Princeton University

This page will be updated by late summer 2021.

National College Match Scholarship Package

These numbers reflect estimated student expenses for the 2020-2021 school year. Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase. Your official financial aid award will be included in a letter directly from Princeton.

Annual Cost of Attendance

Tuition

$48,502

Room & Board

$15,342

Books & Supplies

$1,050

Travel

$0

Personal

$2,450

Health Insurance

$0

Required Fees

$0

Total

$67,344

How Annual Costs Are Covered

Grants

$63,844

Student Contribution

$3,500
(Will not be expected in 2020-21
as a COVID-19 accommodation)

Parent Contribution

$0

Student Savings

$0

Student Loan

$0

Total

$67,344

Policy Regarding Outside Funding
Outside funding from private sources are used to reduce the student contribution portion of the aid package.* Once the contribution amount has been fully replaced, Princeton grant funds are reduced. If your grant funds are reduced, you may recuperate up to $3,000 toward the purchase of a personal computer.

*For 2020-21 the $3,500 student contribution has been replaced with University grant due to the COVID-19 pandemic. Therefore, outside scholarships will directly reduce the Princeton grant funds. 

Policy on Health Insurance
Students who are not covered by a family health insurance policy must purchase Student Health Plan coverage for approximately $2,580. Financial aid is available to cover the health plan cost.

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. For families making up to $65,000 per year, the aid package covers full tuition, residential college fee, room and board. 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.