President’s Scholarship Financial Benefits
Tuition and General Fees: The President’s Scholarship will cover tuition and fees for eight consecutive fall and spring academic semesters (plus one summer education abroad) or graduation, whichever comes first. The President’s Scholarship cannot be extended to a fifth year. General Fees do not include special fees that are included in some course work. The President’s Scholarship does not pay for books, computers, or parking. The President’s Scholarship does not cover expenses for May Term, Summer I, Summer II, August term, Jan-term, Alternative Spring Break, or special courses such as the Human Rights Pilgrimage (but see additional note below). The President’s Scholarship is increased as SMU tuition and fees are increased.
SMU-in-Taos Retreat: For first year President’s Scholars, the President’s Scholarship will pay for the round-trip airfare and campus room and board for the SMU-in-Taos retreat. For the sophomore, junior, and senior years, the Scholars are responsible for a modest payment ($100 in 2015) to cover a portion of the airfare. The President’s Scholarship will pay the rest of the airfare and room and board. Each Scholar is responsible for spending money and any medical necessities.
Education Abroad: The President’s Scholarship will cover tuition for one summer or interterm program plus one academic year program (either one semester or whole year depending on how the program is defined) through SMU. The President’s Scholarship covers one round-trip airfare for education abroad. The President’s Scholarship will not cover two separate academic semester programs or two summer or interterm study abroad programs. President’s Scholars are responsible for paying any deposits or commitment fees as well as room and board. Airline reservations must be done through Rachel Ball-Phillips, the President’s Scholars Senior Program Specialist.
SMU-in-Taos: If the President’s Scholar does not make use of the education abroad option, a June session at the SMU-in-Taos campus may be substituted. For this SMU-in-Taos June term, the President’s Scholarship will cover tuition and fees, but the Scholar is responsible for room and board, spending money, insurance, and transportation. Support for this SMU-in-Taos in June option will preclude support for any education abroad program.
Other financial benefits:
The Campus Community Award, separate from the President’s Scholarship, pays for room and board on campus under certain conditions, including the requirement of active engagement in the life of the community.
“Room” is defined as any Residential Commons/double occupancy only on campus, the Daniel House, Multicultural House, or the Service House. The Campus Community Award does not pay for Greek Housing, SMU apartments, single rooms, or any off-campus living.
“Board” is defined as SMU Meal Plans: All Access 7 Plan, plus $200 Flex; or Block 150 plus $500 Flex. Freshmen and sophomores are required to choose All Access 7, plus $200 Flex only; juniors and seniors can choose one of the two plans listed above; seniors also have the option to choose Senior Block 50 plus $500 Flex.
Summer Courses at the SMU-in-Taos and SMU Dallas campuses, and during Jan-term at the Dallas and SMU- in-Taos campuses: The President’s Scholarship does not cover summer courses on SMU campuses or courses during Jan-term. The Office of Financial Aid can provide some scholarship support under certain conditions.
If you are planning on attending summer school, you will be required to complete a summer application and enroll in and complete six hours to be eligible for institutional aid. Please see your financial aid advisor to review your summer aid eligibility.
For Jan-term courses on the Dallas campus, a student must take 3 hours and can receive some scholarship support for tuition costs for Jan-term courses. It is essential to see the advisor in the financial aid office for details and application forms and procedures.
In addition, for Jan-term courses at the SMU-in-Taos campus (as well as summer courses on that campus), President’s Scholars can seek financial aid (scholarships) through the SMU-in-Taos office in the Blanton Building, room 338. Room and board can be awarded by applying for a Resident Assistant’s position. Students must meet all deadlines for scholarships for tuition and fees and positions as residence assistants.
For Jan-Term Study Abroad Programs, President’s Scholars can receive tuition for the 3 hour program, along with one round trip airfare, if that student has not already studied abroad in the summer.
The student is responsible for the deposit and should be paid by the deposit deadline. The Campus Community Award does not apply for any study abroad.