Tuition and Budget
Tuition for the 2012-13 academic year will be determined during spring semester 2012 and will be for the standard two-semester (four module) version of the curriculum. MSF students are assessed a program/technology fee of $1,000 for the academic year. Tuition rates change annually and will be updated on this site. We do not offer specific scholarships or special financial aid packages; however, financing in the form of student loans may be available at http://smu.edu/Financial_Aid/.
Students who receive company reimbursement as well as those who receive other forms of financial aid are responsible for payment of their tuition by the specified due date. Your need for financial aid has no bearing on our admission decision. We evaluate your application without regard to financial need. Your eligibility for a particular form of financial aid is determined by a variety of factors including your citizenship status. Apply for financial aid early in the application process. Do not assume you will not be eligible for financial aid.
Your budget should include estimated tuition costs, fees, student health insurance, books and supplies, room and board (rent, utilities, etc.), and personal and miscellaneous expenses. An approximate budget that includes all costs of living in Dallas and attending the entire program might be as follows:
|Program Fee||$ 1,000|
|Student Living Expense||$ 14,300|
|Books and Supplies||$ 1,700|
|Health Insurance||$ 1,777|
|Other Expenses||$ 1,440|
|Total 9-month||$ 63,357|
*This estimated total is based on a nine-month school year for the 2012-13 academic year. The cost may be more or less depending on the student’s lifestyle, whether the student lives on-campus of off-campus, and whether any family members accompany the student.
Dallas Cost of Living
Based on the "ACCRA Cost of Living Index, 2010 Annual Average" Council for Community and Economic Research published January 2011, the Dallas Metro area cost of living index was 91.8 (with the US Metro Average = 100). Of the top 20 US metropolitan areas Dallas had the second lowest cost of living index (COLI) with St Louis being the lowest (90.4) and Manhattan being the highest (216.4).