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Princeton’s financial aid program is recognized as one of the The University is committed to using its resources to attract by the numbers
most generous in the country, reflecting our core value of ensuring the most talented students in the world. If admitted, you can be
equality of opportunity to all students, regardless of financial
circumstances. As concerns rise about the growing burden of
confident that your full financial need, as determined by our
financial aid office, will be met. Princeton does not award aca-
$115 million
in grants will be awarded to
college loans, Princeton students are graduating either debt free demic or athletic merit scholarships. undergraduates in 2012–13.
or with loan amounts that are the lowest of any major university.
$39,700
is the average aid package for a
student admitted to the Class of 2016.
How We Make It Possible How to Apply The average aid grant covers
Grants, Not Loans aid package Numbers of Awards Domestic and international students submit
their family’s information on the Princeton
Provide supporting documents to the finan-
cial aid office. Parents’ most recent federal
97%
Princeton was the first university in the The average grant for aid students in the Princeton will provide awards to more than of the cost of tuition.
country to institute a “no -loan” policy. Since entering class of 2016 is $37,600. This 3,100 undergraduates, totaling more than Financial Aid Application, which is available income tax returns and W-2 statements (or
85%
2001, every aid package offered by the amount covers 97 percent of the $38,650 $115 million in grants in the 2012 –13 online beginning Oct. 1 at www.princeton.edu the equivalent for non-filers) are required. We
University has relied on grants, not loans tuition charge. For families with an annual academic year. About 60 percent of under- /admission/financialaid/apply_financial_aid. suggest you fax these documents to the aid
that have to be repaid. The program has income of $60,000 or less, the average graduates receive aid, a dramatic expansion Register for a login account and complete office at 609 -258 -0336 by March 15. Non- of families who applied for aid with
assured the continued and growing enroll- grant covers 100 percent of their costs for from more than a decade ago when 38 your application by the appropriate deadline. custodial parents may be required to submit incomes up to $200,000 qualified
ment of a diverse group of students from tuition, room and board. percent of students received aid. All of a separate application. For more detailed for assistance.
File the Free Application for Federal Student
low- and middle-income backgrounds. those who applied with family incomes up information, see the Undergraduate Financial
Aid (FAFSA) online at www.fafsa.ed.gov by
75%
Each student’s need is determined individu- Aid Information and Application Instructions
to $180,000 qualified for an aid package April 15.
Low Debt ally based on family resources and is met PDF at www.princeton.edu/admission
to meet their individual amount of need.
in full with grants and a campus job. The /financialaid. of students graduate debt free.
Our no -loan policy has made it possible for About 85 percent of those who applied with
average aid package for a student admitted
most students to graduate with little or no family incomes up to $200,000 qualified
debt. About 75 percent of our students grad-
to the Class of 2016 is $39,700:
for some aid. FINANCIAL AID Single-Choice Regular $5,000
uate debt free. Of the remaining 25 percent APPLICATION DEADLINES* Early Action Decision is the average total indebtedness for
who choose to borrow, usually for additional 95% grant aid International Eligibility
Princeton Financial Aid Application (PFAA) Nov. 9 Feb. 1 graduating seniors who borrowed.
expenses such as a laptop computer, their ($37,600) Princeton is one of only six schools in the Available online starting Oct. 1
average total indebtedness at graduation is country that do not limit financial aid avail- Princeton Non-custodial Parent’s Form Nov. 9 Feb. 1
$5,000. For comparison, about 66 percent able for international students. The full need If applicable, available online starting Oct. 1
of college seniors in the United States gradu- of all admitted international students is met
FAFSA April 15 April 15
ated with loans in 2010, and they carried 5% campus job the same as it is for students from the Available online starting Jan. 1 Princeton
an average debt of $25,250 (Source: The ($2,100) United States.
*Princeton does not require the CSS PROFILE form and will not accept it unless combined with the PFAA. In addition, Financial Aid
Project on Student Debt).
tax forms and other supplemental information must be sent directly to Princeton, not to the CSS IDOC service. Estimator
Princeton’s confidential Financial
Aid Estimator can help you deter-
mine if you would qualify for aid
and the type of award you might
Of those who applied for aid: 100% qualify 85% qualify 45% qualify
Your grant may vary from the above average based on the financial aid office’s individual evaluation of your family’s
resources, including assets other than the family home or retirement funds.
*A grant does not have to be repaid. Sometimes grants are referred to as “scholarships” or “gift aid.”
www.princeton.edu/admission/financialaid