Paying for a Caltech Education
Attending one of the top STEM universities in the world, like the California Institute of Technology, comes with a high price tag. However, many talented prospective students need help affording Caltech when robust financial aid options are available. Caltech annually awards over $100 million in scholarship funding through endowed grants, federal programs, and institutional packages. Let us explore some of Caltech’s premier scholarship opportunities and how to maximize your eligibility.
Caltech Undergraduate Scholarships
- Merit Scholarships: Renewable awards of up to full tuition based on academics, extracurricular leadership, and essays demonstrating your potential.
- Need-Based Aid: Caltech meets 100% of calculated financial need through grants, work-study, and subsidized loans for all admitted students. No repayment is required.
- Special Scholarships: Targeted awards include those for first-generation college students, Caltech alums/families, and those recognizing diverse backgrounds.
- Outside Scholarship Database: Caltech provides access to national scholarship databases to supplement internal funding options.
How to Apply
The admission and scholarship applications are combined. Materials must be submitted by Caltech’s early deadline:
- Common Application with additional required Caltech questions and supplements.
- Transcripts, test scores, activity listings, letters of recommendation.
- FAFSA and CSS Profile financial aid forms.
Frequently Asked Questions
Q: How competitive are Caltech merit scholarships?
A: Scholarship applicants are among the most exceptional students worldwide. Your demonstrated passion and experience will strengthen your application.
Q: Is the financial aid process overwhelming?
A: Caltech’s aid specialists are available to support you. Reach out early with your specific circumstances or application questions.
Q: What if I need additional assistance?
A: Caltech awards aid in multi-year packages, and up to 60% of students receive need-based aid, work-study, or outside scholarships. Communicate any changes in finances.