Tuition, net price and cost to go Southern Methodist University (2024)

FAQs

Tuition, net price and cost to go Southern Methodist University? ›

Tuition for Southern Methodist University is $53,464 for the 2021/2022 academic year. This is 76% more expensive than the national average private non-profit four year college tuition of $30,365. The cost is 210% more expensive than the average Texas tuition of $17,245 for 4 year colleges.

60,236 USD (2021 – 22)

Southern Methodist University / Undergraduate tuition and fees

The net price is calculated by taking the total cost of attendance — including tuition, room and board and books — and subtracting any grants and scholarships you're eligible for.

Beginning Fall 2023, the general student fee is $304 per term credit hour*, $3,624 maximum. Students paying the maximum general student fee of $3,624 are eligible to receive the Sports Pack. Students paying less than the maximum general student fee may receive the Sports Pack for an additional $90.

SMU is one of only 300 schools nationwide that are worth the investment, according to Forbes' 2019 Best Value Colleges ranking, which is based on quality, net price, net debt, alumni earnings, timely graduation and access for low-income students.

The President's Scholars Program

President's Scholarships are awarded to students who have shown exemplary academic skills, and is SMU's most prestigious merit-based scholarship. The award is full tuition and fees plus study abroad. Students who live on campus also receive a scholarship for room and board.

A net price is an estimate of the actual cost you and your family need to pay in a year to cover education expenses for you to attend a particular college or career school. It is the institution's cost of attendance minus any grants and scholarships for which you may be eligible.

Net price is the cost that customers are willing to pay for a product or service. It not only includes the product's list price but the taxes and discounts applied to a product.

What is a Net Price Calculator? Net price calculators are available on a college's or university's website and allow prospective students to enter information about themselves to find out what students like them paid to attend the institution in the previous year, after taking grants and scholarship aid into account.

Why is SMU so expensive? ›

Financial aid, compensation for faculty and staff, utilities, debt service, and facilities and grounds maintenance are the major categories funded from tuition as well as other revenue sources. All of these reasons are factored into SMU's tuition dollar amount.

The expected duration is 4 years for non-Law double degree students. Law students who are enrolled in a double degree programme will complete the programme in 5 years.

Southern Methodist University's ranking in the 2022-2023 edition of Best Colleges is National Universities, #72. Its tuition and fees are $61,980.

Southern Methodist University. The median family income of a student from Southern Methodist is $198,900, and 67% come from the top 20 percent. About 1.8% of students at Southern Methodist came from a poor family but became a rich adult.

Compared against last year's rankings, its Academic Reputation has decreased 3 points. This might suggest a perceived slip in its teaching quality. This ties in with its lower Faculty to Student ratio, which saw a decrease of some 200 faculty staff last year.

A nationally ranked private university located near the heart of Dallas, SMU is a distinguished center for global research with a liberal arts tradition.

A 4.0 Grade Point Average is not only a high GPA, it's an impressive GPA that's sure to catch the eyes of many scholarship providers. Since the minimum GPA for a full-ride scholarship is usually set at 3.5, a 4.0 is sure to always be above and beyond what's required.

Usually, full-ride scholarships cover all of your college expenses: not just tuition, but also everything else you need to pay for to support your education, such as books, lab fees, accommodation, and meals. Some full-ride scholarships even include a stipend that you can use to pay for additional living expenses.

Full-ride and full-tuition scholarships may sound similar, but there is a big difference between them. While full-ride scholarships cover all the costs of college, full-tuition scholarships do not. They only cover tuition, leaving the student responsible for room and board, books, and other expenses.

What is the cheapest private college? ›

Harvard, Stanford and Princeton, unsurprisingly, are America's toughest colleges to get into in 2023, according to Niche's most recent rankings.

Net price is the college's annual cost of attendance minus the grants, scholarships, tuition waivers and other gift aid a student receives for one year of college. This does not factor in loans.

This is a massive mistake because sometimes, the colleges with the highest sticker prices offer the lowest net prices to students who don't have much money. This is why the net price is a more important number to consider than the sticker price.

The quality of net price calculators can vary significantly. The least reliable ones for many families will rely upon the federal calculator template, which schools can use for free. Roughly half of the schools use net price calculators that depend upon the federal template.

The net price is sometimes confused with the term "net cost." Net cost is the amount paid by the customer after all discounts and rebates are applied. It does not include any taxes or other added costs. In contrast, the net price includes all added costs and is the final amount the customer pays.

Examples of net cost are: The gross cost of a machine, minus the margin on all goods produced with that machine. The gross cost of attending college, minus the incremental increase in earnings derived from obtaining a college degree.

But, the maximum amount can be in the low tens of thousands of dollars per year. Average amounts are about $9,000, with less than half of that in the form of grants. This table shows the maximum and average amounts for various types of federal student aid for undergraduate students for 2020-2021.

The list price, or the MSRP, is the full price of a product without any discounts, deals, or promotions. The buyer and seller will both use the net or selling price as the basis for its accounting entries. The net price formula is the list price minus trade discounts.

Higher income students are more likely to pay full price. As this table shows, college students are about twice as likely to pay full price at a public four-year college as they are at a private, non-profit four-year college (28 percent and 13 percent of freshmen, respectively).

Is SMU a top university? ›

Southern Methodist University is ranked #72 out of 443 National Universities. Schools are ranked according to their performance across a set of widely accepted indicators of excellence. Read more about how we rank schools.

Education ranking website Niche just released their 2020 Best College rankings. No surprise, the Longhorns are on top of the game. On the Best Colleges in Texas list, UT Austin ranks No. 2, just below Houston's Rice University and right above Dallas's Southern Methodist University (SMU).

It was discovered by the NCAA that a slush fund from the athletic department and boosters had paid out over $61,000 to 13 players between 1985-86. The sanctions issued were harsh. SMU was banned from bowl games for two seasons and the program was stripped of 45 scholarships.

With a GPA of 3.64, SMU requires you to be above average in your high school class. You'll need at least a mix of A's and B's, with more A's than B's. You can compensate for a lower GPA with harder classes, like AP or IB classes.

A double major entails studying two separate fields for a single degree. Pros of a double major include potentially higher earnings and a more diverse skill set. Cons include less free time and little flexibility in your class schedule.

When it comes to the Southern states, several colleges have been called the Harvard of the South. The title is most commonly applied to Duke University. However, Vanderbilt, Emory, Southern Methodist, Sewanee, and Davidson have also been given it at one time or another.

Founded in 1911 by what is now known as the United Methodist Church, SMU is nonsectarian in its teaching and is committed to the values of academic freedom and open inquiry.

Niche rates Southern Methodist University as having the 18th most conservative students among the surveyed schools.

Most expensive private high schools in US: IMG Academy makes the list.

How many billionaires went to SMU? ›

Two schools from the Lone Star State – SMU and the University of Texas at Austin – made the list with three billionaires each.

In total, one out of every 20 Harvard freshmen attended one of the seven high schools most represented in the class of 2017—Boston Latin, Phillips Academy in Andover, Stuyvesant High School, Noble and Greenough School, Phillips Exeter Academy, Trinity School in New York City, and Lexington High School.

The most popular majors at Southern Methodist University include: Business, Management, Marketing, and Related Support Services; Social Sciences; Communication, Journalism, and Related Programs; Mathematics and Statistics; Engineering; Visual and Performing Arts; Biological and Biomedical Sciences; Parks, Recreation, ...

Southern Methodist University admissions is more selective with an acceptance rate of 53%. Half the applicants admitted to SMU have an SAT score between 1340 and 1510 or an ACT score of 31 and 34. However, one quarter of admitted applicants achieved scores above these ranges and one quarter scored below these ranges.

#83 Southern Methodist University

team onto the field for home games. Notable SMU alumni include business billionaires Whitney Wolfe Herd, the founder of Bumble, and Indianapolis Colts owner James Irsay. Use Forbes logos and quotes in your marketing.

Our students come from diverse economic, ethnic, and religious backgrounds. Among students reporting a religious affiliation, 26 percent are Catholic and 18 percent are Methodist.

The campus is beautiful, and the people are amazing. There's a nice balance between academics and a social life. In my experience, the professors are easy to talk to, both inside and outside of class. The campus is in the heart of Dallas, so there's always something to do at night, whether on or off campus.

Financial aid, compensation for faculty and staff, utilities, debt service, and facilities and grounds maintenance are the major categories funded from tuition as well as other revenue sources. All of these reasons are factored into SMU's tuition dollar amount.

SMU is the most expensive college in Texas and also ranks 17th on the national list for 2022.

Is Southern Methodist conservative? ›

The Southern Methodist Church is a conservative Protestant Christian denomination with churches located in the southern part of the United States.

A nationally ranked private university located near the heart of Dallas, SMU is a distinguished center for global research with a liberal arts tradition.

SMU requires most incoming students to live on campus for two years. Living on campus is important for having the most robust and fulfilling SMU experience. First-year students must live on campus for their first two years at SMU and are assigned to one of our 11 Residential Commons.

SMU (Simmons) 2023-2024 Rankings

SMU (Simmons) is ranked No. 49 (tie) in Best Education Schools. Schools are ranked according to their performance across a set of widely accepted indicators of excellence. See how this school scored on the key indicators used in the rankings.

Minimum 2.0 cumulative transfer GPA on a 4.0 scale; Minimum 30 academic, college-level transferable semester hours.

The average GPA of first-year students the University of Michigan accepts is 3.88. More than half of applicants the school admits have high school GPAs of 4.0. Like many institutions, UM does not have a minimum GPA requirement applicants should meet for their applications to be considered.

The GPA requirements for Harvard University are between 3.9 to 4.1. You will need an incredibly high GPA and will likely be graduating at the top of their class in order to get into Harvard University.