California Institute of Technology

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2020 Undergraduate Tuition
$54,570
3.93% growth from 2019
2020 Average Net Price
$26,591
After Financial Aid
2020 Acceptance Rate
6.69%
8,007 Applicants
2020 Enrolled Students
2,240
100% Full-Time
2020 Graduation Rate
91.6%
206 Graduates

About

California Institute of Technology is a higher education institution located in Los Angeles County, CA. In 2016, the most popular Bachelor's Degree concentrations at California Institute of Technology were Computer Science (72 degrees awarded), General Physics (34 degrees), and Electrical & Electronics Engineering (15 degrees).

In 2020, 454 degrees were awarded across all undergraduate and graduate programs at California Institute of Technology. 36.8% of these degrees were awarded to women, and 63.2% awarded men. The most common race/ethnicity group of degree recipients was white (149 degrees), 1.54 times more than then the next closest race/ethnicity group, asian (97 degrees).

The median undergraduate tuition at California Institute of Technology is $54,570, which is $25,941 more than the national average for Doctoral Universities ($28,629).

About the photo: Beckman Institute @ Caltech

Costs

The median undergraduate tuition at California Institute of Technology is $54,570, which is $25,941 more than the national average for Doctoral Universities ($28,629).

After taking grants and loans into account, the average net price for students is $26,591.

In 2020, 59% of undergraduate students attending California Institute of Technology received financial aid through grants. Comparatively, 4% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$54,570
2020 Undergraduate Tuition

In 2020, the cost of tuition at California Institute of Technology was $54,570. The cost of tuition at California Institute of Technology is $25,941 more than than the overall (public and private) national average for Doctoral Universities ($28,629).

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

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Average Net Price

$26,591
2020 Value
3.09%
1 Year Growth

In 2020 California Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $26,591. Between 2019 and 2020, the average net price of California Institute of Technology grew by 3.09%.

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.

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Other Student Expenses

$15,638
Room and Board
$1,428
Books and Supplies

The average yearly cost of room and board at California Institute of Technology was of $15,638 in 2020. During the same period, the average yearly cost of books and supplies was $1,428. The cost of room and board increased by 6.73% between 2019 and 2020. The cost of books and supplies increased by 7.94% during the same period.

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

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Financial Aid

Financial Aid by Income Level

59%
Undergraduates Receiving Financial Aid through Grants
4%
Undergraduates Receiving Financial Aid through Loans

59% of undergraduate students at California Institute of Technology received financial aid through grants or loans in 2020. This represents a decline of 1.67% with respect to 2019, 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.

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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.
0%
2018 Default Rate
0
Number of Defaults

In 2018 the default rate for borrower's at California Institute of Technology was 0%, which represents 0 out of the 92 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.

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Admissions

California Institute of Technology received 8,007 undergraduate applications in 2020, which represents a 4.3% annual decline. Out of those 8,007 applicants, 536 students were accepted for enrollment, representing a 6.69% acceptance rate.

There were 2,240 students enrolled at California Institute of Technology in 2020, and 45% of first-time enrollees submitted SAT scores with their applications.

California Institute of Technology has an overall enrollment yield of 42%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

6.69%
Acceptance Rate in 2020
536
Accepted Out of 8,007

In 2020, the undergraduate acceptance rate of California Institute of Technology was 6.69% (536 admissions from 8,007 applications). This is higher than the acceptance rate of 2019, which was 6.42%. Between 2019 and 2020, the number of applicants declined by −4.3%, while admissions declined by −0.186%.

This chart compares the acceptance rate of California Institute of Technology (in red) with that of other similar universities.

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SAT Scores

45%
Submission Percentage
101
Scores Submitted

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

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

California Institute of Technology has a total enrollment of 2,240 students. The full-time enrollment at California Institute of Technology is 2,240 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 29.1% White, 22.9% Asian, 10.6% Hispanic or Latino, 5.36% Two or More Races, 1.03% Black or African American, 0.0893% American Indian or Alaska Native, and 0.0446% Native Hawaiian or Other Pacific Islanders.

Students enrolled at California Institute of Technology in full-time Undergraduate programs are most commonly Asian Female (22.3%), followed by Asian Male (17.4%) and Hispanic or Latino Male (14.1%). Students enrolled in full-time Graduate programs are most commonly White Male (22.2%), followed by White Female (10.7%) and Asian Male (7.09%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at California Institute of Technology, both undergraduate and graduate, is 2,240 students. The full-time enrollment at California Institute of Technology is 2,240 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 76.4% 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.

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Retention Rate over Time

94%
2020 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 94%. Compared with the full-time retention rate at similar Doctoral Universities (84.5%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    651
  2. Asian
    514
  3. Hispanic or Latino
    237

The enrolled student population at California Institute of Technology is 29.1% White, 22.9% Asian, 10.6% Hispanic or Latino, 5.36% Two or More Races, 1.03% Black or African American, 0.0893% American Indian or Alaska Native, and 0.0446% 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 49.8% White, 15.1% Hispanic or Latino, and 9.74% 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, 9 students (0.402%) did not report their race.

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Graduates

In 2020, 120 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 (149 degrees awarded). There were 1.54 times more white graduates than the next closest race/ethnicity group, asian (97 degrees).

The most common Bachelor's Degree concentration at California Institute of Technology is Computer Science (72 degrees awarded), followed by General Physics (34 degrees) and Electrical & Electronics Engineering (15 degrees).

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 (114 degrees awarded), Engineering (196 degrees), and Math & Statistics (26 degrees).

Workforce

Common Jobs by Major

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 (873,308 people), Other managers (528,780 people), Physicians (471,325 people), Miscellaneous engineers, including nuclear engineers (366,945 people), and Postsecondary teachers (313,257 people).

The most specialized majors at California Institute of Technology are Physical Sciences (114 degrees awarded), Engineering (196 degrees), Math & Statistics (26 degrees), Computer and Information Sciences and Support Services (74 degrees), and Biology (34 degrees).

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Highest Paying Jobs by Major

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, Magnetic resonance imaging technologists, Securities, commodities, & financial services sales agents, Physicians, and Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining

The most specialized majors at California Institute of Technology are Physical Sciences (114 degrees awarded), Engineering (196 degrees), Math & Statistics (26 degrees), Computer and Information Sciences and Support Services (74 degrees), and Biology (34 degrees).

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Common Industries by Major

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 (1,002,239 people), Colleges, universities & professional schools, including junior colleges (634,876 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (604,083 people), Architectural, engineering & related services (493,735 people), and Elementary & secondary schools (382,840 people).

The most specialized majors at California Institute of Technology are Physical Sciences (114 degrees awarded), Engineering (196 degrees), Math & Statistics (26 degrees), Computer and Information Sciences and Support Services (74 degrees), and Biology (34 degrees).

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Degrees

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
  1. 72 degree-majorss awarded
  2. 34 degree-majorss awarded
  3. 15 degree-majorss awarded

In 2020, the most common bachelors degree concentration at California Institute of Technology was Computer Science with 72 degrees awarded.

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

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Sex Breakdown for Common Majors

287
Degrees Awarded to Men
in 2020
167
Degrees Awarded to Women
in 2020

In 2020, 287 degrees were awarded to men at California Institute of Technology, which is 1.72 times more than the number of degrees awarded to females (167).

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

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Most Common Male Majors

In 2020, 37 degrees were awarded to men at California Institute of Technology in Computer Science, which is 1.03 times more than the 36 female recipients with that same degree.

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Most Common Female Majors

In 2020, 36 degrees were awarded to women at California Institute of Technology in Computer Science, which is 0.973 times less than the 37 male recipients with that same degree.

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Time to Complete

81%
100% Completion Time
92%
150% Completion Time

In 2020, 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, 92% completed their degrees within 150% of the normal time, and 93% 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.

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Diversity

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 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 (72.4%).

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, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    149 degrees awarded
  2. Asian
    97 degrees awarded
  3. Hispanic or Latino
    29 degrees awarded

The most common race/ethnicity at California Institute of Technology is white (149 degrees awarded). There were 1.54 times more white recipients than the next closest race/ethnicity group, asian (97 degrees).

0.22% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    95 degrees awarded
  2. White Female
    54 degrees awarded
  3. Asian Male
    50 degrees awarded

The most common race/ethnicity and sex grouping at California Institute of Technology is white male (95 degrees awarded). There were 1.76 times more white male recipients than the next closest race/ethnicity group, white female (54 degrees).

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Operations

California Institute of Technology has an endowment valued at nearly $3.09B, as of the end of the 2020 fiscal year. The return on its endowment was of $215M (6.98%), compared to the 3.48% average return ($10.5M on $302M) across all Doctoral Universities.

In 2020, California Institute of Technology had a total salary expenditure of $3.38B. California Institute of Technology employs 266 Professors, 43 Assistant professors, and 20 Instructors. Most academics at California Institute of Technology are Male Professors (213), Female Professors(53), and Male Assistant professors (28).

The most common positions for non-instructional staff at California Institute of Technology are: Computer, Engineering, and Science, with 671 employees, Research, with 600 employees, and Management with 314 employees.

Finances

Endowment

$3.09B
2020 Endowment
3.3%
growth from 2019

California Institute of Technology has an endowment valued at about $3.09B, as of the end of the 2020 fiscal year. The endowment of California Institute of Technology grew 3.3% from the previous year. The value of their endowment was $2.78B 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.

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Government Grants and Contracts

Grants & Contracts
  1. $352M - Federal
  2. $154k - State
  3. $0 - Local

As of 2020, California Institute of Technology received $352M in grants and contracts from the federal government, $154k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$340M
2020 Salaries
6.52%
growth from 2019

In 2020, California Institute of Technology paid a median of $340M in salaries, which represents 10.1% of their overall expenditure ($3.38B) and a 6.52% growth from the previous year. This is compared to a 4.04% growth from 2018 and a 3.44% growth from 2017.

The median for similar Doctoral Universities is 238M (43% of overall expenditures).

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Instructional Salaries

$78.6M
Instructional Salaries
357
Number of Employees

In 2020, California Institute of Technology paid a total of $78.6M to 357 employees working as instructors, which represents 23.1% of all salaries paid.

This is compared to a median of $69.9M (29.4%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
266 Employees
Computer, Engineering, and Science
Most Common Non-Instructional Employee
671 Employees

In 2020, the most common positions for instructional staff at California Institute of Technology were Professor with 266 employees; Assistant professor with 43 employees; and Assistant professor with 20 employees.

In 2020, the most common positions for non-instructional staff at California Institute of Technology were Computer, Engineering, and Science with 671 employees; Research with 600 employees; and Management with 314 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Female Professor
  3. Male Assistant professor

In 2020, the most common demographic for instructional staff at California Institute of Technology was Male Professor with 213 employees, Female Professor with 53 employees, and Male Assistant professor with 28 employees.

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

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