Financial Aid and Loans

Whether you will be returning to school full-time or balancing studies with your career, we understand that your time and financial commitment is significant and we are here to support you on your journey.

Loan Types

The University of Miami’s Office of Student Financial Assistance is dedicated to helping our students afford their graduate education with financial aid options. After careful review, each aid application will receive an award package tailored to the student’s financial need.

Federal Loans

For information related to federal loans such as the Perkins Loan, Unsubsidized Direct Loans and Graduate PLUS Loans, click here. To determine your eligibility, you must complete a Free Application for Federal Student Aid (FAFSA).

Private Loans

You can perform a web search to help you find a private education loan lender. Carefully, consider all your options and review terms and conditions before applying. Borrow only what is necessary to pay for your educational expenses (tuition, fees, supplies, room, board), and be sure to first apply for all federal (including federal loans), state, and institutional aid that you may qualify for through the FAFSA.

International Student Loans

Those that are not citizens or permanent residents of the United States may explore international student loan options, particularly if you have a U.S. citizen or permanent resident that can co-sign with you. There are also a few lenders that do not require a U.S. cosigner for approval but the loan terms may be less preferable. International applicants should research options and compare which resources offer the best terms.

For detailed information about sources of financial assistance, including loans, please visit the UM’s Office of Student Financial Assistance website.