California Institute of Technology

National College Match Scholarship Package

These numbers reflect estimated student expenses for the 2023-2024 school year. Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase. Your official financial aid award will be included in a letter directly from Caltech.

Policy on Outside Funding
Outside funding can be used to reduce the work study offer. If the student can document travel costs that exceed the standard allowance, outside funding may be used to cover the documented travel costs. If the outside funding exceeds those two 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 they will receive an Institute Grant to cover their enrollment. The plan costs $4,998 for the 2023-2024 school year - $1,666 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.

Policy on Student Contribution
The Student Contribution will be calculated based on total income and assets reported on the FAFSA.

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

Orientation Fee 
All entering undergraduate students are charged a one-time $500 orientation Fee.