SMU's tuition & fees has increased from $45,940 (2014) to $64,460 (2024), and the rate of tuition increase is 40.31% over the past 10 years. The graduate school tuition & fees has raised from $46,066 (year 2014) to $37,062 (year 2024).

SMU's tuition increase rate is higher than the Texas's average increase rate of 30.58%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.

Cost of Attendance (COA) Trends

The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 34.55% from 2014 ($63,985).

For the current academic year 2023-2024, SMU's COA is $86,090, which is increased by 3.56% from last year.

The following table and chart show changes to SMU's COA over the past 10 years.

Tuition & Fees Changes

The tuition & fees have increased 40.31% for the last 10 years , and the 2024 tuition & fees are $64,460. The following table and chart show the tuition & fees changes at Southern Methodist University over last the 10 years.

YearUndergraduateGraduateChange By Year
2014-15$45,940$46,066-
2015-16$48,190$46,3164.90%
2016-17$50,358$46,5604.50%
2017-18$52,498$46,8004.25%
2018-19$54,492$47,0243.80%
2019-20$56,560$47,2563.80%
2020-21$58,540$47,4783.50%
2021-22$60,236$35,8022.90%
2022-23$61,980$36,8642.90%
2023-24$64,460$37,0624.00%
Southern Methodist University Tuition & Fees Changes Chart

Books & Supplies Costs Changes

The cost of purchasing books & supplies which are required/recommended for courses $800, and it has not changed since 2014.

YearBooks & SuppliesChange by Year
2014-15$800-
2015-16$800
2016-17$800
2017-18$800
2018-19$800
2019-20$800
2020-21$800
2021-22$800
2022-23$800
2023-24$800

Living Costs Changes

The living costs including room, board, and other living expenses have increased 20.79% when a student lives on-campus facilities and 20.79% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Southern Methodist University.

YearLiving On CampusLiving Off CampusChange by Year
2014-15$17,245$11,300-
2015-16$18,175$11,3005.39%
2016-17$18,725$11,3003.03%
2017-18$19,110$11,3002.06%
2018-19$19,445$11,3001.75%
2019-20$19,350$11,300-0.49%
2020-21$19,710$11,3001.86%
2021-22$20,038$11,3001.66%
2022-23$20,350$11,3001.56%
2023-24$20,830$13,4082.36%

Compare Tuition Change to Similar Colleges

The following table compares 2024 tuition and increase rate from last year between Southern Methodist University and similar schools.

20242023Increase Rate
Southern Methodist University$64,460$61,9804.00%
University of Connecticut$43,034$42,1022.21%
University of Central Florida$22,467$22,467-
University of South Florida$17,324$17,324-
University of Houston$22,191$21,8911.37%
University of Cincinnati-Main Campus$28,240$27,6682.07%

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