Undergraduate students whose families earn up to $100,000 will be able to attend Princeton University for free starting next year, the Ivy League institution has announced.
Previously, the university’s financial aid provided free tuition, room, and board to families earning $65,000 - but that has been increased. Tuition at the school is nearly $80,000 a year.
“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 Thursday in a statement.
“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.”