Financial Aid

Tuition, fees, and financial assistance information for Southern Methodist University

Dallas, TX

In-State Tuition

$57,212

Out-of-State Tuition

$57,212

Average Net Price

$45,792

Price Difference

$11,420

Avg. financial aid

Tuition & Fees

In-State Students $57,212

Annual tuition for residents of TX

Out-of-State Students $57,212

Annual tuition for non-residents

Average Net Price $45,792

Average amount students pay after grants and scholarships

Net Price by Family Income

Average net price for students receiving Title IV federal financial aid (2022-23)

$0 - $30,000

$30,165

$30,001 - $48,000

$16,581

$48,001 - $75,000

$24,746

$75,001 - $110,000

$37,145

Over $110,000

$57,595

Financial Aid Overview

For first-time, full-time undergraduate students (2022-23)

Students Receiving Any Financial Aid

1,205 of 1,636 students

74%

Grants & Scholarships

Recipients

1,127 (69%)

Average Award

$36,850

Federal Pell Grants

Recipients

190 (12%)

Average Award

$5,057

Aid by Source

State & Local Grants

194 recipients (12%)

$3,908 avg

Institutional Grants

1,121 recipients (69%)

$35,291 avg

Student Loans

Federal student loan data for all undergraduates (2022-23)

Total Borrowers

1,534

22% of students

Average Loan Amount

$6,301

Financial Aid Resources

Net Price Calculator

Estimate your actual cost after financial aid

Financial Aid Office

Learn about available aid programs and apply

FAFSA Information

Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.

Apply for FAFSA →

Payment Plans Available

Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:

  • Monthly payment plans
  • Deferred payment options
  • Employer tuition assistance programs

Need Help?

Contact the financial aid office for personalized assistance with:

  • Scholarship opportunities
  • Grant eligibility
  • Work-study programs
  • Payment plan options

Federal School Codes

OPE ID: 00361300
IPEDS ID: 228246

Use these codes when applying for federal financial aid

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