Tuition, Fees, and Room and Board 2012-2013
The tuition rate for full time students (12–18 hours per semester) for 2012–2013 is $43,472 per year. The rates in this catalog reflect the prevailing price at the time of this publication. They will be updated for subsequent years when the information is made available.
Application Fee $40
Enrollment Deposit $300
Late Registration Fee $100
Student Activity Fee $221
Newly admitted students pay a one time, non-refundable enrollment deposit of $300 to reserve a place in the entering class. The amount deposited by the student is applied to first semester tuition charges.
Full-time, per academic year (12–18 hours per semester) $43,472
Part-time, less than 12 hours per semester (per semester hour) $1,359
Hours in excess of 18 (per semester hour to a maximum of 20) $2,717
Charges for hours in excess of 18 per semester are waived if students enroll for 12–14 hours in the other semester of the same academic year. They are not waived if students enroll in fewer than 12 hours or withdraw from a fourth course.
Macalester Graduate, maximum of 5 hours per semester $1,359
(Graduates taking more than the stated credit limit are billed the regular part-time or full-time tuition rate for all credits.)
Credit by Examination $5,434
Audit only, non-Macalester graduate, (per credit) $340
Summer Independent Study (Summer 2013, per semester hour) $1,359
January Break Independent Study (January 2013, 2 semester hrs. max) No Charge
Private lessons, per semester, non-major student $350
(Music major/minor students: rates vary, see Performance Instruction under Music section of this catalog.)
Semester and Academic Year Programs: Macalester College offers students a carefully selected variety of overseas and domestic study away programs of relevance to the Macalester liberal arts curriculum. The cost of participating in an off-campus program is equal to Macalester tuition plus airfare and on-site room and board charges. For programs whose charges exceed Macalester’s, the student and his or her family will be responsible for the additional costs. The College extends financial aid allowances to all eligible students to support the cost of approved study away. Withdrawal from a study away program follows the same policy as an on-campus program based on the program’s first day of the semester.
January or summer program: actual program costs.
Further information on recommended programs, costs, and financial aid for off-campus study will be made available during the study away advising process or may be viewed on the College’s International Center web site.
Room and Board
Per academic year (Room—$5,214) (Board—$4,512) $9,726
Language Houses (room only) $5,414
Apartment (room only) $6,892
Commuter Meal Plan (not yet available) $615
First-year and sophomore students are required to live in College housing. A room and board information card will be provided to new students at the time they receive notice of admission to the College. First-year students may apply to the Academic Programs Office for a residential course for their first semester. First-year course assignments have priority in the room assignment process.
The enrollment deposit made by an applicant is non-refundable. Therefore, if new students have difficulty with deposit deadlines they should contact the Admissions Office. The $300 deposit is applied as a credit toward first semester charges.
No tuition, fees, room, or board is refunded or credited after the 33rd class day of the semester.
No tuition is refunded or credited when a student withdraws from a course after the Add/Drop deadline.
No tuition is refunded or credited to a student that withdraws from a course and has a grade of “W”.
No refunds are granted without first receiving official permission or withdrawal from the College from the Dean of Student’s Office.
Tuition refunds for official withdrawal from the College during the first 33 class days of the semester are as follows for returning students: a) 1st–7th day: 90 percent; b) 8th–17th day: 50 percent; c) 18th–33rd day: 25 percent. Tuition refunds for both on-campus and study away programs are based on the program’s first day of the semester.
Room and board refunds for both new and returning students are calculated on a daily basis by the number of days in the dormitory as of the checkout date. One week is added to the official date of room vacancy when computing the pro-rated refund. Students who move out of College residences but remain enrolled in the College are not eligible for room and board refunds.
Students receiving financial aid who receive tuition and/or room and board refunds will receive a similar reduction in their total financial aid package. Refund calculations for the Title IV aid recipients are regulated by federal requirements and differ from the institutional policy. (See the Financial Aid section of the Student Handbook for additional refund policy information.)
The student activity fee is non-refundable.
Health Insurance is non-refundable.
Students leaving the College any time after registration without being granted official permission, or by reason of being suspended or dropped, will not be eligible for any refund under this policy.
Payment of Student Accounts
Students are billed for the Fall Semester in mid-July, with charges due and payable on or before August 15. Students are billed for the Spring Semester mid-December, with charges due and payable on or before January 15. Each semester’s bill will include the charges for that semester’s tuition, room and board (if applicable) and any appropriate fees. Charges must be paid by the due date of August 15 for Fall Semester or January 15 for Spring Semester.
The value of any work-study generated financial aid is anticipated money and will only be available as it is earned. Work-study earnings are paid directly to the students on a bi-weekly basis. Students wanting to apply work-study earnings to their bills must have a Student Employment Check Authorization (SECA) form on file with the Student Accounts Office. Work study not earned by the end of the semester must be paid on or before semester end. Finance charges will accrue on accounts that have an outstanding balance.
Monthly e-Bill statements are made available on the student portal, 1600grand, on the first business day following the 15th. New charges are due on the 15th of the following month. The statements reflect charges and credits incurred during the billing period. In subsequent billing periods, if full payment is not made by the due date, a finance charge of .667% per month (annual percentage rate of 8%) is assessed.
Students are responsible for reading and understanding all academic and financial policies as published in the Macalester College Catalog, including the refund policies for tuition, room, and board. Students are responsible for the communication of billing information to all parties involved. Students may give permission to others to view their e-Bill statements, billing account activity, and make on-line payments by setting them up as an authorized user. If the student believes that any information on their statement is incorrect, they must notify the Student Accounts Office in writing within 30 days of the statement date detailing the information believed to be incorrect. If the information is not disputed in writing within 30 days of the statement date, Macalester College will assume the information is correct.
Students and/or parents wishing to borrow additional money to pay towards their semester bill need to contact the Financial Aid Office to determine what options might be available to them. Tuition Management Systems (TMS) (1-800-356-8329) also offers an independent monthly payment plan with insurance and extended payment features. Information and application materials are available from the Student Accounts Office or by going to their web site at www.afford.com.
The Student Accounts Office will accept the following forms of payment:
- Cash - only accepted in person at the Student Accounts Office
- Personal check, cashier’s check, money order
- Made payable to Macalester College
- Must be in US dollars
- Checks from outside the US must be drawn on a US bank in US dollars
- Conversion fees on foreign currency will be charged to student’s billing account
- Mailed or personally delivered to the Student Accounts Office
- Online payment options:
- Checking/savings (no fee) for students and authorized users
- Online credit card (2.75% convenience fee) for students and authorized users. We accept MasterCard, American Express, and Discover. Convenience fee paid by the card holder.
- ACH (bank to bank wire). To make a wire transfer payment, please contact the Student Accounts Office by either mailing or emailing your request to receive the wire transfer information. You may also stop in the Student Accounts Office to request the information in person. When making a wire transfer, please include the student’s Macalester ID number and name in the reference section. Any fees for wire transfers will result in a reduction of amount credited to student’s billing account.
Past Due Balances
Failure to keep a student billing account current, including the monthly payment plan account (TMS), may result in one or more of the following: validation hold, transcript hold, diploma hold, inability to add/drop classes, and assessment of an 8% per annum finance charge.
- RETURNED CHECK CHARGES: A non-refundable twenty dollar ($20.00) fee is assessed to a student’s billing account each time a check (paper or electronic) is returned by our bank. After three returned checks, the student will be required to make further payments with cash, cashier’s check, money order, credit card, or wire transfer.
- GRADUATION: Outstanding balances must be paid in full three weeks prior to graduation. Graduates who have a balance due may participate in commencement ceremonies but will not be allowed to receive their diploma or copies of transcripts. All students with loans must complete an exit interview before graduation or they will not be allowed to receive their diploma or copies of transcripts.
- TRANSCRIPTS: Transcript requests should be directed to the Registrar’s Office. Requests are denied if a student has unpaid or unmet financial obligations to the College. This may include a balance owing on their student billing account or not being current or having unmet obligations relating to their Perkins, Institutional, or Gate loans.
- FINES AND OTHER CHARGES: Fines are due and payable as soon as they are posted to a student’s billing account.