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Financial Aid Office

Summer Office Hours

Financial Aid staff are available during the summer Monday through Thursday from 8am to noon and 1pm to 4:30pm (Central Time) and Friday from 8am to 12:30pm (Central Time).

New Students

Congratulations on your decision to attend Macalester! Please log in to your New Student Portal to view a list of any financial aid checklist items that you need to complete. The New Student Portal will provide instructions for accepting or declining loans, applying for on-campus jobs, and completing any required financial aid documents.

The Student Accounts Office produces fall semester billing statements in mid-July, with payment due in mid-August. Our bill estimating worksheets can help you determine how much you will owe. Please note that if you plan on enrolling in a payment plan, one of the plan options begins in June.

Returning Students

Students who completed their financial aid application by May 15 will receive notification of their financial aid eligibility in mid-June. If you have not yet completed your financial aid application for 2022-2023, please do so as soon as possible. We will continue to award financial aid throughout the summer as applications are completed.

Check the Money Matters tab of 1600grand to view a list of any outstanding items or documents. You can also review instructions for applying for aid as a returning student.

Communication From Our Office

In an effort to conserve resources, we will limit the number of paper financial aid eligibility notifications sent from our office. Students will receive initial eligibility notifications in the mail and electronically. Subsequent notifications will be electronic only. Paper notifications are sent to the permanent address on file with the Registrar.

If you would prefer to receive paper notifications (sent to your SPO during the academic year), please send an email to

2020-2021 Key Facts and Figures

67% of students receive need-based financial aid

Average need-based financial aid package: $53,873

The average financial aid package includes the following:

Grants/scholarships: 86%
Loans: 9%
Student Employment: 5%

Merit Scholarship Opportunities

Around half of Macalester students are recipients of a merit-based scholarship (many of those students also receive need-based financial aid). All applicants for admission are considered for Macalester’s merit scholarships, no additional scholarship application is required. Merit scholarship awards range from $8,000 to $92,000 over four years. More information about Macalester’s Merit Scholarships.

COVID-19 Information

View Macalester’s COVID-19 page

The resources your family needs to learn about and apply for financial aid at Macalester are on this site. If you have any additional questions or are unable to find the information you are looking for, please feel free to contact us.

The Admissions and Financial Aid Offices are physically located at 62 Macalester Street.