Admission and Costs

Undergraduate Admission and Enrollment

Princeton admits a class of students each year that stands out not just for outstanding academic ability but also for the wide range of backgrounds, interests, accomplishments and aspirations it represents.

The University seeks students who will benefit from a Princeton education and will use that educational experience to impact their communities and the world.

Princeton offers two admission programs for first-year applicants: Single-Choice Early Action—requiring applicants to apply early only to Princeton—and Regular Decision. Both programs have a candidate’s reply date of May 1.

The University also offers a transfer admission process that enrolls a group of exceptionally well-prepared transfer students. Students from lower-income backgrounds, community college students and U.S. military veterans are particularly encouraged to apply.

Application Deadlines

Single-Choice Early Action Nov. 1
Regular Decision Jan. 1
Transfer March 1

Admission 2023: Class of 2027

As of August 21, 2023; all percentages rounded

Applicants Number % of total
Total 39,644
    Men 19,541 49.3
    Women 20,103 50.7
International students 9,402 23.7
Admitted Number % of total
Total 1,782
    Men 870 48.8
    Women 912 51.2
International students 226 12.7
Enrolled, first year, first time Number % of total
Total 1,366
    Men 670 49.1
    Women 696 50.9
International students 185 13.5

Additionally, for academic year 2023-24, the University is enrolling 33 transfer students, with 24 students transferring from community colleges and 21 having actively served in the U.S. military, with four branches of service represented. 

Approximate undergraduate enrollment, 2023–24 Number % of total
Total 5,590
    Men 2,752 49
    Women 2,838 51
Diversity    
    African American 480 8.6
    Asian American 1,324 23.7
    International 685 12.3
    Latino/Hispanic 551 9.9
    Two or more races (non-Hispanic) 391 7
    Native American 8 0.1
    Pacific Islander 6 0.1
Alumni children 705 12.6

In 2023-24, the largest numbers of undergraduate students came from New Jersey (922), New York (628), California (604), Pennsylvania (265) and Florida (228). Students also came from 110 nations.

As of June 2023, 72.8% of the entering class of 2023 graduated from Princeton within four years. The four-year graduation rate was significantly lower than in recent years as a result of students taking one-year extensions made available in 2020-21 during the COVID pandemic. As of June 2023, 97.1% of the entering Class of 2021 have received a degree from Princeton within six years.

Undergraduate Costs and Financial Aid

Here is what it costs for an undergraduate to study at Princeton:

Expense Amount
Tuition $59,710
Housing  $11,400
Food $7,980
Miscellaneous expenses (books, supplies, etc.) $4,050
Total $83,140

The University’s pioneering financial aid program, made possible by the University endowment and the sustained generosity of alumni and others, provides the assistance necessary to make sure that all students, including international students, who are admitted and have demonstrated financial need can attend. The aid comes in the form of grants, which do not need to be repaid. Because no student is required to take out loans, Princeton’s aid program allows its students to graduate debt-free. Princeton made substantial enhancements to its aid program starting with the 2023-24 academic year, providing even more generous support to undergraduates and their families.

Class of 2027

Percent receiving aid %
Aid recipients 67%
Non-aid 33%

Financial Aid for Admitted Students

The average aid package for an undergraduate student in 2023-24 is more than $72,000 and covers the full cost of tuition and housing. Most families with incomes up to $100,000 receive aid to cover the cost of attendance, including tuition, housing, food, books and personal expenses. Nearly 25% of all undergraduates are expected to receive this level of aid. Most students from families with incomes up to $190,000 receive aid to cover the full cost of tuition, and many families living in the U.S. with incomes up to and even beyond $300,000 receive grant aid, including those at higher income levels with multiple children in college. 

The amount each family is asked to contribute varies based on a review of income, assets and support provided to undergraduate siblings for college costs. Princeton uses its own need formula to determine the family contribution.

Family Contribution By Income 

Income  Total Family Contribution 
$75,000 $0
$100,000 $0
$150,000 $12,500
$200,000 $25,000
$250,000 $37,500
$300,000 $50,000

•  Chart contains information based on families with assets less than $150,000, residing in the United States with one child enrolled in college. Assets do not include retirement holdings or primary residence. Assets do include non-retirement investments, 529 plan college savings, student assets and investments, non-primary vacation and other homes.

• Figures in chart are presented per year.

• Information in chart is not a guarantee of aid eligibility. 

Princeton’s Estimated Financial Aid Budget, 2023–24

Source % Amount
Total scholarship budget   $267,948,000
Provided by the University 95.2%  
    Endowed scholarships   $187,163,000
    General funds   $66,955,000
    Yearly gifts to scholarship program   $1,000,000
Provided by government 2.9% $7,630,000
Provided by outside organizations 1.9% $5,200,000

Graduate Admission and Enrollment

Of the 14,577 applicants to the Graduate School for 2023–24, 1,369 were admitted and 742 accepted the offer of admission.

While graduate candidates submit applications to the Graduate School, faculty members in the individual departments that will award the degrees review the applications and make admission recommendations to the dean.

In 2022-23, Princeton awarded 445 Ph.D.s and 234 final master’s degrees.

Graduate Admission 2023–24:

All Master’s and Doctoral Candidates
All percentages rounded

Applicants Number % of Total
Total 14,577
    Men 9,032 62
    Women 5,545 38
International  8,520 58
U.S. underrepresented populations** 1,198 20*
U.S. first-generation or low-income 1,994 33*
Women in STEM 2,702 31†
Admitted Number % Admitted % of Admits
Total 1,369 9
    Men 758 8 55
    Women 611 11 45
International  607 7 44
U.S. underrepresented populations** 169 14 22*
U.S. first-generation or low-income  182 9 24*
Women in STEM 326 12 39†
Yielded Number % yielded % of accepted
Total 742 54
    Men 407 54 55
    Women 335 55 45
International  348 57 47
U.S. underrepresented populations**   84 50 21*
U.S. first-generation or low-income  100 55 25*
Women in STEM 147 45 37†

** Includes domestic candidates who self-identified as Black or African American, Latino/Hispanic, American Indian or Alaska Native, Native Hawaiian or other Pacific Islander, or two or more races provided one is included in this definition  
*Percentage is of all U.S. candidates
†Percentage is of all STEM candidates

Graduate Enrollment 2022–23

The Graduate School enrolled 3,212 degree candidates in 43 departments and programs in academic year 2022–23. Forty-two percent of the Graduate School’s students are female, and 42% are citizens of other countries. Twenty-one percent of domestic graduate students at Princeton are members of U.S. underrepresented populations. The median time from matriculation to receiving a Ph.D. at Princeton, including all departments, is 5.7 years (for 2022–23).

Enrollment of Graduate Degree Candidates by Academic Division, 2022–23

Division Number %
Humanities 504 16
Natural sciences 932 29
School of Architecture 131 4
School of Engineering and Applied Science 850 26
Social sciences 581 18
Princeton School of Public and International Affairs 214 7
Total 3,212 100

 

Graduate Costs and Financial Support

All Ph.D. and many master’s degree candidates in the Graduate School receive financial support for the duration of their degree program through some combination of University fellowships, assistantships in research or teaching, and non-University awards. Princeton guarantees funding for its regularly enrolled, degree-seeking Ph.D. candidates for all years of regular program enrollment, contingent upon satisfactory academic performance. This funding covers the full cost of tuition and fees and a stipend intended to support the estimated living expenses of a single graduate student.