Tuition in 2010–11 will be $36,640 (up 3.7 percent); room, $6,467 (up 2 percent); and board, $5,473 (up 2.5 percent). The financial-aid office estimates that students spend $3,600 on other fees and personal expenses, so the total cost of a year at Princeton will rise to about $52,180.
While the tuition and fee increase is higher than last year’s (2.9 percent), it still ranks among Princeton’s lowest in the last four decades.
A larger allotment for the University’s no-loan financial-aid program will support an expected increase in the percentage of undergraduates receiving aid. More than 60 percent of this year’s freshmen are on aid, and as much as 63 percent of the Class of 2014 could be on aid, according to a prepared statement by the University. In 2009-10, the average grant for a student on financial aid was $36,000.
Provost Christopher Eisgruber ’83 said in the statement that the fee increase “strikes a reasonable balance that recognizes both the University’s budgetary challenges and the need to avoid putting unnecessary burdens on tuition-paying families.”