by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Curious about the financial aid opportunities at Miami University - Hamilton and what you may be eligible for? Explore the answers here.
$4,545.00 is the typical Miami University - Hamilton’s first year financial aid package. 83% of first-year students are awarded financial aid, primarily comprising loans.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Miami University - Hamilton you may end up taking on.
As well as scholarships, 43% of freshmen (205 total) obtained a federal grant, for about $5,141.00 a piece.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
43% of first years at Miami University - Hamilton (205 total) obtained a federal grant, averaging $5,141.00.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.27% | $5,630.00 |
| Income 30k-48k | 9.45% | $5,933.00 |
| Income 48k-75k | 9.03% | $1,954.00 |
| Income 75k-110k | 4.41% | $756.00 |
| Income 110k + | 3.36% | $645.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
280 Miami University - Hamilton undergrads obtain grant aid (this is about 83% of the entire undergraduate student population). The average amount these students receive is $4,545.00.The majority of which come in the form of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.