Important Alerts

Financial Aid FAQ (Fall 2020)

Following the University's announcement of its plan for fall 2020, the Financial Aid Office has prepared a resource that answers common questions about the financial aid, billing, and student employment implications of the plan. Please view this resource to learn more.

Financial Aid Mail Processing

The Office of Undergraduate Financial Aid and Student Employment (UFA) is currently unable to send or receive U.S. mail. To update your financial aid application, please upload materials to your secure financial aid portal; secure fax to our office at 609-258-0336; or email to pfaa@princeton.edu (if you are a member of the class of 2024) or faoffice@princeton.edu (if you are a currently enrolled student).

Financing Options

Since 2001, grants have replaced student loans in the Princeton financial aid package for all aid recipients. 

As a Princeton student, you are not required or expected to borrow to meet your demonstrated financial need. 

While this policy has made it possible for many students to graduate Princeton with little to no debt, some families may wish to take advantage of loans to help finance the cost of college, including the parent or student contribution.  It is our policy to minimize student borrowing whenever possible and to assist families in selecting the best loan available once the decision to borrow has been made. Because loans are not required in the Princeton financial aid package, any student or parent who borrows does so on their own initiative.

If you are interested in a student or parent loan, please contact our office to review your loan options and eligibility.