Graduate Program Financial Information

Enrollment Fee
The enrollment fee of $2,200 is required in order to save an admitted applicant’s seat in the respective program of acceptance. The fee supports graduate student services and is not applied toward tuition. It is non-refundable and non-transferable.

Indirect Costs
Beyond the direct program costs listed above, it is recommended to also review the indirect costs on the Graduate Professional Financial Assistance webpage to view the estimates per semester and/or academic year for other living expenses. 

Student Health Insurance
Full-time graduate students are required to have health insurance while enrolled with the University of Miami. All international students must enroll in the University-sponsored health insurance program. Domestic students will automatically be enrolled in the University-sponsored health insurance unless a waiver request with proof of alternative coverage is submitted by the indicated deadline. For more details on the University-Sponsored Health Insurance and the annual insurance rate, please visit the University of Miami Student Health Services website.


Understanding how to pay for your education now can help you build the foundation for a better financial future. Here are three simple steps to consider when financing your degree:

  1. Plan Early: Be sure to meet application deadlines. Start saving before you get to graduate school. Consider funding or using education savings (529) plans.
  2. Fill out the FAFSA application: Financial Aid is available to residents and US citizens, helping reduce expense outlays, by offering eligible applicants grants and/or repayable loans. It’s never too early to explore Federal aid.  When doing so, make sure you consider eligibility requirements, loan application deadlines and other implications, such as repayment conditions.
  3. Research external scholarship opportunities: In planning for the Accelerated MBA, students typically look to various funding sources such as external scholarships and grants, private loans and personal savings.

International students are not eligible to receive federal financial aid, which includes Stafford and Perkins loans. However, international students may qualify for private loans if they have a U.S. co-signer. 

You're not alone in this process. The UM student financial services team is here to help and is dedicated to helping our students afford their graduate education. Below are helpful links as you navigate the financing of your degree:

The University of Miami is a proud participant of the Yellow Ribbon GI Education Enhancement Program. Visit the UM Office of Veterans Affairs for more information.

Tuition and Fees for Miami Herbert Graduate Programs

The University of Miami’s current cost per graduate study credit is $2,310*. Tuition and fees will vary by program and the number of courses required. To easily find and compare programs, please use our Graduate Program Finder tool.

*Academic Year 2022-2023