Families earning above $100,000 will still qualify for aid, with most of the additional scholarships going to families making less than $150,000 and families with multiple children in college.
Princeton was one of the first universities in the country to eliminate loans from its financial aid packages in 2001.
"One of Princeton's defining values is our commitment to ensure that talented students from all backgrounds can not only afford a Princeton education but can flourish on our campus and in the world beyond it," President Christopher Eisgruber said. "These improvements to our aid packages, made possible by the sustained generosity of our alumni and friends, will enhance the experiences of students during their time at Princeton and their choices and impact after they graduate.
Under the new policies, families making less than $100,000 will pay nothing for tuition or room and board. More than 25% of the student body is expected to receive this level of aid.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Princeton University will be free for students from families making less than $100kThe university said the offer begins next fall and includes free tuition, room and board.
Read more »
Princeton University to cover all college costs for students from families earning less than $100KPrinceton University announced Thursday that student whose families make less than $100,000 annually will receive free tuition, room, and board.
Read more »
Princeton offering free college for students whose families earn less than $100KThe university will cover the full cost of tuition, room and board for those who qualify, and provide separate funding for books and other expenses.
Read more »
Princeton to give full-rides to students whose families make $100K or lessMore 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.
Read more »
School districts in south King County offer students free supplies to help families save moneyAs families get ready to send their children back to school, some worry how they are going to pay for things they need to be successful in the classroom. This is true for some households in south King County that make far less money than the county’s average income.
Read more »