Southern Methodist University

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2020 Undergraduate Tuition
$51,958
3.5% growth from 2019
2020 Average Net Price
$41,444
After Financial Aid
2018 Student Loan
2.17%
Default Rate
2020 Acceptance Rate
52.7%
14,010 Applicants
2020 Enrolled Students
12,373
75.2% Full-Time
2020 Graduation Rate
81%
1,179 Graduates

About

Southern Methodist University is a higher education institution located in Dallas County, TX. In 2016, the most popular Bachelor's Degree concentrations at Southern Methodist University were General Finance (282 degrees awarded), General Economics (165 degrees), and General Mathematics (109 degrees).

In 2020, 4,112 degrees were awarded across all undergraduate and graduate programs at Southern Methodist University. 49.1% of these degrees were awarded to women, and 50.9% awarded men. The most common race/ethnicity group of degree recipients was white (2,286 degrees), 4.73 times more than then the next closest race/ethnicity group, hispanic or latino (483 degrees).

The median undergraduate tuition at Southern Methodist University is $51,958, which is $23,329 more than the national average for Doctoral Universities ($28,629).

Costs

The median undergraduate tuition at Southern Methodist University is $51,958, which is $23,329 more than the national average for Doctoral Universities ($28,629).

After taking grants and loans into account, the average net price for students is $41,444.

In 2020, 71% of undergraduate students received federal grants, while 21% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$51,958
2020 Undergraduate Tuition

In 2020, the cost of tuition at Southern Methodist University was $51,958. The cost of tuition at Southern Methodist University is $23,329 more than than the overall (public and private) national average for Doctoral Universities ($28,629).

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

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Average Net Price

$41,444
2020 Value
2.57%
1 Year Growth

In 2020 Southern Methodist University had an average net price — the price paid after factoring in grants and loans — of $41,444. Between 2019 and 2020, the average net price of Southern Methodist University grew by 2.57%.

This chart compares the average net price of Southern Methodist University (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.

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Other Student Expenses

$12,725
Room and Board
$800
Books and Supplies

The average yearly cost of room and board at Southern Methodist University was of $12,725 in 2020. During the same period, the average yearly cost of books and supplies was $800. The cost of room and board decreased by 0.372% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

71%
Of Undergraduates Receive Grants
21%
Of Undergraduates Receive Federal Loans

71% of undergraduate students at Southern Methodist University received grants or loans in 2020. This represents a decline of 2.74% with respect to 2019, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Southern Methodist University (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.

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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.
2.17%
2018 Default Rate
34
Number of Defaults

In 2018 the default rate for borrower's at Southern Methodist University was 2.17%, which represents 34 out of the 1565 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.

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Admissions

Southern Methodist University received 14,010 undergraduate applications in 2020, which represents a 0.365% annual growth. Out of those 14,010 applicants, 7,379 students were accepted for enrollment, representing a 52.7% acceptance rate.

There were 12,373 students enrolled at Southern Methodist University in 2020, and 40% of first-time enrollees submitted SAT scores with their applications.

Southern Methodist University has an overall enrollment yield of 20.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

52.7%
Acceptance Rate in 2020
7,379
Accepted Out of 14,010

In 2020, the undergraduate acceptance rate of Southern Methodist University was 52.7% (7,379 admissions from 14,010 applications). This is higher than the acceptance rate of 2019, which was 47.3%. Between 2019 and 2020, the number of applicants grew by 0.365%, while admissions grew by 11.8%.

This chart compares the acceptance rate of Southern Methodist University (in red) with that of other similar universities.

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SAT Scores

40%
Submission Percentage
605
Scores Submitted

40% of enrolled first-time students at Southern Methodist University in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Southern Methodist University has a total enrollment of 12,373 students. The full-time enrollment at Southern Methodist University is 9,304 students and the part-time enrollment is 3,069. This means that 75.2% of students enrolled at Southern Methodist University are enrolled full-time.

The enrolled student population at Southern Methodist University, both undergraduate and graduate, is 58.4% White, 13.1% Hispanic or Latino, 7.51% Asian, 6.91% Black or African American, 3.65% Two or More Races, 0.194% American Indian or Alaska Native, and 0.0727% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Southern Methodist University in full-time Undergraduate programs are most commonly White Male (33.1%), followed by White Female (30.9%) and Hispanic or Latino Female (6.54%). Students enrolled in full-time Graduate programs are most commonly White Male (28.9%), followed by White Female (26.1%) and Hispanic or Latino Female (6.44%).

Full-Time vs Part-Time Enrollment

75.2%
Full-Time Enrollment

The total enrollment at Southern Methodist University, both undergraduate and graduate, is 12,373 students. The full-time enrollment at Southern Methodist University is 9,304 and the part-time enrollment is 3,069. This means that 75.2% of students enrolled at Southern Methodist University are enrolled full-time compared with 76.4% at similar Doctoral Universities.

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

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Retention Rate over Time

90%
2020 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 was 90%. Compared with the full-time retention rate at similar Doctoral Universities (84.5%), Southern Methodist University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    7,226
  2. Hispanic or Latino
    1,618
  3. Asian
    929

The enrolled student population at Southern Methodist University is 58.4% White, 13.1% Hispanic or Latino, 7.51% Asian, 6.91% Black or African American, 3.65% Two or More Races, 0.194% American Indian or Alaska Native, and 0.0727% 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 49.8% White, 15.1% Hispanic or Latino, and 9.74% 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, 143 students (1.16%) did not report their race.

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Graduates

In 2020, 76 fewer women than men received degrees from Southern Methodist University. The most common race/ethnicity group of degree recipients at Southern Methodist University is white (2,286 degrees awarded). There were 4.73 times more white graduates than the next closest race/ethnicity group, hispanic or latino (483 degrees).

The most common Bachelor's Degree concentration at Southern Methodist University is General Finance (282 degrees awarded), followed by General Economics (165 degrees) and General Mathematics (109 degrees).

The most specialized majors across all degree types at Southern Methodist University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Math & Statistics (240 degrees awarded), Communication Technologies (67 degrees), and Legal (251 degrees).

Workforce

Common Jobs by Major

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 are Clergy (113,008 people), Postsecondary teachers (68,287 people), Software developers (63,944 people), Secondary school teachers (59,968 people), and Other managers (51,265 people).

The most specialized majors at Southern Methodist University are Math & Statistics (240 degrees awarded), Communication Technologies (67 degrees), Legal (251 degrees), Philosophy and Religious Studies (36 degrees), and Theology (51 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Southern Methodist University are Securities, commodities, & financial services sales agents, Surgeons, Other financial specialists, Physicians, and Chief executives & legislators

The most specialized majors at Southern Methodist University are Math & Statistics (240 degrees awarded), Communication Technologies (67 degrees), Legal (251 degrees), Philosophy and Religious Studies (36 degrees), and Theology (51 degrees).

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Common Industries by Major

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 are Elementary & secondary schools (132,054 people), Religious organizations (123,969 people), Colleges, universities & professional schools, including junior colleges (111,935 people), Computer Systems Design (84,760 people), and Legal services (49,676 people).

The most specialized majors at Southern Methodist University are Math & Statistics (240 degrees awarded), Communication Technologies (67 degrees), Legal (251 degrees), Philosophy and Religious Studies (36 degrees), and Theology (51 degrees).

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Degrees

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.
Most Common
  1. 282 degree-majorss awarded
  2. 165 degree-majorss awarded
  3. 109 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Southern Methodist University was General Finance with 282 degrees awarded.

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

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Sex Breakdown for Common Majors

2,094
Degrees Awarded to Men
in 2020
2,018
Degrees Awarded to Women
in 2020

In 2020, 2,094 degrees were awarded to men at Southern Methodist University, which is 1.04 times more than the number of degrees awarded to females (2,018).

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

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Most Common Male Majors

In 2020, 266 degrees were awarded to men at Southern Methodist University in General Finance, which is 2.27 times more than the 117 female recipients with that same degree.

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Most Common Female Majors

In 2020, 117 degrees were awarded to women at Southern Methodist University in General Finance, which is 0.44 times less than the 266 male recipients with that same degree.

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Time to Complete

68%
100% Completion Time
78%
150% Completion Time

In 2020, 68% of students graduating from Southern Methodist University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 78% completed their degrees within 150% of the normal time, and 79% 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (85.1%)

The student demographic with the highest graduation rate at Southern Methodist University is Female and White (85.1% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    2,286 degrees awarded
  2. Hispanic or Latino
    483 degrees awarded
  3. Asian
    295 degrees awarded

The most common race/ethnicity at Southern Methodist University is white (2,286 degrees awarded). There were 4.73 times more white recipients than the next closest race/ethnicity group, hispanic or latino (483 degrees).

0.268% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    1,166 degrees awarded
  2. White Female
    1,120 degrees awarded
  3. Hispanic or Latino Female
    267 degrees awarded

The most common race/ethnicity and sex grouping at Southern Methodist University is white male (1,166 degrees awarded). There were 1.04 times more white male recipients than the next closest race/ethnicity group, white female (1,120 degrees).

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Operations

Southern Methodist University has an endowment valued at nearly $1.61B, as of the end of the 2020 fiscal year. The return on its endowment was of $39.1M (2.42%), compared to the 3.48% average return ($10.5M on $302M) across all Doctoral Universities.

In 2020, Southern Methodist University had a total salary expenditure of $616M. Southern Methodist University employs 217 Professors, 158 Associate professors, and 143 Lecturers. Most academics at Southern Methodist University are Male Professors (169), Male Associate professors(104), and Female Lecturers (91).

The most common positions for non-instructional staff at Southern Methodist University are: Management, with 735 employees, Office and Administrative Support, with 187 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 157 employees.

Finances

Endowment

$1.61B
2020 Endowment
0.423%
growth from 2019

Southern Methodist University has an endowment valued at about $1.61B, as of the end of the 2020 fiscal year. The endowment of Southern Methodist University grew 0.423% from the previous year. The value of their endowment was $1.31B 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 (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.

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Government Grants and Contracts

Grants & Contracts
  1. $27.3M - Federal
  2. $4.71M - State
  3. $820k - Local

As of 2020, Southern Methodist University received $27.3M in grants and contracts from the federal government, $4.71M from state grants and contracts, and $820k from local grants and contracts.

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Expenses

Salary Expenditure

$268M
2020 Salaries
1.89%
growth from 2019

In 2020, Southern Methodist University paid a median of $268M in salaries, which represents 43.5% of their overall expenditure ($616M) and a 1.89% growth from the previous year. This is compared to a 4.35% growth from 2018 and a 5.32% growth from 2017.

The median for similar Doctoral Universities is 238M (43% of overall expenditures).

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Instructional Salaries

$92.3M
Instructional Salaries
767
Number of Employees

In 2020, Southern Methodist University paid a total of $92.3M to 767 employees working as instructors, which represents 34.4% of all salaries paid.

This is compared to a median of $69.9M (29.4%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
217 Employees
Management
Most Common Non-Instructional Employee
735 Employees

In 2020, the most common positions for instructional staff at Southern Methodist University were Professor with 217 employees; Associate professor with 158 employees; and Associate professor with 143 employees.

In 2020, the most common positions for non-instructional staff at Southern Methodist University were Management with 735 employees; Office and Administrative Support with 187 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 157 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Male Associate professor
  3. Female Lecturer

In 2020, the most common demographic for instructional staff at Southern Methodist University was Male Professor with 169 employees, Male Associate professor with 104 employees, and Female Lecturer with 91 employees.

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

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