Caltech provides student financial aid (in the form of grants, scholarships, and loans) to those undergraduates with demonstrated financial need who desire to participate in the Institute-sponsored University of Chicago Study Away Program, Caltech Cambridge Scholars Program, Caltech Copenhagen Scholars Program, Caltech Edinburgh Scholars Program, École Polytechnique Scholars Program, Caltech London Scholars Program, or Melbourne Scholars Program. Enrollment in a study-abroad program approved for credit by Caltech will be considered enrollment at the Institute, for the purpose of applying for and receiving federal student financial assistance. To be eligible for consideration in Caltech’s study-abroad programs, students must be in good academic standing, as defined in the Caltech Catalog and as certified by the Institute’s registrar. They must also meet the minimum GPA requirement as outlined in the information provided by the Fellowships Advising and Study Abroad Office. In addition, students selected to be Cambridge, Copenhagen, École Polytechnique, Melbourne, or University College London scholars will be provided a memo of understanding outlining the terms of their study-abroad participation. (Check out Study Abroad.)
Costs include but are not limited to tuition, fees, housing, food/meals, additional meals not covered by a board contract, books, supplies, personal expenses, and a standard transportation allowance from the student’s home to Caltech. Transportation expenses related to the student’s travel between Caltech and the study-abroad institution are the responsibility of the student; financial aid recipients may be offered low interest Institute loans to cover study-abroad travel expenses. Students will have their expected family contribution and financial package calculated in the same manner as other students. Students studying abroad are subject to the standard Caltech policy of a maximum of 12 terms of eligibility for financial aid. University of Chicago Study Away Program, Cambridge, Copenhagen, University College London, École Polytechnique, University of Edinburgh, and Melbourne University candidates must meet all financial aid priority deadlines and eligibility requirements to receive aid. It is the student’s responsibility to ensure that all necessary documents are filed and complete with regard to their application for financial aid. University of Chicago Study Away Program participants and Cambridge, Copenhagen, University College London, École Polytechnique, University of Edinburgh, and University of Melbourne Scholars will continue to be considered for available federal, state, Caltech grant, scholarship, and loan funds. The Fellowships Advising and Study Abroad Office will make the necessary arrangements with the Bursar’s Office to ensure that scholars who may be eligible for funds in excess of the direct charges to the Institute receive those funds prior to their departure.