Does Caltech provides merit based scholarships? or it is only need based. In addition does it stack nned based and merit based scholarships? Thanks
Mostly Need based because EVERYONE has merit stats.
Questions @“aunt bea” bea -
“Mostly” means they do sometimes provides if a candidate has a great profile and depending on the Cal tech institutional needs such as balancing sex ratio.
If you get 900 on each part of the SAT and a 6.0 GPA in HS, then you get merit.
@bevine So a stamp scholar @ caltech will be only a need based scholar not merit based.
If you are receiving need-based financial aid from Caltech, outside scholarship funds cannot be used to reduce your family’s expected contribution. Your total financial aid, including outside resources, cannot exceed your demonstrated financial need. Any scholarship funds that remain after replacing all of the awards listed above will be used to offset a portion of your Caltech Scholarship.
Ha! Some high schools do have a 6.0 scale…
Caltech uses their need-based dollars because they don’t need to “balance the gender ratio or meet institutional needs” with merit dollars. They already have thousands of female/male applicants who fit their needs and who are willing to pay whatever the amount, to attend. Each student accepted, is at the top of the class, with perfect to almost perfect scores and phenomenal EC’s. This is not unique to Caltech.
My son said very few are on merit, because every student accepted has exceptional stats.
They use their merit to lure the few kids, especially URM, that might go elsewhere.
Have they cut out the upper class merit awards?