University of Miami

www.miami.edu/

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2021 Undergraduate Tuition

$53,112

1.98% growth from 2020

2021 Average Net Price

$34,492

After Financial Aid

2019 Student Loan

0.668%

Default Rate

2021 Acceptance Rate

28.5%

42,245 Applicants

2021 Enrolled Students

19,096

92.9% Full-Time

2021 Graduation Rate

83.5%

1,717 Graduates

About

University of Miami is a higher education institution located in Miami-Dade County, FL. In 2021, the most popular Professional Doctorate concentrations at University of Miami were Law (344 degrees awarded), Medicine (205 degrees), and Physical Therapy (58 degrees).

In 2021, 6,042 degrees were awarded across all undergraduate and graduate programs at University of Miami. 55.6% of these degrees were awarded to women, and 44.4% awarded men. The most common race/ethnicity group of degree recipients was white (2,294 degrees), 1.44 times more than then the next closest race/ethnicity group, hispanic or latino (1,596 degrees).

The median undergraduate tuition at University of Miami is $53,112, which is $24,120 more than the national average for Doctoral Universities ($28,992).

Photo by Chad Cooper

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at University of Miami is $53,112, which is $24,120 more than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $34,492.

In 2021, 64% of undergraduate students attending University of Miami received financial aid through grants. Comparatively, 25% of undergraduate students received financial aid through loans.

Tuition Costs

$53,112

2021 Undergraduate Tuition

In 2021, the cost of tuition at University of Miami was $53,112. The cost of tuition at University of Miami is $24,120 more than than the overall (public and private) national average for Doctoral Universities ($28,992).

This chart compares the tuition costs of University of Miami (in red) with those of other similar universities.

Average Net Price

$34,492

2021 Value

8.72%

1 Year Growth

In 2021 University of Miami had an average net price — the price paid after factoring in grants and loans — of $34,492. Between 2020 and 2021, the average net price of University of Miami grew by 8.72%.

This chart compares the average net price of University of Miami (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$17,330

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at University of Miami was of $17,330 in 2021. The cost of room and board increased by 5.36% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at University of Miami (in red) with that of similar universities.

Financial Aid by Income Level

64%

Undergraduates Receiving Financial Aid through Grants

25%

Undergraduates Receiving Financial Aid through Loans

64% of undergraduate students at University of Miami received financial aid through grants or loans in 2021. This represents a decline of 3.03% with respect to 2020, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at University of Miami (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.668%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at University of Miami was 0.668%, which represents 17 out of the 2544 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

University of Miami received 42,245 undergraduate applications in 2021, which represents a 5.26% annual growth. Out of those 42,245 applicants, 12,037 students were accepted for enrollment, representing a 28.5% acceptance rate.

There were 19,096 students enrolled at University of Miami in 2021. 31% of first-time enrollees submitted SAT scores with their applications.

University of Miami has an overall enrollment yield of 23%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

28.5%

Acceptance Rate in 2021

12,037

Accepted Out of 42,245

In 2021, the undergraduate acceptance rate of University of Miami was 28.5% (12,037 admissions from 42,245 applications). This is lower than the acceptance rate of 2020, which was 33.1%. Between 2020 and 2021, the number of applicants grew by 5.26%, while admissions declined by −9.37%..

This chart compares the acceptance rate of University of Miami (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

31%

Submission Percentage (2021)

871

Scores Submitted (2021)

31% of enrolled first-time students at University of Miami in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

University of Miami had a total enrollment of 19,096 students in 2021. The full-time enrollment at University of Miami is 17,738 students and the part-time enrollment is 1,358. This means that 92.9% of students enrolled at University of Miami are enrolled full-time.

The enrolled student population at University of Miami, both undergraduate and graduate, is 39.7% White, 25% Hispanic or Latino, 8.71% Black or African American, 4.54% Asian, 3.47% Two or More Races, 0.0995% American Indian or Alaska Native, and 0.0943% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Miami in full-time Undergraduate programs are most commonly White Female (22.9%), followed by White Male (22%) and Hispanic or Latino Female (13.8%). Students enrolled in full-time Graduate programs are most commonly White Female (18.2%), followed by White Male (16.1%) and Hispanic or Latino Female (14.1%).

Full-Time vs Part-Time Enrollment

92.9%

Full-Time Enrollment

The total enrollment at University of Miami in 2021, both undergraduate and graduate, is 19,096 students. The full-time enrollment at University of Miami is 17,738 and the part-time enrollment is 1,358. This means that 92.9% of students enrolled at University of Miami are enrolled full-time compared with 76.6% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at University of Miami (in red) compares to similar universities.

Retention Rate over Time

93%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at University of Miami was 93%. Compared with the full-time retention rate at similar Doctoral Universities (84%), University of Miami had a retention rate higher than its peers.

This chart shows the retention rate over time at University of Miami (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
7,588 enrolled students
Hispanic or Latino
4,769 enrolled students
Black or African American
1,664 enrolled students

The enrolled student population at University of Miami is 39.7% White, 25% Hispanic or Latino, 8.71% Black or African American, 4.54% Asian, 3.47% Two or More Races, 0.0995% American Indian or Alaska Native, and 0.0943% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 48.9% White, 15.1% Hispanic or Latino, and 9.56% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 953 students (4.99%) did not report their race.

Graduates

In 2021, 674 more women than men received degrees from University of Miami. The most common race/ethnicity group of degree recipients at University of Miami is white (2,294 degrees awarded). There were 1.44 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1596 degrees).

The most common Professional Doctorate concentration at University of Miami is Law (344 degrees awarded), followed by Medicine (205 degrees) and Physical Therapy (58 degrees).

In 2021, the most specialized majors across all degree types at University of Miami, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (491 degrees awarded), Architecture and Related Services (104 degrees), and Biology (602 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Miami are Physicians (382,033 people), Other managers (242,927 people), Postsecondary teachers (144,547 people), Elementary & middle school teachers (134,730 people), and Architects, except landscape and naval (100,593 people).

The most specialized majors at University of Miami in 2021 are Legal (491 degrees awarded), Architecture and Related Services (104 degrees), Biology (602 degrees), Natural Resources & Conservation (91 degrees), and Communications (310 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Miami are Surgeons, Nuclear medicine technologists and medical dosimetrists, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at University of Miami are Legal (491 degrees awarded), Architecture and Related Services (104 degrees), Biology (602 degrees), Natural Resources & Conservation (91 degrees), and Communications (310 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at University of Miami are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (491,742 people), Colleges, universities & professional schools, including junior colleges (381,880 people), Elementary & secondary schools (312,756 people), Offices of physicians (191,565 people), and Architectural, engineering & related services (190,236 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University of Miami.

Most Common (2021)

General Finance
275 degrees awarded
Registered Nursing
249 degrees awarded
General Psychology
167 degrees awarded

In 2021, the most common bachelors degree concentration at University of Miami was General Finance with 275 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at University of Miami according to their major.

Sex Breakdown for Common Majors

2,684

Degrees Awarded to Men

in 2021

3,358

Degrees Awarded to Women

in 2021

In 2021, 2,684 degrees were awarded to men at University of Miami, which is 0.799 times less than the number of degrees awarded to females (3,358).

This chart displays the sex disparity between the top 5 majors at University of Miami by degrees awarded.

Most Common Male Majors

In 2021, 199 degrees were awarded to men at University of Miami in General Finance, which is 2.16 times more than the 92 female recipients with that same degree.

Most Common Female Majors

In 2021, 227 degrees were awarded to men at University of Miami in Registered Nursing, which is 10.3 times more than the 22 male recipients with that same degree.

Time to Complete

73%

100% Completion Time

83%

150% Completion Time

In 2021, 73% of students graduating from University of Miami completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 84% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at University of Miami is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 4.72% of graduates (81 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
2,294 degrees awarded
Hispanic or Latino
1,596 degrees awarded
Black or African American
480 degrees awarded

The most common race/ethnicity at University of Miami is white (2,294 degrees awarded). There were 1.44 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1596 degrees).

4.44% of degree recipients (268 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
1,205 degrees awarded
White Male
1,089 degrees awarded
Hispanic or Latino Female
950 degrees awarded

The most common race/ethnicity and sex grouping at University of Miami is white female (1,205 degrees awarded). There were 1.11 times more white female recipients than the next closest race/ethnicity group, white male (1089 degrees).

Operations

University of Miami has an endowment valued at nearly $1.39B, as of the end of the 2021 fiscal year. The return on its endowment was of 394M (28.3%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, University of Miami had a total salary expenditure of 3.67B. University of Miami employs 361 Professors, 298 Lecturers and 275 Associate professors. Most academics at University of Miami are Male Professor (258), Male Associate professor (170), and Female Lecturer (158).

The most common positions for non-instructional staff at University of Miami are: Management, with 700 employees, Computer, Engineering, and Science, with 678 employees, and Office and Administrative Support with 431 employees.

Endowment

$1.39B

2021 Endowment

32.6%

growth from 2020

University of Miami has an endowment valued at about $1.39B, as of the end of the 2021 fiscal year. The endowment of University of Miami grew 32.6% from the previous year. The value of their endowment was $1.01B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Miami (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$287M - Federal
$35.3M - State
$101M - Local

As of 2021, University of Miami received $287M in grants and contracts from the federal government, $35.3M from state grants and contracts, and $101M from local grants and contracts.

Salary Expenditure

$1.62B

2021 Salaries

0.0354%

decline from 2020

In 2021, University of Miami paid a median of $1.62B in salaries, which represents 44.3% of their overall expenditure ($3.67B) and a 0.0354% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$137M

Instructional Salaries

1,114

Number of Employees

In 2021, University of Miami paid a total of $137M to 1,114 employees working as instructors, which represents 8.44% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

361 Employees

Management

Most Common Non-Instructional Employee

700 Employees

In 2021, the most common positions for instructional staff at University of Miami were Professor with 361 employees, Lecturer with 298 employees, and Associate professor with 275 employees.

In 2021, the most common positions for non-instructional staff at University of Miami were Management with 700 employees, Computer, Engineering, and Science with 678 employees, and Office and Administrative Support with 431 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Associate professor
Female Lecturer

In 2021, the most common demographic for instructional staff at University of Miami was Male Professor with 258 employees, Male Associate professor with 170 employees, and Female Lecturer with 158 employees.

This chart shows the sex split between each academic rank present at University of Miami.