<p>How is the average financial aid at Caltech? Is it doable if you're not rich?</p>
<p>what's your definition of "rich" ?</p>
<p>Well my parents combined income is less than 60k. But I do have a twin who will also be going to college, so I'm hoping the financial aid department takes this into account when deciding my financial aid. So given that, is it affordable?</p>
<p>If you get in, you'll probably get very good aid. I know Harvard gives everyone with <$60k family income full financial aid. Caltech shouldn't be THAT much far off.</p>
<p>yes, and they will take into consideration that your parents have two college aged kids.</p>
<p>They meet all of your demonstrated financial need. Which is basically the ~46K (for tuition, room, board, etc.) minus your expected family contribution (EFC number is the number FAFSA gives you saying how much your family can contribute).
So if you want a fairly accurate number, use the tool here:</p>
<p>Hope this helps!</p>
<p>The Financial Aid Offer will also include things such as "other meals, books and supplies, personal expenses, and travel allowance" within the total expense budget (in addition to tuition, r & b). The travel allowance is probably taking the red eye round trip Sept./June, but at least Financial Aid included something. Need computes to Budget-Resources (parental & student contribution).</p>