Financial Aid by the Numbers
Students admitted to the Class of 2020 who applied for aid with family incomes up to $140,000 typically pay no tuition.
- Approximately 60 percent of undergraduates receive financial aid.
- An estimated 147 million in grant funds will be awarded to over 3,100 undergraduates in 2016-17
- The average grant for the Class of 2020 was $48,000, which covers 100 percent of Princeton tuition.
- For families making up to $65,000 per year, the aid package covers full tuition, room and board.
- 21 percent of students in the Class of 2020 receive Federal Pell Grants.
- For the Class of 2020, 100 percent of families making up to $180,000 per year qualified for financial aid.
- In the last decade, the amount of our average need-based grant increased by more than 90 percent, about twice as much as the amount of tuition increases for the same period.
- 84 percent of recent seniors graduated debt free. For seniors who borrowed, the average total indebtedness at graduation was $8,500.