| SMU Academic Aid |
|
- Not need-based
- Determined during the admission application process
- Departmental scholarship opportunities exist to new and continuing students.
- May be received for up to 5 semesters for transfer students and up to 8 semesters for first year students, or graduation, whichever comes first.
- Student must maintain required GPA for merit aid renewal.
|
| SMU Opportunity Award |
FAFSA and CSS PROFILE required |
- Need-based
- Must file the FAFSA and CSS Profile each academic year
- Award amount will vary from year to year based on the information received from the FAFSA and CSS Profile
- Award is NOT guaranteed each year
- Must maintain enrollment of 12 or more hours each term
- Incoming first year students may receive for a maximum of 8 regular (fall/spring) semesters or until graduation, whichever comes first
- Incoming transfer students may receive for a maximum of 5 regular (fall/spring) semesters or until graduation, whichever comes first
- If an incoming transfer student additionally qualifies for a merit-based scholarship, they may receive the SMU Opportunity Award for up to 6 regular (fall/spring) semesters or until graduation – whichever comes first
- If additional aid is received after the SMU Opportunity Award is initially calculated, the SMU Opportunity Award will be reduced.
- For example, if a student is determined to be eligible for a $20,000 SMU Opportunity Award, and Financial Aid Services is later informed they will be receiving a $10,000 scholarship from their academic department, the SMU Opportunity Award will be reduced by $10,000.
|
| Access SMU Scholarship |
FAFSA and CSS PROFILE required |
- Need-based
- Must file the FAFSA and CSS Profile each academic year
- Must be a Texas resident
- Must be receiving a merit-based scholarship
- Must be eligible to receive a Federal Pell Grant
- Award amount will vary from year to year based on the information received from the FAFSA and CSS Profile
- Award is NOT guaranteed each year
- Must maintain enrollment of 12 or more hours each term
- Incoming first year students may receive for a maximum of 8 regular (fall/spring) semesters or until graduation, whichever comes first
- If additional aid is received after the Access SMU Scholarship is initially calculated, the Access SMU Scholarship will be reduced.
- For example, if a student is determined to be eligible for a $20,000 Access SMU Scholarship, and Financial Aid Services is later informed they will be receiving a $10,000 scholarship from their academic department, the Access SMU Scholarship will be reduced by $10,000.
|
| SMU Family Assistance Loan |
|
- Eligibility is based upon creditworthiness
- For additional information visit
|
