships 1,662 71% $35,012 $58,190,432

Average Student Loans

In 2022, 30% of freshman students at University of Miami received $3,991 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$3,991
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 705 30% $3,991 $2,813,632
Private Loans 126 5% $28,087 $3,538,929
Total Loans 741 32% $8,573 $6,352,561

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$26,178
Average aid amount
2022