University of Miami Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

University of Miami Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$234.946M

Financial Aid Official Website

admissions.miami.edu/undergraduate/financial-aid/index.html

As many as 74% of the students at UM get some sort of financial aid, and the total amount of assistance/loans provided is more than $15,437,131 in a year. For additional information about financial assistance schemes, one can head over to UM’s financial aid page at http://admissions.miami.edu/undergraduate/financial-aid/index.html. Notably, a total of 13% of the applicants to University of Miami receive the Federal Grant every year. In comparison, 70% of the students are awarded the Student Grant, 67% get the Institution Grant, and 13% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $7,174, while the same comes to $9,939 for State Grant receivers and $30,763 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,771. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $40,169 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $47,214, while those falling in the $48,001-$75,000 income category get $43,031 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $37,259. And, for those with a family income of more than $110,000, the amount stands at $22,995. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At UM, an estimated number of 29% of the applicants choose to go for student loans.

Other Colleges In Florida

Ringling College of Art and Design

Ringling College of Art and Design is a private university located in Sarasota, FL. Ringling College of Art and Design occupies a total area of about 48 acres. In 1931, Ringling College of Art and Design was founded by Ludd M. Spivey. Taking into account all the courses offered at Ringling Colleg

Sarasota, Florida 4 years Private Not-For-Profit

Rollins College

Located in Winter Park, FL, Rollins College is a private university. The university covers an area of 80 acres. It was in 1885 when the Rollins College was founded. Keeping the pursuit of research, innovation, and excellence at the center, Rollins College has been imparting quality education to its

Winter Park, Florida 4 years Private Not-For-Profit

Florida Southern College

#N/A

Lakeland, Florida 4 years Private Not-For-Profit

Other Private not-for-profit Colleges

Remington College

The student population of Remington College's main campus ( Lake Mary, Florida ) is 325 and a student-faculty ratio of 8:1. The student population is predominantly female with 93%. Overall the student base is very diverse with 17 % white Americans, 34% African Am

Lake Mary, Florida 4 years Private Not-For-Profit

Harvard University

Cambridge, Massachusetts 4 years Private Not-For-Profit

Keiser University

Initially, the university was a for-profit university, until Arthur Keiser sold the institute to Everglades College Inc. in 2011 and turned it into a non-profit entity in the process. Funnily enough, the latter is also a non-pr

Fort Lauderdale, Florida 4 years Private Not-For-Profit