important financial aid question

<p>what is the average financial aid in terms of grants and grants only given to students whose family income is $20,000 to $30,000?</p>

<p>The website under the "Financial Aid Programs at a Glance" fact sheet says the avg. grant for those with incomes $0-$39,999 is over $40,000, meeting 96% of tuition plus room and board. All but about $2,000 of those items.
You could do the "early estimator" on the website.</p>

<p>Expect full tuition.</p>

<p>For freshman year, expect something along the lines of...</p>

<p>You pay:
Parental contribution: $0
Summer savings (can be replaced by half-grant/half-loan in case you don't make this much money): $1400
Student's assets: 5% of the money in your bank accounts and investments, if you have any
Work-study (Princeton provides a job for you though you're welcome to find your own): $2000</p>

<p>Your student budget includes:
Tuition: $33,000
Roam and Board: $11,000
Books and Personal: $3,300
Student Health Plan: $1,000
Travel: $700
Other: $3000</p>

<p>Total: $52,000</p>

<p>So, Princeton will cover the ENTIRE difference in GRANTS.</p>

<p>$52,000 - $3400 = $48,600 in financial aid (of the grant variety)</p>

<p>Pretty sweet, right? So, any student worried about being able to afford Princeton shouldn't be!</p>

<hr>

<p>The early estimator danas mentions is here: <a href="http://www.princeton.edu/main/admission-aid/aid/prospective/estimator/%5B/url%5D"&gt;http://www.princeton.edu/main/admission-aid/aid/prospective/estimator/&lt;/a&gt;.&lt;/p>