Miami University: Financial Aid For International Students?

does university of miami give financial aid to international students

The University of Miami offers financial aid to international students in the form of merit and need-based aid. The university is need-aware, meaning that for some international applicants, the admission committee will consider the student's ability to pay tuition without financial aid. However, UM is committed to meeting the full demonstrated financial need of all admitted first-year, degree-seeking undergraduate international students, regardless of citizenship. All prospective first-year and transfer international students who apply for admission and are interested in financial aid must complete the CSS Profile and submit an International Financial Certification Form by the stated deadlines. Additionally, international students at the University of Miami are eligible for scholarships such as the International Education Scholarship, the University Merit Scholarship, and the #YouAreWelcomeHere Scholarship.

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International students are eligible for merit-based scholarships

The University of Miami offers financial aid to international students in the form of merit-based scholarships. All students who apply to the University of Miami are automatically considered for merit scholarships, regardless of their citizenship status.

In addition to these scholarships, international students at the University of Miami can also apply for the #YouAreWelcomeHere Scholarship, which recognizes promising international students who promote intercultural understanding. Two annual, renewable scholarships are awarded, covering at least 50% of tuition costs.

It is important to note that the University of Miami is need-aware for first-year and transfer international undergraduate applicants. This means that the Admission Committee considers the financial situation of a portion of applicants and their ability to pay tuition without financial aid. However, the university is committed to meeting the full demonstrated financial need of all admitted first-year international students.

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Need-based financial aid is available for international students

The University of Miami offers need-based financial aid to international students. The university is need-aware, meaning that for a portion of applicants, the Admission Committee will consider the student's ability to cover the cost of attendance without financial aid. However, UM is committed to meeting the full demonstrated financial need of all admitted students, including international students.

To be considered for need-based financial aid, international students must submit the CSS Profile by the stated deadlines. The CSS Profile is used to determine a student's financial need based on their family's financial situation. Additionally, all prospective first-year and transfer international students applying for admission to UM must submit an International Financial Certification Form, which can be accessed via the applicant portal after submitting their application.

It is important to note that international students are not eligible for federal student aid from the U.S. Department of Education, as it is typically reserved for U.S. citizens or permanent residents. However, private loans are available to international students, although they may require a creditworthy cosigner who is typically a U.S. citizen or permanent resident.

The University of Miami met 93% of its students' financial aid needs in 2022. The average need-based scholarship or grant awarded to first-year students was $47,156, and 45% of first-year students received need-based financial aid.

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International students must submit the CSS Profile for financial aid

International students applying for need-based financial aid at the University of Miami must submit the CSS Profile by the stated deadlines. The CSS Profile is a key component of the financial aid application process and is used to assess a student's financial need. It is important to note that international students are also required to submit an International Financial Certification Form, which can be accessed via the applicant portal after submitting their application.

The University of Miami offers both merit and need-based aid to international students. The university is committed to meeting the full demonstrated financial need of all admitted students, regardless of citizenship. However, it is need-aware, which means that for a portion of international applicants, the Admission Committee will consider the student's ability to pay tuition without financial aid.

The CSS Profile is used by colleges and universities in the United States to determine a student's eligibility for non-federal financial aid. It collects information about a student's financial situation, including income, assets, and benefits, to calculate the expected family contribution (EFC). This information helps the university determine the amount of financial aid a student may receive.

When completing the CSS Profile, international students will need to provide detailed financial information, including income and asset information for both the student and their parents. This information helps the university understand the student's financial situation and determine the level of financial support they may require.

In addition to the CSS Profile, international students may also be required to submit additional documentation, such as tax returns or other financial statements, to support their application for financial aid. It is important for students to carefully review the requirements and submit all necessary documents by the specified deadlines.

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International students can apply for private loans

The University of Miami accepts private loans from any private lender. Students can search online for a listing of campus jobs, as student employment is available on campus. University employers do their own hiring, and students are responsible for finding a job.

International students who are admitted first-year degree-seekers at the University of Miami and are interested in being considered for financial aid must complete the following by the stated deadlines:

  • Complete the CSS Profile (Custodial and Noncustodial Parents).
  • Submit an International Financial Certification Form.

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International students are considered for scholarships at the time of admission

All students who apply to the University of Miami are automatically considered for merit scholarships, regardless of their citizenship status. The university's merit scholarships include the International Education Scholarship and the University Merit Scholarship. The International Education Scholarship provides renewable awards ranging from $1,000 to $8,000 per year, based on academic records, test scores, and other factors. The University Merit Scholarship is for international students with equivalent US grade point averages of 3.50 or higher.

In addition to merit-based aid, the University of Miami also provides need-based financial aid to international students. To be considered for need-based aid, international students must submit the CSS Profile by the stated deadlines. The university is committed to meeting the full demonstrated financial need of all admitted students, including international students.

It is important to note that the University of Miami is need-aware for first-year and transfer international undergraduate applicants. This means that the Admission Committee will consider the financial resources of a portion of international applicants when reviewing their applications.

Frequently asked questions

Yes, the University of Miami offers both merit and need-based financial aid to international students.

The average need-based scholarship or grant awarded to first-year students at the University of Miami was $47,156. The average non-need-based scholarship or grant awarded to first-year students was $24,895.

To apply for financial aid as an international student at the University of Miami, you must submit the CSS Profile by the stated deadlines and complete the FAFSA. Additionally, all prospective first-year and transfer international students must submit an International Financial Certification Form.

International students at the University of Miami can also apply for private loans, although these usually require a creditworthy cosigner who is a US citizen or permanent resident. There are also various scholarship opportunities available, including the International Education Scholarship, University Merit Scholarship, and #YouAreWelcomeHere Scholarship.

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