Our classes are hard, but paying for Caltech shouldn't be.
FAFSA Simplification Act will impact Fall 2024 applicants. More information will become available soon.
We meet 100% of a student's demonstrated financial need through grants, scholarships, work-study, and loans.
Caltech's approach to financial aid
We're committed to providing you and your family with a financial aid package that fully meets your demonstrated financial need. Through a combination of different types of aid, admitted Caltech students who applied for financial aid will receive aid that meets their level of financial need.
The Caltech Commitment
We meet 100% of demonstrated financial need. At Caltech, admissions is need-blind for domestic students (including undocumented and DACA students who graduate from a U.S. high school). That means we don't consider your ability to pay tuition when we're evaluating your application. We are need-aware for international students because the total amount of financial aid funds for international students is limited.
Caltech is also committed to meeting the needs of low- and middle-income families and have done so in several ways:
Awarding student scholarships based exclusively on financial need (you're also welcome and encouraged to apply for outside scholarships
Students from families making $90K or below, will receive a no loan financial aid package (package will consist of grants and work-study)
Since 2021, Caltech has increased significantly its investments in our students and families, investing millions of dollars more in annual financial aid and support packages
At least 20% of first-year students in the past three incoming class were Pell eligible students
Use the calculators below to get a sense of how much a Caltech education might cost for you and your family. Use the the net price calculator to see what students with a similar financial profile have paid to go to Caltech, taking into account grants and scholarships. Use our MyinTuition tool to anticipate your college costs and estimate your eligibility for need-based scholarships at Caltech by answering six basic financial questions.