COVID-19 INFORMATION

Macalester has announced a plan to split each 15-week semester into two 7.5-week modules during which students will enroll in two 4-credit classes. We understand that students may have questions about how this plan affects various financial aid policies. Please know that we are working on developing answers to these questions and will provide more information as soon as possible.

Financial Aid Office staff members are working from remote locations. The Financial Aid Office is currently closed to in-person visits, but we remain committed to providing responsive and thorough service to students and families. We will respond to email and voicemail as soon as possible, and almost always within 24 business hours. We’ll continue to have individual meetings available via telephone and conference calls. You may contact us in all the usual ways (except that you’ll need to leave voicemail if you call). Thank you for your patience and support during this challenging time.

Please also note that we are currently working summer hours. We are available Monday through Thursday from 7:45am to 5pm CDT and Friday from 7:45am to 12:30pm CDT.

More: Macalester’s COVID-19 page

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 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 2020-2021 school year, 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.

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.

2018-2019 Key Facts and Figures

70% of students receive need-based financial aid

Average need-based financial aid package: $47,763

The average financial aid package includes the following:

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

Merit Scholarship Opportunities

In 2018-2019, 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.

For a quick estimate of your cost to attend Macalester.Net Price Calculator
For a customized estimate of what your net price to attend Macalester might be.

Frequently asked questions about billing and financial aid