[Last update: December 11, 2025]

4,869 students (68% of total 7,115 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Southern Methodist University (SMU). The average amount of the aid awarded is $37,410.

For the first-time, full-time beginning students (freshmen), 71% of total 1,592 enrolled students have received any kind of financial aid and its average amount of aid received is $37,520.

All Undergraduate Financial Aid

At Southern Methodist University, 4,869 undergraduate students (68% of total 7,115 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $37,410.

Financial Aid Statistics (All Undergraduate Students) - SMU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship4,86968% $182,150,981$37,410
Pell Grants90813% $4,954,672$5,457
Federal Student Loan1,52721% $9,133,866$5,982

Beginning Undergraduate Students (Freshmen) Financial Aid

1,125 beginning undergraduate students (71% of total 1,592 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Southern Methodist University. The average amount of aid received is $37,520.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - SMU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,12571% --
Grants or Scholarships1,07267%$40,221,523$37,520
Federal Grants22614%$1,523,484$6,741
Pell Grants21013%$1,208,523$5,755
Other Federal Grants1278%$314,961$2,480
State/Local Grants22414%$975,266$4,354
Institutional Grants1,06167%$37,722,773$35,554
Student Loan Aid41726%$5,469,498$13,116
Federal Student Loans39925%$2,002,558$5,019
Other Student Loans845%$3,466,940$41,273

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