Caltech Ranks High Among Best U.S. Colleges for Financial Aid

Published : Tuesday, March 12, 2019 | 4:35 AM

Pasadena’s California Institute of Technology has ranked among the top 10 colleges in the United States that provide the best financial aid to its students, according to The Princeton Review, a private agency that provides personalized private tutoring, test prep, and admission products and services to help students their academic goals.

The agency is not affiliated with Princeton University.

The Review ranked U.S. colleges by how much financial aid they award, and how satisfied students are with the packages. The Review said the report is based on data collected from fall 2017 through summer 2018.

Caltech was listed as No. 9.

The report said Caltech students would need to spend an average of $64,704 for tuition, fees and room and board. But with an average need-based scholarship of $45,797, students may only need to pay an out-of-pocket cost of $18,907.

The Princeton Review described Caltech as a “small school in the mountains near Los Angeles” and a “worldwide academic powerhouse.”

“Beyond arguably one of the most rigorous undergraduate educations in science out there, Caltech is a small, tight-knit community that is ‘geared towards training tomorrow’s leaders and pioneers in the field of science,’” the report said.

Quoting student comments, the report continued: “There may be a heavy emphasis on scientific learning and research, but ‘not to the point where students can do nothing else,’ as the core curriculum ‘exposes each student to a broad range of subjects’ beyond the stereotypical fare. At Caltech, passionate researchers ‘work together to solve the problems of tomorrow, while enjoying great weather.’”

Other colleges on the top 10 financial aid list include Bowdoin College in Brunswick, Maine at No. 1; Vassar College in Poughkeepsie, New York at No. 2; Princeton University in Princeton, New Jersey, No. 3; Yale University in New Haven, Connecticut, No. 4; Pomona College in Claremont, No. 5; Vanderbilt University in Nashville, Tennessee, No. 6; Williams College in Williamstown, Massachusetts, No. 7; Washington University in St. Louis, Missouri, No. 8; and Colgate University in Hamilton, New York, No. 10.

blog comments powered by Disqus