by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Miami University-Oxford can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Miami University - Oxford deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Miami University-Oxford.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Miami University-Oxford, 98% of first-year full-time students received aid of some kind around 3836 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $13,937 |
| Institutional grants & scholarships | 93% | $12,674 |
| Federal Pell grants | 15% | $5,363 |
| State/local grants | 10% | $3,236 |
| Federal student loans | 41% | $5,379 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, approximately 86% of undergraduate students received gift aid averaging $13,570 (among about 14221 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $13,570 |
| Federal Pell grants | 13% | $5,382 |
| Federal student loans | 33% | $6,321 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,373.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,116 |
| $30,001 – $75,000 | $21,077 |
| Over $75,000 | $30,636 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,384 |
| Off-campus title-IV students | $27,662 |
For a personalized estimate based on your family’s financial situation, use Miami University - Oxford’s net price calculator: miamioh.edu/onestop/paying-for-college/costs/net-price-calculators/index.html.
The median federal debt load at Miami University - Oxford comes to $16,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,000 |
| Median federal debt (graduates only) | $23,000 |
| Typical 10-year monthly payment (graduates) | $243.84/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Miami University - Oxford.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,509 |
| Middle income | $15,597 |
| High income | $17,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,750 |
| Continuing-generation students | $18,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,032 |
| Independent students | $14,834 |
These indicators are derived from the underlying debt data and summarize the overall picture at Miami University - Oxford.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Miami University - Oxford:
| Metric | Value |
|---|---|
| Stafford loan recipients | 51055 |
| Total Stafford loan amount | $920,770,352 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 24 |
| Total GI Bill amount | $97,418 |
| Average GI Bill amount per recipient | $4,059 |
References
More about our data sources and methodologies.