Skip over navigation
Princeton University Undergraduate Admission

Affordability FAQs

Play estimator FAQ video

Video: Princeton IS affordable.

CalculatorThink you would need aid to help pay Princeton's costs? Try the Aid Estimator now to see how much aid you may be eligible to receive.

What's Great About Princeton's Financial Aid

  • No Loans: In 2001, Princeton became the first university to offer every aid recipient a financial aid package that replaces loans with grant aid that students do not pay back.
  • Approximately 60% of students receive financial aid: In the last decade, the amount of our average need-based grant increased by more than 90%, about twice as much as the amount of tuition increases for the same period.
  • An average grant of over $40,000:  In 2013-14 the average aid grant covered 96% of tuition for undergraduates
  • 75% of students graduate debt free:  Princeton's no loan policy has made it possible for most students to graduate with no debt.  For seniors who do borrow, the average total indebtedness at graduation is typically between $5,000 and $6,000.
  •  $131 million: The estimated amount of grants awarded to over 3,100 undergraduates in 2014-15.
  • A reasonable expected contribution from students and their parents: We determine a family's ability to pay using Princeton's own need formula, with fair and generous individual results.