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For many SMU students, scholarships and other aid make the cost of attending
this distinguished private university no more taxingand often less soon
their families' financial resources than attending a public university.
SMU strives to provide the financial assistance required for an undergraduate
education to any student who is offered admission and who has been determined
by the Division of Enrollment Services-Financial Aid to have need for
such assistance.
More than 73 percent of all students receive some type of financial aid.
SMU has a generous program of merit scholarships, grants, loans, and part-time
jobs to recognize academic achievement and talent in specific fields and
to meet nancial need.
Certain special SMU scholarship programs offer awards to the following
types of students:
- Entering first-year, transfer, and continuation students with high
academic achievement or with talent in the arts.
- National Merit finalists.
- Dependent children and spouses of ordained United Methodist ministers
engaged in full-time church-related vocations.
- Texas residents.
Primary consideration for merit scholarships and need-based financial
aid will be given to the following:
- Entering first-year students who:
- Complete the Admission Application, with all supporting materials,
by January 15.
- File the Free Application for Federal Student Aid (FAFSA), available
from high school counselors or on the World Wide Web at www.fafsa.ed.gov,
by February 1. (The FAFSA is required for need-based aid
consideration.) SMU Title IV code: 003613
- Complete the SMU Application for Scholarships (attached to Admission
application) and return it with the Admission Application.
- Transfer students who:
- Complete the Admission Application, with all supporting materials,
by June 1.
- File the FAFSA, available from financial aid offices or on the
World Wide Web at www.fafsa.ed.gov, by April 1. (The FAFSA is required
for need-based aid consideration.)
- Continuation students who:
- File FAFSA or FAFSA Renewal by April 15, after the parents'
and student's income tax returns have been filed with the Internal
Revenue Service.
To obtain additional information contact this office:
Division of Enrollment Services
Southern Methodist University
PO Box 750181
Dallas TX 75275-0181
214-768-3417
enrol_serv@smu.edu
www.smu.edu/enrollmentservices.html
SMU SATISFACTORY PROGRESS POLICY FOR FEDERAL, STATE, AND INSTITUTIONAL FINANCIAL
AID ELIGIBILITY
The Higher Education Act of 1965, as amended October 6, 1983, mandates
that institutions of higher education establish minimum standards of "satisfactory
progress" for students receiving federal financial aid. The standards
given below are also used for state and institutional funds.
Undergraduates
SMU has a selective admissions policy and strict academic standards for continued
enrollment. A student admitted to SMU and allowed to continue enrollment
is considered to be making satisfactory progress toward the chosen degree,
providing that 1) the student maintains a 2.00 cumulative G.P.A. or better
by the end of the second year of enrollment, and 2) the rate of degree-requirement
credits earned is equal to or greater than the schedule below.
A student whose rate of course completion at the end of any academic
year of enrollment is less than that outlined below must consult with
a financial aid counselor before financial aid can be considered. Financial
aid awards will be made only if there are mitigating circumstances.
| |
Time Limit for |
Increment of Degree Requirement Credits |
| Degree |
Completion |
Required to Be Successfully Completed |
| Baccalaureate |
6-12 month |
Academic years |
|
|
|
|
|
|
| |
academic years |
completed |
1 |
2 |
3 |
4 |
5 |
6 |
| |
|
|
|
|
|
|
|
|
| |
|
Percentage of degree credits |
|
|
|
|
|
|
| |
|
completed |
13 |
25 |
43 |
60 |
80 |
100 |
A student who is denied federal aid funds because that student is not deemed
to be making satisfactory progress toward the student's degree goal according
to this policy will have the right to appeal to the Executive Director of Financial
Aid.
PAYMENT OPTIONS
The SMU Payment Plan allows total annual charges to be broken into monthly
installments and spread over 10 months, beginning in June.
For more information about this plan contact:
Academic Management Services
One AMS Place
PO Box 100
Swansea MA 02777
1-800-635-0120
The Four-Year Single Payment Plan allows families to avoid the effects
of tuition and fee increases by paying for four years in one single payment
(four times the first-year tuition and fees).
For more information about this plan contact:
Division of Enrollment Services
Southern Methodist University
PO Box 750181
Dallas TX 75275-0181
214-768-4635
Other Commercial Plans. The SMU Division of Enrollment Services
receives mailings from other entities offering extended payment plans
for credit-worthy families. Contact us if you would like more information.
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