Financial Aid 101 2013-2014 - Miami University

SCHOLARSHIP
Awards
General scholarships
Total Cost to Attend Miami 2013-2014
New first-year students who are admitted to Miami University
are considered for general scholarships we award to
incoming students; no separate application is required. Award
determinations will be based on the official testing and high
school transcript information received by Miami University as
of March 1. For scholarship information, see MiamiOH.edu/
scholarships. Merit scholarships are only available to new,
first year-students entering in the fall semester. Students
admitted spring semester are not eligible for the Merit
scholarship.
Room & Board
$10,900
Costs not
covered by
Miami Access
Initiative
Tuition & Academic Fees
$13,600
Costs covered
by Miami
Access
Initiative
In October of each year, all students receiving a donor
scholarship funded by Miami alumni or friends of the
University are required to write a brief thank you note. The
Office of Student Financial Assistance will send you an email
in October telling you exactly where to find donor contact
information, address, and a brief biography. Because we
feel strongly that a thank you note is vital to the continued
success of Miami’s scholarship programs, failure to complete
the note may result in loss of eligibility for the fund(s) for
your subsequent years of enrollment.
Miami Access Initiative (MAI)
First-time freshmen from Ohio whose family income is less
than $35,000 will undergo an academic review. Only those
who are academically competitive are selected. Families must
complete the FAFSA by Miami’s priority deadline and submit
supporting tax and financial information as requested.
Miami adds together an Access Scholar’s federal and state
grant funds with University grant and/or scholarship funds
to meet the cost of tuition and academic fees. Total family
income includes the parent(s) with whom the student resides,
the stepparent residing in the household, and the student.
The costs for room, board, books, travel, non-course related
fees, and personal expenses are not included. There is no
separate application for the Miami Access Initiative. To be
considered, students must either be admitted to the Oxford
campus as a first-time freshman or be a dependent student
approved for relocation from either the Middletown or
Hamilton campuses. The Summer Orientation fee is waived
for an MAI student and one family member; however this
waiver does not apply if staying at Heritage Commons.
of less than $35,000, and maintain Satisfactory Academic
Progress. In addition, the Miami scholarships have a GPA
requirement, which are outlined in the student’s Scholarship
Award Notification.
Grants
Federal Grants: Pell, TEACH, SEOG
Federal Pell Grant - A federal grant awarded to
undergraduate students with a high amount of financial
need. For the 2014-2015 academic year, the EFC must
be below 5157 and the award range is $587 to $5,730 for
students enrolled full-time. Grant amounts are pro-rated
based on the number of credit hours the student is enrolled
and are reduced if the student is enrolled less than full-time.
Maximum number of semesters of eligibility is 12 full-time
semesters.
Federal Supplemental Educational Opportunity Grant
(SEOG) - A federal grant awarded to undergraduate students
enrolled full or part-time with exceptional financial need.
Students must be Federal Pell Grant recipients and file their
FAFSA by Miami’s priority deadline.
To remain eligible for up to four years, students must
maintain full-time enrollment at the Oxford campus for every
semester, continue to file the FAFSA each year by Miami’s
priority deadline, continue to have a total family income
{
66%
}
Freshman entering for the fall
of 2013 who were offered a
scholarship or grant.
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