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