Why Is Princeton So Cheap: Uncovering The Surprising Affordability

How does Princeton manage to offer an affordable education to students from diverse financial backgrounds? Princeton University strives to make higher education attainable, accessible, and affordable for all eligible students. The heart of our mission is to encourage students from various financial situations to apply for admission to Princeton. Our financial aid program reflects our unwavering commitment to ensuring that every qualified student, regardless of their financial circumstances, can pursue their academic goals here. This comprehensive approach underscores our dedication to accessibility and affordability in higher education.

On September 8th, Princeton University made a significant announcement that will greatly benefit undergraduates from a wide range of family income levels. Beginning in the next academic year, the university will offer substantial financial relief to students whose families earn up to $100,000 annually. Specifically, these students will no longer be required to cover tuition costs or room and board expenses while attending Princeton. Furthermore, families with incomes as high as $300,000 annually will also be eligible for additional financial support, ensuring that a broader spectrum of students can access a Princeton education without being burdened by excessive costs. This initiative reflects Princeton’s commitment to making higher education more accessible and affordable for students from diverse economic backgrounds.