Tuition Equalization Grant (TEG)

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Find out if you qualify for this Texas grant program to help pay for your education at SMU.

What is the TEG?

The Tuition Equalization Grant is a state-funded grant that helps students attend private colleges and universities in Texas. Since it is a grant and not a loan, it does not need to be repaid.

Who is eligible?

To qualify you must:

  • Meet Texas residency requirements (verified through the TXCORE form)
  • Demonstrate financial need
  • Enroll as a degree-seeking student at an eligible Texas institution
  • Enroll in at least 9 credit hours as an undergraduate or 7 as a graduate student
  • Not receive athletic scholarships
  • Be registered for Selective Service (unless exempt)

What is the award amount?

For the 2025-2026 academic year:

  • Undergraduate and graduate students with financial need and a Student Aid Index below 24,200: $3,873
  • Undergraduate students with financial need and a Student Aid Index below 3,698: up to $5,810 (depending on funds available)

Which degree programs qualify?

The TEG supports most degree programs at private Texas institutions, including:

  • Bachelor's degrees
  • Master's degrees
  • Doctoral degrees

Note: Theology programs leading to preaching licensure are not eligible.

Are graduate students eligible?

While graduate students may qualify, funding priority goes to undergraduate students. Financial Aid Services will notify graduate and professional students when funds become available.

What are the academic requirements?

First-year recipients must meet SMU's Satisfactory Academic Progress (SAP) policy in order to continue receiving the grant. After your first year, you must maintain:

As an undergraduate:

  • 2.5 minimum GPA
  • 24 completed credit hours per year
  • 75% course completion rate

As a graduate student:

  • 2.5 minimum GPA
  • 18 completed credit hours per year
  • 75% course completion rate

How do I apply?

Simply submit a completed (Free Application for Federal Student Aid) or (Texas Application for State Financial Aid) if you are a Texas resident, but not a U.S. citizen or eligible non-citizen.