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California Institute of Technology
For students with family incomes of $60,000 of less, after the family covers any EFC, the college covers the entire remaining student budget with work and grant aid.| For students with family incomes of $60,000 or less. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the college assures enough work and grant aid to cover these expenses |
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Total Expenses: $47,400
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Students with family incomes of $60,000 or less.
Students with family incomes of $60,000 or less.
How is EFC determined and used?
Institutional Methodology. The family is expected to cover any EFC, with a minimum student contribution of $2,000.
Institutional Methodology. The family is expected to cover any EFC, with a minimum student contribution of $2,000.
How much academic year work and/or need-based loans are included?
No loans and $2,100 in work-study.
No loans and $2,100 in work-study.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships generally reduce the work expectation before reducing institutional grant aid.
Outside scholarships generally reduce the work expectation before reducing institutional grant aid.
About the Institution (2007-08):
Location: Pasadena, CAType: Private 4-year
Undergraduate enrollment: 929
Pell Grant recipients (a measure of low-income enrollment): 11%
Proportion of graduating seniors with student debt: 39%
Average debt: $9,871
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