Average Net Price
The average net price at Southern Methodist University is $45,094 per year after grants and scholarships are applied.
Overall Average Net Price
$45,094
Average amount students pay per year after financial aid
Net Price by Family Income
Financial Aid
Southern Methodist University demonstrates strong commitment to educational accessibility, with 72% of undergraduate students receiving financial aid and 11% benefiting from federal Pell grants for demonstrated financial need.
Students Receiving Aid
72%
Of undergraduate students receive some form of financial assistance
Pell Grant Recipients
11%
Of students receive federal Pell grants for demonstrated financial need
Grants & Scholarships
Gift aid that doesn't need to be repaid
Work-Study Programs
Part-time employment opportunities on campus
Student Loans
Federal and private loan options available
Combined Sticker Price (Undergraduate)
The sticker price represents the total cost before any financial aid is applied. In-state students can expect a sticker price of $64,460 annually for tuition and fees, while out-of-state students pay $64,460. Additional costs for room, board, books, and personal expenses will vary based on your living arrangements and lifestyle choices. Commuting students pay approximately $66,860, which is 14% cheaper than on-campus living.
Tuition & Fees Comparison
In-State: $64,460
Out-of-State: $64,460
In-State Students
On Campus Living
Off Campus Living
Out-of-State Students
On Campus Living
Off Campus Living
Commuting Students
Students living at home and commuting to campus can significantly reduce their costs.
In-State Commuter
Out-of-State Commuter
Cost Analysis
Analyze how SMU's costs have changed over time.Over the past year, Southern Methodist University has increased costs by $3,108, representing a 7.4% increase in average net price.
Cost Trends
Previous Year
$41,986
Current Year
$45,094
Change
+$3,108
Affordability & Value
Southern Methodist University is committed to providing accessible, high-quality education with strong return on investment.
Affordability Rating
Higher Cost
Based on average net price compared to national averages