Caltech Scholarships (Need-Based Financial Aid)

• No standard amount; the award depends entirely on demonstrated need and is renewable yearly, with the amount adjusting to need.
• Average grant aid for the incoming fall 2026 class: just under $69,000.
• Cost of attendance 2026-27 on campus: tuition $68,574, fees $2,655, housing $12,711, food $9,285 (direct costs $93,225).
• Caltech Work-Study, typically $2,500 a year, for students not eligible for federal aid, including most international students.

• Priority deadline, Restrictive Early Action applicants: December 15, 2025 (2026-27).
• Priority deadline, Regular Decision applicants: March 16, 2026 (2026-27).
• Continuing students: May 20, 2026.

1. Declare intent to apply for financial aid on the admissions application (required for international students).
2. Submit the financial aid application and documents for your applicant type (Restrictive Early Action or Regular Decision, domestic or international) through the Office of Financial Aid.
3. Reapply each year for renewal.

Need is estimated from income, assets (excluding retirement assets and primary residence), certain expenses and family size. Admissions is need-blind for domestic applicants and need-aware for international applicants because international aid funds are limited.