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Princeton Tuition & Cost

Princeton, New Jersey

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How much does it cost to attend?

Sticker Price
$68,044
Costs for Princeton University
Fee Cost
Tuition$48,502
Books and Supplies$1,050
Other Fees$0
Room and Board $15,342
Other Expenses Budget$3,150

Annual Prices

The annual list price to attend Princeton University on a full time basis for 2020/2021 is $68,044 for all students regardless of their residency. This fee is comprised of $48,502 for tuition, $15,342 room and board, $1,050 for books and supplies and $0 for other fees. Out of state tuition for Princeton University is $48,502, the same as New Jersey residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Princeton University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$18,685
Net Price by Income Princeton University
Family Income Net Price Paid
$0 to $30,000$2,958
$30,001 to $48,000$4,502
$48,001 to $75,000$5,542
$75,001 to $110,000$18,205
$110,000+$41,011

The average reported annual net price for Princeton University for students receiving grants or scholarship aid was $18,685 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

61% of full-time undergrad Princeton University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $55,465 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 2% of students received Federal Student Loans averaging $4,759 and 4% of undergrads took out private student loans averaging $2,462.

Finanical Aid Princeton University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $55,465 61%
Institutional Grants and Scholarships $52,437 61%
Pell Grants $4,971 25%
Other Federal Grants $3,980 8%
State and Local Grants $10,341 3%
Federal Student Loans $4,759 2%
Other Student Loans $2,462 4%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Princeton University, we've modeled a ten year student loan with an original principal value of $75,252. The loan balance of $75,252 is a four year multiple of the $18,813 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $718 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $75,252
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $717.99
Total Interest Paid $10,906.45
Sum of All Loan Payments $86,158.45

Projected 4 Year Degree Price

4 Year Sticker Price
$272,176
Year All Residents
1 $68,044
2 $69,626
3 $71,245
4 $72,902

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Princeton University to be $272,176 - assuming graduation in normal time. The estimation assumes a 2.3% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Princeton University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,684 $5,052 $6,736

Estimated cost for a class at Princeton University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Princeton University versus other colleges.

Tuition Payment Plans Available

Princeton University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=186131 IPEDS survey data for Princeton University.