Annual College Costs ( Fall 2006 )

Financial Aid Statistics

• Full-time freshman enrollment: 491
• Number who applied for need-based aid: 377
• Number who were judged to have need: 348
• Number who were offered aid: 348
• Number who had full need met: 348

• Average percent of need met: 100%
• Average financial aid package: $24,584
• Average need-based loan: $2,896
• Average need-based scholarship or grant award: $20,455
• Average non-need based aid: $3,806
• Average indebtedness at graduation: $14,889

Financial Aid Distribution

• Scholarships / grants: 75%
• Loans / jobs: 25%

National Merit Scholarships; $5,000; to National Merit Finalists whose first choice college is Macalester and who are offered admission. DeWitt Wallace Distinguished Scholarships; minimum $3,000; open to National Merit semifinalists, commended students, and finalists not awarded National Merit Scholarship. DeWitt Wallace Scholarships; minimum $3,000; to selected middle-income students who need assistance to attend Macalester and whose academic records have shown them to be worthy of recognition. Catherine Lealtad Scholarships; minimum $3,000; to African American, Latino, and Native American students with strong high school records. Students who are National Achievement or National Hispanic Scholarship finalists and who have achieved a strong high school record will receive a minimum annual award of $5,000.

Financial Aid Forms

Domestic first-year financial aid applicants must submit the following forms, if applicable:

• Business/farm supplement
• CSS/Financial Aid PROFILE
• FAFSA
• Noncustodial (divorced/separated) Parents Statement

Contact Information

Financial Aid Office phone: (651) 696-6214

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