Princeton University announced this week that its new financial aid policy will include completely covering costs for students whose families earn up to $100,000 per year.
The cost of attending Princeton for the 2022-23 academic year is estimated to be $79,540, which is broken down as $57,410 for tuition, $10,960 for room charge, $7,670 for board, and $3,500 for estimated miscellaneous expenses.
The university added that it expects roughly 1,500 undergraduate students — more than 25 percent of the study body — to benefit from this financial aid policy change. “One of Princeton’s defining values is our commitment to ensure that talented students from all backgrounds can not only afford a Princeton education but can flourish on our campus and in the world beyond it,” President Christopher L. Eisgruber said.
Dean of Admission and Financial Aid Karen Richardson echoed those sentiments, stating, “President Eisgruber continues to emphasize Princeton’s commitment to talented students from across the country and around the world.”
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