Number Received Financial Aid (All Undergraduate)
1,896
Percent Received Financial Aid(All Undergraduate)
87%
Average Aid Amount
$40,537
Number Received Financial Aid (Freshmen)
495
Percent Received Financial Aid (Freshmen)
90%
Financial Aid Information at Macalester
For the academic year 2023-2024, a total of 1,896 students (87% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $40,537. For freshmen (Full-time, first-time degree-seeking undergraduate students), 495 students (90% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Macalester College is $68,104, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,896 students (87% of all students) have received grants or scholarships and the average received aid amount is $40,537. 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 | 1,896 | 87% | $40,537 |
| Pell Grants | 377 | 17% | $5,154 |
| Federal Student Loans | 815 | 37% | $5,834 |
Beginning Students Financial Aid
a total of 495 beginning students (90% of all freshmen) have received any financial aid and 489 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 | 495 | 90% | - |
| Grants or Scholarship from All Sources | 485 | 88% | $40,329 |
| Federal Grants | 82 | 15% | $6,751 |
| Pell Grants | 82 | 15% | $5,462 |
| Other Federal Grants | 35 | 6% | $3,020 |
| State/Local Grants | 34 | 6% | $6,430 |
| Institutional Grants | 485 | 88% | $38,737 |
| Student Loans | 232 | 42% | $8,072 |
| Federal Student Loans | 206 | 37% | $4,989 |
| Other Student Loans | 82 | 15% | $10,307 |
Know about Minnesota Colleges
- Which colleges offer Teacher Certification program in Minnesota?
- Which colleges are 4 years or High in Minnesota?
- Which colleges accept Tuition payment plan in Minnesota?
- How much is Typical Board Charge in Minnesota?
- Which colleges are Less than 2 years in Minnesota?
- Which colleges provide Yellow Ribbon Program in Minnesota?
- Which colleges accept Prepaid Tuition plan in Minnesota?
- Which colleges offer Graduate distance education programs (Online Programs) in Minnesota?
- What is The Average Graduation Rate in Minnesota?
- What is the Average SAT EBRW Score in Minnesota?