Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 54.67% of students received grants or scholarships and 20% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14588 (60%)$29,759110 (11%)$3,913225 (23%)$4,823
2014-15585 (60%)$31,734127 (13%)$4,223206 (21%)$5,309
2015-16604 (60%)$33,968127 (13%)$4,065147 (15%)$5,456
2016-17599 (61%)$35,251121 (12%)$4,10342 (4%)$5,898
2017-18565 (59%)$39,500136 (14%)$4,54545 (5%)$5,701
2018-19565 (60%)$41,062128 (14%)$4,31340 (4%)$6,017
2019-20558 (59%)$42,648107 (11%)$4,50735 (4%)$5,780
2020-21545 (60%)$43,064104 (12%)$4,55735 (4%)$6,476
2021-22613 (62%)$47,135138 (14%)$4,84739 (4%)$6,275
Average580 (60.11%)$38,236122 (12.67%)$4,34190 (9.33%)$5,748
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14136 (55%)$31,84551 (21%)$4,749
2014-15124 (55%)$37,77740 (18%)$4,314
2015-16140 (58%)$36,63254 (22%)$7,732
2016-17123 (52%)$41,40846 (20%)$5,988
2017-18114 (49%)$42,54050 (21%)$4,766
2018-19127 (55%)$44,64650 (22%)$6,596
2019-20134 (57%)$48,17249 (21%)$5,059
2020-21121 (54%)$47,55641 (18%)$5,240
2021-22155 (57%)$59,19240 (15%)$12,553
Average130 (54.67%)$43,30847 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1421 (8%)$3,63624 (10%)$4,0003 (1%)$9,084136 (55%)$30,378
2014-1537 (16%)$4,14425 (11%)$4,0005 (2%)$3,634124 (55%)$35,587
2015-1627 (11%)$4,10626 (11%)$3,8468 (3%)$9,084140 (58%)$34,607
2016-1731 (13%)$4,39325 (11%)$3,8933 (1%)$9,084123 (52%)$39,288
2017-1828 (12%)$5,23123 (10%)$4,0006 (3%)$9,084114 (49%)$39,970
2018-1927 (12%)$4,43218 (8%)$4,0006 (3%)$9,084127 (55%)$42,708
2019-2027 (11%)$4,59931 (13%)$3,5074 (2%)$9,084134 (57%)$46,163
2020-2122 (10%)$4,61924 (11%)$3,8895 (2%)$9,084121 (54%)$45,569
2021-2257 (21%)$5,16542 (16%)$3,9686 (2%)$9,220155 (57%)$55,860
Average31 (12.67%)$4,48126 (11.22%)$3,9005 (2.11%)$8,494130 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1451 (21%)$4,74945 (18%)$4,3018 (3%)$6,083
2014-1540 (18%)$4,31434 (15%)$4,4326 (3%)$3,645
2015-1654 (22%)$7,7326 (2%)$4,86151 (21%)$7,614
2016-1746 (20%)$5,98810 (4%)$5,38041 (17%)$5,406
2017-1850 (21%)$4,76611 (5%)$5,27345 (19%)$4,006
2018-1950 (22%)$6,59611 (5%)$4,97046 (20%)$5,981
2019-2049 (21%)$5,05910 (4%)$5,50041 (17%)$4,705
2020-2141 (18%)$5,24011 (5%)$5,33333 (15%)$4,732
2021-2240 (15%)$12,55316 (6%)$5,43833 (12%)$12,579
Average47 (19.78%)$6,33317 (7.11%)$5,05434 (14.11%)$6,083

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