by our College Data Analytics TeamThis guide covers the real cost of attending University of Miami, spanning what it costs to attend, projected costs over a degree, net price, debt outcomes, and aid equity.
Want a specific number? Skip ahead to any section using the links below:
The cost of attendance at University of Miami is about $77,708.00 per academic year.
The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.
| Tuition and fees | $62,616.00 |
| + Room, board & other expenses | $15,092.00 |
| Total cost | $77,708.00 |
| That is 137% above the national average net price. |
| Total cost | $77,708.00 |
| − Grants and scholarships | −$48,834.00 |
| Net price | $28,874.00 |
| That is 12% below the national average net price. |
| Total cost | $77,708.00 |
| − Grants and scholarships | −$70,100.00 |
| Net price | $7,608.00 |
| That is 77% below the national average net price. | |
| Explore each piece on the tuition & fees page and room and board. |
Costs have trended upward in recent years by roughly 4.6% per year, so the four-year total runs well above today’s cost. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. The loan rows amortise the projected total over a ten-year, 6.8% repayment.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 4.6% | 4.6% | 4.6% |
| Freshman year | $7,956.00 | $30,194.00 | $81,259.00 |
| Senior year | $9,097.00 | $34,525.00 | $92,917.00 |
| Total 4-year net price | $34,072.00 | $129,309.00 | $348,006.00 |
| 10-year loan interest @ 6.8% | $12,980.00 | $49,262.00 | $132,578.00 |
| Total monthly payment | $392.00 | $1,488.00 | $4,005.00 |
| Total amount paid | $47,052.00 | $178,571.00 | $480,584.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 4.6% | 4.6% | 4.6% |
| Freshman year | $7,956.00 | $30,194.00 | $81,259.00 |
| Senior year | $8,319.00 | $31,573.00 | $84,973.00 |
| Total 2-year net price | $16,275.00 | $61,767.00 | $166,232.00 |
| 10-year loan interest @ 6.8% | $6,200.00 | $23,531.00 | $63,329.00 |
| Total monthly payment | $187.00 | $711.00 | $1,913.00 |
| Total amount paid | $22,475.00 | $85,298.00 | $229,561.00 |
Jump to the net-price detail in the net-price section.
Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. For most families it is a more realistic figure than the published cost.
| Average net price (on-campus) | $37,244.00 |
| Average net price (off-campus) | $36,803.00 |
What families actually pay shifts with income, since need-based grants are larger for lower-income students. Here is the average net price for each family-income range:
| Family income | Average net price |
|---|---|
| Under $30,000 | $17,790.00 |
| $30,000 to $48,000 | $19,645.00 |
| $48,001 to $75,000 | $20,250.00 |
| $75,001 to $110,000 | $26,355.00 |
| Over $110,000 | $48,907.00 |
Estimate your specific net price using the school’s University of Miami Net Price Calculator, or get in touch with the financial aid office.
For the grant-and-scholarship detail behind these figures, see the financial aid page.
The median graduating debt at University of Miami is $15,250.00, which the Department of Education classifies as a Low ($10-20k) burden tier.
The full distribution of debt at graduation looks like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $4,331.00 |
| 25th | $8,500.00 |
| Median (50th) | $15,250.00 |
| 75th | $26,000.00 |
| 90th | $31,500.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.
Family income tracks closely with debt at graduation. The figures below split graduating borrowers into three income brackets:
| Family income | Median debt at graduation |
|---|---|
| Low income | $15,500.00 |
| Middle income | $16,464.00 |
| High income | $14,500.00 |
Low-income borrowers graduate with $1,000.00 more debt than high-income graduates.
First-generation college students often carry different debt loads than their continuing-generation peers.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $15,500.00 |
| Continuing-generation students | $15,000.00 |
First-generation graduates from University of Miami carry $500.00 more debt than continuing-generation students.
Pell Grants are the federal government’s primary need-based undergraduate aid program. Contrasting Pell and non-Pell borrowers shows how need shapes debt.
The median debt gap between Pell and non-Pell graduates of University of Miami stands at $3,304.00. This institution is flagged by federal data for Pell-debt inequity.
The federal default-rate classification for University of Miami is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 1.9% |
For context on the loan portfolio, Stafford disbursements at University of Miami reach $1,635,893,716.00 covering 44,726 loan recipients.
Veterans and active-duty servicemembers can tap dedicated federal aid programs including the GI Bill and Tuition Assistance from the Department of Defense.
| GI Bill recipients | 291 |
| Avg GI Bill amount | $29,817.00 |
Explore GI Bill and military aid in detail on the college veterans page.
The data above is a foundation; round it out by asking yourself about University of Miami, keep these questions in mind:
Each page below covers one part of paying for college in more detail:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.