Making sense of the dollars
Figuring out how to pay for college can be a little overwhelming, but paying for your future can be more affordable than you think. SMU students represent a range of economic backgrounds.

Don't know if you are eligible for a merit scholarship? Don't think you qualify for financial aid? You may be surprised. More than 70 percent of SMU undergraduates receive some sort of assistance in the form of merit- or need-based award packages. That's why it's important to file the appropriate forms and meet with one of our financial aid advisers to map out your future.

You may be eligible to receive some combination of merit-based scholarships, need-based grants, part-time jobs, and/or low-interest loans. We give assistance to those who otherwise could not afford college, and we also help others who could benefit from and contribute to the SMU community with some financial support. (That could be you.)

First-year students should apply by January 15 for priority consideration for merit and leadership scholarships.

Transfer students should apply by April 1 (Fall entry) or November 1 (Spring entry) to be considered for merit scholarships.

If you excel in academics and leadership, there are opportunities for merit scholarships. If you meet the federal criteria for need-based financial aid, there are a variety of grants, low-interest loans, scholarships, and part-time work opportunities. For your convenience SMU offers a payment plan. For more information, visit Financial Options.

Click here for transfer scholarship information.