Southern Methodist UniversityTuition, Costs, & Financial Aid Information

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Overview
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Admissions
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Financials
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Academic
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Campus Life
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Students
In-state
Out-of-state
Cost of Attendance :
$86,350

Prepayment Plan Available

Installment Plan Available

Tuition & Fees :
$64,460
Room & Board :
$18,450
Books & Supplies :
$840
Other Expenses :
$2,600
Scholarship Finder
Applying For Financial Aid
Applying For Financial Aid
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Email
enrol_serv@mail.smu.edu
Website
Financial Aid Website
Net Price Calculator
Tap Here
Application Process
Application Deadline
January 15
Award Notification
On a rolling basis beginning December 15
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Federal and Institutional Methodologies
Forms RequiredCost
FAFSA Code is 003613Free
CSS/Financial Aid Profile$25 for first college, $16 each additional
Noncustodial (Divorced/Separated) Parent's StatementFree
Profile of 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
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Freshman
Financial Aid Applicants
886 (55.7%) of freshmen
Found to Have Financial Need
536 (60.5%) of applicants
Received Financial Aid
535 (99.8%) of applicants with financial need
Need Fully Met
250 (46.7%) of aid recipients
Average Percent of Need Met
89%
Average Award
$55,763
Need-Based Gift
Received by 523 (97.8%) of aid recipients, average amount $48,406
Need-Based Self-Help
Received by 390 (72.9%) of aid recipients, average amount $4,949
Merit-Based Gift
Received by 130 (24.3%) of aid recipients
529 (33.2%) of freshmen had no financial need and received merit aid, average amount $23,496
All Undergraduates
Financial Aid Applicants
2,861 (41.2%) of undergraduates
Found to Have Financial Need
2,127 (74.3%) of applicants
Received Financial Aid
2,108 (99.1%) of applicants with financial need
Need Fully Met
836 (39.7%) of aid recipients
Average Percent of Need Met
85%
Average Award
$51,592
Need-Based Gift
Received by 2,041 (96.8%) of aid recipients, average amount $44,347
Need-Based Self-Help
Received by 1,610 (76.4%) of aid recipients, average amount $5,920
Merit-Based Gift
Received by 450 (21.3%) of aid recipients
2,608(37.5%)of undergraduates had no financial need and received merit aid,average amount $29,798
All Undergraduates
2024 Graduates Who Took Out Loans
27%
Average Indebtedness of 2024 Graduates
$38,339
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
State Loans
Available
Other Loans
College/University Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Not reported
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
Not reported
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2025 Peterson's LLC. All rights reserved.