Administrative Financial Aid Macalester College
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About Financial Aid

Macalester offers several special scholarships that are based on academic merit rather than financial need.

With the exception of the National Merit Scholarship (which requires a special procedure), you will automatically be considered for merit-based aid when you apply for admission to Macalester. Merit-based scholarships are awarded for a four-year period. If you qualify, you may receive need-based financial aid in addition to these scholarships.

Macalester College National Merit Scholarships are awarded to National Merit Finalists who have designated Macalester as their first-choice college and have been offered admission. The annual award is $5,000 ($2,000 from the National Merit Scholarship Competition and $3,000 from Macalester in the form of a DeWitt Wallace Distinguished Scholarship).

Click here for information from the National Merit Scholarship Corporation about how and when to designate Macalester as your first-choice college.

DeWitt Wallace Distinguished Scholarships are awarded on a highly competitive basis to some students who are National Merit Semifinalists, Commended Students and Finalists who are not awarded a National Merit Scholarship. Recipients typically rank in the top five percent of their high school graduating class. The annual award is $3,000. The scholarship is named for DeWitt Wallace '11, founder of Reader's Digest, who was a longtime benefactor of Macalester.

DeWitt Wallace Scholarships are awarded to selected middle-income students who need assistance in order to attend Macalester and whose academic records have shown them to be worthy of recognition. The annual award is $3,000.

Catharine Lealtad Scholarships are awarded to African American, Latino, and Native American students who have a strong high school record. The annual award is $3,000. Students who are National Achievement or National Hispanic Scholarship finalists and who have a strong high school record will receive an annual award of $5,000. This scholarship is named for Dr. Catharine Lealtad '15, Macalester’s first African American graduate.



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