Mathey College, a residential college on campus.

The financial aid policy has been adjusted, effective starting Fall 2023.

This is an income only twice thepoverty levelfor a family of five.

Students Whose Families Earn Below $100K Can Go to Princeton for Free

Mathey College, a residential college on campus. (Photo: Yakinodi viaWikimedia Commons,CC BY 2.0)

Over 1,500 students, a quarter of the student body, will benefit from this change.

To its credit, Princeton did not stop there.

Even wealthier families making as much as $300,000 will pay less.

Students Whose Families Earn Below $100K Can Go to Princeton for Free

Princeton University Chapel. (Photo: Alexey Sergeev viaWikimedia Commons,CC BY-SA 3.0)

Princeton’s latest announcement will surely make a difference to many current and future students.

Hopefully more schools will follow suit in the future, ensuring that getting inrather than payingis the hard part.

Students from households earning $100,000 or less will attend Princeton University for free.

Princeton’s Harvey S. Firestone Memorial Library

Princeton’s Harvey S. Firestone Memorial Library. (Photo:Wikimedia Commons,CC BY 3.0)

Princeton’s Harvey S. Firestone Memorial Library.