Cost & Aid

Financial Aid by the Numbers

Students admitted to the Class of 2023 who applied for aid with family incomes up to $160,000 typically pay no tuition.
  • Approximately 61 percent of undergraduates receive financial aid.
  • An estimated 187 million in grant funds will be awarded to over 3,200 undergraduates in 2019-20.
  • The average grant for the Class of 2023 was $56,500, which covers 100 percent of Princeton tuition.
  • For families making up to $65,000 per year, the aid package covers full tuition, residential college fee, room and board.
  • 24 percent of students in the Class of 2023 receive Federal Pell Grants.
  • For the Class of 2023, 100 percent of families making up to $180,000 per year qualified for financial aid.
  • 83 percent of recent seniors graduated debt free. For seniors who borrowed, the average total indebtedness at graduation was $9,400.