University of Miami

www.miami.edu/

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2020 Undergraduate Tuition

$52,080

3.33% growth from 2019

2020 Average Net Price

$31,726

After Financial Aid

2018 Student Loan

1.94%

Default Rate

2020 Acceptance Rate

33.1%

40,133 Applicants

2020 Enrolled Students

17,809

92.1% Full-Time

2020 Graduation Rate

82.9%

1,701 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 (259 degrees awarded), Registered Nursing (223 degrees), and General Psychology (153 degrees).

In 2020, 5,967 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 (2,127 degrees), 1.45 times more than then the next closest race/ethnicity group, hispanic or latino (1463 degrees).

The median undergraduate tuition at University of Miami is $52,080, which is $23,451 more than the national average for Doctoral Universities ($28,629).

Photo by Chad Cooper

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

The median undergraduate tuition at University of Miami is $52,080, which is $23,451 more than the national average for Doctoral Universities ($28,629).

After taking grants and loans into account, the average net price for students is $31,726.

In 2020, 66% of undergraduate students attending University of Miami received financial aid through grants. Comparatively, 25% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$52,080

2020 Undergraduate Tuition

In 2020, the cost of tuition at University of Miami was $52,080. The cost of tuition at University of Miami is $23,451 more than than the overall (public and private) national average for Doctoral Universities ($28,629).

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

Average Net Price

$31,726

2020 Value

4.16%

1 Year Growth

In 2020 University of Miami had an average net price — the price paid after factoring in grants and loans — of $31,726. Between 2019 and 2020, the average net price of University of Miami grew by 4.16%.

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

$16,448

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at University of Miami was of $16,448 in 2020. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 4.25% between 2019 and 2020. 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

Financial Aid by Income Level

66%

Undergraduates Receiving Financial Aid through Grants

25%

Undergraduates Receiving Financial Aid through Loans

66% of undergraduate students at University of Miami received financial aid through grants or loans in 2020. This represents a decline of 1.49% with respect to 2019, 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.

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%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at University of Miami was 1.94%, which represents 50 out of the 2581 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 40,133 undergraduate applications in 2020, which represents a 3.12% annual growth. Out of those 40,133 applicants, 13,282 students were accepted for enrollment, representing a 33.1% acceptance rate.

There were 17,809 students enrolled at University of Miami in 2020, and 55% of first-time enrollees submitted SAT scores with their applications.

University of Miami has an overall enrollment yield of 17.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

33.1%

Acceptance Rate in 2020

13,282

Accepted Out of 40,133

In 2020, the undergraduate acceptance rate of University of Miami was 33.1% (13,282 admissions from 40,133 applications). This is higher than the acceptance rate of 2019, which was 27.1%. Between 2019 and 2020, the number of applicants grew by 3.12%, while admissions grew by 25.8%.

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

SAT Scores

55%

Submission Percentage

1,303

Scores Submitted

55% of enrolled first-time students at University of Miami in 2020 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 has a total enrollment of 17,809 students. The full-time enrollment at University of Miami is 16,400 students and the part-time enrollment is 1,409. This means that 92.1% of students enrolled at University of Miami are enrolled full-time.

The enrolled student population at University of Miami, both undergraduate and graduate, is 38.8% White, 25.2% Hispanic or Latino, 8.76% Black or African American, 4.73% Asian, 3.68% Two or More Races, 0.135% American Indian or Alaska Native, and 0.0674% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Miami in full-time Undergraduate programs are most commonly White Female (22%), followed by White Male (21.2%) and Hispanic or Latino Female (12.9%). Students enrolled in full-time Graduate programs are most commonly White Female (17.7%), followed by White Male (16.7%) and Hispanic or Latino Female (14.7%).

Full-Time vs Part-Time Enrollment

92.1%

Full-Time Enrollment

The total enrollment at University of Miami, both undergraduate and graduate, is 17,809 students. The full-time enrollment at University of Miami is 16,400 and the part-time enrollment is 1,409. This means that 92.1% of students enrolled at University of Miami are enrolled full-time compared with 76.4% 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

91%

2020 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 (84.5%), 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

White
6,902
Hispanic or Latino
4,488
Black or African American
1,560

The enrolled student population at University of Miami is 38.8% White, 25.2% Hispanic or Latino, 8.76% Black or African American, 4.73% Asian, 3.68% Two or More Races, 0.135% American Indian or Alaska Native, and 0.0674% 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 49.8% White, 15.1% Hispanic or Latino, and 9.74% 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, 956 students (5.37%) did not report their race.

Graduates

In 2020, 663 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 (2,127 degrees awarded). There were 1.45 times more white graduates than the next closest race/ethnicity group, hispanic or latino (1463 degrees).

The most common Bachelor's Degree concentration at University of Miami is General Finance (259 degrees awarded), followed by Registered Nursing (223 degrees) and General Psychology (153 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 (545 degrees awarded), Math & Statistics (250 degrees), and Architecture and Related Services (80 degrees).

Workforce

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 (378,337 people), Other managers (159,686 people), Postsecondary teachers (158,043 people), Elementary & middle school teachers (110,547 people), and Architects, except landscape and naval (94,688 people).

The most specialized majors at University of Miami are Legal (545 degrees awarded), Math & Statistics (250 degrees), Architecture and Related Services (80 degrees), Biology (613 degrees), and Natural Resources & Conservation (89 degrees).

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, Securities, commodities, & financial services sales agents, Physicians, Dentists, and Chief executives & legislators

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 (441,483 people), Colleges, universities & professional schools, including junior colleges (323,802 people), Elementary & secondary schools (247,387 people), Architectural, engineering & related services (181,404 people), and Offices of physicians (178,362 people).

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

General Finance
259 degree-majorss awarded
Registered Nursing
223 degree-majorss awarded
General Psychology
153 degree-majorss awarded

In 2020, the most common bachelors degree concentration at University of Miami was General Finance with 259 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

2,652

Degrees Awarded to Men

in 2020

3,315

Degrees Awarded to Women

in 2020

In 2020, 2,652 degrees were awarded to men at University of Miami, which is 0.8 times less than the number of degrees awarded to females (3,315).

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

Most Common Male Majors

In 2020, 201 degrees were awarded to men at University of Miami in General Finance, which is 2.23 times more than the 90 female recipients with that same degree.

Most Common Female Majors

In 2020, 195 degrees were awarded to women at University of Miami in Registered Nursing, which is 6.96 times more than the 28 male recipients with that same degree.

Time to Complete

70%

100% Completion Time

82%

150% Completion Time

In 2020, 70% 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.

Diversity

Graduation Rate by Race and Sex

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 (72.4%).

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, 3.53% of graduates (60 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
2,127 degrees awarded
Hispanic or Latino
1,463 degrees awarded
Black or African American
475 degrees awarded

The most common race/ethnicity at University of Miami is white (2,127 degrees awarded). There were 1.45 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1463 degrees).

5.82% of degree recipients (347 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
1,106 degrees awarded
White Male
1,021 degrees awarded
Hispanic or Latino Female
880 degrees awarded

The most common race/ethnicity and sex grouping at University of Miami is white female (1,106 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white male (1,021 degrees).

Operations

University of Miami has an endowment valued at nearly $1.05B, as of the end of the 2020 fiscal year. The return on its endowment was of $39M (3.71%), compared to the 3.48% average return ($10.5M on $302M) across all Doctoral Universities.

In 2020, University of Miami had a total salary expenditure of $3.66B. University of Miami employs 349 Professors, 285 Lecturers, and 264 Associate professors. Most academics at University of Miami are Male Professors (257), Male Associate professors(161), and Female Lecturers (146).

The most common positions for non-instructional staff at University of Miami are: Management, with 677 employees, Computer, Engineering, and Science, with 667 employees, and Office and Administrative Support with 472 employees.

Finances

Endowment

$1.05B

2020 Endowment

5.35%

growth from 2019

University of Miami has an endowment valued at about $1.05B, as of the end of the 2020 fiscal year. The endowment of University of Miami grew 5.35% from the previous year. The value of their endowment was $749M 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

$317M - Federal
$31.5M - State
$163M - Local

As of 2020, University of Miami received $317M in grants and contracts from the federal government, $31.5M from state grants and contracts, and $163M from local grants and contracts.

Expenses

Salary Expenditure

$1.63B

2020 Salaries

6.01%

growth from 2019

In 2020, University of Miami paid a median of $1.63B in salaries, which represents 44.4% of their overall expenditure ($3.66B) and a 6.01% growth from the previous year. This is compared to a 3.99% growth from 2018 and a 6.34% growth from 2017.

The median for similar Doctoral Universities is 238M (43% of overall expenditures).

Instructional Salaries

$132M

Instructional Salaries

1,111

Number of Employees

In 2020, University of Miami paid a total of $132M to 1,111 employees working as instructors, which represents 8.12% of all salaries paid.

This is compared to a median of $69.9M (29.4%) for similar Doctoral Universities.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

349 Employees

Management

Most Common Non-Instructional Employee

677 Employees

In 2020, the most common positions for instructional staff at University of Miami were Professor with 349 employees; Lecturer with 285 employees; and Lecturer with 264 employees.

In 2020, the most common positions for non-instructional staff at University of Miami were Management with 677 employees; Computer, Engineering, and Science with 667 employees; and Office and Administrative Support with 472 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Male Associate professor
Female Lecturer

In 2020, the most common demographic for instructional staff at University of Miami was Male Professor with 257 employees, Male Associate professor with 161 employees, and Female Lecturer with 146 employees.

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

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