Editing Princeton University (section)

=== Costs and financial aid ===
As of the 2021–2022 academic year, the total cost of attendance is $77,690.<ref>{{cite web|date=September 19, 2016|title=Fees & Payment Options|url=https://admission.princeton.edu/cost-aid/fees-payment-options|url-status=live|archive-url=https://web.archive.org/web/20210717084345/https://admission.princeton.edu/cost-aid/fees-payment-options|archive-date=July 17, 2021|access-date=July 14, 2021|website=Undergraduate Admission|publisher=Princeton University|language=en}}</ref> 61% of all undergraduates receive financial aid, with the average financial aid grant being $57,251.<ref name="CDS" /> Tuition, room, and board is free for families making up to $65,000, and financial aid is offered to families making up to $180,000.<ref>{{cite web|date=September 27, 2016|title=Financial Aid by the Numbers|url=https://admission.princeton.edu/cost-aid/financial-aid-numbers|url-status=live|archive-url=https://web.archive.org/web/20210603083135/https://admission.princeton.edu/cost-aid/financial-aid-numbers|archive-date=June 3, 2021|access-date=July 14, 2021|website=Undergrad Admission|publisher=Princeton University|language=en}}</ref> In 2001, expanding on earlier reforms, Princeton became the first university to eliminate the use of [[student loan]]s in [[Student financial aid (United States)|financial aid]], replacing them with grants.<ref name="Moroz-2001">{{Cite news|last=Moroz|first=Jennifer|date=February 4, 2001|title=Princeton Promises Undergraduates 'No Loan' Policy|language=en-US|newspaper=[[Washington Post]]|url=https://www.washingtonpost.com/archive/politics/2001/02/04/princeton-promises-undergraduates-no-loan-policy/4a479bb4-acdd-4e50-91b9-e5cf5042a487/|access-date=July 13, 2021|issn=0190-8286|archive-date=June 13, 2024|archive-url=https://web.archive.org/web/20240613022407/https://www.washingtonpost.com/archive/politics/2001/02/04/princeton-promises-undergraduates-no-loan-policy/4a479bb4-acdd-4e50-91b9-e5cf5042a487/|url-status=live}}</ref>{{Sfn|Fiske|Lecuyer|p=566|2019}} In addition, all admissions are [[Need-blind admission|need-blind]], and financial aid meets 100% of demonstrated financial need.<ref>{{cite web|date=August 30, 2016|title=Cost & Aid|url=https://admission.princeton.edu/cost-aid|url-status=live|archive-url=https://web.archive.org/web/20210601100155/https://admission.princeton.edu/cost-aid|archive-date=June 1, 2021|access-date=July 6, 2021|website=Princeton University Admission|publisher=Princeton University|language=en}}</ref> The university does not use academic or athletic merit scholarships.<ref>{{cite web|date=September 19, 2016|title=How Princeton's Aid Program Works|url=https://admission.princeton.edu/cost-aid/how-princetons-aid-program-works|url-status=live|archive-url=https://web.archive.org/web/20210715050323/https://admission.princeton.edu/cost-aid/how-princetons-aid-program-works|archive-date=July 15, 2021|access-date=July 14, 2021|website=Undergraduate Admission|publisher=Princeton University|language=en}}</ref> In September 2022, Princeton announced that it would cover all costs for families earning $100,000 a year or less, with reduced costs for higher income families as well.<ref>{{Cite news |author-last1=Anderson|author-first1=Nick|date=8 September 2022|title=Princeton to cover all college bills for families making up to $100,000 |language=en-US |newspaper=[[The Washington Post]] |url=https://www.washingtonpost.com/education/2022/09/08/princeton-student-tuition-financial-aid/ |access-date=September 9, 2022 |issn=0190-8286 |archive-date=September 8, 2022 |archive-url=https://web.archive.org/web/20220908151201/https://www.washingtonpost.com/education/2022/09/08/princeton-student-tuition-financial-aid/ |url-status=live }}</ref>

''[[Kiplinger]]'' magazine in 2019 ranked Princeton as the fifth best value school in a combined list comparing [[Private university|private universities]], private [[liberal arts college]]s, and [[Public university|public colleges]], noting that the average graduating debt was $9,005.<ref name="Pitsker-2019">{{Cite news|last=Pitsker|first=Kaitlin|date=July 26, 2019|title=20 Best College Values in the U.S., 2019|work=[[Kiplinger]]|url=https://www.kiplinger.com/slideshow/college/t014-s003-20-best-college-values-in-the-u-s-2019/index.html|url-status=dead|access-date=July 13, 2021|archive-url=https://web.archive.org/web/20210318014454/https://www.kiplinger.com/slideshow/college/t014-s003-20-best-college-values-in-the-u-s-2019/index.html|archive-date=March 18, 2021}}</ref> For its 2021 rankings, the ''[[U.S. News & World Report]]'' ranked it second in its category for "Best Value Schools".<ref name="Sheinerman-2020">{{Cite news|last=Sheinerman|first=Marie-Rose|date=September 14, 2020|title=U. ranked No. 1 American university by U.S. News for 10th consecutive year|work=[[The Daily Princetonian]]|url=https://www.dailyprincetonian.com/article/2020/09/princeton-top-university-in-america-us-news-report-10-years|access-date=June 21, 2021|archive-date=June 2, 2021|archive-url=https://web.archive.org/web/20210602214408/https://www.dailyprincetonian.com/article/2020/09/princeton-top-university-in-america-us-news-report-10-years|url-status=live}}</ref>