A huge price difference from its original $80,000 estimated yearly tuition.
The highly prestigious Princeton University has taken a monumental step towards making college affordable for its students. The Ivy League institution will now be free for families making under $100,000 a year, a huge price difference from its original $80,000 estimated yearly tuition. Previously, the university offered full financial aid for families earning under $65,000 a year. Now, students beginning at Princeton University in fall 2023 will be the first to benefit from the new scholarship.
In a news release, Princeton has estimated that nearly 25 percent of its students will now be covered completely by financial aid. “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.
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