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Saturday, September 21, 2024

Cost of college went up for all students at Miami University-Hamilton

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In-state tuition and fees rose 13.7 percent for 2018-19 at Miami University-Hamilton, according to recent data from the U.S. Department of Education.

Ohio residents paid $5,880 to attend the four-year public institution this year – $707 more than the $5,173 charged for 2017-18.

Non-residents paid 180.1 percent more than residents this year, or $16,472. Their price tag grew 8.2 percent from $15,228 in 2017-18.

About 97 percent of the school's undergraduate population are Ohio residents. And about 3 percent are residents of other states.

Data shows 78 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 288 students received grants or scholarships totaling $1.2 million and 226 students took out student loans totaling more than $1.1 million.

Including all undergraduates (2,651), 1,224 students used grants or scholarships totaling $5 million, and 1,203 students took out $7.3 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~2,571$5,173$5,173$5,173$5,88013.7%
Out-of-state~80$14,737$15,031$15,228$16,47211.8%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Miami University-Hamilton in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants21343%$998,564$4,688
State / local grant or scholarship133%$3,253$250
Institutional grants or scholarships9319%$180,761$1,944
Grant or scholarship aid total28859%$1,182,578$4,106
Federal student loans22446%$1,080,732$4,825
Other student loans51%$29,943$5,989
Student loan aid22646%$1,110,675$4,914
Total student aid38578%--

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