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:

1. Grants & Scholarships: monetary gifts that are based on demonstrated financial need
2. Work-Study: an allotment of money that needs to be earned each year by working on-campus or at other eligible institutions
3. 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.