California Institute of Technology

www.caltech.edu

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2024 Undergraduate Tuition

$63,402

4.25% growth from 2023

2024 Average Net Price

$14,513

After Financial Aid

2024 Acceptance Rate

2.57%

13,856 Applicants

2024 Enrolled Students

2,430

100% Full-Time

2024 Graduation Rate

94.4%

218 Graduates

About

California Institute of Technology is a higher education institution located in Los Angeles County, CA. In 2024, the most popular Bachelors Degree concentrations at California Institute of Technology were Computer Science (94 degrees awarded), Mechanical Engineering (38 degrees), and General Physics (22 degrees).

In 2024, 591 degrees were awarded across all undergraduate and graduate programs at California Institute of Technology. 37.4% of these degrees were awarded to women, and 62.6% awarded men. The most common race/ethnicity group of degree recipients was white (147 degrees), 1 times more than then the next closest race/ethnicity group, asian (147 degrees).

The median undergraduate tuition at California Institute of Technology is $63,402, which is $31,482 more than the national average for Doctoral Universities ($31,920).

About the photo: Beckman Institute @ Caltech

Photo by smerikal

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2024, the median undergraduate tuition at California Institute of Technology is $63,402, which is $31,482 more than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $14,513.

In 2024, 59% of undergraduate students attending California Institute of Technology received financial aid through grants. Comparatively, 4% of undergraduate students received financial aid through loans.

Tuition Costs

$63,402

2024 Undergraduate Tuition

In 2024, the cost of tuition at California Institute of Technology was $63,402. The cost of tuition at California Institute of Technology is $31,482 more than than the overall (public and private) national average for Doctoral Universities ($31,920).

This chart compares the tuition costs of California Institute of Technology (in red) with those of other similar universities.

Average Net Price

$14,513

2024 Value

38%

1 Year Growth

In 2024 California Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $14,513. Between 2023 and 2024, the average net price of California Institute of Technology grew by 38%.

This chart compares the average net price of California Institute of Technology (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$19,467

Room and Board

$1,428

Books and Supplies

The average yearly cost of room and board at California Institute of Technology was of $19,467 in 2024. The cost of room and board increased by 6.99% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,428. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at California Institute of Technology (in red) with that of similar universities.

Financial Aid by Income Level

59%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

59% of undergraduate students at California Institute of Technology received financial aid through grants or loans in 2024. This represents a decline of 3.28% with respect to 2023, when 61% of undergraduate students received financial aid.

This chart compares the average award discount at California Institute of Technology (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Admissions

California Institute of Technology received 13,856 undergraduate applications in 2024, which represents a 5.71% annual growth. Out of those 13,856 applicants, 356 students were accepted for enrollment, representing a 2.57% acceptance rate.

There were 2,430 students enrolled at California Institute of Technology in 2024. 45% of first-time enrollees submitted SAT scores with their applications.

California Institute of Technology has an overall enrollment yield of 61.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

2.57%

Acceptance Rate in 2024

356

Accepted Out of 13,856

In 2024, the undergraduate acceptance rate of California Institute of Technology was 2.57% (356 admissions from 13,856 applications). This is lower than the acceptance rate of 2023, which was 3.14%. Between 2023 and 2024, the number of applicants grew by 5.71%, while admissions declined by 13.6%.

This chart compares the acceptance rate of California Institute of Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

45%

Submission Percentage (2020)

101

Scores Submitted (2020)

45% of enrolled first-time students at California Institute of Technology in 2020 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

California Institute of Technology had a total enrollment of 2,430 students in 2024. The full-time enrollment at California Institute of Technology is 2,430 students and the part-time enrollment is 0. This means that 100% of students enrolled at California Institute of Technology are enrolled full-time.

The enrolled student population at California Institute of Technology, both undergraduate and graduate, is 23% White, 22.6% Asian, 11.4% Hispanic or Latino, 6.46% Two or More Races, 2.8% Black or African American, 0.0823% American Indian or Alaska Native, and 0.0823% Native Hawaiian or Other Pacific Islanders.

Students enrolled at California Institute of Technology in full-time Undergraduate programs are most commonly Asian Male (18.4%), followed by Asian Female (17.3%) and Hispanic or Latino Male (12.1%). Students enrolled in full-time Graduate programs are most commonly White Male (16.4%), followed by White Female (10.2%) and Asian Male (7.53%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at California Institute of Technology in 2024, both undergraduate and graduate, is 2,430 students. The full-time enrollment at California Institute of Technology is 2,430 and the part-time enrollment is 0. This means that 100% of students enrolled at California Institute of Technology are enrolled full-time compared with 77.3% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at California Institute of Technology (in red) compares to similar universities.

Retention Rate over Time

97%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at California Institute of Technology was 97%. Compared with the full-time retention rate at similar Doctoral Universities (82%), California Institute of Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at California Institute of Technology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
560 enrolled students
Asian
550 enrolled students
Hispanic or Latino
277 enrolled students

The enrolled student population at California Institute of Technology is 23% White, 22.6% Asian, 11.4% Hispanic or Latino, 6.46% Two or More Races, 2.8% Black or African American, 0.0823% American Indian or Alaska Native, and 0.0823% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 4 students (0.165%) did not report their race.

Graduates

In 2024, 149 fewer women than men received degrees from California Institute of Technology. The most common race/ethnicity group of degree recipients at California Institute of Technology is white (147 degrees awarded). There were 1 times more white recipients than the next closest race/ethnicity group, asian (147 degrees).

The most common Bachelor's Degree concentration at California Institute of Technology is Computer Science (94 degrees awarded), followed by Mechanical Engineering (38 degrees) and General Physics (22 degrees).

In 2024, the most specialized majors across all degree types at California Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Physical Sciences (159 degrees awarded), Engineering (245 degrees), and Math & Statistics (26 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at California Institute of Technology are Software developers (1,220,113 people), Other managers (590,228 people), Physicians (502,765 people), Miscellaneous engineers, including nuclear engineers (434,936 people), and Civil engineers (328,002 people).

The most specialized majors at California Institute of Technology in 2024 are Physical Sciences (159 degrees awarded), Engineering (245 degrees), Math & Statistics (26 degrees), Computer and Information Sciences and Support Services (96 degrees), and Biology (38 degrees) (as of 2024).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at California Institute of Technology are Surgeons, Podiatrists, Magnetic resonance imaging technologists, Physicians, and Cardiovascular technologists and technicians

The most specialized majors at California Institute of Technology are Physical Sciences (159 degrees awarded), Engineering (245 degrees), Math & Statistics (26 degrees), Computer and Information Sciences and Support Services (96 degrees), and Biology (38 degrees) (as of 2024).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at California Institute of Technology are Computer Systems Design (1,247,881 people), Colleges, universities & professional schools, including junior colleges (710,477 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (702,472 people), Architectural, engineering & related services (563,811 people), and Elementary & secondary schools (444,253 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by California Institute of Technology.

Most Common (2024)

Computer Science
94 degrees awarded
Mechanical Engineering
38 degrees awarded
General Physics
22 degrees awarded

In 2024, the most common bachelors degree concentration at California Institute of Technology was Computer Science with 94 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at California Institute of Technology according to their major.

Sex Breakdown for Common Majors

370

Degrees Awarded to Men

in 2024

221

Degrees Awarded to Women

in 2024

In 2024, 370 degrees were awarded to men at California Institute of Technology, which is 1.67 times more than the number of degrees awarded to females (221).

This chart displays the sex disparity between the top 5 majors at California Institute of Technology by degrees awarded.

Most Common Male Majors

In 2024, 52 degrees were awarded to men at California Institute of Technology in Computer Science, which is 1.24 times more than the 42 female recipients with that same degree.

Most Common Female Majors

In 2024, 42 degrees were awarded to men at California Institute of Technology in Computer Science, which is 0.808 times less than the 52 male recipients with that same degree.

Time to Complete

81%

100% Completion Time

94%

150% Completion Time

In 2024, 81% of students graduating from California Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 94% completed their degrees within 150% of the normal time, and 94% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
147 degrees awarded
Asian
147 degrees awarded
Hispanic or Latino
56 degrees awarded

The most common race/ethnicity at California Institute of Technology is white (147 degrees awarded). There were 1 times more white recipients than the next closest race/ethnicity group, asian (147 degrees).

0.846% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Male
158 degrees awarded
White Male
144 degrees awarded
White Male
143 degrees awarded

The most common race/ethnicity and sex grouping at California Institute of Technology is white male (158 degrees awarded). There were 1.1 times more white male recipients than the next closest race/ethnicity group, white male (144 degrees).

Operations

California Institute of Technology has an endowment valued at nearly $4.23B, as of the end of the 2024 fiscal year. The return on its endowment was of 591M (14%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, California Institute of Technology had a total salary expenditure of 3.6B. California Institute of Technology employs 258 Professors, 42 Assistant professors and 9 Instructors. Most academics at California Institute of Technology are Male Professor (204), Female Professor (54), and Male Assistant professor (23).

The most common positions for non-instructional staff at California Institute of Technology are: Computer, Engineering, and Science, with 728 employees, Research, with 574 employees, and Management with 354 employees.

Endowment

$4.23B

2024 Endowment

17.5%

growth from 2023

California Institute of Technology has an endowment valued at about $4.23B, as of the end of the 2024 fiscal year. The endowment of California Institute of Technology grew 17.5% from the previous year. The value of their endowment was $3.98B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at California Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Salary Expenditure

$399M

2024 Salaries

7.55%

growth from 2023

In 2024, California Institute of Technology paid a median of $399M in salaries, which represents 11.1% of their overall expenditure ($3.6B) and a 7.55% growth from the previous year. This is compared to a 4.16% growth between 2022 and 2023, and a 3.87% growth between 2021 and 2022.

Instructional Salaries

$85.4M

Instructional Salaries

325

Number of Employees

In 2024, California Institute of Technology paid a total of $85.4M to 325 employees working as instructors, which represents 21.4% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at California Institute of Technology were Computer, Engineering, and Science with 728 employees, Research with 574 employees, and Management with 354 employees.

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