The financial aid department of California Institute of Technology helps students by assisting them with scholarships, grants, and student loans in the event that they find the fees and the cost of living at the campus to be expensive. At the college, the average federal grant comes to be around $5,637, whereas the financial aid is $42,708. The college provides financial assistance in the form of state-level aid worth $9,084 and institutional aid worth $42,708. The total need-based scholarships/grants offered at CIT based on students' financial needs add up to $22,455,803 per year. Meanwhile, the total non-need-based scholarships/grants in a year come to around $238,167.