Financial Aid

We believe it is fundamentally unfair that some members of the Princeton population must either devote nine hours per week to often non-substantive campus jobs or take loans to cover the contribution that could endanger their future financial well-being.

The trustees approved a $1.5 billion operating budget for the 2012-13 fiscal year at a meeting on Jan. 28, the University announced in a statement.

While it’s great that Quad has become financially accessible to the entire student population, a change in one eating club alone is not sufficient. The administration has addressed this problem in the past, and now increases financial aid awards for all juniors and seniors in attempts to defray the costs of joining an eating club.

US News & World Report named the University as having the second-least 2010 graduate debt in the country. The average University student graduated with $4,385 in debt, while the average 2010 graduate nationwide graduated with about $25,000 in debt. The University ranked after only Alice Lloyd College, a small private college in Kentucky, where the average student graduated $3,108 in debt. No other Ivy League school appeared in the “10 Schools with Least 2010 Graduate Debt” rankings.

In order to adequately assess the success of our efforts to increase the socioeconomic diversity of the student body and in order to effectively discuss future modifications to our efforts, it is necessary that we possess accurate and clear measurements about the current state of affairs.