Hey everyone, I'm seriously considering Princeton University but I'm a bit worried about the cost. What are the typical fees a student might encounter there? Accuracy matters a lot to me, so please be sure of your facts!
Hello, Princeton University is firmly committed to ensuring that a world-class education is accessible to all students, regardless of their financial situation. This commitment is embodied in their generous financial aid programs, and the way they structure their tuition and fees.
As of the 2024-2025 academic year, the comprehensive fee (which includes tuition, room, and board) for Princeton University is approximately $86,700.
However, there are additional costs you'll need to account for when budgeting for college. For instance, you’ll need to factor in additional expenses for books and personal items, which Princeton estimates to be around $3,500 per year, but this can vary greatly depending on the individual.
It's worth noting that around 61% of Princeton students receive financial aid, and the university has a no-loan policy, replacing student loans with grant aid that students do not need to repay.
Of course, these fees are subject to change from year to year, so it's always a good idea to check directly with the institution for the most accurate and up-to-date information. Also, you can use the university's net price calculator (https://admission.princeton.edu/cost-aid/financial-aid-estimator) to get a better sense of what your costs could be after factoring in financial aid.
Keep in mind that Princeton, like many Ivy League universities, practices a "need-blind" admission policy. What this means is that your ability to pay tuition does not impact the school's admission decision. They are committed to meeting 100% of demonstrated financial need for all admitted students, making a Princeton education accessible for families of various income levels.
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