univstats
Financial Aid Scoreboard
Number Received Financial Aid (All Undergraduate) 4,793
Percent Received Financial Aid(All Undergraduate) 71%
Average Aid Amount $34,874
Number Received Financial Aid (Freshmen) 1,195
Percent Received Financial Aid (Freshmen) 78%

Financial Aid Information at SMU

For the academic year 2019-2020, a total of 4,793 students (71% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $34,874. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,195 students (78% of enrolled students) received financial aid.
The 2022 undergraduate tuition & fees at Southern Methodist University is $60,236, for reference.

All Undergraduate Students Financial Aid

For the academic year 2019-2020, a total of 4,793 students (71% of all students) have received grants or scholarships and the average received aid amount is $34,874. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Southern Methodist University for all undergraduate students.
Undergraduate Student Financial Aid at Southern Methodist University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid4,79371%$34,874
Pell Grants72011%$4,667
Federal Student Loans1,38721%$6,371

Beginning Students Financial Aid

a total of 1,195 beginning students (78% of all freshmen) have received any financial aid and 1,181 students (77% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Southern Methodist University.
Beginning Students (Freshmen) Financial Aid at Southern Methodist University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,19578%-
Grants or Scholarship from All Sources1,15975%$34,890
Federal Grants1429%$5,700
Pell Grants1399%$4,600
Other Federal Grants694%$2,463
State/Local Grants15410%$3,505
Institutional Grants1,15475%$33,872
Student Loans35423%$11,378
Federal Student Loans33622%$5,262
Other Student Loans775%$29,351