Princeton will enhance its groundbreaking financial aid program
Most families with income up to $100,000 a year will pay nothing. Read the story.
Federal Pell Grant: This grant is awarded to students who are U.S. citizens or eligible non-citizens and demonstrate the lowest family contribution as determined by the Free Application for Federal Student Aid (FAFSA). Students apply for a Pell Grant by completing the FAFSA.
Federal Supplemental Educational Opportunity Grant (FSEOG): These federal grants are administered by Princeton and preference in awarding FSEOG is given to students who are eligible for a Pell Grant and have the lowest family contribution.
New Jersey Tuition Aid Grant (TAG): TAG is a need-based grant for U.S. citizens or eligible non-citizens residing in the state of New Jersey who are attending a New Jersey college. Students apply for TAG by completing the FAFSA and indicating on the application that their state of residence is New Jersey. By completing the FAFSA, student financial information is sent to the Higher Education Student Assistant Authority (HESAA) to determine TAG eligibility. Students are required to be New Jersey residents for one year in order to be eligible for TAG. Once your application is received, HESAA will notify you of any issues. It is imperative that you respond to all notices and requests from HESAA to ensure that your award is processed on time. The state requires that students who have received TAG in the past file their FAFSA by April 15th. For all other applicants, the state deadline to file their FAFSA is September 15th for the fall semester or February 15th for spring-only enrollment. If your FAFSA is filed after the state deadline, you will not be eligible to receive the state grant. Please visit HESAA's website for additional information.
Other State Grants: Residents of Alaska or Vermont may be eligible to receive a state grant as part of their Princeton aid award. The FAFSA is normally all that is required, although in some cases a supplemental application is necessary. For more information, please visit your state’s higher education agency’s website:
Princeton University Grant: The Princeton University Grant is awarded based on your family’s contribution as determined by Princeton's methodology. Princeton will meet 100 percent of your demonstrated financial need - first, by considering external funds awarded to you (such as federal, state, and other funds), and then filling the remaining gap with Princeton University Grant.
Veterans Benefits: Information regarding education benefits for veterans and their dependents can be found on the Veterans Benefits page.
Outside Scholarships: Outside scholarships are funded by individual companies, organizations, etc. and students typically have to apply for these funds on their own. Tuition benefits from employers also fall under the outside scholarship category. Please visit the Outside Scholarships web page for information regarding Princeton's policy.
Student Employment: Information regarding student employment and the Federal Work Study program can be found on Princeton's Student Employment site.
Federal and Institutional Loans: Please visit the Financing Options portion of the Financial Aid web site for information regarding all federal and institutional loans for both students and parents.