Number Received Financial Aid (All Undergraduate)
3,305
Percent Received Financial Aid(All Undergraduate)
61%
Average Aid Amount
$56,126
Number Received Financial Aid (Freshmen)
827
Percent Received Financial Aid (Freshmen)
62%
Financial Aid Information at Princeton
For the academic year 2021-2022, a total of 3,305 students (61% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $56,126. For freshmen (Full-time, first-time degree-seeking undergraduate students), 827 students (62% of enrolled students) received financial aid.
The 2023 undergraduate tuition & fees at Princeton University is $57,410, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 3,305 students (61% of all students) have received grants or scholarships and the average received aid amount is $56,126. 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 | 3,305 | 61% | $56,126 |
| Pell Grants | 1,158 | 21% | $4,975 |
| Federal Student Loans | 167 | 3% | $5,903 |
Beginning Students Financial Aid
a total of 827 beginning students (62% of all freshmen) have received any financial aid and 817 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 | 827 | 62% | - |
| Grants or Scholarship from All Sources | 809 | 61% | $55,465 |
| Federal Grants | 330 | 25% | $6,201 |
| Pell Grants | 330 | 25% | $4,971 |
| Other Federal Grants | 102 | 8% | $3,980 |
| State/Local Grants | 39 | 3% | $10,341 |
| Institutional Grants | 809 | 61% | $52,437 |
| Student Loans | 75 | 6% | $3,647 |
| Federal Student Loans | 28 | 2% | $4,759 |
| Other Student Loans | 57 | 4% | $2,462 |
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