How much is the SMU tuition? For the academic year 2023-2024, SMU's tuition & fees is $64,460.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $85,610 when a student lives on-campus.
SMU Tuition & Expenses
| 2022-2023 Rate |
|---|
| Tuition & Fees | $64,460 |
|---|
| Books & Supplies Costs | $800 |
|---|
| On-campus Room & Board | $17,750 |
|---|
| On-campus Expenses | $2,600 |
|---|
| Off-campus Room & Board | $8,700 |
|---|
| Off-campus Expenses | $2,600 |
|---|
| 2023-2024 Projection |
|---|
| Tuition & Fees | $61,980 |
|---|
How Much Does it Cost to Go to SMU for 4 Years?
For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $284,685 at SMU. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $369,303. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $213,535.
The following table computes the 4 years tuition and COA by class of year.
Average Tuition By School Type and Comparison
Compared to four-years schools nationwide, SMU' tuition is much higher than the average tuition of $20,937. Compared to private, four-years colleges in Texas, its tuition is much higher than the average tuition of $17,791.
| In-State | Out-of-State |
|---|
| Southern Methodist University | $64,460 |
|---|
| U.S. Four-years Colleges | $18,672 |
|---|
| Public Schools | $7,199 | $12,960 |
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| Private Schools | $20,937 |
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| Texas Four-years Colleges | $16,780 |
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| Public Schools | $6,534 | $13,398 |
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| Private Schools | $17,791 |
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Compare Similar School's Tuition
The next table compares the tuition & fees between SMU and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
| Location | Undergraduate | Graduate |
|---|
| Southern Methodist University | Dallas, TX | $64,460 | $37,062 |
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| Stevens Institute of Technology | Hoboken, NJ | $60,952 | $42,988 |
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| University of Denver | Denver, CO | $59,340 | $58,347 |
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| Saint Louis University | Saint Louis, MO | $53,244 | $24,494 |
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| Case Western Reserve University | Cleveland, OH | $64,671 | $52,402 |
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| Northeastern University | Boston, MA | $63,141 | $28,100 |
|---|
| Wake Forest University | Winston-Salem, NC | $64,758 | $39,350 |
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| University of Miami | Coral Gables, FL | $59,926 | $44,858 |
|---|
| Worcester Polytechnic Institute | Worcester, MA | $59,070 | $29,040 |
|---|
| University of Rochester | Rochester, NY | $64,348 | $38,863 |
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| Villanova University | Villanova, PA | $64,701 | $21,361 |
|---|
Tuition Trends Over Past 10 Years
The undergraduate tuition & fees of Southern Methodist University has increased by 41.51% over the past 10 years from $43,800 to $64,460. The graduate tuition & fee has increased by -16.04% from $43,906 to $37,062.
The living costs increased by 1.56% last year and 21.46% over the past 10 years.
Financial Aid and COA
At Southern Methodist University, 4,987 students (72%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $35,270.
After receiving financial aid, the cost of attendance (COA) at SMU is $50,340 for students living on-campus and $41,290 for students living off-campus.
For beginning students (i.e. first-time freshmen), 1,194 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $35,344 and the average amount of student loans is $12,369.
The financial aid data is based on 2021-2022 statistics from IPEDS.
Admission Stats and Requirements to Apply
SMU's acceptance rate is 53.13%. A total of 15,685 applicants applied to and 8,333 students were accepted. Of the admitted students, 1,572 enrolled finally, and the yield (i.e. enrollment rate) is 18.86%.
To apply to SMU, 5 items are required - Secondary school GPA, Secondary school record, Completion of college-preparatory program, Recommendations and TOEFL (Test of English as a Foreign Language) and 2 items are recommended to submit - Secondary school rank and Formal demonstration of competencies. SAT and ACT scores are considered during the admissions process but are not required to be submitted.
SAT and ACT Scores
The SAT and ACT scores are considered but not required to apply to SMU. The average SAT score of the enrolled first-time students is 1,425 and the average ACT score (ACT composite) is 33.
Its SAT score is much higher than the national average score of 1,168. The ACT score is much higher than the national average score of 24.
| Average | 25th | 75th |
|---|
| SAT Total | 1,425 | 1,340 | 1,510 |
|---|
| National Average | 1,168 | | |
|---|
| Texas Average | 1,108 | | |
|---|
| SAT EBRW | 700 | 660 | 740 |
|---|
| SAT Math | 725 | 680 | 770 |
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| ACT Composite | 33 | 31 | 34 |
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| National Average | 24 | | |
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| Texas Average | 23 | | |
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| ACT Math | 31 | 28 | 33 |
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| ACT English | 34 | 32 | 35 |
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Student Population
Southern Methodist University has a total of 12,053 students including 7,056 undergraduate and 4,997 graduate students. By gender, there are 6,358 male students and 6,027 female students attending SMU. The school offers online degree programs and 892 students enrolled online exclusively (7.40% of all students).
| Total | Male | Female |
|---|
| Total | 12,385 |
6,358 | 6,027 |
|---|
| Undergraduate | 6,908 |
3,486 | 3,422 |
|---|
| Graduate | 5,477 |
2,872 | 2,605 |
|---|
Directory & Academic Information
| Directory Information |
|---|
| Address | 6425 Boaz St, Dallas, TX |
|---|
| Phone | 214-768-2000 |
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| WEB | www.smu.edu |
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| Degree & Programs |
|---|
| Degree | Undergraduate, Graduate |
|---|
| Program Offered | 227 Programs |
|---|
| Online Program Offered | 30 Online Programs |
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| Graduate Program Offered | 128 Graduate Programs |
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| Academic Stats |
|---|
| Acceptance Rate | 52.25% |
|---|
| Yield | 19.42% |
|---|
| Student Population | 12,053 |
|---|
| Graduation Rate | 82% |
|---|
| Transfer-out Rate | 12% |
|---|
| Retention Rate | 90% (Full-time), 75% (Part-time) |
|---|
| Students to Faculty Ratio Rate | 11 to 1 |
|---|
| Faculty & Staffs |
|---|
| Number of Faculties | 767 (Full-time), 379 (Part-time) |
|---|
| Number of Staffs | 2,401 (Full-time), 430 (Part-time) |
|---|
| Average Faculty Salary | $121,961 |
|---|
| Average Staff Salary | $82,480 |
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