by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Uncover the various financial aid options provided by Miami University - Oxford and determine which ones you may be eligible for by continuing your exploration.
$9,460.00 is the typical Miami University - Oxford’s first year financial aid package. Financial aid is provided to about 90% of first-year students, with the bulk of support coming in the form of grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Miami University - Oxford.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by Miami University - Oxford.
77% of new students (3313 total) were offered scholarships at Miami University - Oxford, averaging $12,731.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 31% of freshmen (1350 total) obtained a federal grant, for about $3,395.00 a piece.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 4.06% | $19,849.00 |
| Income 30k-48k | 2.86% | $17,743.00 |
| Income 48k-75k | 4.02% | $10,292.00 |
| Income 75k-110k | 4.83% | $7,101.00 |
| Income 110k + | 14.84% | $5,857.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
3528 Miami University - Oxford undergrads obtain grant aid (this is about 90% of the entire undergraduate student population). The average amount these students receive is $9,460.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.