Hello! I'm thinking of applying to Princeton, but I need some information on their yearly tuition costs. Does anyone know how much it is for both in-state and out-of-state students? Also, what kind of financial aid does Princeton offer? Thanks in advance!
Princeton University doesn't differentiate between in-state and out-of-state students. As a private institution, it charges the same tuition for all students, regardless of their residency. For the 2024-2025 academic year, the total estimated cost of attendance (including tuition, fees, room, and board) at Princeton is around $80,000. Keep in mind that this amount is subject to change in future years.
Regarding financial aid, Princeton has a generous program that primarily focuses on need-based aid. It is one of the few institutions in the U.S. that adheres to a "no-loan" financial aid policy, which means that the financial aid package provided to students consists entirely of grants and work-study opportunities, not loans. This allows students to graduate without any student loan debt.
Princeton uses the CSS Profile and FAFSA to determine your expected family contribution (EFC) and calculates your financial aid package accordingly. The university commits to meeting 100% of demonstrated need, which can cover the entire cost of attendance for low-income families. In fact, for families with an annual income below $65,000, Princeton typically provides a financial aid package that covers full tuition, room, and board. For families earning between $65,000 and $180,000, the average grant covers around 94% of tuition.
To get an estimate of the financial aid package you might receive at Princeton, you can use their net price calculator available on their website. Keep in mind that the results are not guaranteed but can give you a ballpark figure based on the financial information you provide.
Additionally, some merit-based scholarships are available, but they're not as common due to Princeton's emphasis on need-based aid. It's always a good idea to explore external scholarship opportunities to supplement your financial aid package.
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