Princeton University

For all students, after the family covers the EFC, the program covers the entire remaining student budget with work-study and grant aid.

For all students. . .

2009-10 Estimated Student Budget

After the family covers EFC, the college assures enough work-study and grant aid to cover these expenses.

Tuition & Fees	$35,340
Books & Supplies	$1,200
Room & Board	$11,680
Transportation & Personal Expenses	$2,400

Total Expenses: $50,620

About the Financial Aid Pledge (2009-10):

Who qualifies for the pledge (in addition to common requirements)?
All students.

How is EFC determined and used?
Institutional Methodology. The family is expected to cover the EFC, including a student summer earnings contribution of $1,500.

How much academic year work and/or need-based loans are included?
$2,900 of work-study and no loans.

Does the offer account for the full student budget?
Yes.

How are outside scholarships handled?
Outside scholarships reduce the student summer earnings contribution then work-study before reducing grant aid.

For more information:
Princeton Financial Aid
Who Qualifies for Aid?

About the Institution (2007-08):

    Location: Princeton, NJ
    Type: Private 4-year
    Undergraduate enrollment: 4,907
    Pell Grant recipients (a measure of low-income enrollment): 10%
    Proportion of graduating seniors with student debt: 22%
    Average debt: $5,955

Glossary

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