What are the best scholarships? Anything else we can do to lower tuition? Appreciate a list of the best options for smu
To manage the tuition costs at Southern Methodist University (approximately $69,722), students can explore various scholarships and financial aid options.
Top Merit-Based Scholarships
- President’s Scholars: Covers full tuition and fees, plus a study abroad experience.
- Nancy Ann and Ray L. Hunt Leadership Scholars: Approximately 75% of tuition and fees for students with exceptional leadership and academic achievements.
- Provost Scholarship: Up to $120,000 ($30,000 per year) for students with outstanding academic credentials.
- SMU Distinguished Scholarship: Up to $100,000 ($25,000 per year) based on a holistic review of the admissions application.
- Second Century Scholarship: Up to $80,000 ($20,000 per year) for academically successful students.
- Need-Based Aid: Submit the FAFSA and CSS Profile by January 15, 2026, to be considered for federal, state, and SMU-funded aid.
- Grants: Eligible students may receive the Federal Pell Grant or Texas Tuition Equalization Grant.
- Dallas County Mustang Scholarship: Full tuition for high-achieving Dallas County residents.
- ROTC Scholarships: Full-tuition scholarships through Army or Air Force ROTC partnerships.
Most scholarships require submission of the SMU admission application by January 15, 2026, with additional requirements for specific scholarships like essays or video statements for the Hunt Leadership Scholarship.