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 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.

Education Abroad: The President’s Scholarship will cover tuition for one SMU-approved summer or interterm program plus one SMU-approved academic year program (either one semester or one year depending on the program) through SMU. The President’s Scholarship covers round-trip airfare for one education abroad experience. 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 booked through Dr. Lindsay Davis, Assistant Dean for Scholars Programs.

SMU-in-Taos: If the President’s Scholar does not make use of the education abroad option, an intersession 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 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 community life.

“Room” is defined as any Residential Commons/double occupancy only on campus, in the Daniel House, in the Multicultural House, or in 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: The Works plus $200 Flex, or Block 150 plus $500 Flex. First-years and sophomores are required to choose The Works 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.

Intersession Courses at the SMU-in-Taos and SMU Dallas 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 participating in summer courses, 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 three credit 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 tuition and fees scholarships and for 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 by the deposit deadline. The Campus Community Award does not apply for any study abroad.