How Much Financial Assistance is Available?
$51,242 is the typical California Institute of Technology's first year financial aid deal. Around 55.0% of freshman students obtain financial assistance, most of which is in the form of scholarships and grants.
Student loans are a part of financial aid offers, however the only true discount from the cost of college is a grant or scholarship that you do not have to pay back.
Student debt really should be regarded as a consequence rather than true financial aid. Read more on student loan debt at Caltech.
Number of Caltech Grants & Scholarships
The stats listed below make reference to help which is supplied by California Institute of Technology.
55.0% of first year students (127 total) were awarded scholarships at California Institute of Technology, averaging $42,708 per person. This puts it in the top 20th percentile of all colleges nationwide.
34 first years also received a grant. About 15.0% of Caltech freshmen got grants with an average of $5,637 each recipient.
How are scholarships and grants given away to first years at Caltech? View the graph below.
Scholarships are merit-based, while grants are given due to need.
How Family Income Affects Financial Aid
Learn just how much grant and scholarship assistance you might expect to receive determined by your family income. The chart below displays first year students getting federal Title IV aid such as PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 3.5% | $66,628 |
| Income 30k-48k | 5.6% | $68,328 |
| Income 48k-75k | 3.5% | $64,042 |
| Income 75k-110k | 3.5% | $59,296 |
| Income 110k + | 11.3% | $23,233 |
Title IV aid contains loans, grants, or work-study given by the government commonly determined by financial need. Learn more here.
The Typical Undergrad Receiving a Scholarship or Grant Obtains $41,062
60.0% of the 948 undergrads at California Institute of Technology obtain some type of grant aid. A total around 565 students receiving about $41,062 each.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to learn more.
California Institute of Technology Financial Aid Info
| Financial Aid Department Website | www.finaid.caltech.edu/ |
| Net Price Calculator | www.finaid.caltech.edu/npc |
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