The University’s expanded financial aid program has brought its number of tuition-paying students below the threshold for a new 8 percent federal tax on the wealthiest university endowments enacted by Congress in July. Princeton was predicted to lose roughly $180 million annually on its investment income under the tax, which peer institutions are gearing up to pay.

The University’s expanded financial aid program has brought its number of tuition-paying students below the threshold for a new 8 percent federal tax on the wealthiest university endowments enacted by Congress in July. Princeton was predicted to lose roughly $180 million annually on its investment income under the tax, which peer institutions are gearing up to pay.