Number Received Financial Aid (All Undergraduate)
3,365
Percent Received Financial Aid(All Undergraduate)
60%
Average Aid Amount
$62,593
Number Received Financial Aid (Freshmen)
918
Percent Received Financial Aid (Freshmen)
61%
Financial Aid Information at Princeton
For the academic year 2023-2024, a total of 3,365 students (60% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $62,593. For freshmen (Full-time, first-time degree-seeking undergraduate students), 918 students (61% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Princeton University is $62,688, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 3,365 students (60% of all students) have received grants or scholarships and the average received aid amount is $62,593. 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 | 3,365 | 60% | $62,593 |
| Pell Grants | 1,049 | 19% | $5,564 |
| Federal Student Loans | 166 | 3% | $5,879 |
Beginning Students Financial Aid
a total of 918 beginning students (61% of all freshmen) have received any financial aid and 913 students (61% 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 | 918 | 61% | - |
| Grants or Scholarship from All Sources | 904 | 60% | $60,629 |
| Federal Grants | 291 | 19% | $7,426 |
| Pell Grants | 291 | 19% | $5,866 |
| Other Federal Grants | 116 | 8% | $3,914 |
| State/Local Grants | 46 | 3% | $10,475 |
| Institutional Grants | 901 | 60% | $57,898 |
| Student Loans | 116 | 8% | $7,667 |
| Federal Student Loans | 43 | 3% | $4,751 |
| Other Student Loans | 94 | 6% | $7,288 |
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