How much does it cost to attend?

Sticker Price
$66,274
Costs for University of Miami
Fee Cost
Tuition$47,040
Books and Supplies$1,000
Other Fees$1,444
Room and Board $13,666
Other Expenses Budget$3,124

Annual Prices

The annual list price to attend University of Miami on a full time basis for 2017/2018 is $66,274 for all students regardless of their residency. This fee is comprised of $47,040 for tuition, $13,666 room and board, $1,000 for books and supplies and $1,444 for other fees. Out of state tuition for University of Miami is $47,040, the same as Florida residents.

All price data is sourced from the 2017/2018 U.S. Department of Education National Center for Education Statistics survey.

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Net Price

Net price is indicative of what it actually costs to attend University of Miami when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$42,204
Net Price by Income University of Miami
Family Income Net Price Paid
$0 to $30,000$22,641
$30,001 to $48,000$15,596
$48,001 to $75,000$19,779
$75,001 to $110,000$25,551
$110,000+$39,815

The average reported annual net price for University of Miami for students receiving grants or scholarship aid was $42,204 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid University of Miami
Type Avg./Student Students Receiving
Annual Total Grant Aid $20,647 73%
Pell Grant $4,480 13%
Federal Student Loan $4,271 30%

The average reported annual net price for University of Miami for students receiving grants or scholarship aid was $42,204 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Miami, we've modeled a ten year student loan with an original principal value of $110,544. The loan balance of $110,544 is a four year multiple of the $27,636 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,154 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.7%.

Example Loan $110,544
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,154.21
Total Interest Paid $27,960.66
Sum of All Loan Payments $138,504.66

Projected 4 Year Degree Price

4 Year Sticker Price
$265,096
Year All Residents
1 $66,274
2 $68,615
3 $71,038
4 $73,547

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Miami to be $265,096 - assuming graduation in normal time. The estimation assumes a 3.5% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of Miami
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,960 $5,880 $7,840

Estimated cost for a class at University of Miami based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at University of Miami versus other colleges.

Tuition Payment Plans Available

University of Miami Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan Yes

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=135726 IPEDS survey data for University of Miami.