We are committed to making a Caltech education accessible to all students who gain admission. Our nationally recognized need-based financial aid program has been highlighted by several leading publications including, Kiplinger's Personal Finance, The Princeton Review, and US News and World Report.
Notable characteristics of Caltech's financial aid program include:
- Need-blind admissions consideration for all US Citizens and Permanent Residents. Financial aid awards meet 100% of demonstrated need.
- Substantial need-based financial aid for international freshmen.
- Financial aid awards with comparatively modest levels of student loans and work-study.
We strive to keep academic-year work and student loans to manageable levels, so that the academic aspirations of our students are not impacted. On average, between 54% - 58% of Caltech undergraduate students receive need-based assistance.
Caltech's average undergraduate need-based financial aid package for the 2011-2012 academic year was $36,483 for full-time undergraduates.
Because of our students' extraordinary success in earning outside scholarships, the average indebtedness for the class of 2011 was $13,442 total for four years of education. This total is among the lowest for a four-year education at any college or university.
The Stamps Leadership Scholarship is a need-based merit scholarship awarded to only a select few students who have been admitted under the Freshman Early Action non-binding program (deadline: November 1) and qualify for financial aid. To learn more about this scholarship program, please visit The Stamps Foundation website:http://www.stampsfoundation.org.
The Net Price Calculator provides an early approximation of what a new first-year, undergraduate student can expect to pay at attend Caltech. Please note that the results provided here are only an estimate and do not guarantee the actual financial aid you will receive.
Please note that financial aid policies are subject to change at any time. For complete information about financial aid, please visit the Financial Aid website.