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Undergraduate tuition for the 2021–2022 school year was $56,394 and total annual costs were estimated to be $79,947 excluding the Caltech Student Health Insurance Plan. [95] In 2012–2013, Caltech awarded $17.1 million in need-based aid, $438k in non-need-based aid, and $2.51 million in self-help support to enrolled undergraduate students.
The campus office of public affairs recognizes two official names for the university: "California State Polytechnic University, Pomona" and "Cal Poly Pomona". [43] However, "Cal Poly" has also been used to refer to Cal Poly at Pomona, as both itself and California Polytechnic State University at San Luis Obispo, California were one institution spanning two locations from 1938 to 1966. [44]
Changes in tuition and financial aid affect poorer students more than they affect students with higher incomes. [72] In terms of race, changes in financial aid affects black students more than it affects white students. [72] Changes in financial aid affect students from community colleges more than students from four-year schools. [72]
Need-blind admission. Need-blind admission in the United States refers to a college admission policy that does not take into account an applicant's financial status when deciding whether to accept them. This approach typically results in a higher percentage of accepted students who require financial assistance and requires the institution to ...
The amount of financial aid awarded in 2014–15 totaled $151.5 million, of which 64.3% came from federal funds, 11.9% came from state funds and 17.5% came from institutional funds. [47] Loans comprised 55.6% of the financial aid, 31.2% came in the form of grants, and 10.2% in scholarships. [47]
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In 2016–17, the average cost of annual tuition in the United States ranged from $9,700 for public four-year institutions to $33,500 for private four-year institutions. [ 7] Private colleges increased their tuition by an average of 1.7 percent in 2016–17, the smallest rise in four decades, according to the U.S. Consumer Price Index. [ 7]
Harvard University, with a $49.495 billion endowment as of FY2023, is the wealthiest university in the world. Many colleges and universities in the United States maintain a financial endowment consisting of assets that are invested in financial securities, real estate, and other instruments. The investment yields a return that funds a portion ...