University of Miami

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2017 Undergraduate Tuition

$47,040

3.16% growth from 2016

2017 Average Net Price

$42,204

After Financial Aid

2016 Student Loan

1.94%

Default Rate

2017 Acceptance Rate

35.7%

30,638 Applicants

2017 Enrolled Students

17,003

91.8% Full-Time

2016 Graduation Rate

81.7%

1,719 Graduates

About

University of Miami is a higher education institution located in Miami-Dade County, FL. In 2016, the most popular Bachelor's Degree concentrations at University of Miami were General Finance (213 degrees awarded), General Economics (184 degrees), and Registered Nursing (181 degrees).

In 2017, 5,697 degrees were awarded across all undergraduate and graduate programs at University of Miami. 52.7% of these degrees were awarded to women, and 47.3% awarded men. The majority of degree recipients were white (2,257 degrees), 1.8 times more than then the next closest race/ethnicity group, hispanic or latino (1252 degrees).

The median undergraduate tuition at University of Miami is $47,040, which is $20,540 more than the national average for Doctoral Universities ($26,500).

Costs

The median undergraduate tuition at University of Miami is $47,040, which is $20,540 more than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $42,204.

In 2017, 67% of undergraduate students received federal grants, while 26% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,040

2017 Undergraduate Tuition

In 2017, the cost of tuition at University of Miami was $47,040. The cost of tuition at University of Miami is $20,540 more than than the overall (public and private) national average for Doctoral Universities ($26,500).

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

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Average Net Price

$42,204

2017 Value

12.8%

1 Year Growth

In 2017 University of Miami had an average net price — the price paid after factoring in grants and loans — of $42,204. Between 2016 and 2017, the average net price of University of Miami grew by 12.8%.

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.

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Other Student Expenses

$14,900

Room and Board

$930

Books and Supplies

The average yearly cost of room and board at University of Miami was of $14,900 in 2017. During the same period, the average yearly cost of books and supplies was $930. The cost of room and board increased by 3.26% between 2016 and 2017. 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.

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Financial Aid

Financial Aid by Income Level

67%

Of Undergraduates Receive Grants

26%

Of Undergraduates Receive Federal Loans

67% of undergraduate students at University of Miami received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 67% 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.

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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.

1.94%

2016 Default Rate

49

Number of Defaults

In 2016 the default rate for borrower's at University of Miami was 1.94%, which represents 49 out of the 2523 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.

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Admissions

University of Miami received 30,638 undergraduate applications in 2017, which represents a 5.81% annual decline. Out of those 30,638 applicants, 10,939 students were accepted for enrollment, representing a 35.7% acceptance rate.

There were 17,003 students enrolled at University of Miami in 2017, and 38% of first-time enrollees submitted SAT scores with their applications.

University of Miami has an overall enrollment yield of 20.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

35.7%

Acceptance Rate in 2017

10,939

Accepted Out of 30,638

In 2017, the undergraduate acceptance rate of University of Miami was 35.7% (10,939 admissions from 30,638 applications). This is lower than the acceptance rate of 2016, which was 37.7%. Between 2016 and 2017, the number of applicants declined by -5.81%, while admissions declined by -10.8%.

This chart compares the acceptance rate of University of Miami (in red) with that of other similar universities.

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SAT Scores

38%

Submission Percentage

847

Scores Submitted

38% of enrolled first-time students at University of Miami in 2017 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.

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Enrollment

University of Miami has a total enrollment of 17,003 students. The full-time enrollment at University of Miami is 15,610 students and the part-time enrollment is 1,393. This means that 91.8% of students enrolled at University of Miami are enrolled full-time.

The enrolled student population at University of Miami, both undergraduate and graduate, is 38.2% White, 22.8% Hispanic or Latino, 8.05% Black or African American, 5.48% Asian, 3.04% Two or More Races, 0.129% American Indian or Alaska Native, and 0.0647% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Miami in full-time Undergraduate programs are majority White Male (21.5%), followed by White Female (21.1%) and Hispanic or Latino Female (12%). Students enrolled in full-time Graduate programs are majority White Male (17.9%), followed by White Female (15.8%) and Hispanic or Latino Female (11.3%).

Full-Time vs Part-Time Enrollment

91.8%

Full-Time Enrollment

The total enrollment at University of Miami, both undergraduate and graduate, is 17,003 students. The full-time enrollment at University of Miami is 15,610 and the part-time enrollment is 1,393. This means that 91.8% of students enrolled at University of Miami are enrolled full-time compared with 78% 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.

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Retention Rate over Time

91%

2017 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 91%. Compared with the full-time retention rate at similar Doctoral Universities (83%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    6,489

  2. Hispanic or Latino

    3,869

  3. Black or African American

    1,369

The enrolled student population at University of Miami is 38.2% White, 22.8% Hispanic or Latino, 8.05% Black or African American, 5.48% Asian, 3.04% Two or More Races, 0.129% American Indian or Alaska Native, and 0.0647% 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 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 1,113 students (6.55%) did not report their race.

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Graduates

In 2017, 311 more women than men received degrees from University of Miami. The majority of degree recipients at University of Miami are white (2,257 degrees awarded). There were 1.8 times more white graduates than the next closest race/ethnicity group, hispanic or latino (1252 degrees).

The most common Bachelor's Degree concentration at University of Miami is General Finance (213 degrees awarded), followed by General Economics (184 degrees) and Registered Nursing (181 degrees).

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 (415 degrees awarded), Architecture and Related Services (90 degrees), and Biology (646 degrees).

Workforce

Common Jobs by Major

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 (383,869 people), Postsecondary teachers (135,794 people), Other managers (134,287 people), Elementary & middle school teachers (100,208 people), and Architects, except landscape and naval (88,207 people).

The most specialized majors at University of Miami are Legal (415 degrees awarded), Architecture and Related Services (90 degrees), Biology (646 degrees), Natural Resources & Conservation (90 degrees), and Philosophy and Religious Studies (42 degrees).

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Highest Paying Jobs by Major

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, Dentists, Sales representatives of services, except advertising, insurance, financial services, and travel, Physicians, and Chief executives & legislators

The most specialized majors at University of Miami are Legal (415 degrees awarded), Architecture and Related Services (90 degrees), Biology (646 degrees), Natural Resources & Conservation (90 degrees), and Philosophy and Religious Studies (42 degrees).

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Common Industries by Major

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 (447,931 people), Colleges, universities & professional schools, including junior colleges (298,763 people), Elementary & secondary schools (183,666 people), Offices of physicians (174,283 people), and Architectural, engineering & related services (170,525 people).

The most specialized majors at University of Miami are Legal (415 degrees awarded), Architecture and Related Services (90 degrees), Biology (646 degrees), Natural Resources & Conservation (90 degrees), and Philosophy and Religious Studies (42 degrees).

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Degrees

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

  1. 213 degrees awarded

  2. 184 degrees awarded

  3. 181 degrees awarded

In 2017, the most common bachelors degree concentration at University of Miami was General Finance with 213 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 2,693

  2. 3,004

In 2017, 2,693 degrees were awarded to men at University of Miami, which is 0.896 times less than the number of degrees awarded to females (3,004).

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

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Most Common Male Majors

In 2017, 205 degrees were awarded to men at University of Miami in General Business Administration & Management, which is 1.69 times more than the 121 female recipients with that same degree.

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Most Common Female Majors

In 2017, 160 degrees were awarded to women at University of Miami in General Psychology, which is 4.1 times more than the 39 male recipients with that same degree.

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Time to Complete

68%

100% Completion Time

82%

150% Completion Time

In 2017, 68% of students graduating from University of Miami completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 83% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at University of Miami is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 5.12% of graduates (88 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    2,257 degrees awarded

  2. Hispanic or Latino

    1,252 degrees awarded

  3. Unknown

    417 degrees awarded

The most common race/ethnicity at University of Miami is white (2,257 degrees awarded). There were 1.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1252 degrees).

7.32% of degree recipients (417 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    1,131 degrees awarded

  2. White Female

    1,126 degrees awarded

  3. Hispanic or Latino Female

    702 degrees awarded

The most common race/ethnicity and gender grouping at University of Miami is white male (1,131 degrees awarded). There were 1 times more white male recipients than the next closest race/ethnicity group, white female (1,126 degrees).

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Operations

University of Miami has an endowment valued at nearly $949M, as of the end of the 2017 fiscal year. The return on its endowment was of $122M (12.9%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, University of Miami had a total expenditure of $3.01B. Of that $3.01B, they spent $1.39B on salaries and $3.01B on benefits.

University of Miami employs 344 Professors, 301 Lecturers, and 256 Associate professors. Most academics at University of Miami are Male Professors (262), Female Lecturers(162), and Male Associate professors (147).

The most common positions for non-instructional staff at University of Miami are: Computer, Engineering, and Science, with 740 employees, Management, with 620 employees, and Office and Administrative Support with 582 employees.

Finances

Endowment

$949M

2017 Endowment

12.3%

growth from 2016

University of Miami has an endowment valued at about $949M, as of the end of the 2017 fiscal year. The endowment of University of Miami grew 12.3% from the previous year. The value of their endowment was $662M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $272M - Federal

  2. $9.86M - State

  3. $169M - Local

As of 2017, University of Miami received $272M in grants and contracts from the federal government, $9.86M from state grants and contracts, and $169M from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$1.39B

Salary Expenditure

$3.01B

Benefits Expenditure

In 2017, University of Miami had a total expenditure of $3.01B. Of that $3.01B, they spent $1.39B on salaries and $3.01B on benefits.

The bar chart shows the share of the primary expenses at University of Miami over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at University of Miami as a share of total expenditure.

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Salary Expenditure

$1.39B

2017 Salaries

5.16%

growth from 2016

In 2017, University of Miami paid a median of $1.39B in salaries, which represents 46.1% of their overall expenditure ($3.01B) and a 5.16% growth from the previous year. This is compared to a 5.38% growth from 2015 and a 5.44% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

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Instructional Salaries

$126M

Instructional Salaries

1,116

Number of Employees

In 2017, University of Miami paid a total of $126M to 1,116 employees working as instructors, which represents 9.1% of all salaries paid.

This is compared to a median of $146M (22.5%) for similar Doctoral Universities: Highest Research Activity.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

344 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

740 Employees

In 2017, the most common positions for instructional staff at University of Miami were Professor with 344 employees; Lecturer with 301 employees; and Lecturer with 256 employees.

In 2017, the most common positions for non-instructional staff at University of Miami were Computer, Engineering, and Science with 740 employees; Management with 620 employees; and Office and Administrative Support with 582 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Lecturer

  3. Male Associate professor

In 2017, the most common demographic for instructional staff at University of Miami was Male Professor with 262 employees, Female Lecturer with 162 employees, and Male Associate professor with 147 employees.

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

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