Applying for Aid - Prospective Students

This page explains the financial aid application process for prospective degree-seeking students and their families applying for the 2027-2028 academic year. The CSS Profile (for both custodial and noncustodial parents), the FAFSA (U.S. citizens and eligible noncitizens only), and and tax documents need to be submitted in order to maximize your eligibility for aid.

Remember, it starts with a yes! Applicants should answer "YES" to the question "Are you interested in need-based aid?" on the Common Application. You can confirm and update your financial aid interest status in the Applicant Portal at any time.

Financial Aid Deadlines by Admission Plan

Fall 2027 First-Year
Admission Plan FAFSA, CSS Profile, and Tax Return Deadline
Early Decision I November 15, 2026
Early Action November 15, 2026
Early Decision II January 5, 2027
Regular Decision January 5, 2027
Spring First-Year and Transfer
Admission Plan FAFSA, CSS Profile, and Tax Return Deadline
Spring First-Year November 1, 2026
Spring Transfer November 1, 2026
Fall Transfer April 15, 2027

Admission Plans and Deadlines

Financial Aid Checklist

The following items need to be submitted by the deadline to be considered for need-based aid. Students will receive an email from the College Board IDOC service with instructions on submitting tax documents after submitting the CSS Profile. 

1

CSS Profile

Complete your CSS Profile (custodial parent and noncustodial parent). All incoming first-year and transfer applicants must complete the CSS Profile to be considered for institutional need-based aid.

 

School Code
5815

Complete your CSS Profile

2

FAFSA

The Free Application for Federal Student Aid (FAFSA) opens on October 1. It determines your eligibility for federal and state grants and scholarships, as well as low-interest federal Direct Loans and work-study.

Only U.S. citizens and eligible noncitizens need to submit the FAFSA.

School Code
001536

Complete your FAFSA

3

Tax Returns & W2s*

Submit any employer W2s and a signed copy of all federal tax returns—including schedules, and forms (student, custodial parent, and noncustodial parent). 

If your parents are divorced or separated, both parents need to submit financial information. We calculate a separate contribution for each parent then add them together to determine the Estimated Family Contribution.

College Board
IDOC

IDOC service

4

Corporate/Business tax returns*

This is only needed if you or your parents filed an IRS 1065, 1120, or 1120S. Remember to also submit all schedule K-1 documents and any statements.

Use the Financial Aid Interactive Help tool below to see examples.

College Board
IDOC

IDOC service

*Tax returns must be submitted in English and converted to U.S. dollars prior to submitting. The effective date of the currency conversion should be the same as the date you signed the FAFSA (if applicable). Refer to the Financial Aid Interactive Help Tool below for specific instructions.

Financial Aid Interactive Help Tool

This tool helps determine which parent(s) should participate in a student's financial aid application(s) along with examples of what tax documents may need to be submitted through your College Board IDOC dashboard.

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Next Steps & Notification Timeline

Monitor Your Financial Aid Portal
After you have submitted your Common Application and gain access to the Applicant Portal, you can check the status of your financial aid and required document submission in your Financial Aid Net Partner Portal - the link to which is available in the Applicant Portal. Note that it can take up to two (2) weeks for your documents to be received and processed by our institution.

IMPORTANT: Be sure to pay close attention to deadlines and respond to any additional requests from the University of Miami within ten (10) business days.

Financial Aid Decisions
Provided you have met all deadlines and eligibility requirements, including prompt and accurate submission of any additional documentation that we request, you will receive notification regarding your financial aid package within ten (10) business days of receiving your admission decision.

Accepting Your Financial Aid
After you review your aid package with your family, you must accept/decline/reduce all or any portion of your financial aid and loan offers in your Net Partner Financial Aid Portal.

Always check with the Office of Student Financial Assistance and Employment when adding any awards from outside agencies to find out the full impact of such awards on your UM financial aid award. Don't assume that your original financial aid award will remain the same if new awards are added.

International Students

The University of Miami is need-aware for first-year and transfer international undergraduate degree-seeking applicants. This means that, for a portion of international applicants, the Admission Committee will consider that student's ability to pay tuition without the need for financial aid.

All prospective first-year and transfer international students who apply for admission to UM and are interested in being considered for financial aid must complete the CSS Profile by our stated deadlines.

Non-Traditional Students

U.S. citizens and eligible permanent residents enrolled in the Accelerated BSN or Bachelor of General Studies program must submit the Free Application for Federal Student Aid (FAFSA) to be considered for federal financial aid. The CSS Profile is not required for these programs.

Non-Traditional Students

Contact Information & Resources

Prospective and Newly Admitted Students
newstudentaid@miami.edu
305-284-6000

On-campus consultations are available in Canes Central on Monday, Tuesday, Wednesday, and Friday from 8:30 a.m. to 4:30 p.m. and on Thursday from 9:30 a.m. to 4:30 p.m.

Financial Aid 101
Join us for a virtual session to help you navigate the process. The session includes an opportunity for a live Q&A.

Financial Aid TV
Financial Aid TV provides educational video services about the financial aid process.

 

Additional Items of Interest

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