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Princeton University Match Scholarship

For high school students applying to the National College Match in 2009

Princeton is firmly committed to meeting the full need of every qualified student with an aid package that does not require a loan. The average aid award at Princeton is made up of 96% scholarship and 4% campus job, with zero student loan. Students who come from economically disadvantaged backgrounds (where the family income is under $50,000) typically have no parental contribution expected. Parents may be asked to contribute small amounts when the family income is between $50,000 and $75,000.

You can get an idea of the financial aid package you might receive by using the Princeton Financial Aid Estimator. The Estimator is a convenient calculator based on Princeton's actual financial aid formula. If you provide accurate information about your family's finances, the estimated award figured for you will be very realistic.

The Princeton award for students who we have determined to be economically disadvantaged is shown below. Even if your family does not fall into this category, keep in mind that Princeton provides generous no-loan packages to students from a broad range of financial circumstances.

Scholarship Details

Glossary of terms appearing in scholarship package details


Annual Cost of Attendance
(Estimates for 2010-11)
Tuition $36,420
Room & Board $11,965
Books & Supplies $1,290
Travel $600
Personal $2,420
Other Fees $0
Total $52,695
  
How Costs Are Covered
(Annually)
Grants $49,195
Work-Study $2,500
Parental Contribution $0
Student Summer Work Contribution $1,000
Student Savings 5%
Student Loan $0
Total $52,695

This is an example of a typical financial award for a low-income student. Actual amounts may vary.

Outside Scholarships
Outside scholarships can be applied to the work-study requirement and then the summer work contribution. Scholarships that exceed the earnings requirements can be used toward the one-time purchase of a personal computer. Additional scholarships will be used to reduce the Princeton grant.

Health Insurance
Princeton requires all students to have health insurance, either through a parent or another plan. If the student is not covered by a parental plan, the Princeton grant will be increased to pay for the $1,270 Princeton student health plan.

Other Details
Students are expected to contribute 5% of their personal savings toward college expenses. This contribution will decrease the amount of the Princeton grant.

A travel allowance will be determined by Princeton based on student location The actual travel allowance may be different than the average amount listed here, affecting the amount of the Princeton grant.

Requirements associated with maintaining this award:
  • Satisfactory academic progress

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