<p>DMRenrel, Caltech doesn’t have a policy like Harvard’s 10% scale, but I would hold out and see what Caltech asks you to pay. Loans were never a part of my financial aid package, and my mom was asked to pay <10% of her income. If you find you really can’t afford what the school offers you, I suggest calling to negotiate and explain any special financial circumstances - you might be able to get a better offer.</p>
<p>Arwen, here’s a link to the article in [The</a> California Tech](<a href=“http://tech.caltech.edu/Tech2.0/01_14_2008/article2.html]The”>http://tech.caltech.edu/Tech2.0/01_14_2008/article2.html).</p>