Is the financial aid grant per year or is it supposed to last me through four years?

Colleges and Universities A-Z Princeton University
1

<p>i can't believe my eyes, the Princeton grant is SO MUCH. is it per year or for all four years?</p>

2

<p>I can't speak for Princeton, but generally it's per year...</p>

3

<p>you must submit an application every year.</p>

4

<p>Ya seriously, I got 42k grant and we make ~95k. Man Princeton is so awesome :D</p>

5

<p>Me too! Princeton was incredibly generous to me.</p>

6

<p>Geeze, echang08, that's nuts. I'm near that area too, but I did not get that much. Good job!</p>

7

<p>Wow. That's cool. They were generous to me too. Probably going to be a huge part of my decision.</p>

<p>We are around 40k, and I only have to pay about 2k.</p>

8

<p>exactly!! after all the financial aid, Princeton even costs less than the government-subsidized state universities in my own country. thanks guys.</p>

9

<p>hey screwitlah, i assume you're in singapore? -- 'lah'</p>

10

<p>i'd have to say i found princetons offer kinda disappointing...</p>

11

<p>and if your financial situation hasn't changed, you're likely to get the grant again right?</p>

12

<p>Princeton's offer makes it impossible for me to consider attending. Do you think they will up the grant?? A comperable school is offering almost ten times as much finaid based on the same numbers!!!</p>

13

<p>I got a little more 48K ...i only have to pay $300 a year...im super excited...</p>

14

<p>What the heck, why is this so random. I got only 37k and my mom's 2007 income was 11k (separated parents)!!! I emailed them asking about this.</p>

15

<p>^^ Two things immediately come to mind. You posted elsewhere that your mom's income was $24,000 but you live off $11,000. They will go off her total income and assets. Secondly, and more importantly, your father's income and assets count.</p>

<p>Depending upon your situation there might be other things involved such as having a parent who owns a business employing over 100, having a trust fund, etc. but those are more unusual circumstances.</p>

16

<p>My parents are dirt broke. They didn't save at all for retirement. My dad owns a house/business, but both are in huuuuge amounts of debt.</p>

<p>To clarify: mom's alimony = 11k (she has no job)
Dad's income is $24k, but he owns a business (Princeton didn't ask for the tax returns, but they show that he had net losses this year).</p>