California Institute of Technology

I 

National College Match Scholarship Package

These numbers are based on costs for the 2017-2018 school year.  Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase.

Annual Cost of Attendance

Tuition

$48,111

Room & Board

$14,796

Books & Supplies

$1,323

Travel*

See below

Personal

$2,874

Required Fees

$2,297

Health Insurance**

See below

Total

$69,401

How Costs Are Covered (annually)

Grants

$66,551

Federal Work-Study

$1,350

Student Summer Work Contribution

$1,500

Student Savings***

Varies

Parent Contribution

$0

Student Loan

$0

Total

$69,401

 

Policy Regarding Outside Scholarships
Outside scholarships are used to reduce the Work-Study award and the minimum student summer work contribution.  If the student can document travel costs that exceed the standard allowance, outside scholarships may be used to cover the documented travel costs.  If the outside scholarship exceeds those three components, the excess will be used to reduce grants awarded to the student.

Policy on Health Insurance
**Health insurance is not included in the standard student expense budget. If the student cannot waive out of the Caltech Student Health Insurance Plan then s/he will receive an Institute Grant to cover their enrollment. The plan costs $2,463 for the 2017-18 school year -- $821 per Insurance Term. 

Policy on Travel Allowance
*Institute scholarship will only cover the standard travel allowance listed in the student's estimated cost of attendance.

Other Details: 
Employment award is Caltech Work-Study.

***The Student Savings contribution will vary based on total assets. It will never exceed $1,000.

Requirements Associated with Maintaining this Award
Student must maintain Satisfactory Academic Progress as defined by the Institute (see Catalog).