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Princeton University Scholarships: List, Eligibility, Application!

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Princeton University, one of the world’s most prestigious Ivy League institutions, attracts top international students seeking an exceptional American education. With an admission rate of just 5.8% for the Class of 2026, getting accepted is highly competitive for both domestic and international applicants. Getting into Princeton is a big deal and even bigger is the price to pay. What we mean is that Princeton is also one of the most expensive schools in the world. However, there are scholarships for exceptional students who make it through the admission criteria as this is one of the ‘Ivy League’ universities in the USA.

This read will help you break down the list of Princeton University scholarships, their eligibility and the application process. Continue reading until the very end to know everything on 6. Princeton University fully funded scholarships. 

Princeton University Scholarships For International Students Highlights!
Particulars UndergraduateGraduate
Type of AidNeed-based aid, Merit scholarshipsFellowships, Assistantships
EligibilityNeed-based on family income, Merit for outstanding accomplishmentsBased on program and academic merit
Aid CoveredTuition, room and board, books, personal expensesPartial or full tuition, stipend
Application ProcessCSS Profile, IDOC, separate financial aid applicationIndividual department applications
DeadlinesCSS Profile – November 1 Early Action, January 1 Regular DecisionVaries by department, usually the same as the admission deadline
International Student ResourcesDavis International Center, English language programs, cultural groupsDavis International Center, English language programs, cultural groups

List Of Princeton University Graduate Scholarships

Princeton guarantees complete financial support for all enrolled PhD candidates pursuing a degree. This funding comes from various sources including university fellowships, teaching assistant positions, research assistant roles, and external fellowships. The stipend rates and assistantship details for the 2022-2023 academic year are outlined below:

DivisionPrinceton University Full Scholarships For International StudentsAward Amount (USD)
Humanities and Social SciencesUniversity Fellowship (12 months)45,600
Natural Sciences and EngineeringFirst Year Fellowship (10 months)40,000
Summer Fellowship or Assistantship in Research (2 months)Up to 8,000
Graduate SchoolAssistantship in Research (10 months)40,000
Assistantship in Instruction (10 months)42,000

List Of Princeton University External Scholarships

International students have access to many outside scholarships at Princeton beyond the university’s aid. External scholarships replace part of the Princeton Grant. If the Princeton grant amount decreases due to an outside scholarship, students can recover those funds easily through the university. This is also one of the scholarship criteria where Princeton University scholarships for Indian students might or might not be applied, students will have to check thoroughly, All external scholarships must be reported to the financial aid office.

ScholarshipEligibilityAward BenefitsApplication Deadline
The Powersports Dealership ScholarshipStudents living in Canada, Australia, or New Zealand employed by a powersports dealership2 awards of 1,000 USDJuly 1, 2023
Princeton Arts FellowshipCV | 750 word proposal | Work sample | 150 word statement88,000 USD per year for 2 consecutive 10-months year | 5000 USD per year for research expenses | 2,000 USD per year for classroom expensesEarly July 2023
#YouAreWelcomeHereScholarshipFirst year international student in any field of study | Interest in promoting intercultural learning and exchange | YAWH scholarship application | 500-1000 word essay or 2-5 mins videoMinimum 50% tuition waiverInstitution deadlines (Typically in Fall and Spring)
International Student Support ContestStudents pursuing diploma, bachelors or masters1st Place: 2000 USDMarch 31, 2023
2nd Place: 1000 USD
3rd Place: 500 USD

Princeton University Scholarships Awards

Princeton University scholarships are offered with guaranteed personalized attention to identify which students require financial assistance. Full demonstrated need is met through grants providing up to USD 77,240 (₹63.67 lakhs) for all admitted students. The award amount is determined based on the following factors:

  • Assessed Need: Princeton evaluates each student’s financial need while considering them for scholarships. No awards are merit-based.
  • Family Finances: The university thoroughly reviews the family’s financial circumstances. Special situations and professional assessments help determine aid eligibility.

The table below shows the average grant amounts for undergraduate students by family income level:

Annual Gross Family Income (USD)Average Grant (USD) Grant CoversParticulars Covered
0–65,00076,700Full tuition, room + board
100,000–120,00066,950Full tuition, 51% room + board
$200,000 – $250,00039,02568% tuition

The personalised approach and needs-based policy ensure Princeton scholarships make the institution accessible for admitted students across economic backgrounds.

Eligibility For Princeton University Merit Scholarships

Princeton University’s need-based aid program is designed to ensure accessibility for students from diverse socioeconomic backgrounds. The eligibility criteria for scholarships to study in the USA financial aid are transparent, with families generally contributing 25% of income above $100,000 and 5% of assets (excluding primary residence and retirement accounts) above $150,000. The commitment to economic diversity is evident in meeting 100% of the difference between family contributions and Princeton’s cost of attendance through non-repayable grants for all students, regardless of citizenship, reflecting a no-loan policy.

  • The university’s guiding principles emphasize need-blind admission, ensuring that applying for aid does not disadvantage applicants in the admission process, and promoting equality of opportunity for low- and middle-income students.
  • Importantly, financial aid is solely need-based, with no merit scholarships awarded. The need is assessed through a thorough review of each family’s financial circumstances, considering income, assets, and enrolled siblings.
  • Princeton’s financial aid reflects a shift from an old methodology, where families with income under $65,000 received grants covering full tuition, room, and board. 
  • The new methodology extends grant aid to most families with income under $100,000, covering tuition, room, board, books, and personal expenses. 
  • The commitment to meeting full student needs is evident, with the average grant for the Class of 2026 reaching $62,635. Princeton’s no-loan policy ensures that financial need is fulfilled through grants, emphasizing its dedication to supporting students without burdening them with loans. 
  • The university provides detailed information on financial aid application dates and deadlines, reinforcing its commitment to transparency and accessibility.

Scholarship Benefits

Scholarships are the epitome of a student’s capabilities in achieving their dream of studying abroad. Some of these scholarships cover the cost of studying in the US. Furthermore, students are relieved of paying high fees for rooms and other facilities, this acts advantageous. This is why study in the USA becomes a cakewalk, students will only have to worry about their studies.

If in case you are not eligible for one of these scholarships, fear not! UniCreds, a marketplace aggregator of loans and financial solutions to students can come to your rescue. You can get your education funded in days* time. 


Q.1 Can you get a full-ride scholarship to Princeton?

A: Yes, Princeton meets 100% of the demonstrated financial need for all admitted students through grants and scholarships.

Q.2 How much does Princeton University cost for Indian students?

A: For international students at Princeton, the estimated annual cost is USD 77,000 including tuition, room and board.

Q.3 Does the University of Princeton give full scholarships?

A: Princeton provides full scholarships that cover tuition, room, board and other expenses for admitted students with a demonstrated financial need.

Q.4 What is the average scholarship for Princeton University?

A: The average Princeton scholarship grant amount ranges from $39,000 to $77,000 annually depending on the family income level.

Q.5 Which are the top scholarships offered by Princeton University?

A: The top scholarships are need-based grants, external scholarships, and competitive merit-based fellowships for Ph.D. students.

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Princeton University Scholarships: List, Eligibility, Application!

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