Scholarships and financial aid

Costs & Estimates

2013-14 Estimated Costs

Tuition $38,870
Fees $4,930
Average Room and Board $13,955
ANNUAL TOTAL $57,755

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%