How Princeton's Aid Program Works
When awarding aid, we are guided by the following principles:
- Admission is need-blind for all applicants, including international students. Need-blind admission means that applying for aid is not in any way a disadvantage in the admission process, ensuring equality of opportunity for low- and middle-income students.
- Princeton financial aid is awarded solely based on need; there are no merit scholarships.
We consider an applicant's talents and achievements only in relation to admission. Academic and athletic merits are not considered when awarding aid. - Need is determined through a careful review of each family's individual financial circumstances.
Personal attention is given to every admitted student's aid application, taking into account special circumstances and professional judgment in determining aid awards. - The full need of every admitted student is met through grants and a campus job. The following table provides the average grant awarded to students admitted to the Class of 2021:
Gross Family Income | Percent Qualified | Average Grant | What It Covers |
---|---|---|---|
$0–65,000 | 100% | $64,010 | Full tuition, college fee, room + board |
$65,000–85,000 | 100% | $59,085 | Full tuition, college fee, 71% room + board |
$85,000–100,000 | 100% | $55,870 | Full tuition, college fee, 50% room + board |
$100,000–120,000 | 100% | $53,705 |
Full tuition, college fee, 37% room + board |
$120,000–140,000 | 100% | $50,210 | Full tuition, college fee, 14% room + board |
$140,000–160,000 |
100% | $47,180 | Full tuition |
$160,000–180,000 |
100% | $42,770 | 91% tuition |
$180,000–200,000 |
89% | $35,960 | 76% tuition |
$200,000–250,000 |
78% | $30,750 | 65% tuition |
$250,000 and above |
37% | $22,470 | 48% tuition |
Tuition = $47,140 Residential college fee = $850
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Your grant may vary from the above averages based on the Financial Aid Office's individual evaluation of your family's resources, including assets other than the family home or retirement funds. |