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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.   


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