Parent and Family Handbook

Financial Aid

Each admitted student receives a financial aid package that meets 100% of his or her demonstrated need for financial aid. Approximately two-thirds of Macalester students receive need-based financial assistance.

Any degree-seeking student may apply for financial assistance. Application instructions can be found on the the Financial Aid Office website.

Regardless of eligibility for financial aid, parents and students may choose from several financing options. The college offers a payment plan that allows a family to spread annual costs over ten equal monthly payments. Long-term loans are available to most parents and students.

Parents are encouraged to contact the Financial Aid Office with questions about changes in their financial situation, application procedures, or any other topics related to the financing of their son or daughter’s education at 651-696-6214, by e-mail at finaid@macalester.edu, or review the website at www.macalester.edu/financialaid/