What’s the cost and financial aid like at Caltech?
Posted on Feb 03, 2026 / Travel
Caltech’s tuition and fees can be expensive, like many top-tier private universities, but they also offer significant financial aid to make it affordable for students who need support. Many undergraduates receive need-based aid to cover tuition, housing, and other costs. Caltech aims to make sure that financial barriers don’t stop talented students from attending, and aid packages are based on a family’s financial situation. For graduate students, tuition is often fully covered with merit-based support and stipends. There are also scholarships, work-study options, and external fellowships students can apply for. Before deciding to enroll, it’s smart to look closely at the financial aid offer and ask the admissions office any questions you have. Talking with a financial advisor at the school can help you plan your budget.
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