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Caltech Financial Aid

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Number Received Financial Aid (All Undergraduate) 558
Percent Received Financial Aid(All Undergraduate) 59%
Average Aid Amount $42,648
Number Received Financial Aid (Freshmen) 175
Percent Received Financial Aid (Freshmen) 74%

Financial Aid Information at Caltech

For the academic year 2021-2022, a total of 558 students (59% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $42,648. For freshmen (Full-time, first-time degree-seeking undergraduate students), 175 students (74% of enrolled students) received financial aid.
The 2023 undergraduate tuition & fees at California Institute of Technology is $60,864, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 558 students (59% of all students) have received grants or scholarships and the average received aid amount is $42,648. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at California Institute of Technology for all undergraduate students.
Undergraduate Student Financial Aid at California Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid55859%$42,648
Pell Grants10711%$4,507
Federal Student Loans354%$5,780

Beginning Students Financial Aid

a total of 175 beginning students (74% of all freshmen) have received any financial aid and 139 students (59% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at California Institute of Technology.
Beginning Students (Freshmen) Financial Aid at California Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid17574%-
Grants or Scholarship from All Sources13457%$48,172
Federal Grants3816%$6,129
Pell Grants2711%$4,599
Other Federal Grants3113%$3,507
State/Local Grants42%$9,084
Institutional Grants13457%$46,163
Student Loans4921%$5,059
Federal Student Loans104%$5,500
Other Student Loans4117%$4,705

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