Princeton is attainable, accessible and affordable. Our aid program is designed to encourage all qualified students — regardless of financial circumstances — to consider applying for admission to Princeton. Reflected in Princeton’s financial aid program is our commitment to access and affordability. Princeton admission is need-blind — there is no disadvantage in the admission process for financial aid applicants. This ensures a continued and growing enrollment of a diverse group of students from all socioeconomic backgrounds. If offered admission, Princeton will meet 100% of your demonstrated financial need with grant aid. In fact, Princeton is often less expensive than your state college or university.
Princeton Is Affordable |
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$62,400 | is the tuition for the 2024-25 academic year. | |
89% | of recent seniors graduated debt free. | |
100% | of the average grant covers 100% of tuition. | |
65% | of students are qualified for financial aid in the 2023-24 academic year. | |
One of the Most Generous Programs in the Country
Princeton’s financial aid program is recognized as one of the most generous in the country. Princeton is one of a handful of universities that applies the same financial aid policy to international students.
We determine a family's ability to pay using our own simplified formula. Princeton’s no-loan policy replaces student loans with grant aid that students do not pay back — this makes it possible to graduate with little to no debt. Estimate the amount of financial aid you may be eligible to receive by using the Net Price Calculator (United States and Canada residents only).
For additional information on the cost of attendance including tuition, housing, food, fees, and miscellaneous expenses, visit Fees & Payment Options.
- | $82,650
$72,000 | Tuition, housing, and food for the 2024-25 academic year
The estimated average grant for an aid student admitted to the Class of 2028 | |
$10,650 | Average net cost of tuition, college fee, housing, and food for aid recipients |
Attainable, Accessible and Affordable
We are committed to making a Princeton education affordable to all. Since 2001, grants have replaced student loans in the Princeton financial aid package for all aid recipients. The Princeton Financial Aid Application (PFAA) is free and easy to use for both U.S. and international applicants. Our generous financial aid program allows undergraduates to graduate from Princeton with little to no debt.
Apply for Financial Aid
Attainable, Accessible and Affordable
We are committed to making a Princeton education affordable to all. Since 2001, grants have replaced student loans in the Princeton financial aid package for all aid recipients. The Princeton Financial Aid Application (PFAA) is free and easy to use for both U.S. and international applicants. Our generous financial aid program allows undergraduates to graduate from Princeton with little to no debt.
Apply for Financial Aid
My parents were worried they wouldn’t be able to afford Princeton, but the financial aid award I received made it all possible.
- Roberto Hasbun '21
Read Roberto's BlogMy Financial Aid
How Do I Apply for Financial Aid?
You must first apply for admission and create your Princeton Applicant Portal account.
Apply For Financial AidWhat Are My Financing Options?
Princeton offers different methods for paying the University bill.
Financing OptionsHow Much Is My Grant?
Our grant may vary based on the Financial Aid Office's evaluation of your individual family's resources.
Grant EvaluationNew & Noteworthy
University Raises Funds for United Way
University Raises Funds for United Way
With the help of a robust group of departmental volunteers, the campus community raised $121,467.08 during the 2021 United Way Campaign. Proceeds support the United Way of Greater Mercer County’s education, financial stability, food insecurity and health programs.
BLOG: “From Financial Aid to Fully Funded Experiences”
BLOG: “From Financial Aid to Fully Funded Experiences”
Blogger Patrice McGivney explains the important role Princeton's generous need-based financial aid program played when deciding to enroll at the University.
Princeton Trustees Set 2022-23 Budget, Increasing Student Financial Support by 10%
Princeton Trustees Set 2022-23 Budget, Increasing Student Financial Support by 10%
The trustees of Princeton University have adopted an operating budget for the University totaling $2.66 billion for 2022-23, which includes a 6.6% increase to $217.4 million in the undergraduate financial aid budget to continue to ensure that a Princeton education is accessible for every admitted student. Total support for undergraduate and graduate students will increase by 10% and exceed $500 million.
BLOG: “On-campus Jobs”
BLOG: “On-campus Jobs”
Blogger Roberto Hasbun reflects on his experience working part-time as a college student and explains the various employment opportunities available to Princeton undergraduates.
Venture Forward Gift Launches Initiative on Blockchain and Decentralization of Power
Venture Forward Gift Launches Initiative on Blockchain and Decentralization of Power
Princeton University is launching an initiative on blockchain and its potential to disrupt and redistribute power in society. Supported by four alumni in a combined major gift to Princeton’s Venture Forward campaign, the initiative will convene scholars across disciplines to better understand the potential benefits and pitfalls of the technology.
BLOG: “Financial Aid Made Princeton Possible for Me”
BLOG: “Financial Aid Made Princeton Possible for Me”
Blogger Andrea Reino looks back on her Princeton experience and how the University's financial aid program made it all possible.
Princeton’s Endowment Returns Continue to Support University Mission and Impact
Princeton’s Endowment Returns Continue to Support University Mission and Impact
For the fiscal year that ended June 30, 2021, Princeton’s endowment earned a 46.9% investment gain and its value stood at $37.7 billion. The average annual return on the endowment for the past 10 years is 12.7% and 11.2% for the past 20 years.
BLOG: “One Perspective on Financial Aid”
BLOG: “One Perspective on Financial Aid”
Blogger Jonathan Haynes answers the question "Why Princeton?" by explaining the importance of Princeton's no-loan financial aid policy.