Building on Macalester's Commitment
The Need for Endowed Financial Aid Funds

Two out of three students receive some form of financial aid, and the average award is $26,000 per year.

Between 1999 and 2008, financial aid expenses at Macalester nearly doubled, while during this same period, the amount of revenue generated by the endowment for all purposes--not just financial aid--rose by only 29 percent.

Percentage of Students Receiving
Need-Based Financial Aid

Macalester and Peer Institutions

Macalester 68%    
Grinnell 55% Colorado College 41%
Middlebury 46% Colby 37%
Kenyon 43% Davidson 34%
Williams 43% Washington & Lee 34%

Source: U.S. News & World Report, "Americas Best Colleges 2008"