Number Received Financial Aid (All Undergraduate)
1,917
Percent Received Financial Aid(All Undergraduate)
85%
Average Aid Amount
$39,942
Number Received Financial Aid (Freshmen)
547
Percent Received Financial Aid (Freshmen)
91%
Financial Aid Information at Macalester
For the academic year 2021-2022, a total of 1,917 students (85% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $39,942. For freshmen (Full-time, first-time degree-seeking undergraduate students), 547 students (91% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Macalester College is $64,908, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,917 students (85% of all students) have received grants or scholarships and the average received aid amount is $39,942. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Macalester College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,917 | 85% | $39,942 |
| Pell Grants | 412 | 18% | $4,906 |
| Federal Student Loans | 924 | 41% | $5,828 |
Beginning Students Financial Aid
a total of 547 beginning students (91% of all freshmen) have received any financial aid and 536 students (89% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Macalester College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 547 | 91% | - |
| Grants or Scholarship from All Sources | 533 | 89% | $40,262 |
| Federal Grants | 93 | 15% | $5,737 |
| Pell Grants | 93 | 15% | $4,850 |
| Other Federal Grants | 37 | 6% | $2,229 |
| State/Local Grants | 31 | 5% | $5,885 |
| Institutional Grants | 533 | 89% | $38,919 |
| Student Loans | 285 | 47% | $6,714 |
| Federal Student Loans | 253 | 42% | $5,042 |
| Other Student Loans | 91 | 15% | $7,009 |
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