Southern Methodist UniversityScholarships & Financial Aid 2026
Based on Common Data Set 2023-2024 figures
Merit-Based Aid
Average Merit Award
$23,496/yr
Net Price by Family Income
Average annual cost after grants and scholarships, by household income bracket.
Under $30,000$30,165/yr
$30,001 to $48,000$16,581/yr
$48,001 to $75,000$24,746/yr
$75,001 to $110,000$37,145/yr
Over $110,000$57,595/yr
Frequently Asked Questions
Does Southern Methodist University offer merit scholarships?
Yes. Based on CDS data, a portion of incoming freshmen receive merit-based awards with an average of $23,496 per year. Merit aid is awarded based on academic achievement and other criteria independent of financial need.
How much financial aid does Southern Methodist University give?
The average net price for students receiving aid is $41,778 per year. Individual aid packages vary based on financial need and academic profile.