Macalester College

 

National College Match Scholarship Package

These numbers are based on costs for the 2017-2018 school year.  Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase.

Annual Cost of Attendance

Tuition

$52,234

Room & Board

$11,672

Books & Supplies

$1,145

Travel

Varies*

Personal

$999

Required Fees

$230

Health Insurance

See below**

Total

$66,280

How Costs Are Covered (annually)

Grants

$61,280

Federal Work-Study

$2,400

Student Summer Work Contribution

$2,600

Student Savings

$0

Parent Contribution

$0

Student Loan

$0

Total

$66,280

Policy Regarding Outside Scholarships

The first $500 of outside scholarship will not affect grants from Macalester. Macalester grants will be reduced by fifty percent of the amount of outside scholarships exceeding $500. Federal Work-Study may be reduced to comply with Federal Student Aid rules requirements. Total grants and scholarships may not exceed the cost of attendance.

Policy on Health Insurance
**Macalester requires all students to have health insurance. If the student is not covered by his or her own health insurance plan, Macalester will provide a grant to pay for the Macalester College health insurance plan.

Policy on Travel Allowance
*Students are expected to pay for travel to and from campus as part of their contribution from summer work and/or academic year earnings. The grant from Macalester will be increased based on the estimated cost of travel.

Other Details

The grants provided will include a Campus Residence Grant which cannot be used when a student resides off campus (typically during junior and/or senior year). The 2017-2018 Campus Residence Grant is $1,073.

Need-based student loans are available if students wish to borrow to replace the summer work and/or the Campus Employment expectations.

Students pay personal expenses, books, and travel expenses from summer and/or academic year earnings. The work-study amount increases from year to year. The 2017-2018 amounts are:

  • First year: $2,400

  • Second year: $2,500

  • Third year: $2,600

  • Fourth year: $2,800

Requirements Associated with Maintaining this Award
Students must apply for financial aid each year.