Southern Methodist University (228246)

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2022 Undergraduate Tuition
$55,012
2.9% growth from 2021
2022 Average Net Price
$45,094
After Financial Aid
2019 Default Rate
1.15%
on Student Loans
2022 Acceptance Rate
52.3%
16,150 Applicants
2022 Enrolled Students
12,053
77% Full-Time
2022 Graduation Rate
82.3%
1,252 Graduates

About

Southern Methodist University (228246) is a higher education institution located in Dallas County, TX. In 2022, the most popular Masters Degree concentrations at Southern Methodist University (228246) were Management Science (501 degrees awarded), Other Education (128 degrees), and Information Science (89 degrees).

In 2022, 4,362 degrees were awarded across all undergraduate and graduate programs at Southern Methodist University (228246). 49.9% of these degrees were awarded to women, and 50.1% awarded men. The most common race/ethnicity group of degree recipients was white (2,531 degrees), 4.55 times more than then the next closest race/ethnicity group, hispanic or latino (556 degrees).

The median undergraduate tuition at Southern Methodist University (228246) is $55,012, which is $24,862 more than the national average for Doctoral Universities ($30,150).

Costs

In 2022, the median undergraduate tuition at Southern Methodist University (228246) is $55,012, which is $24,862 more than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $45,094.

In 2022, 72% 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

$55,012
2022 Undergraduate Tuition

In 2022, the cost of tuition at Southern Methodist University (228246) was $55,012. The cost of tuition at Southern Methodist University (228246) is $24,862 more than than the overall (public and private) national average for Doctoral Universities ($30,150).

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Average Net Price

$45,094
2022 Value
7.4%
1 Year Growth

In 2022 Southern Methodist University (228246) had an average net price — the price paid after factoring in grants and loans — of $45,094. Between 2021 and 2022, the average net price of Southern Methodist University (228246) grew by 7.4%.

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.

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Other Student Expenses

$13,069
Room and Board
$800
Books and Supplies

The average yearly cost of room and board at Southern Methodist University (228246) was of $13,069 in 2022. The cost of room and board increased by 1.27% between 2021 and 2022.

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.

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Financial Aid by Income Level

72%
Undergraduates Receiving Financial Aid through Grants
22%
Undergraduates Receiving Financial Aid through Loans

72% of undergraduate students at Southern Methodist University (228246) received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, 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.

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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.
1.15%
2019 Default Rate
17
Number of Defaults

In 2019 the default rate for borrower's at Southern Methodist University (228246) was 1.15%, which represents 17 out of the 1478 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 (228246) received 16,150 undergraduate applications in 2022, which represents a 2.96% annual growth. Out of those 16,150 applicants, 8,439 students were accepted for enrollment, representing a 52.3% acceptance rate.

There were 12,053 students enrolled at Southern Methodist University (228246) in 2022. 17% of first-time enrollees submitted SAT scores with their applications.

Southern Methodist University (228246) has an overall enrollment yield of 19.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

52.3%
Acceptance Rate in 2022
8,439
Accepted Out of 16,150

In 2022, the undergraduate acceptance rate of Southern Methodist University (228246) was 52.3% (8,439 admissions from 16,150 applications). This is lower than the acceptance rate of 2021, which was 53.1%. Between 2021 and 2022, the number of applicants grew by 2.96%, while admissions grew by 1.27%..

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.

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SAT Scores

17%
Submission Percentage (2022)
272
Scores Submitted (2022)

17% of enrolled first-time students at Southern Methodist University (228246) in 2022 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.

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Enrollment

Southern Methodist University (228246) had a total enrollment of 12,053 students in 2022. The full-time enrollment at Southern Methodist University (228246) is 9,284 students and the part-time enrollment is 2,769. This means that 77% 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 56.6% White, 13.9% Hispanic or Latino, 7.96% Asian, 7.02% Black or African American, 3.87% Two or More Races, 0.224% American Indian or Alaska Native, and 0.0664% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Southern Methodist University (228246) in full-time Undergraduate programs are most commonly White Female (30.4%), followed by White Male (30.2%) and Hispanic or Latino Female (7.65%). Students enrolled in full-time Graduate programs are most commonly White Female (26.2%), followed by White Male (24.3%) and Hispanic or Latino Female (6.41%).

Full-Time vs Part-Time Enrollment

77%
Full-Time Enrollment

The total enrollment at Southern Methodist University (228246) in 2022, both undergraduate and graduate, is 12,053 students. The full-time enrollment at Southern Methodist University (228246) is 9,284 and the part-time enrollment is 2,769. This means that 77% of students enrolled at Southern Methodist University (228246) are enrolled full-time compared with 77.4% 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.

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Retention Rate over Time

90%
2022 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    6,824 enrolled students
  2. Hispanic or Latino
    1,680 enrolled students
  3. Asian
    960 enrolled students

The enrolled student population at Southern Methodist University (228246) is 56.6% White, 13.9% Hispanic or Latino, 7.96% Asian, 7.02% Black or African American, 3.87% Two or More Races, 0.224% American Indian or Alaska Native, and 0.0664% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 235 students (1.95%) did not report their race.

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Graduates

In 2022, 12 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 (2,531 degrees awarded). There were 4.55 times more white recipients than the next closest race/ethnicity group, hispanic or latino (556 degrees).

The most common Masters Degree concentration at Southern Methodist University (228246) is Management Science (501 degrees awarded), followed by Other Education (128 degrees) and Information Science (89 degrees).

In 2022,  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 (80 degrees awarded), Legal (327 degrees), and Math & Statistics (242 degrees).

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 (228246) are Clergy (81,652 people), Elementary & middle school teachers (71,197 people), Secondary school teachers (70,921 people), Other managers (68,627 people), and Postsecondary teachers (61,610 people).

The most specialized majors at Southern Methodist University (228246) in 2022 are Communication Technologies (80 degrees awarded), Legal (327 degrees), Math & Statistics (242 degrees), Theology (93 degrees), and Parks, Recreation, & Leisure (133 degrees) (as of 2022).

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Highest Paying Jobs by Major

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, Securities, commodities, & financial services sales agents, Physicians, Cardiovascular technologists and technicians, and Chief executives & legislators

The most specialized majors at Southern Methodist University (228246) are Communication Technologies (80 degrees awarded), Legal (327 degrees), Math & Statistics (242 degrees), Theology (93 degrees), and Parks, Recreation, & Leisure (133 degrees) (as of 2022).

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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 (228246) are Elementary & secondary schools (191,825 people), Colleges, universities & professional schools, including junior colleges (121,457 people), Computer Systems Design (93,278 people), Religious organizations (92,955 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (86,926 people).

The most specialized majors at Southern Methodist University (228246) are Communication Technologies (80 degrees awarded), Legal (327 degrees), Math & Statistics (242 degrees), Theology (93 degrees), and Parks, Recreation, & Leisure (133 degrees) (as of 2022).

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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 (2022)
  1. 285 degrees awarded
  2. 160 degrees awarded
  3. 103 degrees awarded

In 2022, the most common bachelors degree concentration at Southern Methodist University (228246) was General Finance with 285 degrees awarded.

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

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Sex Breakdown for Common Majors

2,187
Degrees Awarded to Men
in 2022
2,175
Degrees Awarded to Women
in 2022

In 2022, 2,187 degrees were awarded to men at Southern Methodist University (228246), which is 1.01 times more than the number of degrees awarded to females (2,175).

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

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Most Common Male Majors

In 2022, 300 degrees were awarded to men at Southern Methodist University (228246) in Management Science, which is 1.46 times more than the 206 female recipients with that same degree.

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Most Common Female Majors

In 2022, 206 degrees were awarded to men at Southern Methodist University (228246) in Management Science, which is 0.687 times less than the 300 male recipients with that same degree.

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Time to Complete

73%
100% Completion Time
81%
150% Completion Time

In 2022, 73% 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, 81% completed their degrees within 150% of the normal time, and 82% 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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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 2022 at Southern Methodist University (228246) is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

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, 0.319% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    2,531 degrees awarded
  2. Hispanic or Latino
    556 degrees awarded
  3. Asian
    333 degrees awarded

The most common race/ethnicity at Southern Methodist University (228246) is white (2,531 degrees awarded). There were 4.55 times more white recipients than the next closest race/ethnicity group, hispanic or latino (556 degrees).

0.963% of degree recipients (42 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    1,268 degrees awarded
  2. White Female
    1,263 degrees awarded
  3. Hispanic or Latino Female
    315 degrees awarded

The most common race/ethnicity and sex grouping at Southern Methodist University (228246) is white male (1,268 degrees awarded). There were 1 times more white male recipients than the next closest race/ethnicity group, white female (1263 degrees).

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Operations

Southern Methodist University (228246) has an endowment valued at nearly $2.02B, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−2.27%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Southern Methodist University (228246) had a total salary expenditure of 607M. Southern Methodist University (228246) employs 213 Professors, 152 Lecturers and 145 Associate professors. Most academics at Southern Methodist University (228246) are Male Professor (159), Female Lecturer (98), and Male Associate professor (92).

The most common positions for non-instructional staff at Southern Methodist University (228246) are: Management, with 763 employees, Office and Administrative Support, with 164 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 155 employees.

Endowment

$2.02B
2022 Endowment
2.28%
decline from 2021

Southern Methodist University (228246) has an endowment valued at about $2.02B, as of the end of the 2022 fiscal year. The endowment of Southern Methodist University (228246) declined 2.28% from the previous year. The value of their endowment was $1.65B 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.

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Government Grants and Contracts

Grants & Contracts
  1. $36.7M - Federal
  2. $422k - State
  3. $767k - Local

As of 2022, Southern Methodist University (228246) received $36.7M in grants and contracts from the federal government, $422k from state grants and contracts, and $767k from local grants and contracts.

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Salary Expenditure

$281M
2022 Salaries
1.5%
growth from 2021

In 2022, Southern Methodist University (228246) paid a median of $281M in salaries, which represents 46.3% of their overall expenditure ($607M) and a 1.5% growth from the previous year.

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

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Instructional Salaries

$92.5M
Instructional Salaries
743
Number of Employees

In 2022, Southern Methodist University (228246) paid a total of $92.5M to 743 employees working as instructors, which represents 32.9% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
213 Employees
Management
Most Common Non-Instructional Employee
763 Employees

In 2022, the most common positions for instructional staff at Southern Methodist University (228246) were Professor with 213 employees, Lecturer with 152 employees, and Associate professor with 145 employees.

In 2022, the most common positions for non-instructional staff at Southern Methodist University (228246) were Management with 763 employees, Office and Administrative Support with 164 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 155 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Female Lecturer
  3. Male Associate professor

In 2022, the most common demographic for instructional staff at Southern Methodist University (228246) was Male Professor with 159 employees, Female Lecturer with 98 employees, and Male Associate professor with 92 employees.

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

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