How Macalester's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Macalester College since 2011.

For that period, the average number of students who received grants aid/scholarships is 1,696, which is 80.27 % of all undergraduate students. 933 students which is 44.18% of undergraduate students received federal student loans and the average loan amount is $6,111.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	1,531 (76%)	$28,509	305 (15%)	$4,047	990 (49%)	$6,320
2012-13	1,608 (78%)	$29,861	356 (17%)	$4,060	1,011 (49%)	$6,190
2013-14	1,559 (76%)	$31,056	362 (18%)	$4,138	934 (46%)	$6,255
2014-15	1,615 (78%)	$31,632	343 (17%)	$4,078	919 (44%)	$6,288
2015-16	1,730 (80%)	$32,183	335 (15%)	$4,045	949 (44%)	$6,284
2016-17	1,725 (80%)	$33,104	325 (15%)	$4,373	893 (42%)	$6,319
2017-18	1,742 (82%)	$34,747	391 (18%)	$4,422	904 (42%)	$6,113
2018-19	1,761 (81%)	$35,808	388 (18%)	$4,700	1,002 (46%)	$5,872
2019-20	1,726 (82%)	$36,479	391 (19%)	$4,675	930 (44%)	$5,914
2020-21	1,738 (85%)	$39,407	445 (22%)	$5,031	805 (39%)	$5,835
2021-22	1,917 (85%)	$39,942	412 (18%)	$4,906	924 (41%)	$5,828
Average	1,696 (80.27%)	$33,884	368 (17.45%)	$4,407	933 (44.18%)	$6,111

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 12 years, on average, 444 (81.18 % of students) received grants or scholarships and its average amount is $34,729. It can cover 53.51% of tuition & fees ($64,908).

In addition, 296 (54.18 % of students) students get helped from the students loans (average amount : $6,118).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	354 (74%)	$29,760	287 (60%)	$5,817
2012-13	416 (78%)	$31,395	304 (57%)	$5,843
2013-14	415 (75%)	$29,479	289 (52%)	$6,566
2014-15	454 (84%)	$31,734	321 (59%)	$6,073
2015-16	462 (79%)	$33,325	323 (55%)	$5,798
2016-17	420 (83%)	$33,335	280 (55%)	$5,865
2017-18	444 (82%)	$37,267	307 (57%)	$6,100
2018-19	486 (78%)	$37,169	336 (54%)	$6,032
2019-20	423 (84%)	$35,464	250 (50%)	$6,223
2020-21	478 (87%)	$42,832	273 (50%)	$6,264
2021-22	533 (89%)	$40,262	285 (47%)	$6,714
Average	444 (81.18%)	$34,729	296 (54.18%)	$6,118

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 99 (18.09 % of students) received Pell (federal) grants and its average amount is $4,507.

In addition, 33 students received State/local government grants/scholarships (5.91 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	84 (18%)	$4,191	31 (6%)	$3,000	30 (6%)	$3,611	354 (74%)	$28,197
2012-13	92 (17%)	$4,115	33 (6%)	$3,087	42 (8%)	$3,831	416 (78%)	$29,853
2013-14	91 (16%)	$3,752	20 (4%)	$2,497	36 (6%)	$4,507	411 (74%)	$28,419
2014-15	94 (17%)	$4,123	33 (6%)	$2,866	31 (6%)	$4,701	453 (84%)	$30,417
2015-16	85 (15%)	$4,292	31 (5%)	$2,723	30 (5%)	$4,388	459 (79%)	$32,277
2016-17	79 (16%)	$4,386	28 (6%)	$2,624	24 (5%)	$6,121	419 (83%)	$32,061
2017-18	124 (23%)	$4,648	48 (9%)	$2,161	32 (6%)	$5,645	442 (81%)	$35,488
2018-19	115 (19%)	$4,909	61 (10%)	$2,195	43 (7%)	$5,686	484 (78%)	$35,374
2019-20	92 (18%)	$4,860	41 (8%)	$2,414	32 (6%)	$4,968	419 (83%)	$34,120
2020-21	136 (25%)	$5,449	63 (12%)	$2,053	29 (5%)	$5,965	478 (87%)	$40,649
2021-22	93 (15%)	$4,850	37 (6%)	$2,229	31 (5%)	$5,885	533 (89%)	$38,919
Average	99 (18.09%)	$4,507	39 (7.09%)	$2,532	33 (5.91%)	$5,028	443 (80.91%)	$33,252

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 12 years, on average, 296 (54.18 % of students) get any students loan help and its average loan amount is $296.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	287 (60%)	$5,817	251 (53%)	$5,355	58 (12%)	$5,610
2012-13	304 (57%)	$5,843	260 (49%)	$5,350	64 (12%)	$6,019
2013-14	289 (52%)	$6,566	250 (45%)	$5,323	71 (13%)	$7,982
2014-15	321 (59%)	$6,073	264 (49%)	$5,657	93 (17%)	$4,904
2015-16	323 (55%)	$5,798	261 (45%)	$5,356	96 (16%)	$4,948
2016-17	280 (55%)	$5,865	229 (45%)	$5,303	89 (18%)	$4,807
2017-18	307 (57%)	$6,100	270 (50%)	$4,950	91 (17%)	$5,893
2018-19	336 (54%)	$6,032	297 (48%)	$4,840	150 (24%)	$3,929
2019-20	250 (50%)	$6,223	210 (42%)	$4,812	124 (25%)	$4,398
2020-21	273 (50%)	$6,264	215 (39%)	$4,799	157 (29%)	$4,321
2021-22	285 (47%)	$6,714	253 (42%)	$5,042	91 (15%)	$7,009
Average	296 (54.18%)	$6,118	251 (46.09%)	$5,162	99 (18.00%)	$5,438

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Scholarships, Grants, and Loan Trends at Macalester

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time