Number Received Financial Aid (All Undergraduate)
3,221
Percent Received Financial Aid(All Undergraduate)
61%
Average Aid Amount
$62,079
Number Received Financial Aid (Freshmen)
797
Percent Received Financial Aid (Freshmen)
62%
Financial Aid Information at Princeton
For the academic year 2021-2022, a total of 3,221 students (61% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $62,079. For freshmen (Full-time, first-time degree-seeking undergraduate students), 797 students (62% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Princeton University is $59,710, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 3,221 students (61% of all students) have received grants or scholarships and the average received aid amount is $62,079. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Princeton University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 3,221 | 61% | $62,079 |
| Pell Grants | 1,033 | 19% | $5,226 |
| Federal Student Loans | 134 | 3% | $6,034 |
Beginning Students Financial Aid
a total of 797 beginning students (62% of all freshmen) have received any financial aid and 795 students (62% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Princeton University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 797 | 62% | - |
| Grants or Scholarship from All Sources | 786 | 61% | $59,792 |
| Federal Grants | 275 | 21% | $6,677 |
| Pell Grants | 275 | 21% | $5,442 |
| Other Federal Grants | 85 | 7% | $3,994 |
| State/Local Grants | 21 | 2% | $8,758 |
| Institutional Grants | 785 | 61% | $57,295 |
| Student Loans | 75 | 6% | $7,559 |
| Federal Student Loans | 29 | 2% | $5,016 |
| Other Student Loans | 59 | 5% | $7,143 |
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