Financial Aid

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Scholarships & Financial Aid

Big payoff

Take big steps toward a better tomorrow. With the academic resources of a nationally ranked university that attracts high-achieving students who want solid preparation for life after college, a top-tier education at SMU is a smart investment. SMU creates value through career preparation and the flexibility to pursue multiple areas of study that match your interests and strengths. We work hard to fit this valuable education into your family’s budget. Our financial aid advisors partner with you to explore scholarships, grants, loans and payment plans. That way, you can focus on what’s most important: studying what you love and preparing to leverage your skills and education for a rewarding career.

74%

2015 graduates employed upon graduation or pursuing a graduate degree

3 out of 4

students receive scholarships and/or financial aid

$92 million+

SMU scholarships and grants awarded last year

$26,887

average size of scholarship and need-based financial package

Rewarding outstanding academic achievement

SMU also offers a range of academic scholarships that reward demonstrated academic performance. Many even can be combined. Students who apply for admission by January 15 are automatically considered for SMU’s scholarships.

SMU’s most distinguished awards

  • President’s Scholars
  • Nancy Ann and Ray L. Hunt Leadership Scholars (separate essay required)
  • Academic achievement scholarships
  • Academic school and departmental scholarships
  • National Merit Scholarships
  • International Baccalaureate Scholars

Learn more at smu.edu/academicscholarships.

Providing need-based assistance

Your financial situation is unique, which is why we offer a variety of options to meet your needs. These include SMU-funded opportunity grants as well as state and federal sources of financial assistance, depending on financial need and residency.

How to apply
Simply submit two forms by February 15.

1. The Free Application for Federal Student Aid (FAFSA)
for federal and state aid
U.S. and dual citizens and permanent residents seeking eligibility for federal and state sources of aid must submit the FAFSA each year.
Visit fafsa.ed.gov to file the FAFSA. Use SMU school code 003613.

2. The CSS/Financial Aid PROFILE®
for institutional aid
For SMU opportunity grants, you must submit a CSS/PROFILE financial application each year. This will give our financial aid advisors more information to further assess your financial need. There is a $25 cost for completing the CSS/PROFILE.
Visit student.collegeboard.org/profile to file the CSS/PROFILE. Use SMU school code 6660.

After you’ve been awarded any academic scholarships, your SMU financial aid advisor will review your FAFSA and CSS/PROFILE to put together a package of federal, state and SMU-funded awards, including grants, loans and work-study options, to meet your specific situation. Remember, you won’t know what your financial options are until you apply for admission.