Financial Aid Director Moscato on Princeton's ground-breaking program
Posted July 11, 2008; 01:26 p.m.
Financial Aid Director Robin Moscato comments on Princeton's ground-breaking financial aid program for undergraduate students.
Video Closed Captions
Many families don't realize how generous Princeton's financial aid program is.
In fact, for many families, Princeton's aid program makes it less expensive to attend Princeton
than to pay for the cost of a state college or in some cases even a community college in their own home town.
One of the highlights of Princeton's financial aid program is our no-loan package.
The no-loan package means that in 2001 we replaced the usual required student loan portion of the financial aid award
with additional grant aid. This means that students can now graduate from Princeton debt-free,
which opens up a variety of options for them after Princeton that they might not have had, were they worried about making loan repayments.