Princeton University
Princeton, NJ, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$18,712
Calculate your net cost
Average Net Price By Family Income
Income
Average Amount
< $30k
$1,948
$30k - $48k
$1,771
$48k - $75k
$6,224
$75k - $110k
$16,658
$110k+
$32,123
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$52,800
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$52,800
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$17,150
Books and Supplies
$1,050
Tuition Payment Plan
Yes
Financial Aid: visit page
Financial Aid Email: [email protected]

Aid & Grants

0
100
100%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
19%
Average Aid Per Year
$50,758
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
19%
Average Federal Grant Aid Per Year
$6,006
Average Institution Grant Aid Per Year
$48,295
Students receiving state aid
2%
Average State Grant Aid Per Year
$9,350
Students receiving federal aid
22%
Average Federal Grant Aid Per Year
$6,006
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$64,364
$30k - $48k
$64,309
$48k - $75k
$62,330
$75k - $110k
$49,715
$110k+
$32,525
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$188,293,904

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
8%
Average Loan Amount Per Year
$4,163
Students receiving federal loans
4%
Average Federal Loans Per Year
$4,834
Average Other Loans Per Year
$2,562
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$8,500
Loan Default Rate
2%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$102

What Students Are Saying

4.59 Average Rating
Financial aid here is really good. I am paying essentially nothing for the privilege of attending this wonderful university.
A Midwestern Boy
One of the foremost reasons I decided to attend Princeton was the support I received from its financial aid office. Their generosity is unmatched, which is made possible by the ongoing support of alumni and active investments by the university. Hands down no other university of Princeton's caliber that I am aware of offers anything close to the level of affordability that Princeton does. They are very serious about their mission to allow all students to graduate without any debt from student loans, and they offer fantastic support to parents with Princeton Parent Loans - a program that allows families to loan money directly from the university instead of through the government or a bank.
Carolyn from Portage, IN
We have free printing, free laundry, free gym...free anything. We get sponsored to go abroad for anything. Our dorms are humungous (several visiting Harvard students got very jealous). I could go on forever...
Tiger '13
This is the best education in the world, there's nothing more to say.
2016 Tiger
This is Princeton - the buildings are covered in ivy, there are gargoyles over the door to the gym, and the campus is flat-out beautiful.
Annika from Eugene, OR
Princeton has one of the best financial aid package of all the Ivies. If you don't qualify, however, then you are paying an obscene amount of money for a degree you could theoretically get somewhere else for half or even a third of the price. Is it worth it? I think so. My professors are the best in their field, I have 3 different academic advisers, and campus life is overflowing with free food/events/lectures/performances. This semester I'm going on a University-sponsored trip to Bermuda for coral reef research. There are universities as expensive as Princeton where that simply would not be a viable option. I'm not sure what these universities are spending their money on, but Princeton spends it on undergrads. You are the university's economic priority.
Tara from Lebanon, NJ
It may be expensive, but you are meeting the world's best professors and most talented students in Princeton.
Tim from Singapore