Full Cost of Attendance

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Full Cost of Attendance
SMU provides scholarships up to the full cost-of-attendance for all student-athletes. Each school's financial-aid office, not its athletics department, uses a federal formula to set the cost-of-attendance figure for the school year. Using those guidelines, SMU’s Financial Aid Office has set the figure at $2,676 annually for full-scholarship student-athletes. That figure represents the gap between last year’s full scholarship amount and full cost of attendance at SMU. Students may qualify for additional support based upon individual needs. For example, students with significant demonstrated need are eligible for a Pell grant in the amount of $5,775 per academic year.
These figures do not include or take into account other distributions that SMU student-athletes may receive, such as off-campus stipends, which are provided to upperclassmen who, as the term would indicate, live off-campus after two years of on-campus residency. Those stipends are currently valued at $15,650 per academic year (fall and spring semesters).
Full Cost of Attendance
SMU provides scholarships up to the full cost-of-attendance for all student-athletes. Each school's financial-aid office, not its athletics department, uses a federal formula to set the cost-of-attendance figure for the school year. Using those guidelines, SMU’s Financial Aid Office has set the figure at $2,676 annually for full-scholarship student-athletes. That figure represents the gap between last year’s full scholarship amount and full cost of attendance at SMU. Students may qualify for additional support based upon individual needs. For example, students with significant demonstrated need are eligible for a Pell grant in the amount of $5,775 per academic year.
These figures do not include or take into account other distributions that SMU student-athletes may receive, such as off-campus stipends, which are provided to upperclassmen who, as the term would indicate, live off-campus after two years of on-campus residency. Those stipends are currently valued at $15,650 per academic year (fall and spring semesters).