She died last month in a car accident.
Some of her colleagues are heading up the "Red Boot Roundup", a benefit dance concert for Smith's scholarship funds.
The dance was free, but t-shirts were sold to raise funds for the scholarship.
The Muddy Creek Band played at the event for free as a way to help out.
The band was one of Smith's favorites and her friends thought it would be a great way to remember her.
"They play a lot at Oplin, which is a place where she loved to go dance and it was actually where they were headed during the accident so it's definitely a blessing to have them here," said Zach Stomberg, one of Smith's friends.
"It's incredibly important this is our way to celebrate her life," said Anna Fullerton, also a close friend of Smith's.
The night didn't just consist of dancing.
Students also had a time of worship, that's something they say smith loved doing.
staff members say the dance is one way to help students cope with the loss of a friend and classmate.
"It's not going to one hundred percent heal individuals but its going to be an outlet for them and its going to be a great outlet for her friends to all come together again and show their love and support for Lindsey and Lindsey's family," said Mark Jackson, a staff member at ACU.
They also raised funds for the scholarship by setting cowboy boots around the room for anyone to leave a donation in.
It's still unsure whether the scholarship will be used for one particular student, a group or organization, but smith's parents will help determine that later on.
Lindsey was returning from the Oplin dance hall with five other friends the night of the accident.
Friends say she loved to dance and listen to country music.