Southern Methodist University

Dallas, Texas


Costs to Attend Southern Methodist University

Are you interested in applying to Southern Methodist University yet wondering how much it costs or if you can afford to attend? Use our comprehensive price data and loan calculation tools to assist in determining if this school makes financial sense for you and your intended major of study.

Annual Cost

  • Total One Academic Year Cost
  • All Residents: $56,089
  • Cost Itemization
  • Tution for all Residents: $37,050
  • Room and Board or estimated off campus living expense: $13,539
  • Books and Supplies: $800
  • Other Fees: $4,700

The cost per year to attend Southern Methodist University is $56,089 for the 2012/2013 academic year. How much may your student loan payments be and can you afford to attend? If you are interested in learning more, request additional information to be sent to you from Southern Methodist University

All price data are reprinted from the U.S. Department of Education's 2012-2013 and 2011-2012 IPEDS Survey and represent reported costs for the 2012-2013 and 2011-2012 academic years. Please consult the school directly for the most up to date price information.

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Estimated 4 Year Cost at Current Tuition

At current published tuition rates, the estimated total tuition and living expense cost of a 4 year bachelor's degree at Southern Methodist University is $224,356 for students graduating in normal time. Our methodology for estimating the 4 year cost is a multiple of the most recent reported annual cost and does not factor in tuition increases.

  • 4 Year Total Cost (tuition and living expenses): $224,356

Estimated Cost Per Semester

  • Texas Residents Total Cost Per Semester: $28,044

Average Net Price and Financial Aid

  • Average Annual Net Price: $29,140*
  • Estimated Average 4 Year Degree Cost: $116,560**
  • Percent of Students Receiving Grant Aid: 70%
  • Average Annual Total Grant Aid Amount: $20,856
  • Percent of Students Receiving Pell Grants: 17%
  • Average Amount of Pell Grant Aid: $3,952
  • Percent of Students Receiving Federal Student Loans: 32%
  • Average Amount of Federal Student Loan Aid: $6,600

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

For Profit / Not For Profit Status

Southern Methodist University is a not for profit institution.

Example Student Loan Payments and Costs

How much are estimated student loan payments for Southern Methodist University? Below are the costs for an example student loan if you borrowed $116,560, our estimated average net price for a four year degree. Note that this calculation assumes you are part of the reported 70% of students at this school who receive financial aid and you are paying an average annual net price of $29,140. If you do not financially qualify for a reduced net price, your student loan payments may be significantly higher than this example. Use our Southern Methodist University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

  • Monthly Payment: $1,172.37
  • Amount Borrowed: $116,560.00
  • Interest Rate: 3.9%
  • Term: 10 years
  • Number of Monthly Payments: 120
  • Total Interest Cost: $24,124.81
  • Total of All Payments of 10 years: $140,684.81

Loan Affordability & Salary

Can I afford to attend Southern Methodist University? To keep student loan payments affordable, it is recommended not to borrow more than you can pay back using 10% of your monthly income. When planning how to afford Southern Methodist University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using these parameters, a salary of $140,684.81 is recommended to afford a $1,172.37 monthly payment in the example loan modeled above. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Southern Methodist University in the future? In the past five years, this school's published in-state tuition and fee total rose from $28,630 to $39,430. This amounts to an average annual price increase of 7.5%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you can expect to pay for a 4 year degree at this school assuming tuition increases along at the national average rate. Estimated future prices are based on the current 4 year cost of $224,356.00. Use our college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Southern Methodist University.

  • Estimated Cost in 5 years for students enrolling in 2019 - Annual: $77,135, 4 Year Degree: $308,542
  • Estimated Cost in 10 years for students enrolling in 2024 - Annual: $98,447, 4 Year Degree: $393,786
  • Estimated Cost in 15 years for students enrolling in 2029 - Annual: $125,646, 4 Year Degree: $502,582
  • Estimated Cost in 18 years for students enrolling in 2032 - Annual: $145,450, 4 Year Degree: $581,802

Cost Per Credit Hour and Cost Per Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Southern Methodist University are as follows.

  • Price per credit hour: $1,462
  • Cost for one class (3 credit hours): $4,386
  • Cost for one class (4 credit hours): $5,848

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Tuition History

What was tuition at Southern Methodist University for the past five, ten, fifteen or twenty years? Looking at historical tuition increase rates may provide an indication as to expected increases in the future. Historical tuition and fees for all available data years back to 1987 follows.

  • 2010 - $35,160 Tuition and Fees. 6% Annual Increase
  • 2009 - $33,170 Tuition and Fees. 7.4% Annual Increase
  • 2008 - $30,880 Tuition and Fees. 7.9% Annual Increase
  • 2007 - $28,630 Tuition and Fees. 6.5% Annual Increase
  • 2006 - $26,880 Tuition and Fees. 6% Annual Increase
  • 2005 - $25,358 Tuition and Fees. 7.5% Annual Increase
  • 2004 - $23,588 Tuition and Fees. 7.5% Annual Increase
  • 2003 - $21,942 Tuition and Fees. 5.5% Annual Increase
  • 2002 - $20,796 Tuition and Fees. 6% Annual Increase
  • 2001 - $19,620 Tuition and Fees. 6% Annual Increase
  • 2000 - $18,510 Tuition and Fees. 5% Annual Increase
  • 1999 - $17,628 Tuition and Fees. 5% Annual Increase
  • 1998 - $16,790 Tuition and Fees. 5% Annual Increase
  • 1997 - $15,990 Tuition and Fees. 5% Annual Increase
  • 1996 - $15,228 Tuition and Fees. 5.8% Annual Increase
  • 1995 - $14,396 Tuition and Fees. 6% Annual Increase
  • 1994 - $13,580 Tuition and Fees. 7% Annual Increase
  • 1993 - $12,688 Tuition and Fees. 7.8% Annual Increase
  • 1992 - $11,768 Tuition and Fees. 8.5% Annual Increase
  • 1991 - $10,847 Tuition and Fees. 9.8% Annual Increase
  • 1990 - $9,880 Tuition and Fees. 9% Annual Increase
  • 1989 - $9,064 Tuition and Fees. 8% Annual Increase
  • 1988 - $8,392 Tuition and Fees. 6.5% Annual Increase
  • 1987 - $7,879 Tuition and Fees.

Cost for Popular Majors

Below are the most popular undergraduate areas of study at Southern Methodist University ranked by degrees conferred during the 2010/2011 academic year along with their estimated total program cost. Please consult the school's website for further information as actual costs for specific program may vary. Price estimates assume graduation in normal time. Our methodology for estimating these costs is a two or four year multiple of the current one year tuition and living cost of $56,089. Associates degrees are assumed to be completed in two years and bachelors degrees are assumed to take four years.

Area of Study Graduates Estimated Degree + Living Expense Cost
Finance, General Bachelor's Degree 147 $224,356
4 year cost
Marketing/Marketing Management, General Bachelor's Degree 81 $224,356
4 year cost
Accounting Bachelor's Degree 80 $224,356
4 year cost
Liberal Arts and Sciences, General Studies and Humanities, Other Bachelor's Degree 50 $224,356
4 year cost
Mechanical Engineering Bachelor's Degree 49 $224,356
4 year cost
Business Administration and Management, General Bachelor's Degree 36 $224,356
4 year cost
Film/Cinema/Video Studies Bachelor's Degree 31 $224,356
4 year cost
Operations Research Bachelor's Degree 27 $224,356
4 year cost
Art History, Criticism and Conservation Bachelor's Degree 24 $224,356
4 year cost
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 22 $224,356
4 year cost
Financial Planning and Services Bachelor's Degree 22 $224,356
4 year cost
Electrical and Electronics Engineering Bachelor's Degree 20 $224,356
4 year cost
Fine/Studio Arts, General Bachelor's Degree 16 $224,356
4 year cost
Spanish Language and Literature Bachelor's Degree 16 $224,356
4 year cost
Real Estate Bachelor's Degree 14 $224,356
4 year cost
Music Performance, General Bachelor's Degree 12 $224,356
4 year cost
Public Policy Analysis, General Bachelor's Degree 9 $224,356
4 year cost
Civil Engineering, General Bachelor's Degree 9 $224,356
4 year cost
Environmental/Environmental Health Engineering Bachelor's Degree 9 $224,356
4 year cost
Dance, General Bachelor's Degree 8 $224,356
4 year cost
Music, General Bachelor's Degree 8 $224,356
4 year cost
Environmental Studies Bachelor's Degree 8 $224,356
4 year cost
Chemistry, General Bachelor's Degree 8 $224,356
4 year cost
Music Teacher Education Bachelor's Degree 7 $224,356
4 year cost
Voice and Opera Bachelor's Degree 7 $224,356
4 year cost
International/Global Studies Bachelor's Degree 7 $224,356
4 year cost
Geology/Earth Science, General Bachelor's Degree 7 $224,356
4 year cost
Psychology, General Bachelor's Degree 6 $224,356
4 year cost
Anthropology Bachelor's Degree 6 $224,356
4 year cost
Economics, General Bachelor's Degree 6 $224,356
4 year cost
Insurance Bachelor's Degree 6 $224,356
4 year cost
French Language and Literature Bachelor's Degree 6 $224,356
4 year cost
Philosophy Bachelor's Degree 6 $224,356
4 year cost
Computer Engineering, General Bachelor's Degree 5 $224,356
4 year cost
General Studies Bachelor's Degree 5 $224,356
4 year cost
Humanities/Humanistic Studies Bachelor's Degree 5 $224,356
4 year cost
Biochemistry Bachelor's Degree 5 $224,356
4 year cost
Religion/Religious Studies Bachelor's Degree 5 $224,356
4 year cost
Physics, General Bachelor's Degree 4 $224,356
4 year cost
Social Sciences, General Bachelor's Degree 4 $224,356
4 year cost
German Language and Literature Bachelor's Degree 4 $224,356
4 year cost
English Language and Literature, General Bachelor's Degree 4 $224,356
4 year cost
Geophysics and Seismology Bachelor's Degree 3 $224,356
4 year cost
Political Science and Government, General Bachelor's Degree 3 $224,356
4 year cost
Keyboard Instruments Bachelor's Degree 3 $224,356
4 year cost
Biology/Biological Sciences, General Bachelor's Degree 3 $224,356
4 year cost
Sport and Fitness Administration/Management Bachelor's Degree 3 $224,356
4 year cost
History, General Bachelor's Degree 2 $224,356
4 year cost
Music Theory and Composition Bachelor's Degree 2 $224,356
4 year cost
Music Therapy/Therapist Bachelor's Degree 2 $224,356
4 year cost
Mathematics, General Bachelor's Degree 2 $224,356
4 year cost
Hispanic-American, Puerto Rican, and Mexican-American/Chicano Studies Bachelor's Degree 1 $224,356
4 year cost
Journalism Bachelor's Degree 1 $224,356
4 year cost
Public Relations/Image Management Bachelor's Degree 1 $224,356
4 year cost
Advertising Bachelor's Degree 1 $224,356
4 year cost
Computer Science Bachelor's Degree 1 $224,356
4 year cost
Engineering, General Bachelor's Degree 1 $224,356
4 year cost
Econometrics and Quantitative Economics Bachelor's Degree 1 $224,356
4 year cost
Sociology Bachelor's Degree 1 $224,356
4 year cost
Italian Language and Literature Bachelor's Degree 1 $224,356
4 year cost
Creative Writing Bachelor's Degree 1 $224,356
4 year cost
Statistics, General Bachelor's Degree 1 $224,356
4 year cost
Latin American Studies Bachelor's Degree 1 $224,356
4 year cost
Italian Studies Bachelor's Degree 1 $224,356
4 year cost
African-American/Black Studies Bachelor's Degree 1 $224,356
4 year cost

About Southern Methodist University

Southern Methodist University is a four year private college located in Dallas, Texas.  The school is affiliated with the United Methodist faith.  Full time enrollment is 8,378 and part time is 2,604.  For the 2011/2012 school year, the school received 11,217 applicants. 6,031 were admitted and 1,426 enrolled.

Students attending this school may pursue both undergraduate and graduate degrees.

Learn more about Southern Methodist University at CollegeSimply.

  • Address
  • Southern Methodist University
  • 6425 Boaz St
  • Dallas, Texas
  • 75275-0221

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Calculators

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Student Loan Calculator

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