Cost Details
- In-State Tuition
- $64,460
- Out-of-State Tuition
- $64,460
- Average Net Price
- $41,778
- Students Receiving Financial Aid
- 11.9%
- Room & Board (On Campus)
- $18,230
- Room & Board (Off Campus)
- $10,808
- Books & Supplies
- $800
- Total Cost of Attendance
- $83,490
- Median Debt at Graduation
- $19,500
- Estimated Monthly Loan Payment
- $207/mo
- Loan Repayment Rate
- 75.0%
- Students Taking Federal Loans
- 21.7%
- Pell Grant Recipients
- 11.9%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $30,165 |
| $30,001 – $48,000 | $16,581 |
| $48,001 – $75,000 | $24,746 |
| $75,001 – $110,000 | $37,145 |
| $110,001+ | $57,595 |
Cost Estimator
Cost Overview
Families earning under $30,000 pay about $30,165 annually at SMU, while those making over $110,000 face $57,595 per year. The four-year total ranges from $120,660 to $230,380 depending on family income. Only 11.86% of students receive need-based aid, reflecting the wealthy student body this Methodist university attracts.
Graduates carry a median debt of $19,500, translating to monthly payments around $207. With median starting salaries at $67,114, loan payments represent just 3.7% of gross income. The 75% loan repayment rate suggests most alumni handle debt comfortably. Students from middle-income families ($30,000-$48,000) get the best financial deal with net costs of only $16,581 annually. This selective pricing targets families who need significant aid while charging full freight to Dallas's affluent residents who can afford the premium.
Graduates carry a median debt of $19,500, translating to monthly payments around $207. With median starting salaries at $67,114, loan payments represent just 3.7% of gross income. The 75% loan repayment rate suggests most alumni handle debt comfortably. Students from middle-income families ($30,000-$48,000) get the best financial deal with net costs of only $16,581 annually. This selective pricing targets families who need significant aid while charging full freight to Dallas's affluent residents who can afford the premium.
Official Net Price Calculator
Get a personalized cost estimate from Southern Methodist University:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.