University of Miami

www.miami.edu

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    2024 Undergraduate Tuition
    $60,720
    4.5% growth from 2023
    2024 Average Net Price
    $45,397
    After Financial Aid
    2024 Acceptance Rate
    18.9%
    53,954 Applicants
    2024 Enrolled Students
    19,852
    93.6% Full-Time
    2024 Graduation Rate
    83.7%
    1,959 Graduates

    About

    University of Miami is a higher education institution located in Miami-Dade County, FL. In 2024, the most popular Professional Doctorate concentrations at University of Miami were Law (409 degrees awarded), Medicine (201 degrees), and Physical Therapy (54 degrees).

    In 2024, 6,376 degrees were awarded across all undergraduate and graduate programs at University of Miami. 56.3% of these degrees were awarded to women, and 43.7% awarded men. The most common race/ethnicity group of degree recipients was white (2,502 degrees), 1.46 times more than then the next closest race/ethnicity group, hispanic or latino (1,719 degrees).

    The median undergraduate tuition at University of Miami is $60,720, which is $28,800 more than the national average for Doctoral Universities ($31,920).

    Photo by Chad Cooper
    Doctoral Universities: Highest Research ActivityDoctoral Universities

    Costs

    In 2024, the median undergraduate tuition at University of Miami is $60,720, which is $28,800 more than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $45,397.

    In 2024, 69% of undergraduate students attending University of Miami received financial aid through grants. Comparatively, 27% of undergraduate students received financial aid through loans.

    Tuition Costs

    $60,720
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at University of Miami was $60,720. The cost of tuition at University of Miami is $28,800 more than than the overall (public and private) national average for Doctoral Universities ($31,920).

    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

    $45,397
    2024 Value
    10.6%
    1 Year Growth

    In 2024 University of Miami had an average net price — the price paid after factoring in grants and loans — of $45,397. Between 2023 and 2024, the average net price of University of Miami grew by 10.6%.

    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

    $22,013
    Room and Board
    $1,328
    Books and Supplies

    The average yearly cost of room and board at University of Miami was of $22,013 in 2024. The cost of room and board increased by 15.7% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,328. The cost of books and supplies increased by 24.1% 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 by Income Level

    69%
    Undergraduates Receiving Financial Aid through Grants
    27%
    Undergraduates Receiving Financial Aid through Loans

    69% of undergraduate students at University of Miami received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 69% 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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    Admissions

    University of Miami received 53,954 undergraduate applications in 2024, which represents a 11.7% annual growth. Out of those 53,954 applicants, 10,195 students were accepted for enrollment, representing a 18.9% acceptance rate.

    There were 19,852 students enrolled at University of Miami in 2024. 33% of first-time enrollees submitted SAT scores with their applications.

    University of Miami has an overall enrollment yield of 24.3%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    18.9%
    Acceptance Rate in 2024
    10,195
    Accepted Out of 53,954

    In 2024, the undergraduate acceptance rate of University of Miami was 18.9% (10,195 admissions from 53,954 applications). This is higher than the acceptance rate of 2023, which was 18.5%. Between 2023 and 2024, the number of applicants grew by 11.7%, while admissions grew by 14%.

    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.

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    SAT Scores

    33%
    Submission Percentage (2024)
    817
    Scores Submitted (2024)

    33% of enrolled first-time students at University of Miami in 2024 submitted SAT scores with their applications.

    The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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    Enrollment

    University of Miami had a total enrollment of 19,852 students in 2024. The full-time enrollment at University of Miami is 18,584 students and the part-time enrollment is 1,268. This means that 93.6% of students enrolled at University of Miami are enrolled full-time.

    The enrolled student population at University of Miami, both undergraduate and graduate, is 42.6% White, 24.9% Hispanic or Latino, 7.51% Black or African American, 5.4% Asian, 3.85% Two or More Races, 0.171% Native Hawaiian or Other Pacific Islanders, and 0.106% American Indian or Alaska Native.

    Students enrolled at University of Miami in full-time Undergraduate programs are most commonly White Female (25.7%), followed by White Male (23.3%) and Hispanic or Latino Female (13.4%). Students enrolled in full-time Graduate programs are most commonly White Female (18.5%), followed by White Male (15.5%) and Hispanic or Latino Female (15%).

    Full-Time vs Part-Time Enrollment

    93.6%
    Full-Time Enrollment

    The total enrollment at University of Miami in 2024, both undergraduate and graduate, is 19,852 students. The full-time enrollment at University of Miami is 18,584 and the part-time enrollment is 1,268. This means that 93.6% of students enrolled at University of Miami are enrolled full-time compared with 77.3% 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

    94%
    2024 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 94%. Compared with the full-time retention rate at similar Doctoral Universities (82%), 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 (2024)
    1. White
      8,466 enrolled students
    2. Hispanic or Latino
      4,952 enrolled students
    3. Black or African American
      1,490 enrolled students

    The enrolled student population at University of Miami is 42.6% White, 24.9% Hispanic or Latino, 7.51% Black or African American, 5.4% Asian, 3.85% Two or More Races, 0.171% Native Hawaiian or Other Pacific Islanders, and 0.106% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 900 students (4.53%) did not report their race.

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    Graduates

    In 2024, 800 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 (2,502 degrees awarded). There were 1.46 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1,719 degrees).

    The most common Professional Doctorate concentration at University of Miami is Law (409 degrees awarded), followed by Medicine (201 degrees) and Physical Therapy (54 degrees).

    In 2024,  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 (630 degrees awarded), Architecture and Related Services (160 degrees), and Natural Resources & Conservation (175 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 (404,483 people), Other managers (281,284 people), Postsecondary teachers (146,841 people), Elementary & middle school teachers (133,164 people), and Other Physical Scientists (125,804 people).

    The most specialized majors at University of Miami in 2024 are Legal (630 degrees awarded), Architecture and Related Services (160 degrees), Natural Resources & Conservation (175 degrees), Biology (633 degrees), and Communications (333 degrees) (as of 2024).

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    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, Diagnostic medical sonographers, Nurse anesthetists, Physicians, and Magnetic resonance imaging technologists

    The most specialized majors at University of Miami are Legal (630 degrees awarded), Architecture and Related Services (160 degrees), Natural Resources & Conservation (175 degrees), Biology (633 degrees), and Communications (333 degrees) (as of 2024).

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    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 (552,687 people), Colleges, universities & professional schools, including junior colleges (420,486 people), Elementary & secondary schools (349,636 people), Architectural, engineering & related services (205,580 people), and Offices of physicians (200,664 people).

    The most specialized majors at University of Miami are Legal (630 degrees awarded), Architecture and Related Services (160 degrees), Natural Resources & Conservation (175 degrees), Biology (633 degrees), and Communications (333 degrees) (as of 2024).

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    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 (2024)
    1. General Finance
      254 degrees awarded
    2. Registered Nursing
      233 degrees awarded
    3. General Psychology
      193 degrees awarded

    In 2024, the most common bachelors degree concentration at University of Miami was General Finance with 254 degrees awarded.

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

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    Sex Breakdown for Common Majors

    2,788
    Degrees Awarded to Men
    in 2024
    3,588
    Degrees Awarded to Women
    in 2024

    In 2024, 2,788 degrees were awarded to men at University of Miami, which is 0.777 times less than the number of degrees awarded to females (3,588).

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

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    Most Common Male Majors

    In 2024, 224 degrees were awarded to men at University of Miami in General Finance, which is 3.03 times more than the 74 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 232 degrees were awarded to men at University of Miami in Law, which is 1.31 times more than the 177 male recipients with that same degree.

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    Time to Complete

    74%
    100% Completion Time
    84%
    150% Completion Time

    In 2024, 74% of students graduating from University of Miami completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 85% 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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    Graduation Rate by Race and Sex

    Showing demographic groups with ≥ 5 graduating students.
    Two or More Races Female
    Highest Graduation Rate (91.5%)

    The student demographic with the highest graduation rate in 2024 at University of Miami is Female and Two or More Races (91.5% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

    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, 4.24% of graduates (83 students) did not report their race.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      2,502 degrees awarded
    2. Hispanic or Latino
      1,719 degrees awarded
    3. Black or African American
      570 degrees awarded

    The most common race/ethnicity at University of Miami is white (2,502 degrees awarded). There were 1.46 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1,719 degrees).

    4.75% of degree recipients (303 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      1,351 degrees awarded
    2. White Female
      1,263 degrees awarded
    3. White Female
      1,222 degrees awarded

    The most common race/ethnicity and sex grouping at University of Miami is white female (1,351 degrees awarded). There were 1.07 times more white female recipients than the next closest race/ethnicity group, white female (1,263 degrees).

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    Operations

    University of Miami has an endowment valued at nearly $1.59B, as of the end of the 2024 fiscal year. The return on its endowment was of 360M (22.7%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, University of Miami had a total salary expenditure of 5.31B. University of Miami employs 377 Professors, 315 Lecturers and 287 Associate professors. Most academics at University of Miami are Male Professor (256), Male Associate professor (175), and Female Lecturer (168).

    The most common positions for non-instructional staff at University of Miami are: Management, with 825 employees, Computer, Engineering, and Science, with 761 employees, and Business and Financial Operations with 473 employees.

    Endowment

    $1.59B
    2024 Endowment
    16.4%
    growth from 2023

    University of Miami has an endowment valued at about $1.59B, as of the end of the 2024 fiscal year. The endowment of University of Miami grew 16.4% from the previous year. The value of their endowment was $1.34B 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. $361M - Federal
    2. $40.6M - State
    3. $152M - Local

    As of 2024, University of Miami received $361M in grants and contracts from the federal government, $40.6M from state grants and contracts, and $152M from local grants and contracts.

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    Salary Expenditure

    $2.25B
    2024 Salaries
    9.27%
    growth from 2023

    In 2024, University of Miami paid a median of $2.25B in salaries, which represents 42.4% of their overall expenditure ($5.31B) and a 9.27% growth from the previous year. This is compared to a 12.2% growth between 2022 and 2023, and a 13% growth between 2021 and 2022.

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    Instructional Salaries

    $169M
    Instructional Salaries
    1,143
    Number of Employees

    In 2024, University of Miami paid a total of $169M to 1,143 employees working as instructors, which represents 7.5% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at University of Miami were Management with 825 employees, Computer, Engineering, and Science with 761 employees, and Business and Financial Operations with 473 employees.

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