High School Counselors

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Value Matters

Costs and Finances
We have one of the nation’s most extensive and generous financial assistance programs. Applying for admission to UM automatically places students in consideration for scholarships. To be considered for need-based financial aid, students must submit the Free Application for Federal Student Aid (FAFSA) online. State of Florida residents have additional financial oportunities to help pay for a private university education like UM, including the Florida Resident Access Grant (FRAG), the Florida Student Assistance Grant, Florida Bright Futures Scholarhips and tuition savings plans like the Florida Prepaid College Plan. We also offer the Monthly Payment Plan, a pay-as-you-go budgeting plan. And the University of Miami Tuition Stabilization Plan for full-time students who are not receiving financial aid allows prepayment of up to four years of tuition at the current rate.

Scholarships
Every student who applies for admission to the University is automatically considered for academic scholarships; there is no separate scholarship application form or process. Approximately 50 percent of entering freshman earn an academic scholarship from UM each year. UM academic scholarships reflect any increases in tuition costs while students are enrolled; if they receive a half-tuition award, that award will always equal half the tuition charges each year, even if tuition prices increase.

Office of Financial Assistance Services
OFAS is here to help students receive financial assistance. Its office is located in the Rhodes House Building 37. OFAS' services include:

  • Administrative Services for anyone who has questions or problems related to their financial aid package
  • Advising Center
  • Employment Opportunities
  • Payment Plans
  • Student Consumer Information
  • Study Abroad

Office of Student Accounts Services
OSAS provides a number of services to students that include but are not limited to registration services, account and billing inquiries, cashier services, loan disbursements, refunds, account clearances and payment plans.