I'm trying to understand my financial commitment for the University of Miami but I'm a bit lost. I found some info online, but it's quite confusing. Could anyone help me understand the in-state and out-of-state tuition costs?
Sure, happy to clarify! For private institutions like the University of Miami, there is no distinction between in-state and out-of-state tuition costs. This is a concept more applicable to public universities, which often have lower costs for residents of the same state.
As of the 2024-2025 academic year, the total estimated cost of attendance at University of Miami is approximately $93,900. This includes tuition, fees, room, and board. Keep in mind that this is just the sticker price, and many students receive financial aid which can significantly reduce this cost.
If you'd like to get a better idea of what you might pay, I would recommend using the net price calculator on the University of Miami's financial aid website (https://npc.collegeboard.org/app/miami). This tool takes into consideration your family's financial situation to estimate your potential financial aid and out-of-pocket expenses. It's a useful way to gauge what your financial commitment might look like.
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