California Institute of Technology

National College Match Scholarship Package

These numbers reflect estimated student expenses for the 2019-2020 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.

Annual Cost of Attendance

Tuition

$50,487

Room & Board

$15,525

Books & Supplies

$1,323

Travel

See below

Personal

$2,874

Required Fees

$2,375

Health Insurance

See below

Total

$72,584

How Costs Are Covered (annually)

Grants

$69,734

Federal Work-Study

$1,350

Student Summer Work Contribution

$1,500

Student Savings*

Varies

Parent Contribution

$0

Student Loan

$0

Total

$72,584

Policy Regarding Outside Funding
Outside funding is 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 funding may be used to cover the documented travel costs.  If the outside funding 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 2018-19 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).