PrincetonUniversity

A Princeton Profile, 2000 edition

     


prev | contents | next

Costs and Financial Aid

Here is what it costs for an undergraduate to study at Princeton in 2000-01:

Comprehensive fee (tuition and other fees)

       

$25,430

Room

3,425

Board

3,781

Miscellaneous expenses (books, supplies, etc.)

2,684

Total

$35,320

Students who receive financial aid help pay for their education by working in the summer and during the school year (contributing an average of $5,000 in 2000-01) and by taking out loans offered at favorable terms. Loans are reduced or eliminated for low-income students. Princeton provides grants to fill any gap between a student's expenses and the amount a student and his or her parents are able to pay.

The amount of the parental contribution is determined with the help of a formula developed by the College Scholarship Service. Princeton, however, uses a method that reduces or eliminates the home value in determining aid.


Princeton's Financial Aid Budget, 2000-01

Number of undergraduates receiving financial aid

       

42%

       

1,900

Median family income of students receiving aid

$79,000

Total scholarship budget

$33,500,000

    Provided by the University

86%

        Endowed scholarships

28,400,000

        General funds

0

        Yearly gifts to scholarship program

600,000

    Provided by government

8%

2,400,000

    Provided by outside organizations

6%

2,100,000

Earnings of financial aid students

$1,900,000

Amount borrowed by financial aid students

$5,500,000


top


Web page feedback