I want to apply ED2, but I am unsure if I will receive enough financial aid. If they take Florida Prepaid I might be able to do ED2. Does anyone here know how Florida Prepaid works at Miami? How much does it cover?
You will have to double check with UM financial aid office but in my understanding the Florida Prepaid program will only cover tuition at a FL public (not private) university.
However the amount is not lost–the prepaid program will pay that amount to another university. The amount would be between 4-5K/year.
But UM tuition (private) is about 52K leaving you with about 45K a year in tuition at Miami.
It will pay only around $3500 per year unfortunately. Florida Prepaid takes the average tuition rate for all public universities (not just UF, FSU, etc) and that’s how it determines what to pay to a private institution. It is best to check with UM or call Fl pre-paid to confirm. The amount changes every year. If you have Bright Futures you can use that as well for tuition.
@gouf78 hi just read your post you will get approximately $6500 back a year from FPP, they will send it to Miami. You should get Bright Futures, check with your guidance counselor