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California Institute of Technology
Pasadena, California
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What Caltech Fin Aid Are You Eligible For?

The price tag of going to Caltech can sound overwhelming, but don't forget that almost all students are given some form of financial help. This may be in the form of a loan, scholarship, grant, or work-study.

The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from California Institute of Technology.

Table of Contents

  • Available Freshman Financial Aid
  • Grants & Scholarships for Freshmen
  • Income Based Financial Aid
  • Scholarship Breakdown By Undergraduate
  • Link to Caltech FinAid Calculator
  • Additional Financial Aid Resources

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.

College Reductions

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.

Apply for Scholarships
Student Loans at Caltech

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.

Grants vs. Scholarships

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 LevelPercent of FreshmanAverage Assistance
Income 0-30k3.5%$66,628
Income 30k-48k5.6%$68,328
Income 48k-75k3.5%$64,042
Income 75k-110k3.5%$59,296
Income 110k +11.3%$23,233
Title IV Aid

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.

Looking for Detail About Tuition and Fees Costs?

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 Websitewww.finaid.caltech.edu/
Net Price Calculatorwww.finaid.caltech.edu/npc
Request Info

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