FourYearCost

Southern Methodist University

Dallas, TXPrivate nonprofitRank 1093 of 1,732Traditional rank 708 of 1,156

Avg freshman grant · 2022-23
$36,850
1,127 recipients
Avg grant, later years · 2022-23
$36,344
3,794 recipients
The drop
$505
1.4% of the freshman average

Freshman grant vs later years

Freshman year$36,850Later years$36,344

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$30,165
$30–48k$16,581
$48–75k$24,746
$75–110k$37,145
$110k+$57,595

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$61,980
Tuition and fees (in-state), 2023-24$64,460
Change$2,480 (+4.0%)
On-campus room and board, 2023-24$18,230

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$54,4922018-19$56,5602019-20$58,5402020-21$60,2362021-22$61,9802022-23$64,4602023-24

Published tuition and required fees, +18.3% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$41,9862020-21$45,0942021-22$45,7922022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years83%
Full-time freshman retention (return for year 2)90%
Freshmen receiving Pell Grants12%
Freshmen taking federal loans24%
Average federal loan (freshmen who borrow)$5,235
Aid drop one year earlier (2021-22)$79

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all TX colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Saint Edward's University$37,176$5,421
Austin College$35,022$1,803
University of Dallas$33,934$256
Texas Christian University$33,813$3,970
Trinity University$33,524$310

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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