SMU as well as various other educational financing partners offer you several loan options featuring low interest rates and long-term payments. It is important to remember that all loans must be repaid.

SMU knows you may need financial assistance to complete your education. You and your parents must make informed decisions about borrowing money. This guide will provide information about the Federal Stafford, Federal Parent PLUS and the Federal Graduate PLUS loan programs along with additional information for borrowing from a private or alternative educational loan source and post graduation consolidation. Loan details and applications are included.

SMU encourages students to maximize your borrowing by using all federal loan options before borrowing from private/alternative loan sources.

Southern Methodist University uses an extensive survey to collect qualified data yearly from lenders that determines their inclusion on SMU’s lender lists. Each lender is rated based on customer service to the students and SMU along with students’ repayment and borrower benefits, lender default rates, electronic loan processing, and variety of loan products. All SMU lender lists include comparative information with regard to interest rates and eligibility for borrower benefits including links to lenders web pages for further investigation.
 
The survey results and ratings are available for review at any time in the Associate Director of Enrollment Services-Loans and Grants office. Please call 214-768-2397 or email enrol_serv@smu.edu to contact this financial aid staff member.

SMU encourages all students to investigate a lender before making a choice to borrow from them. An SMU student is never required to use only the lenders on our lender lists. SMU will certify a loan with any lender of your choice. SMU does not accept any financial benefits from lenders.