Princeton will enhance its groundbreaking financial aid program
Most families with income up to $100,000 a year will pay nothing. Read the story.
Students who receive need-based aid from Princeton and wish to purchase a personal computer for their school use may request a computer purchase budget adjustment. Our office will add the purchase price of the computer to your financial aid budget and offer a subsidized Princeton student loan to cover the cost. You may request one computer purchase budget adjustment for the purchase price of a personal computer and accessories up to $3,500 over the course of your years at Princeton.
You must first purchase the computer and then submit the receipts and the Princeton Loan Request Form (the 2023-24 form will be available in July) starting August 1st to the financial aid office for reimbursement. The loan will be credited to your Princeton student account. You must submit your receipts to the financial aid office by spring semester Dean's Date.
If your Princeton grant was reduced to accommodate an outside scholarship, you only need to submit the receipts to the financial aid office starting August 1st and we will instead apply this amount of Princeton grant to your student account. If your reduced Princeton grant does not cover the purchase price, you may then request a subsidized loan for the difference if you wish. The combination of reduced Princeton grant and subsidized loan will not exceed $3,500.
Educational technology permitted under this policy (you may purchase exactly one of each item):