Bubba, the questions you are asking are easily answered on the SMU Official forum on their site. As for clinicals you can go with the hospitals in states that they officially have an agreement with (Georgia, Florida, Louisiana, Arizona, Maryland, Illinois, Washington) or set one up on your own as many of us have done in 3rd and 4th years. The only thing I can tell you in terms of restrictions is you can not do clinicals in California, Pennsylvania, and Maine. You can only do 12 weeks in NY, and if you want to practice down the road in TX then you can not do clinicals as a student there.
Good Luck!