Funded Scholarships are available at California Institute of Technology. California Institute of Technology, also known as Caltech, is a private research university which excels in Science and Engineering. Located in Pasadena, California, the university is among the top doctorate-granting universities. Moreover, the university is one among a small group of institutes of technology in the United States which is primarily provides the instruction of pure and applied sciences. Above all, it is ranked in 4th position in the QS World University Rankings 2019. In addition, it offers undergraduate core courses on sciences, Caltech offers top graduate programs in engineering, biology, chemistry, computer science, earth sciences, mathematics and physics. It has been known to have affiliations with 73 Nobel Laureates, 4 Fields Medalists, and 6 Turing Award winners.

All scholarships and grants at Caltech are need-based, as the Institute does not have a merit aid program. But also, Caltech will meet your demonstrated financial need through a combination of awards known as a financial aid package.  A typical package will consist of grants and scholarships, student employment, and student loans. Caltech Scholarships are gifts from institutional or external funds to help cover the cost of attending Caltech. The award amount depends entirely on your demonstrated financial need. The average financial aid at the university is $ 46321 and it covers 100% students’ full need.

Qualifying for an Aid at Caltech

• The aid depends on your family’s ability to contribute to your educational expenses on a yearly basis, based on the financial and household information you provide in your financial aid application.
• The needs analysis formula takes into account many factors, for instance, Family income, Family assets (not including retirement assets or the value of your primary residence), Taxes paid, Certain expenses, e.g. medical and childcare, Family size, and Number of students in college
• Furthermore, there are scholarships that come from the gifts to Caltech; those scholarships are also dependent on your need, but some have a merit component.

Applying to Receive an Aid

To qualify for an aid at Caltech, you have to apply to the university by providing a complete application including

• Common Application or the Coalition Application, also accepts application made through the QuestBridge National College Match
• $75 application fee or fee waiver (by request)
• Standardized tests
• Teacher evaluations
• Secondary School Report
• Academic transcripts
• TOEFL scores and International Financial Aid Statement of Intent for international students

In order to receive a financial aid, you need to submit

• CSS Profile by February 1
• Parents’ Tax Return and Caltech Scholarship Data Form by July 15
• In addition, domestic applicants should submit FAFSA by March 2