Applying for financial aid
General Eligibility Criteria
All of the following criteria must be met:
- be accepted to the University of Miami and enroll in an eligible degree program
- be a U.S. citizen or an eligible non-citizen
- register with the Selective Service system if you are a male between the ages of 18 and 24
- make satisfactory progress toward a degree or completion of a recognized certificate program
- not owe repayment on a Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), or a state grant at any institution
- not be in default/delinquent on any Perkins Loan, Federal Direct Subsidized or Unsubsidized Loan, or PLUS Loan at any institution
- not have borrow in excess of the limits for the Perkins or Federal Direct Subsidized or Unsubsidized Loan programs
- not have been convicted as an adult of possessing or selling illegal drugs
Want more information about online programs at the University of Miami?
Request Informationor call 888.991.3691
Veterans Programs
Veterans programs are part of benefits offered to veterans of the U.S. armed forces that allow our servicemen to achieve their higher education goals. The Office of Veteran's Affairs oversees all veteran's programs including the Yellow Ribbon Grant program. For information about the Yellow Ribbon Grant, please contact an advisor at 800-411-2290.
Private Educational Loans
Although privately funded and managed, private educational loans are considered financial aid because cost of attendance and enrollment are certified by the school to the lender, and the loans must be considered as a resource in determining the eligibility for other aid.
Carefully consider all your options and review terms and conditions before applying. Borrow only what is necessary to pay for your educational expenses, and be sure to first apply for all federal (including gederal loans), state and institutional aid that you may qualify for through the FAFSA.
The Rowe Fund grants highly subsidized loans to qualified undergraduate and graduate students who are citizens from Latin America and Caribbean countries to help them finance their higher education or research at accredited institutions in the United States.
These loans are granted on the understanding that recipients agree to repay the loan in full and return to their home countries to apply their knowledge and training, as well as continue to promote cultural exchange and development in the region. For more information, visit www.oas.org.
Lending Principles Student Loan Code of Conduct
The University of Miami recognizes that ensuring the integrity of the student financial aid process is critical to providing fair and affordable access to higher education. The Student Loan Code of Conduct is designed to avoid any potential conflict of interest between the University and its students with respect to its interaction with student loan providers, services and guarantee agencies. The Code is found in the Universities General Business Policies, accessible here.
Monthly Payment Plan (MPP)
The Monthly Payment Plan (MPP) is a pay-as-you-go budgeting plan to divide your educational expenses into 4 convenient monthly payments per semester. For the summer semester, only a 3 payment plan option is available to our UOnline students. Click here for additional details regarding the plan.
- Billed in equal monthly payments
- Visit "Enroll in Payment Plan" on CaneLink to register
- Minimum balance of at least $1,000 required to participate
- All payments due on the 1st of each month
- Additional financial aid received after enrollment will be automatically credited to the payment plan
- You must have accepted the loans on CaneLink
- The master promissory note and Entrance Counseling must be received by www.studentloans.gov
Why a Master's Degree from UOnline?
Top-ranked national university 9 years in a row, U.S. News & World Report, 2017.
Our flexible programs are designed with the working professional in mind.
You will be taught by and have access to world-class business faculty.
You can join a global community of more than 180,000 alumni.
WHAT DOES ONLINE LEARNING THE UM WAY MEAN?
it means
quality
Enroll in the same courses and programs designed by the same faculty as on campus.
it means
flexibility
Pick the degree programs or certificates that suit you and learn on your schedule.
it means
convenience
Learn from the comfort of your own home, office, or location of your choice.
it means
access
Get a direct line to UM's world-class faculty, students, and alumni from around the world.