Hi everyone, I'm really interested in applying to Caltech and was wondering if someone could give me more information on their cost of attendance. Does it include tuition, housing, meal plans, and other fees? And do they offer good financial aid packages? Thanks!
Hello! Caltech's cost of attendance does include tuition, housing, meal plans, and other fees like student service fees and health insurance. The cost of attendance is an estimate of the total cost you can expect to incur as a student during the academic year. Here's a rough breakdown of Caltech's cost of attendance for the 2024-2025 academic year:
- Tuition: $63,402
- Housing: $11,697
- Meal plan: $8,586
- Student services fee: $2,496
- Personal Expenses: $3,213
- Books and supplies: $1,428
Please note that these figures are subject to change every year, so it's essential to check the Caltech website for the most updated information.
Regarding financial aid, Caltech is committed to meeting 100% of the demonstrated financial need for all admitted students. They offer need-based financial aid, which means aid is determined by your family's financial situation. Caltech typically awards packages consisting of grants, scholarships, work-study, and loans. It's worth mentioning that they have a robust no-loan policy for families with an income below $90,000, meaning these students will receive full-need financial aid packages without loans.
To get an estimate of your financial aid package at Caltech, you can use their Net Price Calculator available on their website. It'll provide a personalized estimation of your expected family contribution and potential aid based on your financial information. Remember, the final offer of financial aid will be determined after you complete and submit the required documentation, such as the FAFSA and CSS Profile.
Good luck with your application, and I hope this information helps you better understand Caltech's cost of attendance and financial aid opportunities!
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