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Princeton University

Princeton, NJ · Private Nonprofit

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4.5%
Acceptance
1540
SAT
$63,844
Sticker Price
$7,652
Net Price*
$110,066
Earnings
<1 yrs
Payback
39,644
Applicants

*Net price for families earning $48k–$75k. See all income brackets →

Net Price Calculator

What is Princeton University's acceptance rate?

Down 1 percentage points since 2018

With a 4.5% acceptance rate, Princeton University is considered extremely selective. The school has become increasingly competitive over the past five years. Applicants should focus on demonstrating strong academics, meaningful extracurriculars, and authentic personal essays to stand out in the applicant pool.

How many students apply to Princeton University?

Princeton University received 39,644 applications in 2023, up 12% since 2018. High application volume means admissions officers spend limited time per application—typically 8-15 minutes. Make every word count in your essays and ensure your application materials are error-free.

Applications
Admitted

How many admitted students enroll?

The yield rate of 77% is exceptionally high for a school of this caliber. Yield rate measures how many admitted students actually enroll—a key indicator of how desirable students find the school. Demonstrating genuine interest through campus visits, attending info sessions, and writing specific "Why Us" essays can improve your chances.

What are the most popular majors at Princeton University?

Computer Science leads as the most popular major at Princeton University. Your intended major can affect admission chances—some programs are more competitive than others. Research department-specific requirements, faculty research, and career outcomes when choosing your major. Consider how your academic interests align with the school's strengths.

How have majors changed over time?

Degrees awarded by major, 2015-2023

How has tuition changed at Princeton University?

Tuition has increased by 25% since 2015. Total cost of attendance (including fees and room & board) has grown 25% from $51,280 to $63,844.

Tuition Total Cost

How much do Princeton University graduates earn by major?

Graduates in Economics earn among the highest salaries, with median earnings of $103,078 within two years of graduation. Earnings vary significantly by major—STEM and business fields typically offer higher starting salaries, while humanities and arts may have different career trajectories. Consider both passion and practical outcomes when choosing your field of study.

Economics $103,078
$10,925 $120,252
Computer Engineering $103,078
$10,925 $120,252
Public Policy Analysis $62,012
$10,925 $120,252
Political Science and Governme... $47,260
$10,925 $120,252
English Language and Literatur... $47,260
$10,925 $120,252
Sociology $44,942
$10,925 $120,252
History $43,798
$10,925 $120,252
Biochemistry, Biophysics and M... $37,568
$10,925 $120,252
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Princeton University Admissions Statistics (2018-2023)

Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.

Year Applicants Admitted Rate Yield
2023 39,644 1,782 4.5% 76.7%
2022 38,019 2,167 5.7% 69.2%
2021 37,601 1,647 4.4% 78.3%
2020 32,835 1,848 5.6% 62.5%
2019 32,804 1,895 5.8% 70.5%
2018 35,370 1,940 5.5% 69.0%
2017 31,056 1,990 6.4% 65.6%
2016 29,303 1,911 6.5% 68.3%
2015 27,290 1,948 7.1% 67.7%

Is Princeton University worth it?

Calculate your personal ROI

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Earnings & ROI Range (10yr)
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Estimates based on College Scorecard averages. Use official calculator →

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What do Princeton University graduates earn?

Median Earnings (10 years)
$110,066
Earnings Range (10th - 90th percentile)
$20,800 $110,066 median $217,200

Earnings vary widely: the bottom 10% earn $20,800 while the top 10% earn $217,200. Your outcome depends heavily on major, career path, and individual circumstances.

Median Earnings (6 years)
$87,815
Median Debt
$10,320
6-Year Graduation Rate
97.1%

How much does Princeton University cost?

The total cost of attendance at Princeton University is approximately $63,844 per year. Remember: sticker price rarely equals actual cost. Most students receive financial aid, and net price varies significantly by family income. Use the school's Net Price Calculator for a personalized estimate before ruling out any option based on cost alone.

Tuition
$48,502
0
Room & Board
$15,342
0

What You'll Actually Pay

Net price represents what families actually pay after grants and scholarships. The figures above are averages—your actual cost depends on family income, assets, and the school's aid policies. Many selective private schools are more affordable than public universities for middle and lower-income families due to generous institutional aid.

$0-30k income $2,518
$30-48k income $4,682
$48-75k income $7,652
$75-110k income $13,849
$110k+ income $39,943

Which majors pay the most?

  • Economics $103,078
  • Computer Engineering $103,078
  • Public Policy Analysis $62,012
  • Political Science and Government $47,260
  • English Language and Literature, General $47,260

Who attends Princeton University?

Princeton University enrolls 8,922 students, with 24% from outside the United States. Women make up 48% of the student body. Campus diversity enriches the educational experience through varied perspectives and backgrounds. Consider how you'll contribute to and benefit from the campus community when crafting your application.

Total Enrollment 8,922
Retention Rate 97%
International 24%
Women 48%
Race/Ethnicity
White 33%
Asian 19%
Hispanic 9%
Black 7%

How much financial aid is available?

60% of students receive some form of financial aid at Princeton University. About 19% receive Pell Grants, indicating support for low-income students. Apply for aid regardless of your family's income level—merit scholarships and institutional grants are available to students at various income levels. Never assume you won't qualify.

Receive Grants 60%
Avg: $62,593 free money/year
Pell Grant Recipients 19%
Federal aid for <$60k income families
Have Federal Loans 3%
Low debt burden
School's Own Grants 60%
Avg: $57,898 from school funds

How much do professors earn?

Faculty salaries at Princeton University are above the national average, reflecting the school's investment in attracting and retaining talented professors. Higher faculty compensation often correlates with stronger research programs, better student mentorship, and more resources for academic departments. Look for opportunities to engage with faculty through research, office hours, and smaller seminars.

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