New Students

Congratulations on your decision to attend Macalester! Please log in to your New Student Portal to review any financial aid checklist items you need to complete. The New Student Portal will provide instructions for accepting or declining loans you have been offered, 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 the TMS 10-month payment plan, the first payment is due 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 the 2018-2019 school year, please do so as soon as possible. Check the Money Matters tab of 1600grand to view a list of any outstanding items or documents. We will continue to award financial aid throughout the summer as applications are completed.

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.

New students will receive paper and email notifications throughout the summer. After fall semester begins, new students will receive electronic notifications only.

Returning 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 financialaid@macalester.edu.

2017-2018 Key Facts and Figures

70% of students receive need-based financial aid

Average need-based financial aid package: $45,680

The average financial aid package includes the following:

Grant: 85%
Loan: 10%
Student Employment: 5%

Merit Scholarship Opportunities

In 2017-2018, over fifty percent of U.S. first-year students received merit-based scholarships from Macalester. Merit scholarship awards range from $8,000 to $80,000 over four years. More information about Macalester’s Merit Scholarships.


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.