Macalester College

www.macalester.edu

2024 Undergraduate Tuition

$67,874

4.94% growth from 2023

2024 Average Net Price

$40,225

After Financial Aid

2024 Acceptance Rate

28.5%

8,968 Applicants

2024 Enrolled Students

2,138

98.5% Full-Time

2024 Graduation Rate

87.1%

540 Graduates

Costs

In 2024, the median undergraduate tuition at Macalester College is $67,874, which is $39,696 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $40,225.

In 2024, 88% of undergraduate students attending Macalester College received financial aid through grants. Comparatively, 36% of undergraduate students received financial aid through loans.

Tuition Costs

$67,874

2024 Undergraduate Tuition

In 2024, the cost of tuition at Macalester College was $67,874. The cost of tuition at Macalester College is $39,696 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

This chart compares the tuition costs of Macalester College (in red) with those of other similar universities.

Average Net Price

$40,225

2024 Value

4.29%

1 Year Growth

In 2024 Macalester College had an average net price — the price paid after factoring in grants and loans — of $40,225. Between 2023 and 2024, the average net price of Macalester College grew by 4.29%.

This chart compares the average net price of Macalester College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$15,477

Room and Board

$926

Books and Supplies

The average yearly cost of room and board at Macalester College was of $15,477 in 2024. The cost of room and board increased by 10.5% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $926. The cost of books and supplies increased by 8.56% during the same period.

This chart compares the average student costs at Macalester College (in red) with that of similar universities.

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

36%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at Macalester College received financial aid through grants or loans in 2024. This represents a growth of 1.15% with respect to 2023, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Macalester College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Enrollment

Macalester College had a total enrollment of 2,138 students in 2024. The full-time enrollment at Macalester College is 2,106 students and the part-time enrollment is 32. This means that 98.5% of students enrolled at Macalester College are enrolled full-time.

The enrolled student population at Macalester College, both undergraduate and graduate, is 49.9% White, 10.9% Hispanic or Latino, 8.79% Two or More Races, 7.9% Asian, 6.22% Black or African American, 0.281% Native Hawaiian or Other Pacific Islanders, and 0.0935% American Indian or Alaska Native.

Students enrolled at Macalester College in full-time Undergraduate programs are most commonly White Female (28.4%), followed by White Male (22.2%) and Hispanic or Latino Female (6.71%).

Full-Time vs Part-Time Enrollment

98.5%

Full-Time Enrollment

The total enrollment at Macalester College in 2024, both undergraduate and graduate, is 2,138 students. The full-time enrollment at Macalester College is 2,106 and the part-time enrollment is 32. This means that 98.5% of students enrolled at Macalester College are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Macalester College (in red) compares to similar universities.

Retention Rate over Time

92%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Macalester College was 92%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Macalester College had a retention rate higher than its peers.

This chart shows the retention rate over time at Macalester College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,067 enrolled students
Hispanic or Latino
232 enrolled students
Two or More Races
188 enrolled students

The enrolled student population at Macalester College is 49.9% White, 10.9% Hispanic or Latino, 8.79% Two or More Races, 7.9% Asian, 6.22% Black or African American, 0.281% Native Hawaiian or Other Pacific Islanders, and 0.0935% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 50.5% White, 15.6% Hispanic or Latino, and 13.2% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 20 students (0.935%) did not report their race.

Operations

Macalester College has an endowment valued at nearly $882M, as of the end of the 2024 fiscal year. The return on its endowment was of 97.9M (11.1%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Macalester College had a total salary expenditure of 140M. Macalester College employs 77 Professors, 47 Associate professors and 39 Instructors. Most academics at Macalester College are Male Professor (41), Female Professor (36), and Female Instructor (28).

The most common positions for non-instructional staff at Macalester College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 86 employees, Management, with 85 employees, and Office and Administrative Support with 62 employees.

Endowment

$882M

2024 Endowment

5.63%

growth from 2023

Macalester College has an endowment valued at about $882M, as of the end of the 2024 fiscal year. The endowment of Macalester College grew 5.63% from the previous year. The value of their endowment was $832M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Macalester College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$60.6M

2024 Salaries

7.82%

growth from 2023

In 2024, Macalester College paid a median of $60.6M in salaries, which represents 43.4% of their overall expenditure ($140M) and a 7.82% growth from the previous year. This is compared to a 2.08% growth between 2022 and 2023, and a 4.79% growth between 2021 and 2022.

Instructional Salaries

$21.3M

Instructional Salaries

198

Number of Employees

In 2024, Macalester College paid a total of $21.3M to 198 employees working as instructors, which represents 35.2% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Macalester College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 86 employees, Management with 85 employees, and Office and Administrative Support with 62 employees.

Macalester College

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Macalester College

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Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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