NOVELTY - Making biofuels comprises: (a) dewatering intact algal cells to make an algal biomass; (b) extracting neutral lipids from the algal biomass; (c) esterifying neutral lipids; (d) separating a water soluble fraction comprising glycerin from water insoluble fraction comprising fuel esters; (e) distilling the fuel esters to obtain a 16C or shorter fuel esters fraction, and a 16C or longer fuel esters fraction, and a residue comprising carotenoids and omega-3 fatty acids; and (f) hydrogenating or deoxygenating at least one of the 16C or shorter fuel esters and the 16C or longer fuel esters.    USE - The method is useful for making biofuel, which is useful as biodiesel, jet fuel and diesel; and for extracting coproducts of lipids, comprising proteinaceous material, chlorophyll and carotenoids.    ADVANTAGE - The recovery/extraction process can be done on a wet biomass, and avoids the use of large amounts of energy required to dry and disrupt the cells, hence economical. The extraction of neutral lipids from a dry algal biomass is far more effective using the method. The method provides biofuel at higher yield and purity than those obtained by conventional extractions, since conventional extraction frequently results in emulsions, rendering component separations extremely difficult. The method exhibits improved solvent recovery and recycleability.    DETAILED DESCRIPTION - Making biofuels comprises: (a) dewatering intact algal cells to make an algal biomass; (b) extracting neutral lipids from the algal biomass; (c) esterifying neutral lipids with a catalyst in the presence of an alcohol; (d) separating a water soluble fraction comprising glycerin from water insoluble fraction comprising fuel esters; (e) distilling the fuel esters under vacuum to obtain a 16C or shorter fuel esters fraction, and a 16C or longer fuel esters fraction, and a residue comprising carotenoids and omega-3 fatty acids; and (f) hydrogenating or deoxygenating at least one of (i) the 16C or shorter fuel esters to obtain a jet fuel blend stock, and (ii) the 16C or longer fuel esters to obtain a diesel blend stock.    DESCRIPTION OF DRAWING(S) - The figure shows a flowchart of steps involved in the method for making biofuels.    Flowchart of the method (100)    Harvesting algae (110)    Removing water to yield 10-25% solid biomass (120)    Performing solvent-extraction on biomass and collecting fractions (130)    Solid/liquid phase separation. (140)