NOVELTY - Making (I) biofuels comprises: (a) dewatering algal cell culture; (b) adding first ethanol fraction; (c) separating first solid biomass fraction; (d) combining first solid biomass fraction with second ethanol fraction; (e) separating second solid biomass fraction; (f) combining second solid biomass fraction with third ethanol solvent fraction; (g) separating third solid biomass fraction; (h) simultaneously transesterifying and esterifying neutral lipids; (i) separating water soluble fraction; (j) distilling fuel esters; and (k) hydrodeoxygenating at least one of e.g. less than or equal to 16C fuel esters.    USE - The method is useful for making biofuels.    ADVANTAGE - The method: recycles the hydrogen for use in subsequent hydrodeoxygenating processes; produces the neutral lipid fraction with a low metal content, thus enhancing stability of the lipid fraction, and reducing subsequent processing steps; utilizes the wet biomass, thus reducing the drying and dewatering costs; provides the low operating costs due to the moderate temperature and pressure conditions along with the solvent recycle; and easily recovers and fractionates the various oil and co-products produced by algae.    DETAILED DESCRIPTION - Making (I) biofuels comprises: (a) dewatering an algal cell culture comprising intact algal cells to generate a wet algal biomass; (b) adding a first ethanol fraction to the algal biomass in a ratio of 1:1 (in parts by weight) to generate a first solid biomass fraction and a first liquid fraction comprising proteins; (c) separating the first solid biomass fraction from the first liquid fraction; (d) combining the first solid biomass fraction with a second ethanol fraction in a ratio of 1:1 (in parts by weight) to generate a second solid biomass fraction and a second liquid fraction comprising polar lipids; (e) separating the second solid biomass fraction from the second liquid fraction; (f) combining the second solid biomass fraction with a third ethanol solvent fraction in a ratio of 1:1 (in parts by weight) to generate a third solid biomass fraction and a third liquid fraction comprising neutral lipids, where the third solid biomass fraction comprises carbohydrates and intact algal cells; (g) separating the third solid biomass fraction from a third liquid fraction, where the first liquid fraction has a higher protein concentration than the second and third liquid fractions, the second liquid fraction has a higher polar lipids concentration than the first and third liquid fractions, and the third liquid fraction has a higher neutral lipids concentration than the first and second liquid fractions; (h) simultaneously transesterifying and esterifying the neutral lipids with an enzyme catalyst in the presence of an alcohol to produce a water soluble fraction comprising glycerin and a water insoluble fraction comprising fuel esters; (i) separating the water soluble fraction from the water insoluble fraction; (j) distilling the fuel esters under vacuum to obtain a less than or equal to 16C fuel esters fraction, a greater than or equal to 16C fuel esters fraction, and a residue comprising carotenoids and omega -3 fatty acids; and (k) hydrodeoxygenating at least one of the less than or equal to 16C fuel esters to obtain a jet fuel blend stock and of the greater than or equal to 16C fuel esters to obtain a diesel blend stock. INDEPENDENT CLAIMS are also included for making (II) biofuels comprising either: steps (a)-(g) as above per se, esterifying the neutral lipids with a catalyst in the presence of an alcohol, steps (i)-(k) as above per se, where light hydrocarbons are produced by the hydrodeoxygenating processes, and reforming the light hydrocarbons to produce hydrogen; or dewatering intact algal cells of a first algal strain to make an algal biomass, steps (b)-(g) as above per se, esterifying the neutral lipids with a catalyst in the presence of an alcohol to produce a water soluble fraction comprising glycerin and a water insoluble fraction comprising fuel esters, steps (i) and (j) as above per se, culturing a second strain of algae in conditions sufficient to produce hydrogen, capturing the produced hydrogen and supplying the hydrogen to hydrodeoxygenating processes, and step (k) as above per se.