Tuition Fees and Financial Aid - SMU Admissions 2025

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If you receive Financial Aid, do not worry about it. Financial Aid will automatically pay your tuition within 10 days before August 22 (school starts) and you will receive the left over amount after tuition is paid.
The average need-based scholarship or grant awarded to first-year students at Southern Methodist University was $48,406. Additionally, 34% of first-year students received need-based financial aid in fall 2022.
You should apply for admission to the colleges you are interested in BEFORE filing your FAFSA. Once you are accepted to the colleges you have applied to, you can add those schools to receive financial aid award offers from when you file your FAFSA.
SMU aims to make high quality education affordable to all students, regardless of income level. In fact, nearly 80% of all SMU undergraduate students receive some form of financial aid.
Most schools require all costs for the term to be paid upfront, and most also offer payment plans.
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Undergraduate costs for 2022-2023 Tuition and fees$61,980 Average housing and dining $17,750 Total $79,730
In terms of this, yes, if you pay your tuition yourself you will be getting reimbursed for the money that was going to be used by the school from fasfa. BUT DO NOT DO ANYTHING FURTHER UNTIL YOU CONTACT YOUR FINANCIAL AID OFFICE WITH YOUR SCHOOL, and schedule an appointment asap.
If you receive Financial Aid, do not worry about it. Financial Aid will automatically pay your tuition within 10 days before August 22 (school starts) and you will receive the left over amount after tuition is paid. It will be like this every semester.

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