Southern Methodist University

Dallas, TX http://www.smu.edu/

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Costs

Est. full price 2022-2023: $81,300

% of students who get any grants: 71%

Est. price for students who receive aid: $43,800

Average price for low-income students: $27,430

NET PRICE CALCULATOR

Admissions

Acceptance rate: 47%

Median SAT/ACT score: 1390/31

SAT/ACT required?: No

Undergraduate enrollment: 6,680

Financial Aid

% of students with need who get grants: 75%

% of need met: 85%

% of students who get merit grants: 46%

Average merit grant: $34,200

Student Success

Graduation rate: 78%

Average time to a degree: 4.1 years

Median student debt: $20,006

Early career earnings: $72,510

% earning more than a high school grad: 81%

Notes: Students who get merit grants are full-time undergraduates who had no financial need and were awarded grants. Graduation rate measures degree completion within six years for both transfer students and first-time students. Early career earnings are the median earnings for both graduates and non-completers, 10 years after they first enrolled.

Sources: U.S. Department of Education, Peterson’s, Money/Witlytic calculations.