Macalester College
Common Data Set 2002


H. FINANCIAL AID

Aid Awarded to Enrolled Undergraduates

H1. Enter total dollar amounts awarded to full-time and less than full-time degree-seeking undergraduates (using the same cohort reported in CDS Question B1, "total degree-seeking" undergraduates) in the following categories. Include aid awarded to international students (i.e., those not qualifying for federal aid). Aid that is non-need-based but that was used to meet need should be reported in the need-based aid columns. (For a suggested order of precedence in assigning categories of aid to cover need, see the definitions section.)

Indicate academic year for which data are reported: 2002-2003 estimated
  Need-based Non-need-based
  $ $
Scholarships/Grants    
Federal 971,462 5,675
State 643,899 12,087
Institutional (endowment, alumni, or other institutional awards) and external funds awarded by the college excluding athletic aid and tuition waivers (which are reported below) 17,989,439 492,351
Scholarships/grants from external sources (e.g., Kiwanis, NMSQT) not awarded by the college 802,406 337,024
Total Scholarships/Grants 20,407,206 847,137
Self-Help    
Student loans from all sources 2,948,751 2,470,565
Federal Work-Study 789,690  
State and other work-study/employment 1,482,484 234,197
Total Self-Help 5,220,925 2,704,765
Parent Loans 0 1,016,705
Tuition waivers 123,923 421,893
Athletic awards 0 0


Number of Enrolled Students Receiving Aid

H2. List the number of degree-seeking full-time and less-than-full-time undergraduates who applied for and received financial aid. Aid that is non-need-based but that was used to meet need should be counted as need-based aid. Numbers should reflect the cohort receiving the dollars reported in H1.

Note: In the chart below, students may be counted in more than one row, and full-time freshmen should also be counted as full-time undergraduates.

Need based awards

First-time Full-time Freshmen

Full-time Undergrad (inc. fresh)

Less than full-time undergrad
a) Number of degree-seeking undergraduate students 441 1795 45
b) Number of students in line a who were financial aid applicants (include applicants for all types of aid) 368 1355 2
c) Number of students in line b who were determined to have financial need 341 1247 2
d) Number of students in line c who received any financial aid 341 1247 2
e) Number of students in line d who received any need-based gift aid 340 1241 2
f) Number of students in line d who received any need-based self-help aid 327 1215 2
g) Number of students in line d who received any non-need-based gift aid 0 0 0
h) Number of students in line d whose need was fully met (exclude PLUS loans, unsubsidized loand and private alternative loans). 341 1247 2
i) On average, the percentage of need that was met of students who received any need-based aid. Exclude any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans and private alternative loans). 100% 100% 100%
j) The average financial aid package of those in line d. Exclude any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans and private alternative loans). $20,826 $20,539 $14,770
k) Average need-based gift award of those in line e $18,009 $16,453 $11,017
l) Average need-based self-help award (excluding PLUS loans, unsubsidized loans and private alternative loans) of those in line f $2,992 $4,275 $3,753
m) Average need-based loan (excluding PLUS loans, unsubsidized loans and private alternative loans) of those in line f $1,422 $2,417 $1,803
Non-need-based awards

First-time Full-time Freshmen

Full-time Undergrad Inc. fresh.

Less than Full-time undergrad
n) Number of students in line a who had no financial need who received non-need-based gift aid (exclude those receiving athletic awards and tuition benefits) 39 152 1
o) Average dollar amound of non-need based aid awarded to students in line n $4,749 $5,428 $5,000
p) Number of students in line a who received a non-need-based athletic grant or scholarship 0 0 0
q) Average dollar amount non-need-based athletic grants and scholarships awarded to those in line p $0 $0 $0

H3: Which needs-analysis methodology does your institution use in awarding institutional aid?

Institutional methodology (IM)

H4. Percent of 2000 graduating undergraduate class who have borrowed through any loan programs (federal, state, subsidized, unsubsidized, private etc.; exclude parent loans). Include only students who borrowed while enrolled at your institution.

%

H5. Average per-borrower cumulative undergraduate indebtedness of those in line H4; do not include money borrowed at other institutions:

$


Aid to Undergraduate Degree-Seeking Nonresident Aliens

H6. Indicate your institution's policy regarding financial aid for undergraduate degree-seeking nonresident aliens:

College-administered need-based financial aid is available.

If college-administered financial aid is available for undergraduate degree-seeking nonresident aliens, provide the number who received need- or non-need-based aid: 259

Average dollar amount awarded to undergraduate degree-seeking nonresident aliens: $23,615

Total dollar amount of financial aid from all sources awarded to all undergraduate degree-seeking nonresident aliens: $6,116,243


Process for First-Year/Freshman Students

H7. Check off all financial aid forms domestic first-year (freshman) financial aid applicants must submit:
FAFSA
Institution's own financial aid form
CSS/Financial Aid PROFILE
State aid form
Noncustodial (Divorced/Separated) Parent's Statement
Business/Farm Supplement

H8. Check off all financial aid forms non-resident alien first-year financial aid applicants must submit:
Institution's own financial aid form
CSS/Financial Aid PROFILE
Foreign Student's Financial Aid Application
Foreign Student's Certification of Finances

H9. Indicate filing dates for first-year (freshman) students:

Priority date for filing required financial aid forms: February 7
Deadline for filing required financial aid forms: April 15

H10. Indicate notification dates for first-year (freshman) students:

Students notified on or about (date): April 1

H11. Indicate reply dates:

Students must reply by (date): May 1.


Types of Aid Available

Please check off all types of aid available to undergraduates at your institution:

H12. Loans

FEDERAL DIRECT STUDENT LOAN PROGRAM (DIRECT LOAN)
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct PLUS Loans

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFEL)
FFEL Subsidized Stafford Loans
FFEL Unsubsidized Stafford Loans
FFEL PLUS Loans

Federal Perkins Loans
Federal Nursing Loans
State Loans
College/university loans from institutional funds
Other (specify):

H13. Scholarships and Grants

NEED-BASED:
Federal Pell
SEOG
State scholarships/grants
Private scholarships
College/university gift aid from institutional funds
United Negro College Fund
Federal Nursing Scholarship
Other (specify):

H14. Check off criteria used in awarding institutional aid. Check all that apply.
Non -need Need -based   Non -need Need -based  

 X

 X
Academics     Leadership
    Alumni affiliation
 X
  Minority status
    Art     Music/drama
    Athletics     Religious affiliation
    Job skills     State/district residency
    ROTC   ----------  

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29 October 2002