Perkins School of Theology - Financial Information
A bulletin supplement, Financial Information: Southern Methodist University,
is issued each academic year. It provides the general authority and reference for
SMU financial regulations and obligations, as well as detailed information concerning
tuition, fees and living expenses.
The supplement is available on the Bursar website at
smu.edu/bursar/financialinformation.asp. For more information, call 214-768-3417.
Students registering in the Continuing Student Enrollment must ensure that
payment is received in the Division of Enrollment Services by the due date (published
on the Bursar website). No confirmation of receipt of payment will be sent.
Invoice notifications are e-mailed to the student’s SMU e-mail address after registration
for the student to view on the Web. If notification has not been received
two weeks prior to the due date, Enrollment Services should be contacted. The
registration of a student whose account remains unpaid after the due date may be
canceled at the discretion of the University. Students registering in the New Student
Enrollment and the Late Enrollment must pay at the time of registration.
Students are individually responsible for their financial obligations to the University.
All refunds will be made to the student, with the exception of federal parent
PLUS loans and the SMU Monthly Payment Plan. If the refund is issued by check,
the student may request, in writing, that the refund be sent to another party. Any
outstanding debts to the University will be deducted from the credit balance prior
to issuing a refund check. Students with Title IV financial aid need to sign an Authorization
to Credit Account Form. Students with federal parent PLUS loans need to
have the parent sign an Authorization to Credit Account Parent Form. A student
whose University account is overdue or who is in any other manner indebted to the
University will be denied the recording and certification services of the Office of
the Registrar, including the issuance of a transcript or diploma, and may be denied
readmission until all obligations are fulfilled. The Division of Enrollment Services
may stop the registration, or may cancel the completed registration, of a student who
has a delinquent account or debt and may assess all attorney’s fees and other reasonable
collection costs (up to 50 percent) and charges necessary for the collection of
any amount not paid when due. Matriculation in the University constitutes an agreement
by the student to comply with all University rules, regulations and policies.
Arrangements for financial assistance from SMU must be made in advance of
registration and in accordance with the application schedule of the Division of
Enrollment Services – Financial Aid. A student should not expect such assistance
to settle delinquent accounts.
Students who elect to register for courses outside of their school of record will
pay the tuition rate of their school of record.
A student who wishes to withdraw (resign) from the University before the end
of a term or session must initiate a Student Petition for Withdrawal Form, obtain
approval from his or her academic dean and submit the form to the Division of
Enrollment Services – University Registrar. The effective date of the withdrawal
is the date on which the Student Petition for Withdrawal is processed in the Registrar’s
Office. Discontinuance of class attendance or notification to the instructors
of intention to withdraw does not constitute an official withdrawal.
Reduction of tuition and fees is based on the schedule listed in
Financial Information:
Southern Methodist University and is determined by the effective date of
the withdrawal. The schedule may be found at
www.smu.edu/bursar, or by calling
214-768-3417.
Please note, however, for students receiving financial aid (scholarships, grants
or loans) when the withdrawal date qualifies for reduction of tuition and fees
charges, the refund typically will be used to repay the student aid programs first
and go to the student/family last. Further, government regulations may require that
SMU return aid funds whether or not the University must reduce its tuition and
fees; hence, a student whose account was paid in full prior to withdrawal may owe
a significant amount at withdrawal due to the required return of student aid.
Therefore, students who receive any financial aid should discuss prior to withdrawal
the financial implications of the withdrawal with staff of the Division of
Enrollment Services.
Medical withdrawals have conditions that must be met prior to re-enrollment at
SMU. Medical withdrawals must be authorized by the medical director; psychiatric
director; counseling and testing director; or vice president for Student Affairs.
Students who live in University housing must obtain clearance from the Office
of Residence Life and Student Housing.
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Financial aid in the form of grants is made available to students in the M.Div.,
C.M.M., M.S.M. and M.T.S. programs. Aid is granted, upon application, solely on
the basis of demonstrated need as determined from use of the Free Application for
Federal Student Aid.
In addition to financial aid grants, a number of tuition scholarships are available
each year for members of each entering class of M.Div., C.M.M., M.S.M. and
M.T.S. students. These awards are granted on the basis of academic excellence,
qualities of character and leadership, and vocational clarity. Applicants for admission
are considered for these awards based on the policies of the Office of Admissions
and Financial Aid.
Each applicant for financial aid is expected to have a reasonable plan of financial
self-help. Information on scholarships available from sources outside the school
is available in the Perkins Office of Admissions and Financial Aid. Each student
is responsible for securing the appropriate applications and applying for
scholarships.
Grants are to be applied only to courses necessary to a specific degree program.
In the event that financial aid is granted by the school to a student and that student
withdraws, drops or fails a course, aid ordinarily will not be granted for those or
similar hours.
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