California Institute of Technology

This page will be updated by late summer 2021.

National College Match Scholarship Package

These numbers reflect estimated student expenses for the 2021-2022 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



Room & Board


Books & Supplies



See below



Required Fees


Orientation Fee


Health Insurance

See below



How Annual Costs Are Covered



Federal Work-Study


Student Summer Work Contribution


Student Savings


Parent Contribution


Student Loan




Policy Regarding Outside Funding
Outside funding is used to reduce 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 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 $3,567 for the 2021-2022 school year - $1,192 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.

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

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

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