Students who receive need-based aid from Princeton and wish to purchase a personal computer for their school use may request a subsidized student loan from the financial aid office. You may request one subsidized loan for the purchase price of a personal computer and accessories—up to $3,000—once during your time as a Princeton undergraduate student—from your first year through November of your senior year.
If you purchase your computer through the Student Computing Initiative (SCI), you must select the financial aid loan payment option. Your Princeton student account will be charged for the computer, and the loan will automatically be applied to cover the charge.
If you purchase your computer through a third-party vendor, you must first purchase the computer, and then submit the receipts to the financial aid office for reimbursement. The loan will be credited to your Princeton student account.
If your Princeton grant was reduced to accommodate an outside scholarship, we will instead apply this reduced 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. The combination of reduced Princeton grant and subsidized loan will not exceed $3,000.
Educational technology permitted under this policy (you may purchase exactly one of each item):
- Laptop Computer and Case (and optional extended warranty)
- Desktop Computer (and optional extended warranty)
- Tablet Computer and Case (and optional extended warranty)
- External Hard Drive
- External Monitor
- Keyboard and Mouse
- Earphones or Headphones
- USB cable