Financial aid

Financial aid

Opening doors, limiting student debt

Princeton’s financial aid program is recognized as one of the most generous in the country. In 2001, the University was the first in the country to eliminate loans from undergraduate aid packages, enabling students to graduate debt-free. The University made substantial enhancements to its aid program starting in the 2023-24 year, providing even more generous support to undergraduates and their families.

Most families with incomes up to $100,000 pay nothing to attend Princeton, receiving aid that covers the total cost of attendance, including tuition, housing, food, books and personal expenses. A quarter of all undergraduates pay nothing to attend. Nearly half of all Princeton students receive aid that covers the full cost of tuition, including most families with incomes up to $200,000.