Southern Methodist University (228246)

www.smu.edu

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2023 Undergraduate Tuition

$57,212

4% growth from 2022

2023 Average Net Price

$45,792

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

61.2%

15,092 Applicants

2023 Enrolled Students

11,842

79% Full-Time

2023 Graduation Rate

83.3%

1,183 Graduates

About

Southern Methodist University (228246) is a higher education institution located in Dallas County, TX. In 2023, the most popular Masters Degree concentrations at Southern Methodist University (228246) were Management Science (690 degrees awarded), Data Science, General (91 degrees), and Other Education (88 degrees).

In 2023, 4,421 degrees were awarded across all undergraduate and graduate programs at Southern Methodist University (228246). 48.5% of these degrees were awarded to women, and 51.5% awarded men. The most common race/ethnicity group of degree recipients was white (2,567 degrees), 4.61 times more than then the next closest race/ethnicity group, hispanic or latino (557 degrees).

The median undergraduate tuition at Southern Methodist University (228246) is $57,212, which is $26,209 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Southern Methodist University (228246) was 0%, corresponding to 0 out of the 1,354 total borrowers.

Photo by Roy Luck

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Southern Methodist University (228246) is $57,212, which is $26,209 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $45,792.

In 2023, 70% of undergraduate students attending Southern Methodist University (228246) received financial aid through grants. Comparatively, 22% of undergraduate students received financial aid through loans.

Tuition Costs

$57,212

2023 Undergraduate Tuition

In 2023, the cost of tuition at Southern Methodist University (228246) was $57,212. The cost of tuition at Southern Methodist University (228246) is $26,209 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of Southern Methodist University (228246) (in red) with those of other similar universities.

Average Net Price

$45,792

2023 Value

1.55%

1 Year Growth

In 2023 Southern Methodist University (228246) had an average net price — the price paid after factoring in grants and loans — of $45,792. Between 2022 and 2023, the average net price of Southern Methodist University (228246) grew by 1.55%.

This chart compares the average net price of Southern Methodist University (228246) (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$13,225

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Southern Methodist University (228246) was of $13,225 in 2023. The cost of room and board increased by 1.19% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Southern Methodist University (228246) (in red) with that of similar universities.

Financial Aid by Income Level

70%

Undergraduates Receiving Financial Aid through Grants

22%

Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at Southern Methodist University (228246) received financial aid through grants or loans in 2023. This represents a decline of 2.78% with respect to 2022, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Southern Methodist University (228246) (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Southern Methodist University (228246) was 0%, which represents 0 out of the 1354 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Southern Methodist University (228246) received 15,092 undergraduate applications in 2023, which represents a 6.55% annual growth. Out of those 15,092 applicants, 9,240 students were accepted for enrollment, representing a 61.2% acceptance rate.

There were 11,842 students enrolled at Southern Methodist University (228246) in 2023. 17% of first-time enrollees submitted SAT scores with their applications.

Southern Methodist University (228246) has an overall enrollment yield of 17.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

61.2%

Acceptance Rate in 2023

9,240

Accepted Out of 15,092

In 2023, the undergraduate acceptance rate of Southern Methodist University (228246) was 61.2% (9,240 admissions from 15,092 applications). This is higher than the acceptance rate of 2022, which was 52.3%. Between 2022 and 2023, the number of applicants declined by 6.55%, while admissions grew by 9.49%.

This chart compares the acceptance rate of Southern Methodist University (228246) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

17%

Submission Percentage (2023)

264

Scores Submitted (2023)

17% of enrolled first-time students at Southern Methodist University (228246) in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Southern Methodist University (228246) had a total enrollment of 11,842 students in 2023. The full-time enrollment at Southern Methodist University (228246) is 9,360 students and the part-time enrollment is 2,482. This means that 79% of students enrolled at Southern Methodist University (228246) are enrolled full-time.

The enrolled student population at Southern Methodist University (228246), both undergraduate and graduate, is 54% White, 15.1% Hispanic or Latino, 8.03% Asian, 7.63% Black or African American, 3.97% Two or More Races, 0.296% American Indian or Alaska Native, and 0.0844% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Southern Methodist University (228246) in full-time Undergraduate programs are most commonly White Female (29.8%), followed by White Male (29.6%) and Hispanic or Latino Female (8.22%). Students enrolled in full-time Graduate programs are most commonly White Female (25.4%), followed by White Male (23.6%) and Hispanic or Latino Female (6.19%).

Full-Time vs Part-Time Enrollment

79%

Full-Time Enrollment

The total enrollment at Southern Methodist University (228246) in 2023, both undergraduate and graduate, is 11,842 students. The full-time enrollment at Southern Methodist University (228246) is 9,360 and the part-time enrollment is 2,482. This means that 79% of students enrolled at Southern Methodist University (228246) are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Southern Methodist University (228246) (in red) compares to similar universities.

Retention Rate over Time

90%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Southern Methodist University (228246) was 90%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Southern Methodist University (228246) had a retention rate higher than its peers.

This chart shows the retention rate over time at Southern Methodist University (228246) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
6,395 enrolled students
Hispanic or Latino
1,786 enrolled students
Asian
951 enrolled students

The enrolled student population at Southern Methodist University (228246) is 54% White, 15.1% Hispanic or Latino, 8.03% Asian, 7.63% Black or African American, 3.97% Two or More Races, 0.296% American Indian or Alaska Native, and 0.0844% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 284 students (2.4%) did not report their race.

Graduates

In 2023, 129 fewer women than men received degrees from Southern Methodist University (228246). The most common race/ethnicity group of degree recipients at Southern Methodist University (228246) is white (2,567 degrees awarded). There were 4.61 times more white recipients than the next closest race/ethnicity group, hispanic or latino (557 degrees).

The most common Masters Degree concentration at Southern Methodist University (228246) is Management Science (690 degrees awarded), followed by Data Science, General (91 degrees) and Other Education (88 degrees).

In 2023, the most specialized majors across all degree types at Southern Methodist University (228246), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (97 degrees awarded), Legal (260 degrees), and Math & Statistics (184 degrees).

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Southern Methodist University (228246) are Clergy (82,182 people), Secondary school teachers (78,067 people), Other managers (70,329 people), Elementary & middle school teachers (67,111 people), and Software developers (64,323 people).

The most specialized majors at Southern Methodist University (228246) in 2023 are Communication Technologies (97 degrees awarded), Legal (260 degrees), Math & Statistics (184 degrees), Theology (64 degrees), and Parks, Recreation, & Leisure (145 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Southern Methodist University (228246) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Southern Methodist University (228246) are Communication Technologies (97 degrees awarded), Legal (260 degrees), Math & Statistics (184 degrees), Theology (64 degrees), and Parks, Recreation, & Leisure (145 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Southern Methodist University (228246) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Southern Methodist University (228246).

Most Common (2023)

General Finance
325 degrees awarded
General Economics
139 degrees awarded
General Psychology
123 degrees awarded

In 2023, the most common bachelors degree concentration at Southern Methodist University (228246) was General Finance with 325 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Southern Methodist University (228246) according to their major.

Sex Breakdown for Common Majors

2,275

Degrees Awarded to Men

in 2023

2,146

Degrees Awarded to Women

in 2023

In 2023, 2,275 degrees were awarded to men at Southern Methodist University (228246), which is 1.06 times more than the number of degrees awarded to females (2,146).

This chart displays the sex disparity between the top 5 majors at Southern Methodist University (228246) by degrees awarded.

Most Common Male Majors

In 2023, 436 degrees were awarded to men at Southern Methodist University (228246) in Management Science, which is 1.57 times more than the 277 female recipients with that same degree.

Most Common Female Majors

In 2023, 277 degrees were awarded to men at Southern Methodist University (228246) in Management Science, which is 0.635 times less than the 436 male recipients with that same degree.

Time to Complete

75%

100% Completion Time

82%

150% Completion Time

In 2023, 75% of students graduating from Southern Methodist University (228246) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 83% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Southern Methodist University (228246) is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
2,567 degrees awarded
Hispanic or Latino
557 degrees awarded
Asian
359 degrees awarded

The most common race/ethnicity at Southern Methodist University (228246) is white (2,567 degrees awarded). There were 4.61 times more white recipients than the next closest race/ethnicity group, hispanic or latino (557 degrees).

0.95% of degree recipients (42 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
1,351 degrees awarded
White Female
1,216 degrees awarded
Hispanic or Latino Female
308 degrees awarded

The most common race/ethnicity and sex grouping at Southern Methodist University (228246) is white male (1,351 degrees awarded). There were 1.11 times more white male recipients than the next closest race/ethnicity group, white female (1,216 degrees).

Operations

Southern Methodist University (228246) has an endowment valued at nearly $2.02B, as of the end of the 2023 fiscal year. The return on its endowment was of 54.2M (2.68%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Southern Methodist University (228246) had a total salary expenditure of 674M. Southern Methodist University (228246) employs 206 Professors, 156 Instructors and 150 Lecturers. Most academics at Southern Methodist University (228246) are Male Professor (155), Female Lecturer (96), and Male Associate professor (87).

The most common positions for non-instructional staff at Southern Methodist University (228246) are: Management, with 811 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 171 employees, and Office and Administrative Support with 166 employees.

Endowment

$2.02B

2023 Endowment

0.0817%

growth from 2022

Southern Methodist University (228246) has an endowment valued at about $2.02B, as of the end of the 2023 fiscal year. The endowment of Southern Methodist University (228246) grew 0.0817% from the previous year. The value of their endowment was $1.59B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Southern Methodist University (228246) (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$24.1M - Federal
$426k - State
$815k - Local

As of 2023, Southern Methodist University (228246) received $24.1M in grants and contracts from the federal government, $426k from state grants and contracts, and $815k from local grants and contracts.

Salary Expenditure

$292M

2023 Salaries

3.81%

growth from 2022

In 2023, Southern Methodist University (228246) paid a median of $292M in salaries, which represents 43.3% of their overall expenditure ($674M) and a 3.81% growth from the previous year. This is compared to a 1.5% growth between 2021 and 2022, and a 3.4% growth between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$96.7M

Instructional Salaries

750

Number of Employees

In 2023, Southern Methodist University (228246) paid a total of $96.7M to 750 employees working as instructors, which represents 33.1% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

206 Employees

Management

Most Common Non-Instructional Employee

811 Employees

In 2023, the most common positions for instructional staff at Southern Methodist University (228246) were Professor with 206 employees, Instructor with 156 employees, and Lecturer with 150 employees.

In 2023, the most common positions for non-instructional staff at Southern Methodist University (228246) were Management with 811 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 171 employees, and Office and Administrative Support with 166 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Lecturer
Male Associate professor

In 2023, the most common demographic for instructional staff at Southern Methodist University (228246) was Male Professor with 155 employees, Female Lecturer with 96 employees, and Male Associate professor with 87 employees.

This chart shows the sex split between each academic rank present at Southern Methodist University (228246).

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