| Year: | 1963 |
| Team: | SMU Mustangs |
| Sport: | football |
| Conference: | Southwest Conference |
| Short Conf: | SWC |
| Record: | 4–7 |
| Conf Record: | 2–5 |
| Head Coach: | Hayden Fry |
| Hc Year: | 2nd |
| Captain: | Ronnie Cosper, Martin Cude, Billy Gannon |
| Bowl: | Sun Bowl |
| Bowl Result: | L 14–21 vs. Oregon |
The 1963 SMU Mustangs football team represented Southern Methodist University (SMU) as a member of the Southwest Conference (SWC) during the 1963 NCAA University Division football season. Led by second-year head coach Hayden Fry, the Mustangs compiled an overall record of 4–7 with a conference mark of 2–5, tying for sixth place in the SWC. SMU was invited to the Sun Bowl, where they lost to Oregon.