More than a quarter of Princeton University's undergraduate students will receive financial aid packages that cover full tuition, room and board, according to the announcement Thursday.
Princeton University students whose families earn $100,000 or less will likely attend the Ivy League school for free.new financial aid program
More than a quarter of the school’s undergraduate students should expect to pay nothing, the announcement said. The program’s change comes after the university increased tuition by 2.5% this year. It rose at a slower pace than the average 3% increase among the 27 four-year nonprofit colleges in New Jersey, according to an NJ Advance MediaTuition and fees, without financial aid, costs an incoming undergraduate student $57,583 per year, the university said. It ranks as the second-highest in cost among the 27 schools, according to the data analysis.
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