Tuition at Southern Methodist University Table 1: SMU Tuition Costs Table 2: SMU Fees Table 3: SMU Room and Board Costs Table 4: Financial Aid at SMU

Tuition at Southern Methodist University (SMU) is on the rise. For the 2022-2023 academic year, the total cost of attendance for undergraduate students is $77,590. This includes tuition, fees, room and board, and other expenses. The cost of attendance for graduate students varies depending on the program.

Tuition Costs

Tuition costs at SMU have been increasing steadily in recent years. For the 2021-2022 academic year, undergraduate tuition was $57,900. For the 2022-2023 academic year, undergraduate tuition has increased to $59,950. This represents an increase of 3.5%.

Graduate tuition costs have also been increasing in recent years. For the 2021-2022 academic year, graduate tuition was $61,200. For the 2022-2023 academic year, graduate tuition has increased to $63,200. This represents an increase of 3.3%.

Fees

In addition to tuition, students are also required to pay a variety of fees. These fees include the student activity fee, the technology fee, and the health fee. The total cost of fees for undergraduate students is $1,780. The total cost of fees for graduate students is $1,810.

Room and Board

The cost of room and board at SMU varies depending on the type of housing and meal plan selected. The average cost of room and board for undergraduate students is $13,690. The average cost of room and board for graduate students is $14,650.

Other Expenses

In addition to tuition, fees, and room and board, students are also responsible for other expenses, such as books, supplies, transportation, and personal expenses. The estimated cost of these expenses is $3,070.

Financial Aid

SMU offers a variety of financial aid options to help students pay for college. These options include scholarships, grants, loans, and work-study programs. In the 2021-2022 academic year, SMU awarded more than $200 million in financial aid to its students.

How to Apply for Financial Aid

To apply for financial aid at SMU, you must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at www.fafsa.gov. The FAFSA deadline for the 2022-2023 academic year is March 1, 2023.

Tips for Saving Money on College

There are a number of things you can do to save money on college. These tips include:

• Apply for financial aid. Financial aid can help you pay for college by reducing the amount of money you have to borrow.
• Get a job. Working a part-time job can help you offset the cost of college.
• Live at home. If you live at home, you can save money on room and board.
• Buy used books. Used books can be much cheaper than new books.
• Take advantage of student discounts. Students can get discounts on everything from movie tickets to bus fare.

Common Mistakes to Avoid

There are a number of common mistakes that students make when it comes to paying for college. These mistakes include:

• Not applying for financial aid. Many students don’t apply for financial aid because they think they won’t qualify. However, even if you think you won’t qualify, it’s still worth applying. You may be surprised by how much financial aid you’re eligible for.
• Borrowing too much money. It’s important to borrow only as much money as you need to pay for college. If you borrow too much money, you’ll have to pay it back with interest, which can make it difficult to pay off your loans.
• Not understanding your loan repayment options. Before you borrow any money for college, make sure you understand your loan repayment options. This will help you avoid surprises later on down the road.

Conclusion

Paying for college can be a challenge, but it’s important to remember that there are a number of ways to save money. By following the tips in this article, you can make college more affordable.