Types of Aid
Financial aid is available to all students to help cover the cost of attending Caltech. There are three main types of aid offered at Caltech:
- Grants & Scholarships - monetary gifts that are based on demonstrated financial need
- Work-Study - an allotment of money that needs to be earned each year by working on-campus or at other eligible institutions
- Loans - borrowed money that will need to be repaid with interest after leaving school
After filling out a financial aid application, undergraduate students will be considered for all three types of aid. Graduate students are only eligible for loan funding.