How Caltech's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at California Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 580, which is 60.11 % of all undergraduate students. 90 students which is 9.33% of undergraduate students received federal student loans and the average loan amount is $5,748.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	588 (60%)	$29,759	110 (11%)	$3,913	225 (23%)	$4,823
2014-15	585 (60%)	$31,734	127 (13%)	$4,223	206 (21%)	$5,309
2015-16	604 (60%)	$33,968	127 (13%)	$4,065	147 (15%)	$5,456
2016-17	599 (61%)	$35,251	121 (12%)	$4,103	42 (4%)	$5,898
2017-18	565 (59%)	$39,500	136 (14%)	$4,545	45 (5%)	$5,701
2018-19	565 (60%)	$41,062	128 (14%)	$4,313	40 (4%)	$6,017
2019-20	558 (59%)	$42,648	107 (11%)	$4,507	35 (4%)	$5,780
2020-21	545 (60%)	$43,064	104 (12%)	$4,557	35 (4%)	$6,476
2021-22	613 (62%)	$47,135	138 (14%)	$4,847	39 (4%)	$6,275
Average	580 (60.11%)	$38,236	122 (12.67%)	$4,341	90 (9.33%)	$5,748

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 130 (54.67 % of students) received grants or scholarships and its average amount is $43,308. It can cover 68.47% of tuition & fees ($63,255).

In addition, 47 (19.78 % of students) students get helped from the students loans (average amount : $6,333).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	136 (55%)	$31,845	51 (21%)	$4,749
2014-15	124 (55%)	$37,777	40 (18%)	$4,314
2015-16	140 (58%)	$36,632	54 (22%)	$7,732
2016-17	123 (52%)	$41,408	46 (20%)	$5,988
2017-18	114 (49%)	$42,540	50 (21%)	$4,766
2018-19	127 (55%)	$44,646	50 (22%)	$6,596
2019-20	134 (57%)	$48,172	49 (21%)	$5,059
2020-21	121 (54%)	$47,556	41 (18%)	$5,240
2021-22	155 (57%)	$59,192	40 (15%)	$12,553
Average	130 (54.67%)	$43,308	47 (19.78%)	$6,333

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 31 (12.67 % of students) received Pell (federal) grants and its average amount is $4,481.

In addition, 5 students received State/local government grants/scholarships (2.11 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	21 (8%)	$3,636	24 (10%)	$4,000	3 (1%)	$9,084	136 (55%)	$30,378
2014-15	37 (16%)	$4,144	25 (11%)	$4,000	5 (2%)	$3,634	124 (55%)	$35,587
2015-16	27 (11%)	$4,106	26 (11%)	$3,846	8 (3%)	$9,084	140 (58%)	$34,607
2016-17	31 (13%)	$4,393	25 (11%)	$3,893	3 (1%)	$9,084	123 (52%)	$39,288
2017-18	28 (12%)	$5,231	23 (10%)	$4,000	6 (3%)	$9,084	114 (49%)	$39,970
2018-19	27 (12%)	$4,432	18 (8%)	$4,000	6 (3%)	$9,084	127 (55%)	$42,708
2019-20	27 (11%)	$4,599	31 (13%)	$3,507	4 (2%)	$9,084	134 (57%)	$46,163
2020-21	22 (10%)	$4,619	24 (11%)	$3,889	5 (2%)	$9,084	121 (54%)	$45,569
2021-22	57 (21%)	$5,165	42 (16%)	$3,968	6 (2%)	$9,220	155 (57%)	$55,860
Average	31 (12.67%)	$4,481	26 (11.22%)	$3,900	5 (2.11%)	$8,494	130 (54.67%)	$41,126

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 47 (19.78 % of students) get any students loan help and its average loan amount is $47.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	51 (21%)	$4,749	45 (18%)	$4,301	8 (3%)	$6,083
2014-15	40 (18%)	$4,314	34 (15%)	$4,432	6 (3%)	$3,645
2015-16	54 (22%)	$7,732	6 (2%)	$4,861	51 (21%)	$7,614
2016-17	46 (20%)	$5,988	10 (4%)	$5,380	41 (17%)	$5,406
2017-18	50 (21%)	$4,766	11 (5%)	$5,273	45 (19%)	$4,006
2018-19	50 (22%)	$6,596	11 (5%)	$4,970	46 (20%)	$5,981
2019-20	49 (21%)	$5,059	10 (4%)	$5,500	41 (17%)	$4,705
2020-21	41 (18%)	$5,240	11 (5%)	$5,333	33 (15%)	$4,732
2021-22	40 (15%)	$12,553	16 (6%)	$5,438	33 (12%)	$12,579
Average	47 (19.78%)	$6,333	17 (7.11%)	$5,054	34 (14.11%)	$6,083

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Scholarships, Grants, and Loan Trends at Caltech

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time