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 with 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 (additional note below). The President’s Scholarship is increased as SMU tuition and fees are increased.