California Institute of Technology

www.caltech.edu

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2022 Undergraduate Tuition

$58,479

3.75% growth from 2021

2022 Average Net Price

$20,755

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

2.69%

16,626 Applicants

2022 Enrolled Students

2,401

100% Full-Time

2022 Graduation Rate

94%

221 Graduates

About

California Institute of Technology is a higher education institution located in Los Angeles County, CA. In 2022, the most popular Bachelors Degree concentrations at California Institute of Technology were Computer Science (77 degrees awarded), Mechanical Engineering (28 degrees), and General Physics (27 degrees).

In 2022, 561 degrees were awarded across all undergraduate and graduate programs at California Institute of Technology. 35.1% of these degrees were awarded to women, and 64.9% awarded men. The most common race/ethnicity group of degree recipients was white (176 degrees), 1.48 times more than then the next closest race/ethnicity group, asian (119 degrees).

The median undergraduate tuition at California Institute of Technology is $58,479, which is $28,329 more than the national average for Doctoral Universities ($30,150).

In 2020 the default rate for borrower's at California Institute of Technology was 0%, corresponding to 0 out of the 74 total borrowers.

About the photo: Beckman Institute @ Caltech

Photo by smerikal

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2022, the median undergraduate tuition at California Institute of Technology is $58,479, which is $28,329 more than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $20,755.

In 2022, 62% 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

$58,479

2022 Undergraduate Tuition

In 2022, the cost of tuition at California Institute of Technology was $58,479. The cost of tuition at California Institute of Technology is $28,329 more than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

Average Net Price

$20,755

2022 Value

31.2%

1 Year Growth

In 2022 California Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $20,755. Between 2021 and 2022, the average net price of California Institute of Technology grew by 31.2%.

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

$17,501

Room and Board

$1,428

Books and Supplies

The average yearly cost of room and board at California Institute of Technology was of $17,501 in 2022. The cost of room and board increased by 3.2% between 2021 and 2022.

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

62%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

62% of undergraduate students at California Institute of Technology received financial aid through grants or loans in 2022. This represents a growth of 3.33% with respect to 2021, when 60% 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.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at California Institute of Technology was 0%, which represents 0 out of the 74 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

California Institute of Technology received 16,626 undergraduate applications in 2022, which represents a 27.6% annual growth. Out of those 16,626 applicants, 448 students were accepted for enrollment, representing a 2.69% acceptance rate.

There were 2,401 students enrolled at California Institute of Technology in 2022.

California Institute of Technology has an overall enrollment yield of 50%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

2.69%

Acceptance Rate in 2022

448

Accepted Out of 16,626

In 2022, the undergraduate acceptance rate of California Institute of Technology was 2.69% (448 admissions from 16,626 applications). This is lower than the acceptance rate of 2021, which was 3.92%. Between 2021 and 2022, the number of applicants grew by 27.6%, while admissions declined by 12.2%.

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

0% of enrolled first-time students at California Institute of Technology in 2021 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 2,401 students in 2022. The full-time enrollment at California Institute of Technology is 2,401 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 26.7% White, 21.5% Asian, 13.1% Hispanic or Latino, 5.96% Two or More Races, 2.21% Black or African American, 0.0833% American Indian or Alaska Native, and 0.0416% Native Hawaiian or Other Pacific Islanders.

Students enrolled at California Institute of Technology in full-time Undergraduate programs are most commonly Asian Female (17.3%), followed by Asian Male (17.1%) and Hispanic or Latino Male (15.5%). Students enrolled in full-time Graduate programs are most commonly White Male (19%), followed by White Female (11.5%) and Asian Male (7.33%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at California Institute of Technology in 2022, both undergraduate and graduate, is 2,401 students. The full-time enrollment at California Institute of Technology is 2,401 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 77.4% 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

98%

2022 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 98%. Compared with the full-time retention rate at similar Doctoral Universities (84%), 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 (2022)

White
641 enrolled students
Asian
517 enrolled students
Hispanic or Latino
315 enrolled students

The enrolled student population at California Institute of Technology is 26.7% White, 21.5% Asian, 13.1% Hispanic or Latino, 5.96% Two or More Races, 2.21% Black or African American, 0.0833% American Indian or Alaska Native, and 0.0416% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 11 students (0.458%) did not report their race.

Graduates

In 2022, 167 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 (176 degrees awarded). There were 1.48 times more white recipients than the next closest race/ethnicity group, asian (119 degrees).

The most common Bachelor's Degree concentration at California Institute of Technology is Computer Science (77 degrees awarded), followed by Mechanical Engineering (28 degrees) and General Physics (27 degrees).

In 2022, 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 (158 degrees awarded), Engineering (237 degrees), and Math & Statistics (27 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 (1,062,675 people), Other managers (557,732 people), Physicians (489,096 people), Miscellaneous engineers, including nuclear engineers (405,346 people), and Postsecondary teachers (322,564 people).

The most specialized majors at California Institute of Technology in 2022 are Physical Sciences (158 degrees awarded), Engineering (237 degrees), Math & Statistics (27 degrees), Computer and Information Sciences and Support Services (84 degrees), and Biology (46 degrees) (as of 2022).

Highest Paying Jobs by Major

Podiatrists

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 Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Cardiovascular technologists and technicians

The most specialized majors at California Institute of Technology are Physical Sciences (158 degrees awarded), Engineering (237 degrees), Math & Statistics (27 degrees), Computer and Information Sciences and Support Services (84 degrees), and Biology (46 degrees) (as of 2022).

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 (1,132,927 people), Colleges, universities & professional schools, including junior colleges (675,427 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (638,069 people), Architectural, engineering & related services (525,838 people), and Elementary & secondary schools (412,992 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 (2022)

Computer Science
77 degrees awarded
Mechanical Engineering
28 degrees awarded
General Physics
27 degrees awarded

In 2022, the most common bachelors degree concentration at California Institute of Technology was Computer Science with 77 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

364

Degrees Awarded to Men

in 2022

197

Degrees Awarded to Women

in 2022

In 2022, 364 degrees were awarded to men at California Institute of Technology, which is 1.85 times more than the number of degrees awarded to females (197).

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

Most Common Male Majors

In 2022, 45 degrees were awarded to men at California Institute of Technology in Computer Science, which is 1.36 times more than the 33 female recipients with that same degree.

Most Common Female Majors

In 2022, 33 degrees were awarded to men at California Institute of Technology in Computer Science, which is 0.733 times less than the 45 male recipients with that same degree.

Time to Complete

86%

100% Completion Time

92%

150% Completion Time

In 2022, 86% 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, 92% completed their degrees within 150% of the normal time, and 92% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at California Institute of Technology is Male and Black or African American (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.36% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
176 degrees awarded
Asian
119 degrees awarded
Hispanic or Latino
67 degrees awarded

The most common race/ethnicity at California Institute of Technology is white (176 degrees awarded). There were 1.48 times more white recipients than the next closest race/ethnicity group, asian (119 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
114 degrees awarded
Asian Female
66 degrees awarded
White Female
62 degrees awarded

The most common race/ethnicity and sex grouping at California Institute of Technology is white male (114 degrees awarded). There were 1.73 times more white male recipients than the next closest race/ethnicity group, asian female (66 degrees).

Operations

California Institute of Technology has an endowment valued at nearly $3.39B, as of the end of the 2022 fiscal year. The return on its endowment was of −624M (−18.4%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, California Institute of Technology had a total salary expenditure of 3.34B. California Institute of Technology employs 263 Professors, 47 Assistant professors and 19 Instructors. Most academics at California Institute of Technology are Male Professor (210), Female Professor (53), and Male Assistant professor (27).

The most common positions for non-instructional staff at California Institute of Technology are: Computer, Engineering, and Science, with 659 employees, Research, with 589 employees, and Management with 326 employees.

Endowment

$3.39B

2022 Endowment

15.7%

decline from 2021

California Institute of Technology has an endowment valued at about $3.39B, as of the end of the 2022 fiscal year. The endowment of California Institute of Technology declined 15.7% from the previous year. The value of their endowment was $3.02B 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

$356M

2022 Salaries

3.87%

growth from 2021

In 2022, California Institute of Technology paid a median of $356M in salaries, which represents 10.7% of their overall expenditure ($3.34B) and a 3.87% growth from the previous year. This is compared to a 0.678% growth between 2020 and 2021, and a 6.52% growth between 2019 and 2020.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$82.2M

Instructional Salaries

343

Number of Employees

In 2022, California Institute of Technology paid a total of $82.2M to 343 employees working as instructors, which represents 23.1% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

263 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

659 Employees

In 2022, the most common positions for instructional staff at California Institute of Technology were Professor with 263 employees, Assistant professor with 47 employees, and Instructor with 19 employees.

In 2022, the most common positions for non-instructional staff at California Institute of Technology were Computer, Engineering, and Science with 659 employees, Research with 589 employees, and Management with 326 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Professor
Male Assistant professor

In 2022, the most common demographic for instructional staff at California Institute of Technology was Male Professor with 210 employees, Female Professor with 53 employees, and Male Assistant professor with 27 employees.

This chart shows the sex split between each academic rank present at California Institute of Technology.

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