California Institute of Technology

The California Institute of Technology, commonly known as Caltech, is a private non-profit institution located in Pasadena, California. With an enrollment of approximately 987 students, it is a small, highly selective school with an acceptance rate of 2.6%. The institution maintains strong student commitment, reflected in a retention rate of 97.4% and a graduation rate of 94.4%.

Tuition is $65,898 per year regardless of residency, though the average net price after financial aid drops significantly to $16,075, with 18% of students receiving Pell grants. Graduates demonstrate strong earning potential, with median earnings of $128,566 ten years after enrollment. For career-focused students, Caltech offers programs in Biomedical Engineering and Environmental Engineering, both fields with growing demand across research, industry, and public sector roles.