For the academic year 2022-2023, total 1,194 full-time, first-time students (76% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 4,987 students (72% of all students) received grants or scholarships and the average grant amount is $35,270. In addition, 1,501 students received student loans and the average loan amount is $6,297.
Below tables show the number and amount by source of financial aid at Southern Methodist University.
For all undergraduate students, total 4,987 students (72% of all students) received grants or scholarships and the average grant amount is $35,270. In addition, 1,501 students received student loans and the average loan amount is $6,297.
Below tables show the number and amount by source of financial aid at Southern Methodist University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 4,987 | 72% | $35,270 |
| Pell Grants | 800 | 12% | $4,944 |
| Federal Student Loans | 1,501 | 22% | $6,297 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,194 | 76% | - |
| Grants or Scholarship from All Sources | 1,152 | 73% | $35,344 |
| Federal Grants | 173 | 11% | $6,002 |
| Pell Grants | 173 | 11% | $4,932 |
| Other Federal Grants | 82 | 5% | $2,257 |
| State/Local Grants | 174 | 11% | $3,958 |
| Institutional Grants | 1,146 | 73% | $34,022 |
| Student Loans | 405 | 26% | $12,369 |
| Federal Student Loans | 383 | 24% | $5,166 |
| Other Student Loans | 94 | 6% | $32,243 |
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