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 ServicesFinancial 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 financial need.
Certain special SMU scholarship programs offer awards to the following types of students:
Primary consideration for merit scholarships and need-based financial aid will be given to the following:
To obtain additional information contact this office:
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.
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 adviser before financial aid can be considered. Financial aid awards will be made only if there are mitigating circumstances.
|Degree||Time Limit for Completion||Increment of Degree Requirement Credits 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.