Scholarships and financial aid

Costs & Estimates

2015-16 Estimated Costs

Tuition & Fees $48,190
Housing  $10,120
Dining $5,530
Books (estimate) $1,000
ANNUAL TOTAL $64,840

Available Undergraduate Scholarships and Grants

Federal $4,326,797
State $3,348,046
SMU Need $25,224,940
SMU Academic-based $61,260,786
Athletic $13,770,502
Other $3,061,368
TOTAL $110,992,439

2014-15 First-year Financial Aid Packages

Type of Aid Average Package Package Ranges % of Students
Scholarships and Grants $26,774 $500-$70,383 70%
Student Need-based Loans  $3,685 $211-$9,000 21%
Student Employment $3,695 $284-$4,000 19%

Financial Aid Package RangeRange of Financial Packages

 
$1 – $10,000
9%
 
$10,000 – $15,000
14%
 
$15,001 – $20,000
11%
 
More than $20,000
66%