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University of Miami
Coral Gables, Florida
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Can You Afford University of Miami?

Concerned about paying for college? Take a look at U Miami's financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

2019 - 2020 Costs Between $46,268 and $70,906

Feeling a little stressed about paying $70,906 to attend University of Miami each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for Florida students, 70.3% of freshmen receive some form of financial aid, with the average amount totaling $33,931. Students from low-income families receive an average of $24,638 in aid during their first year.

Cost (no aid)

Tuition and fees$51,930
+ Room and board$14,658
+ Other expenses$4,318
Total cost$70,906
Affordability Score (3 out of 100)
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Net Price (with average aid)

Total cost$70,906
- Grants and scholarships$33,931
Net price$36,975
Affordability Score (8 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$70,906
- Grants and scholarships$24,638
Net price$46,268
Affordability Score (0 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at U Miami.

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Projected Costs Between $177,197 and $435,499 For a Four Year Degree. Between $84,069 and $211,188 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend U Miami in 2019 - 2020 was $70,906. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.1% each year. If this trend continues, we expect the full cost for incoming freshmen to be $75,312 during their first year. By their senior year, that cost will be approximately $82,439 for a bachelor degree candidate ($77,616 for an associate degree candidate) for a total of $315,359 over the course of four years ($152,928 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at University of Miami

Cost With Interest

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*5.2%3.1%
Freshman year$48,222$40,959$75,312
Senior year$49,230$43,110$77,616
Total 2-year net price$97,452$84,069$152,928
10-year loan interest @ 6.8%$37,126$32,027$58,260
Total monthly payment$1,121$967$1,760
Total amount paid$134,578$116,096$211,188
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*5.2%3.1%
Freshman year$48,222$40,959$75,312
Senior year$51,309$47,755$82,439
Total 4-year net price$199,021$177,197$315,359
10-year loan interest @ 6.8%$75,819$67,505$120,140
Total monthly payment$2,290$2,039$3,629
Total amount paid$274,840$244,702$435,499

Visit net price and financial aid to learn more about the total cost of attending University of Miami.

Further Questions to Consider

  • Do you know your deadlines?

    Meeting application deadlines for both the college and the FAFSA is crucial to getting financial aid.

  • When can you expect to begin receiving bills from the college?
  • Is there an option to make payments in monthly installments?
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