University of Miami

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2019 Undergraduate Tuition
$50,400
3.45% growth from 2018
2019 Average Net Price
$33,102
After Financial Aid
2017 Student Loan
2.29%
Default Rate
2019 Acceptance Rate
27.1%
38,920 Applicants
2019 Enrolled Students
17,811
91.9% Full-Time
2018 Graduation Rate
81.9%
1,622 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 (256 degrees awarded), Registered Nursing (213 degrees), and General Psychology (148 degrees).

In 2019, 5,756 degrees were awarded across all undergraduate and graduate programs at University of Miami. 53.2% of these degrees were awarded to women, and 46.8% awarded men. The most common race/ethnicity group of degree recipients was white (2,067 degrees), 1.38 times more than then the next closest race/ethnicity group, hispanic or latino (1493 degrees).

The median undergraduate tuition at University of Miami is $50,400, which is $21,900 more than the national average for Doctoral Universities ($28,500).

Costs

The median undergraduate tuition at University of Miami is $50,400, which is $21,900 more than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $33,102.

In 2019, 67% of undergraduate students received federal grants, while 26% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$50,400
2019 Undergraduate Tuition

In 2019, the cost of tuition at University of Miami was $50,400. The cost of tuition at University of Miami is $21,900 more than than the overall (public and private) national average for Doctoral Universities ($28,500).

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

$33,102
2019 Value
23.6%
1 Year Growth

In 2019 University of Miami had an average net price — the price paid after factoring in grants and loans — of $33,102. Between 2018 and 2019, the average net price of University of Miami grew by 23.6%.

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

$15,778
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at University of Miami was of $15,778 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 3.15% between 2018 and 2019. 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 2019. This represents a decline of 2.9% with respect to 2018, 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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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.
2.29%
2017 Default Rate
59
Number of Defaults

In 2017 the default rate for borrower's at University of Miami was 2.29%, which represents 59 out of the 2576 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 38,920 undergraduate applications in 2019, which represents a 13.5% annual growth. Out of those 38,920 applicants, 10,558 students were accepted for enrollment, representing a 27.1% acceptance rate.

There were 17,811 students enrolled at University of Miami in 2019, and 57% of first-time enrollees submitted SAT scores with their applications.

University of Miami has an overall enrollment yield of 20.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

27.1%
Acceptance Rate in 2019
10,558
Accepted Out of 38,920

In 2019, the undergraduate acceptance rate of University of Miami was 27.1% (10,558 admissions from 38,920 applications). This is lower than the acceptance rate of 2018, which was 32.1%. Between 2018 and 2019, the number of applicants grew by 13.5%, while admissions declined by −4.2%.

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

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SAT Scores

57%
Submission Percentage
1,255
Scores Submitted

57% of enrolled first-time students at University of Miami in 2019 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 17,811 students. The full-time enrollment at University of Miami is 16,365 students and the part-time enrollment is 1,446. This means that 91.9% of students enrolled at University of Miami are enrolled full-time.

The enrolled student population at University of Miami, both undergraduate and graduate, is 37.6% White, 23.6% Hispanic or Latino, 8.18% Black or African American, 4.72% Asian, 3.42% Two or More Races, 0.124% American Indian or Alaska Native, and 0.0561% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Miami in full-time Undergraduate programs are most commonly White Female (22.1%), followed by White Male (21%) and Hispanic or Latino Female (12.4%). Students enrolled in full-time Graduate programs are most commonly White Male (16.3%), followed by White Female (15.1%) and Hispanic or Latino Female (12.9%).

Full-Time vs Part-Time Enrollment

91.9%
Full-Time Enrollment

The total enrollment at University of Miami, both undergraduate and graduate, is 17,811 students. The full-time enrollment at University of Miami is 16,365 and the part-time enrollment is 1,446. This means that 91.9% of students enrolled at University of Miami are enrolled full-time compared with 77.6% 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.

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Retention Rate over Time

93%
2019 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 (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
    6,697
  2. Hispanic or Latino
    4,204
  3. Black or African American
    1,457

The enrolled student population at University of Miami is 37.6% White, 23.6% Hispanic or Latino, 8.18% Black or African American, 4.72% Asian, 3.42% Two or More Races, 0.124% American Indian or Alaska Native, and 0.0561% 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 50.3% White, 14.3% Hispanic or Latino, and 9.48% 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, 1,058 students (5.94%) did not report their race.

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Graduates

In 2019, 372 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 (2,067 degrees awarded). There were 1.38 times more white graduates than the next closest race/ethnicity group, hispanic or latino (1493 degrees).

The most common Bachelor's Degree concentration at University of Miami is General Finance (256 degrees awarded), followed by Registered Nursing (213 degrees) and General Psychology (148 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 (518 degrees awarded), Architecture and Related Services (91 degrees), and Biology (618 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 (388,526 people), Other managers (237,742 people), Postsecondary teachers (135,491 people), Elementary & middle school teachers (115,644 people), and Architects, except landscape and naval (106,751 people).

The most specialized majors at University of Miami are Legal (518 degrees awarded), Architecture and Related Services (91 degrees), Biology (618 degrees), Communications (302 degrees), and Natural Resources & Conservation (73 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, Securities, commodities, & financial services sales agents, Physicians, Actuaries, and Dentists

The most specialized majors at University of Miami are Legal (518 degrees awarded), Architecture and Related Services (91 degrees), Biology (618 degrees), Communications (302 degrees), and Natural Resources & Conservation (73 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 (464,417 people), Colleges, universities & professional schools, including junior colleges (387,829 people), Elementary & secondary schools (303,708 people), Offices of physicians (206,228 people), and Architectural, engineering & related services (192,594 people).

The most specialized majors at University of Miami are Legal (518 degrees awarded), Architecture and Related Services (91 degrees), Biology (618 degrees), Communications (302 degrees), and Natural Resources & Conservation (73 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. 256 degree-majorss awarded
  2. 213 degree-majorss awarded
  3. 148 degree-majorss awarded

In 2019, the most common bachelors degree concentration at University of Miami was General Finance with 256 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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Gender Breakdown for Common Majors

2,692
Degrees Awarded to Men
in 2019
3,064
Degrees Awarded to Women
in 2019

In 2019, 2,692 degrees were awarded to men at University of Miami, which is 0.879 times less than the number of degrees awarded to females (3,064).

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 2019, 231 degrees were awarded to men at University of Miami in General Business Administration & Management, which is 1.88 times more than the 123 female recipients with that same degree.

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Most Common Female Majors

In 2019, 182 degrees were awarded to women at University of Miami in Registered Nursing, which is 5.87 times more than the 31 male recipients with that same degree.

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Time to Complete

72%
100% Completion Time
84%
150% Completion Time

In 2019, 72% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (90.6%)

The student demographic with the highest graduation rate at University of Miami is Female and Asian (90.6% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (69.1%).

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, 4.93% of graduates (80 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    2,067 degrees awarded
  2. Hispanic or Latino
    1,493 degrees awarded
  3. Black or African American
    428 degrees awarded

The most common race/ethnicity at University of Miami is white (2,067 degrees awarded). There were 1.38 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1493 degrees).

6.32% of degree recipients (364 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    1,054 degrees awarded
  2. White Female
    1,013 degrees awarded
  3. Hispanic or Latino Female
    865 degrees awarded

The most common race/ethnicity and gender grouping at University of Miami is white male (1,054 degrees awarded). There were 1.04 times more white male recipients than the next closest race/ethnicity group, white female (1,013 degrees).

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Operations

University of Miami has an endowment valued at nearly $997M, as of the end of the 2019 fiscal year. The return on its endowment was of $20.7M (2.08%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, University of Miami had a total salary expenditure of $3.5B. University of Miami employs 344 Professors, 308 Lecturers, and 267 Associate professors. Most academics at University of Miami are Male Professors (253), Male Associate professors(162), and Female Lecturers (160).

The most common positions for non-instructional staff at University of Miami are: Computer, Engineering, and Science, with 697 employees, Management, with 686 employees, and Office and Administrative Support with 538 employees.

Finances

Endowment

$997M
2019 Endowment
2.36%
decline from 2018

University of Miami has an endowment valued at about $997M, as of the end of the 2019 fiscal year. The endowment of University of Miami declined 2.36% from the previous year. The value of their endowment was $686M 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. $242M - Federal
  2. $43.3M - State
  3. $158M - Local

As of 2019, University of Miami received $242M in grants and contracts from the federal government, $43.3M from state grants and contracts, and $158M from local grants and contracts.

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Expenses

Salary Expenditure

$1.53B
2019 Salaries
3.99%
growth from 2018

In 2019, University of Miami paid a median of $1.53B in salaries, which represents 43.8% of their overall expenditure ($3.5B) and a 3.99% growth from the previous year. This is compared to a 6.34% growth from 2017 and a 5.16% growth from 2016.

The median for similar Doctoral Universities is 234M (42.4% of overall expenditures).

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Instructional Salaries

$135M
Instructional Salaries
1,135
Number of Employees

In 2019, University of Miami paid a total of $135M to 1,135 employees working as instructors, which represents 8.79% of all salaries paid.

This is compared to a median of $71.1M (30.3%) for similar Doctoral Universities.

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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
697 Employees

In 2019, the most common positions for instructional staff at University of Miami were Professor with 344 employees; Lecturer with 308 employees; and Lecturer with 267 employees.

In 2019, the most common positions for non-instructional staff at University of Miami were Computer, Engineering, and Science with 697 employees; Management with 686 employees; and Office and Administrative Support with 538 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Professor
  2. Male Associate professor
  3. Female Lecturer

In 2019, the most common demographic for instructional staff at University of Miami was Male Professor with 253 employees, Male Associate professor with 162 employees, and Female Lecturer with 160 employees.

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

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