Macalester College

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The first $10,000 of outside funding will not affect grants from Macalester. Macalester grants will be reduced by fifty percent of the amount of outside funding exceeding $10,000. Federal Work-Study may be reduced to comply with Federal Student Aid rules requirements. Total grants and outside funding may not exceed the cost of attendance.
Macalester requires all students to have health insurance. If the student is not covered by their own health insurance plan, Macalester will provide a grant to pay for the Macalester College health insurance plan (added to the grant amount shown above).
Students are expected to pay for travel to and from campus as part of their contribution from summer work. The estimated amount shown above is typical but will vary.
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 2025-2026 amounts are:
Students who are US Citizens or Permanent Residents must complete a FAFSA each year for financial aid in order to maintain the Match Scholarship award. There is no minimum GPA required to renew the Match Scholarship award.
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 2025-2026 Campus Residence Grant is $1,418.