Applying For Financial Aid
Applying For Financial Aid
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Email
enrol_serv@mail.smu.edu
Net Price Calculator
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Application Process
Application Deadline
January 15
Award Notification
On a rolling basis beginning December 15
Methodology For Awarding Institutional Aid
Federal and Institutional Methodologies
Forms Required Cost
FAFSA Code is 003613 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Noncustodial (Divorced/Separated) Parent's Statement Free
Profile of 2024-25 Financial Aid
Profile of 2024-25 Financial Aid
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Freshman
Financial Aid Applicants
974 (56.8%) of freshmen
Found to Have Financial Need
574 (58.9%) of applicants
Received Financial Aid
573 (99.8%) of applicants with financial need
Need Fully Met
288 (50.3%) of aid recipients
Average Percent of Need Met
90%
Average Award
$62,094
Need-Based Gift
Received by 564 (98.4%) of aid recipients, average amount $52,753
Need-Based Self-Help
Received by 387 (67.5%) of aid recipients, average amount $4,857
Merit-Based Gift
Received by 196 (34.2%) of aid recipients
555 (32.4%) of freshmen had no financial need and received merit aid, average amount $27,376
All Undergraduates
Financial Aid Applicants
3,060 (42.8%) of undergraduates
Found to Have Financial Need
2,217 (72.5%) of applicants
Received Financial Aid
2,204 (99.4%) of applicants with financial need
Need Fully Met
969 (44.0%) of aid recipients
Average Percent of Need Met
88%
Average Award
$58,545
Need-Based Gift
Received by 2,172 (98.5%) of aid recipients, average amount $49,715
Need-Based Self-Help
Received by 1,599 (72.5%) of aid recipients, average amount $5,915
Merit-Based Gift
Received by 621 (28.2%) of aid recipients
2,631(36.8%)of undergraduates had no financial need and received merit aid,average amount $29,414
All Undergraduates
2024 Graduates Who Took Out Loans
29%
Average Indebtedness of 2024 Graduates
$37,758
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
State Loans
Available
Other Loans
College/University Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Not reported
Number of Awards
Not reported
Employment
Work-Study Programs
Not reported
Average Earnings from On-Campus Employment
Not reported
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2025 Peterson's LLC. All rights reserved.