Inter-Term (May) and Summer Term Financial Aid Options for Undergraduate Students

Students who received SMU merit-based and/or need-based financial aid during the previous regular academic year (fall/spring terms) may receive a pro-rated award amount from each of these financial aid programs based solely on the number of hours enrolled.  The combined total of all merit and need based awards cannot exceed tuition and fees.

Students who entered SMU as a freshman may receive SMU merit-based and need-based aid for summer enrollment no more than twice. Transfer students are restricted to only one summer of eligibility.

There is no minimum hour requirement for SMU merit-based or need-based aid programs.   The SMU Summer Loan and all federal aid programs require a combined total of six (6) or more enrolled hours.

Per regulation, funds may be disbursed no sooner than ten (10) days prior to the first day of class.  All funds will be applied through the student account.

For detailed information regarding May and Summer term programs, go to