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Renewing Need-Based Financial Aid

You must apply for need-based financial aid each year. In general, financial aid packages remain approximately the same each year unless there is a significant change in financial circumstances or a change in the enrollment of undergraduate siblings. The most common reasons for changes to financial aid eligibility are siblings entering or leaving undergraduate study and significant changes in family income. If you anticipate such a change, you are invited to discuss your situation with a financial aid counselor for more information on how future financial aid eligibility may be impacted.

Satisfactory Academic Progress

You must make progress toward graduation to continue receiving financial aid. Requirements for satisfactory academic progress are published in the Catalog. You are eligible to apply for a maximum of eight semesters of financial aid from Macalester.