#2 Best Public Universities in Ohio

Miami Tuition & Cost

Oxford, Ohio

 1 Reviews

How much does it cost to attend?

In State Ohio Resident Sticker Price

In State Costs for Miami University
Fee Cost
Books and Supplies$1,240
Other Fees$2,914
Room and Board $15,080
Other Expenses Budget$2,618

Out of State Resident Sticker Price

Out of State Costs for Miami University
Fee Cost
Books and Supplies$1,240
Other Fees$2,914
Room and Board $15,080
Other Expenses Budget$2,618

In-State Tuition

In-state tuition at Miami University for undergraduate students residing in Ohio is $13,790. Room and board charges total $15,080 per year. Students will also need to budget for books and supplies, which typically amount to $1,240 annually. Other administrative or academic fees are $2,914 for the year. Additionally, students should plan an estimated $2,618 for other miscellaneous expenses throughout the year. In sum, residents attending Miami University full time should expect a total annual cost of $35,642.

Out-of-State Tuition

Undergraduate tuition at Miami University is $34,465 for out-of-state students. Additionally, out-of-state students are charged $15,080 for room and board, $1,240 for textbooks and educational resources, plus fees of $2,914. Students are advised to budget $2,618 for other expenses. When these costs are combined, annual out-of-state charges total $56,317. This figure is 58% higher than what Ohio residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The average reported annual net price for Miami University for students receiving grants or scholarship aid was $24,345 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending Miami University, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

Net Price by Income Miami University
Family Income Net Price Paid
$0 to $30,000$13,956
$30,001 to $48,000$16,062
$48,001 to $75,000$23,513
$75,001 to $110,000$26,704

Financial Aid

89% of full-time undergrad Miami University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $13,417 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 41% of students received Federal Student Loans averaging $5,321 and 7% of undergrads took out private student loans averaging $17,667.

Finanical Aid Miami University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $13,417 89%
Institutional Grants and Scholarships $12,731 77%
Pell Grants $4,847 12%
Other Federal Grants $1,675 27%
State and Local Grants $1,940 7%
Federal Student Loans $5,321 41%
Other Student Loans $17,667 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Miami University, we've modeled a ten year student loan with an original principal value of $88,840. The loan balance of $88,840 is a four year multiple of the $22,210 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 $942 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 4.99%.

Example Loan $88,840
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $941.85
Total Interest Paid $24,182.22
Sum of All Loan Payments $113,022.22

Projected 4 Year Degree Price

4 Year Sticker Price

Year Ohio Residents Non Residents
1 $35,642 $56,317
2 $36,697 $57,984
3 $37,784 $59,701
4 $38,902 $61,468

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Miami University to be $142,568 - assuming graduation in normal time. The estimation assumes a 3% 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 Miami University
Price Per Credit 3 Credit Class 4 Credit Class
Ohio Residents $624 $1,872 $2,496
Out of State Residents $1,461 $4,383 $5,844

Estimated cost for a class at Miami University 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 Miami University versus other colleges.

Tuition Payment Plans Available

Miami University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Costs for Similar Colleges 

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Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=204024 IPEDS survey data for Miami University.