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 at the Division of Enrollment Services and in the office of the dean of each school. It will be mailed, upon request, from any of these offices. A supplement is mailed to all new and continuing students each May.
Students registering in the Continuing Student Enrollment must ensure that payment is received in the Division of Enrollment Services by the due date (given to students at registration). No confirmation of receipt of payment will be sent. If an invoice 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 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. 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 (currently at 331/3 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. No refunds are made without an official withdrawal. Discontinuance of class attendance or notification to the instructors of intention to withdraw does not constitute an official withdrawal. Students who live in University housing must obtain clearance from the Office of Housing.
Further details may be found in the most recent addition of the bulletin supplement Financial Information: Southern Methodist University.
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 Admission 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.