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University of MiamiScholarships & Financial Aid 2026

Based on Common Data Set 2023-2024 figures

Merit-Based Aid

Average Merit Award
$24,895/yr

Net Price by Family Income

Average annual cost after grants and scholarships, by household income bracket.

Under $30,000$17,790/yr
$30,001 to $48,000$19,645/yr
$48,001 to $75,000$20,250/yr
$75,001 to $110,000$26,355/yr
Over $110,000$48,907/yr

Cost of Attendance

Tuition & Fees$62,616
Room & Board$23,790
Books & Supplies$1,266
Total Estimated Cost$91,888

Frequently Asked Questions

Does University of Miami offer merit scholarships?

Yes. Based on CDS data, a portion of incoming freshmen receive merit-based awards with an average of $24,895 per year. Merit aid is awarded based on academic achievement and other criteria independent of financial need.

How much financial aid does University of Miami give?

The average net price for students receiving aid is $36,803 per year. Individual aid packages vary based on financial need and academic profile.