What You Should Know On Caltech Financial Aid
Did you know financial assistance and scholarship or grant qualifications are determined by distinct conditions? Continue reading to find information to help you to understand how much assistance and scholarships can be expected from California Institute of Technology.
How Much Financial Assistance is Available?
$42,091 is the typical California Institute of Technology's first year financial aid deal. Around 55.0% of freshman students obtain financial assistance, the majority of which is scholarships and grants.
Financial aid incorporates scholarships, grants, and student loans. However, loans must be repaid, so they are not a real discount.
A college loan isn't a genuine college price reduction, but rather an outcome to consider. Find out how much student loan debt from Caltech you may end up dealing with.
How Much Aid is Offered That I Don't Have to Pay Back? (A.K.A. Scholarships & Grants)?
The stats listed below make reference to help which is provided by California Institute of Technology.
55.0% of first year students (124 total) were awarded scholarships at California Institute of Technology, averaging $35,587 per person. This puts it in the top 20th percentile of all colleges nationwide. This puts it in the top 40th percentile of all colleges nationwide. This puts it in the middle 20th percentile of all colleges nationwide. This puts it in the bottom 40th percentile of all colleges nationwide. This puts it in the bottom 20th percentile of all colleges nationwide.
41 first years also received a grant. About 18.0% Caltech freshmen got grants with an average of $6,179 each recipient.How are scholarships and grants given away to first years at Caltech? View the graph listed below.
Scholarships are merit-based, while grants are given due to need.
How Family Income Affects Aid
Learn just how much grand and scholarship assistance you might expect to receive determined by your family income. The table below displays first year students getting federal Title IV aid such as PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 6.2% | $50,926 |
| Income 30k-48k | 4.4% | $52,662 |
| Income 48k-75k | 8.8% | $50,726 |
| Income 75k-110k | 3.1% | $29,059 |
| Income 110k + | 15.0% | $18,295 |
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 $31,734
60.0% of the 983 undergrads at California Institute of Technology obtain some sort of grant aid. This is a total around 585 students receiving about $31,734 each.
California Institute of Technology Financial Aid Info
| Financial Aid Department Website | www.finaid.caltech.edu/ |
| Net Price Calculator | www.finaid.caltech.edu/ |
