Financial Aid

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Scholarships & Financial Aid

Big payoff

Take big steps toward a better tomorrow. With the academic resources of a nationally ranked university that attracts high-achieving students who want solid preparation for life after college, a top-tier education at SMU is a smart investment. SMU creates value through career preparation and the flexibility to pursue multiple areas of study that match your interests and strengths. We work hard to fit this valuable education into your family’s budget. Our financial aid advisors partner with you to explore scholarships, grants, loans and payment plans. That way, you can focus on what’s most important: studying what you love and preparing to leverage your skills and education for a rewarding career.

  • The Early Decision II and Regular Decision application deadline for first-year students is January 15. Apply now for priority consideration for scholarships.
  • Transfer students should apply by April 1 (Fall entry) or November 1 (Spring entry) to be considered for academic scholarships

Nearly 70%

2016 graduates employed before graduation or pursuing a graduate degree

3 out of 4

students receive scholarships and/or financial aid

$125 million+

SMU scholarships and grants awarded last year


average size of scholarship and need-based financial package

Rewarding outstanding academic achievement

SMU also offers a range of academic scholarships that reward demonstrated academic performance. Many even can be combined. Students who apply for admission by January 15 are automatically considered for SMU’s scholarships.

SMU’s most distinguished awards

  • President’s Scholars
  • Nancy Ann and Ray L. Hunt Leadership Scholars (separate essay required)
  • Academic achievement scholarships
  • Academic school and departmental scholarships
  • National Merit Scholarships
  • International Baccalaureate Scholars

Learn more at

Providing need-based assistance

Your financial situation is unique, which is why we offer a variety of options to meet your needs. These include SMU Opportunity Awards as well as state and federal sources of financial assistance, depending on financial need and residency.

How to apply
Simply submit two forms by your chosen application deadline: November 1 for Early Decision I and Early action or January 15 for Early Decision II or Regular Decision.These are priority deadlines. Both forms will be available October 1.
1. The Free Application for Federal Student Aid (FAFSA)
for federal and state aid
U.S. and dual citizens and permanent residents seeking eligibility for federal and state sources of aid must submit the FAFSA each year.
Visit to file the FAFSA. Use SMU school code 003613.

2. The CSS Profile™
for institutional aid
For SMU Opportunity Awards, you must submit a CSS Profile™financial application each year. This will give our financial aid advisors more information to further assess your financial need. There is a $25 cost for completing the CSS Profile™.
Visit to file the CSS Profile™. Use SMU school code 6660.

After you’ve been awarded any academic scholarships, your SMU financial aid advisor will review your FAFSA and CSS/PROFILE to put together a package of federal, state and SMU-funded awards, including grants, loans and work-study options, to meet your specific situation. Remember, you won’t know what your financial options are until you apply for admission.