Policy on Outside Funding
Outside scholarships are additional resources intended to reduce financial need. In Princeton’s need-based financial aid program, which meets a QuestBridge Scholar’s full financial need, outside scholarships reduce Princeton grant funds. If your grant funds are reduced, you may recuperate up to $3,500 toward the purchase of a personal computer.
Policy on Health Insurance
Students who are not covered by a family health insurance policy must purchase Student Health Plan coverage for approximately $3,510. Financial aid is available to cover the health plan cost for students without comparable coverage.
Policy on Travel Allowance
This estimate does not include the cost of travel, which may range between $300 and $5,000.
Requirements Associated with Maintaining this Award
Students must maintain satisfactory academic progress.
Princeton University’s Financial Aid Overview
Princeton is firmly committed to meeting the full need of every qualified student with an aid package that does not require a loan. Most families with income under $100,000 will qualify for grant aid to cover full tuition, room, books, and personal expenses. Even if your family does not fall into this category, keep in mind that Princeton provides generous no-loan packages to students from a broad range of financial circumstances.
During the National College Match, Princeton will only match with students whose parents have a Parent Contribution of zero as determined by Princeton’s financial aid office. Students whose parents have a Parent Contribution greater than zero will still be considered for admission to Princeton during Regular Decision and will still qualify for aid to meet their full demonstrated need, if admitted. You can get an idea of the financial aid package you might receive by using the Princeton Financial Aid Estimator. The Estimator is a convenient calculator based on Princeton's actual financial aid formula. If you provide accurate information about your family's finances, the estimated award figured for you will be very realistic.
