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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Miami since 2011.
For that period, the average number of students who received grants aid/scholarships is 7,594, which is 68.45 % of all undergraduate students. 3,138 students which is 28.36% of undergraduate students received federal student loans and the average loan amount is $6,934.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-127,763 (74%)$23,9132,054 (20%)$4,3963,858 (37%)$7,535
2012-137,692 (73%)$25,0991,964 (19%)$4,4273,769 (36%)$7,594
2013-147,775 (68%)$25,4952,005 (18%)$4,4383,350 (29%)$7,390
2014-157,807 (70%)$25,0671,800 (16%)$4,5823,128 (28%)$7,699
2015-167,448 (67%)$23,1681,484 (13%)$4,6172,870 (26%)$11,535
2016-177,247 (67%)$28,5401,518 (14%)$4,6162,823 (26%)$5,781
2017-187,475 (69%)$31,4311,609 (15%)$4,5392,878 (27%)$5,573
2018-197,436 (67%)$33,3101,590 (14%)$4,7712,895 (26%)$5,332
2019-207,462 (66%)$34,8061,677 (15%)$4,8192,812 (25%)$6,020
2020-217,252 (64%)$33,2841,703 (15%)$4,9322,888 (25%)$5,985
2021-228,176 (68%)$37,8061,943 (16%)$5,1153,246 (27%)$5,826
Average7,594 (68.45%)$29,2651,759 (15.91%)$4,6593,138 (28.36%)$6,934

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 1,612 (73.45 % of students) received grants or scholarships and its average amount is $28,621. It can cover 47.76% of tuition & fees ($59,926).
In addition, 701 (31.91 % of students) students get helped from the students loans (average amount : $7,985).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,558 (73%)$26,434739 (35%)$7,399
2012-131,471 (74%)$26,499746 (38%)$7,355
2013-141,614 (76%)$26,587697 (33%)$8,039
2014-151,727 (84%)$26,256703 (34%)$8,635
2015-161,617 (79%)$22,921581 (28%)$8,552
2016-171,485 (73%)$20,647628 (31%)$6,977
2017-181,494 (68%)$21,766638 (29%)$7,127
2018-191,647 (70%)$33,931690 (29%)$7,909
2019-201,479 (68%)$37,452604 (28%)$8,841
2020-211,662 (71%)$35,012741 (32%)$8,573
2021-221,983 (72%)$37,322939 (34%)$8,432
Average1,612 (73.45%)$28,621701 (31.91%)$7,985
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 318 (14.36 % of students) received Pell (federal) grants and its average amount is $4,691.
In addition, 621 students received State/local government grants/scholarships (28.36 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12319 (15%)$4,390274 (13%)$1,201724 (34%)$5,1241,472 (69%)$24,283
2012-13349 (18%)$4,535288 (14%)$1,054745 (37%)$5,1631,399 (70%)$23,765
2013-14365 (17%)$4,397233 (11%)$1,493639 (30%)$5,2421,550 (73%)$24,264
2014-15318 (15%)$4,479217 (11%)$1,499663 (32%)$5,7361,684 (82%)$23,629
2015-16244 (12%)$4,507184 (9%)$2,019548 (27%)$4,9721,514 (74%)$21,709
2016-17272 (13%)$4,480198 (10%)$2,893588 (29%)$6,4111,177 (58%)$21,325
2017-18273 (12%)$4,649166 (8%)$2,873445 (20%)$6,3231,143 (52%)$24,461
2018-19295 (13%)$4,835248 (11%)$2,783569 (24%)$9,9391,564 (67%)$30,763
2019-20315 (14%)$4,795389 (18%)$2,031595 (27%)$9,6831,346 (62%)$35,163
2020-21330 (14%)$5,051281 (12%)$3,765704 (30%)$9,8941,482 (63%)$32,726
2021-22416 (15%)$5,485326 (12%)$2,952608 (22%)$9,0481,901 (69%)$34,332
Average318 (14.36%)$4,691255 (11.73%)$2,233621 (28.36%)$7,0491,476 (67.18%)$26,947
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 701 (31.91 % of students) get any students loan help and its average loan amount is $701.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12739 (35%)$7,399734 (34%)$5,58771 (3%)$19,252
2012-13746 (38%)$7,355745 (37%)$5,48868 (3%)$20,566
2013-14697 (33%)$8,039689 (33%)$5,55675 (4%)$23,663
2014-15703 (34%)$8,635695 (34%)$5,94987 (4%)$22,248
2015-16581 (28%)$8,552554 (27%)$5,65988 (4%)$20,838
2016-17628 (31%)$6,977613 (30%)$4,27187 (4%)$20,271
2017-18638 (29%)$7,127618 (28%)$4,17884 (4%)$23,399
2018-19690 (29%)$7,909670 (29%)$3,605117 (5%)$25,997
2019-20604 (28%)$8,841567 (26%)$3,544133 (6%)$25,041
2020-21741 (32%)$8,573705 (30%)$3,991126 (5%)$28,087
2021-22939 (34%)$8,432918 (33%)$4,204153 (6%)$26,522
Average701 (31.91%)$7,985683 (31.00%)$4,73099 (4.36%)$23,262

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