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