How To Apply For Endowed Scholarships Smu

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What SMU Fin Aid Will You Get?

Many students won't be billed the full, advertised sticker price of a school. Rather, they'll be given a financial aid plan that will include a combination of loans, grants, scholarships, and work-study.

Read on to find out just how much financial assistance will be open to you.

Standard SMU FinAid Plan

$46,034 is the standard Southern Methodist University's first year financial aid deal. Around 80.0% of incoming students receive some financial aid, the majority of which is in the form of scholarships and grants.

College Reductions

Student loans technically fall under the umbrella of 'financial aid', however the only true college discount is a scholarship or grant that you do not have to pay back.

Student Loans at SMU

A student loan isn't a genuine college price reduction, but rather an additional cost consideration. Find out how much student loan debt from SMU you may end up dealing with.

How Much Aid Is Available in Scholarships & Grants?

The numbers listed below make reference to help which is offered by Southern Methodist University.

80.0% of new students (1,214 total) were awarded scholarships at Southern Methodist University, averaging $33,204 per student. This ranks in the top 20th percentile of all colleges in the nation.

139 freshman students were awarded a grant. About 9.0% of SMU freshmen got grants with an average of $5,376 a piece.

How are scholarships and grants dispersed to first years at SMU? View the graph listed below.

What's the Difference Between Scholarships & Grants?

Scholarships are given due to merit or special ability, while grants are awarded due to need.

How Financial Need Affects Financial Aid

Determine just how much scholarship and grant assistance you might plan to receive determined by your family income. The table below displays first year students getting federal aid including PLUS loans.

Income Level	Percent of Freshman	Average Assistance
Income 0-30k	4.5%	$47,588
Income 30k-48k	2.6%	$46,975
Income 48k-75k	3.5%	$42,493
Income 75k-110k	2.8%	$39,719
Income 110k +	12.3%	$31,100

Title IV Aid

The chart above displays undergrads who are getting Title IV aid which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.

Scholarships & Grants for All Undergraduate Students Is $33,273

73.0% of the 6,479 undergrads at Southern Methodist University are given some form of grant aid. This is a total of approximately 4,723 students getting about $33,273 each.

Southern Methodist University Financial Aid Info

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