University of Miami

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2016 Undergraduate Tuition

$45,600

2.7% growth from 2015

2016 Average Net Price

$37,424

After Financial Aid

2015 Student Loan

2.34%

Default Rate

2016 Acceptance Rate

37.7%

32,528 Applicants

2016 Enrolled Students

16,744

92% 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 (186 degrees awarded), General Economics (184 degrees), and General Psychology (181 degrees).

In 2016, 5,243 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 (2,054 degrees), 1.68 times more than then the next closest race/ethnicity group, hispanic or latino (1226 degrees).

The median undergraduate tuition at University of Miami is $45,600, which is $19,744 more than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at University of Miami is $45,600, which is $19,744 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $37,424.

In 2016, 67% of undergraduate students received federal grants, while 26% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$45,600

2016 Undergraduate Tuition

In 2016, the cost of tuition at University of Miami was $45,600. The cost of tuition at University of Miami is $19,744 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

$37,424

2016 Value

5.59%

1 Year Growth

In 2016 University of Miami had an average net price — the price paid after factoring in grants and loans — of $37,424. Between 2015 and 2016, the average net price of University of Miami grew by 5.59%.

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

$14,430

Room and Board

$930

Books and Supplies

The average yearly cost of room and board at University of Miami was of $14,430 in 2016. During the same period, the average yearly cost of books and supplies was $930. The cost of room and board increased by 23.4% between 2015 and 2016. The cost of books and supplies decreased by 61.7% 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 2016. This represents a decline of 4.29% with respect to 2015, when 70% 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.

2.34%

2015 Default Rate

64

Number of Defaults

In 2015 the default rate for borrower's at University of Miami was 2.34%, which represents 64 out of the 2739 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 32,528 undergraduate applications in 2016, which represents a 2.67% annual decline. Out of those 32,528 applicants, 12,267 students were accepted for enrollment, representing a 37.7% acceptance rate.

There were 16,744 students enrolled at University of Miami in 2016, and 39% of first-time enrollees submitted SAT scores with their applications.

University of Miami has an overall enrollment yield of 16.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

37.7%

Acceptance Rate in 2016

12,267

Accepted Out of 32,528

In 2016, the undergraduate acceptance rate of University of Miami was 37.7% (12,267 admissions from 32,528 applications). This is lower than the acceptance rate of 2015, which was 37.8%. Between 2015 and 2016, the number of applicants declined by -2.67%, while admissions declined by -2.87%.

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

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SAT Scores

39%

Submission Percentage

807

Scores Submitted

39% of enrolled first-time students at University of Miami in 2016 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 16,744 students. The full-time enrollment at University of Miami is 15,412 students and the part-time enrollment is 1,332. This means that 92% of students enrolled at University of Miami are enrolled full-time.

The enrolled student population at University of Miami, both undergraduate and graduate, is 39.1% White, 22.5% Hispanic or Latino, 7.7% Black or African American, 5.69% Asian, 2.77% Two or More Races, 0.119% American Indian or Alaska Native, and 0.0717% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Miami in full-time Undergraduate programs are majority White Female (21.7%), followed by White Male (21.5%) and Hispanic or Latino Female (12%). Students enrolled in full-time Graduate programs are majority White Male (19%), followed by White Female (16.3%) and Hispanic or Latino Female (10.4%).

Full-Time vs Part-Time Enrollment

92%

Full-Time Enrollment

The total enrollment at University of Miami, both undergraduate and graduate, is 16,744 students. The full-time enrollment at University of Miami is 15,412 and the part-time enrollment is 1,332. This means that 92% of students enrolled at University of Miami are enrolled full-time compared with 78.1% 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%

2016 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

    6,540

  2. Hispanic or Latino

    3,764

  3. Black or African American

    1,289

The enrolled student population at University of Miami is 39.1% White, 22.5% Hispanic or Latino, 7.7% Black or African American, 5.69% Asian, 2.77% Two or More Races, 0.119% American Indian or Alaska Native, and 0.0717% 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 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 1,103 students (6.59%) did not report their race.

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Graduates

In 2016, 281 more women than men received degrees from University of Miami. The majority of degree recipients at University of Miami are white (2,054 degrees awarded). There were 1.68 times more white graduates than the next closest race/ethnicity group, hispanic or latino (1226 degrees).

The most common Bachelor's Degree concentration at University of Miami is General Finance (186 degrees awarded), followed by General Economics (184 degrees) and General Psychology (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 (455 degrees awarded), Biology (595 degrees), and Architecture and Related Services (54 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 & surgeons (408,958 people), Miscellaneous managers (378,473 people), Lawyers, & judges, magistrates, & other judicial workers (311,916 people), Postsecondary teachers (208,092 people), and Elementary & middle school teachers (200,355 people).

The most specialized majors at University of Miami are Legal (455 degrees awarded), Biology (595 degrees), Architecture and Related Services (54 degrees), Natural Resources & Conservation (75 degrees), and Social Sciences (477 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 Physicians & surgeons, Sales engineers, Sales representatives, wholesale & manufacturing, Securities, commodities, & financial services sales agents, and Aircraft pilots & flight engineers

The most specialized majors at University of Miami are Legal (455 degrees awarded), Biology (595 degrees), Architecture and Related Services (54 degrees), Natural Resources & Conservation (75 degrees), and Social Sciences (477 degrees).

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Common Industries by Major

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 Hospitals (550,314 people), Colleges, universities & professional schools, including junior colleges (431,013 people), Elementary & secondary schools (373,736 people), Legal services (261,233 people), and Architectural, engineering & related services (204,424 people).

The most specialized majors at University of Miami are Legal (455 degrees awarded), Biology (595 degrees), Architecture and Related Services (54 degrees), Natural Resources & Conservation (75 degrees), and Social Sciences (477 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. 186 degrees awarded

  2. 184 degrees awarded

  3. 181 degrees awarded

In 2016, the most common bachelors degree concentration at University of Miami was General Finance with 186 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. 2,481

  2. 2,762

In 2016, 2,481 degrees were awarded to men at University of Miami, which is 0.898 times less than the number of degrees awarded to females (2,762).

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 2016, 231 degrees were awarded to men at University of Miami in General Business Administration & Management, which is 1.53 times more than the 151 female recipients with that same degree.

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Most Common Female Majors

In 2016, 161 degrees were awarded to women at University of Miami in General Psychology, which is 3.83 times more than the 42 male recipients with that same degree.

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Time to Complete

68%

100% Completion Time

81%

150% Completion Time

In 2016, 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, 81% completed their degrees within 150% of the normal time, and 82% 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

    2,054 degrees awarded

  2. Hispanic or Latino

    1,226 degrees awarded

  3. Unknown

    362 degrees awarded

The most common race/ethnicity at University of Miami is white (2,054 degrees awarded). There were 1.68 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1226 degrees).

6.9% of degree recipients (362 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    1,028 degrees awarded

  2. White Female

    1,026 degrees awarded

  3. Hispanic or Latino Female

    661 degrees awarded

The most common race/ethnicity and gender grouping at University of Miami is white male (1,028 degrees awarded). There were 1 times more white male recipients than the next closest race/ethnicity group, white female (1,026 degrees).

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Operations

University of Miami has an endowment valued at nearly $887M, as of the end of the 2015 fiscal year. The return on its endowment was of $34.7M (3.91%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, University of Miami had a total expenditure of $2.68B. Of that $2.68B, they spent $1.25B on salaries and $2.68B on benefits.

University of Miami employs 332 Professors, 306 Lecturers, and 263 Associate professors. Most academics at University of Miami are Male Professors (260), 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 751 employees, Office and Administrative Support, with 621 employees, and Management with 592 employees.

Finances

Endowment

$887M

2015 Endowment

2.53%

growth from 2014

University of Miami has an endowment valued at about $887M, as of the end of the 2015 fiscal year. The endowment of University of Miami grew 2.53% from the previous year. The value of their endowment was $616M 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. $229M - Federal

  2. $27M - State

  3. $146M - Local

As of 2015, University of Miami received $229M in grants and contracts from the federal government, $27M from state grants and contracts, and $146M 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.

$1.25B

Salary Expenditure

$2.68B

Benefits Expenditure

In 2015, University of Miami had a total expenditure of $2.68B. Of that $2.68B, they spent $1.25B on salaries and $2.68B 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

$1.25B

2015 Salaries

5.44%

growth from 2014

In 2015, University of Miami paid a median of $1.25B in salaries, which represents 46.6% of their overall expenditure ($2.68B) and a 5.44% growth from the previous year. This is compared to a 4.97% growth from 2013 and a 0.677% decline from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$121M

Instructional Salaries

1,126

Number of Employees

In 2015, University of Miami paid a total of $121M to 1,126 employees working as instructors, which represents 9.67% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

332 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

751 Employees

In 2016, the most common positions for instructional staff at University of Miami were Professor with 332 employees; Lecturer with 306 employees; and Lecturer with 263 employees.

In 2016, the most common positions for non-instructional staff at University of Miami were Computer, Engineering, and Science with 751 employees; Office and Administrative Support with 621 employees; and Management with 592 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 2016, the most common demographic for instructional staff at University of Miami was Male Professor with 260 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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