Scholarships and financial aid

Costs & Estimates

2014-15 Estimated Costs

Tuition $40,770
Fees $5,170
Room and Board $14,646
ANNUAL TOTAL $60,586

Financial Aid Available to SMU Undergraduates

Federal $4,746,006
State $4,273,632
SMU Need $25,050,746
SMU Merit $49,840,372
Athletic $12,043,586
Other $2,955,256
TOTAL $98,909,598

2011-12 First-year Financial Aid Packages

Type of Aid Average Package Package Ranges % of Students
Scholarships and Grants $23,086 $278-$52,645 75%
Loans $6,722 $441-$18,000 31%
Student Employment $3,705 $355-$4,000 28%

Financial Aid Package RangeRange of Financial Packages

 
Less than $5,000
3%
 
$5,000 – $10,000
9%
 
$10,001 – $15,000
18%
 
$15,001 – $20,000
10%
 
$20,001 – $25,000
7%
 
More than $25,000
53%