Affording Caltech

Caltech’s financial aid program has consistently been recognized as one of the best in the country.  We strive to keep academic-year work and student loans to manageable levels, so that the academic aspirations of our students are not impacted.

For United States citizens and permanent residents we are need blind (that is, we don’t consider a family's ability to pay as a factor in the admissions process), and our financial aid packages meet 100 percent of demonstrated need.

The amount of self-help expected of a student is established annually by the Institute. For the 2006–2007 academic year, the maximum loan expectation was $3,500.  Because of our students' extraordinary success in earning outside scholarships, the average indebtedness for the class of 2007 was $6,268 total for four year of education. This total is among the lowest for a four-year education at any college or university. Our average financial aid package for the 2006–2007 academic year was $28,580 for full-time undergraduate students.

Beginning with undergraduates entering in the fall of 2008, most domestic students whose total family incomes are $60,000 per year or less will be offered a financial aid package that substitutes scholarship aid for loans.

Financial aid is available for international freshman.

For complete information about financial aid, please visit the Financial Aid website.

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