Financial Wellness

Your Work Life Benefits

Adoption & Surrogacy Benefits
Princeton University reimburses for the successful adoption of a child and/or legal expenses from surrogacy parenting arrangements.

Auto & Home Insurance
Faculty and staff working at least 20 hours a week are eligible to apply for auto and/ or home insurance with New Jersey Manufacturers Insurance Company (NJM).

Children's Educational Assistance Plan
After five years of benefits-eligible service, faculty and staff may receive up to 50 percent support for children’s college tuition and mandatory fees up to an academic year maximum per child.

Dependent Care Flexible Spending Account
The DFSA is a program to set aside money, before taxes, from each paycheck to pay for child care expenses of dependent children 12 years and under.

Employee Child Care Assistance Plan (ECCAP)
ECCAP provides assistance to faculty and staff members to help meet the cost of child care for prekindergarten-aged children.

Ernst & Young Financial Education Program
The University provides—at no cost—financial education workshops on campus to help achieve long-term personal financial goals.

External Lending Options
The University encourages Princeton area banks to provide a full range of banking services to faculty and staff.

Faculty & Staff Assistance Program
Carebridge provides—at no cost—confidential assistance for work and personal situations.

Faculty & Staff Housing
Princeton University is committed to maintaining and strengthening its identity as a residential institution providing faculty and staff with rental and ownership opportunities on or near campus.

Healthcare Flexible Spending Account
The HFSA is a program to set aside money, before taxes, from each paycheck to pay for eligible health-related expenses not covered by insurance.

Isles
Isles Financial Solutions (IFS) is a money management and credit improvement service designed to help you take charge of your financial future.

Long Term Care Assistance
Princeton University’s Group Long Term Care Plan is designed to help cover the costs of long term or custodial care for faculty; staff; and spouses, parents, grandparents, parents-in-law and grandparents-in-law.

Mass Transit Subsidy
Princeton University faculty and staff who commute to campus by mass transit are eligible for a 50% subsidy on a monthly transit pass.

Parking & Transit Reimbursement Accounts
Princeton allows faculty and staff to deduct money from each paycheck to reimburse for parking or mass transit expenses associated with commuting to work. Pay no federal taxes on deductions.

Princeton Federal Credit Union
Princeton Federal Credit Union, with locations on campus, offers a convenient source for personal banking needs, providing access to a network of ATMs as well as mobile banking and remote mobile deposit.

Retirement Plans
Princeton offers a defined contribution plan, funded as a percentage of base salary by the University, as well as an optional retirement savings plan to set aside a portion of salary on a pretax basis.

Staff Educational Assistance Plan
After one year of benefits-eligible service, faculty and staff may receive up to 85 percent reimbursement for tuition and eligible fees for taking classes for credit at an accredited institution.

TIAA Direct
TIAA offers an array of banking services to faculty and staff.

Tuition Assistance
Princeton University is committed to being a community of learning. In this spirit, the University provides benefits for faculty and staff seeking educational advancement and for children of faculty and staff attending college.

Verifications of Employment & Income
The Office of Human Resources provides verifications of employment or income for faculty and staff seeking approval for loans, mortgages, immigration, etc.