You've probably spent tons of time reading about college tuition, financial aid, scholarships, and loans - but that shouldn't be the end of your college financial research. When you get to campus, you may want extra help navigating the next four years and all of the financial decisions along the way.
Find out how the school you attend can help you with the dollars and cents through its programs and resources. Here's what Princeton offers.
While thinking about how you will pay for Princeton, make sure you not only submit your FAFSA like you would for any school, but also fill out Princeton's Financial Aid Application.
This form will be required once you fill out your admissions application. Here are some helpful tips to assist you in navigating the Princeton Financial Aid Application.
Need is always met through the offering of grants, need-based scholarships, and jobs rather than counting need by using lans in their financial aid packages. There are several payment options available for students who do not demonstrate enough of a financial need and have some out-of-pocket costs. There is also a resource explaining the details of a variety of finance options for those who do need to consider loans. There are several student and parent loans discussed.
Paying for Princeton University
Affordable For All Initiative is an initiative at Princeton University to make a Princeton education affordable to all. They have managed to eliminate student loans from many of their financial aid packages and explained: “Our generous aid program enabled 82 percent of recent seniors to graduate debt free. For comparison, about 70 percent of college seniors in the United States graduated with debt in 2014.”
Princeton provides a Financial Literacy page for students to read about a few financial literacy topics. Tools offered to help organize students include the Princeton Cost Estimator and the Financial Aid Estimator. There is a wealth of information on their Frequently Asked Questions page.
Another unique offering from Princeton University is the Princeton Student Agencies program that helps student entrepreneurs offer goods and services to the Princeton community while helping them earn extra money. At the same time they are developing key business skills. It is part of the ODUS, or Office of the Dean of Undergraduate Students.
Graduate and doctoral students
Doctorate Degree students and Graduate students also benefit from the Affordable For All Princeton initiative explaining that “Princeton guarantees funding for its regularly enrolled, degree-seeking Ph.D. candidates for all years of regular program enrollment, contingent upon satisfactory academic performance.” Funding opportunities also come in the form of “fellowships, assistantships, external funding, travel grants, loans and assistance, and Federal Work Study.”
Through the Graduate School at Princeton there are several services and resources listed, one of which is the Family Focused Initiative which is a variety of programs and policies for graduate students to help with life issues, including financial. It is through a partnership with Carebridge where they offer these services. Here is a brochure with more specific, additional information. There is also a Graduate student Mass Transit Subsidy Program to assist graduate students with transportation costs. Additionally, there is a Course Book Purchasing Tool which allows full-time students seeking degrees to check out the course reading lists ahead of time and they can receive a 30% discount off of the publisher’s list prices through the Labyrinth Books website.
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