Princeton University

www.princeton.edu

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2024 Undergraduate Tuition
$62,400
4.51% growth from 2023
2024 Average Net Price
$15,313
After Financial Aid
2024 Acceptance Rate
4.62%
40,468 Applicants
2024 Enrolled Students
9,137
99% Full-Time
2024 Graduation Rate
97.6%
1,306 Graduates

About

Princeton University is a higher education institution located in Mercer County, NJ. In 2024, the most popular Bachelors Degree concentrations at Princeton University were Computer Science (213 degrees awarded), General Public Policy Analysis (130 degrees), and Econometrics & Quantitative Economics (124 degrees).

In 2024, 2,382 degrees were awarded across all undergraduate and graduate programs at Princeton University. 47.6% of these degrees were awarded to women, and 52.4% awarded men. The most common race/ethnicity group of degree recipients was white (858 degrees), 1.99 times more than then the next closest race/ethnicity group, asian (431 degrees).

The median undergraduate tuition at Princeton University is $62,400, which is $30,548 more than the national average for Doctoral Universities ($31,852).

Photo by Alexander Day
Doctoral Universities: Highest Research ActivityDoctoral Universities

Costs

In 2024, the median undergraduate tuition at Princeton University is $62,400, which is $30,548 more than the national average for Doctoral Universities ($31,852).

After taking grants and loans into account, the average net price for students is $15,313.

In 2024, 63% of undergraduate students attending Princeton University received financial aid through grants. Comparatively, 2% of undergraduate students received financial aid through loans.

Tuition Costs

$62,400
2024 Undergraduate Tuition

In 2024, the cost of tuition at Princeton University was $62,400. The cost of tuition at Princeton University is $30,548 more than than the overall (public and private) national average for Doctoral Universities ($31,852).

This chart compares the tuition costs of Princeton University (in red) with those of other similar universities.

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Average Net Price

$15,313
2024 Value
22.7%
1 Year Growth

In 2024 Princeton University had an average net price — the price paid after factoring in grants and loans — of $15,313. Between 2023 and 2024, the average net price of Princeton University grew by 22.7%.

This chart compares the average net price of Princeton University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$19,380
Room and Board
$1,050
Books and Supplies

The average yearly cost of room and board at Princeton University was of $19,380 in 2024. The cost of room and board increased by 4.03% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,050. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Princeton University (in red) with that of similar universities.

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Financial Aid by Income Level

63%
Undergraduates Receiving Financial Aid through Grants
2%
Undergraduates Receiving Financial Aid through Loans

63% of undergraduate students at Princeton University received financial aid through grants or loans in 2024. This represents a growth of 5% with respect to 2023, when 60% of undergraduate students received financial aid.

This chart compares the average award discount at Princeton University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Admissions

Princeton University received 40,468 undergraduate applications in 2024, which represents a 2.08% annual growth. Out of those 40,468 applicants, 1,868 students were accepted for enrollment, representing a 4.62% acceptance rate.

There were 9,137 students enrolled at Princeton University in 2024. 56% of first-time enrollees submitted SAT scores with their applications.

Princeton University has an overall enrollment yield of 75.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

4.62%
Acceptance Rate in 2024
1,868
Accepted Out of 40,468

In 2024, the undergraduate acceptance rate of Princeton University was 4.62% (1,868 admissions from 40,468 applications). This is higher than the acceptance rate of 2023, which was 4.5%. Between 2023 and 2024, the number of applicants grew by 2.08%, while admissions grew by 4.83%.

This chart compares the acceptance rate of Princeton University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

56%
Submission Percentage (2024)
783
Scores Submitted (2024)

56% of enrolled first-time students at Princeton University in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Princeton University had a total enrollment of 9,137 students in 2024. The full-time enrollment at Princeton University is 9,047 students and the part-time enrollment is 90. This means that 99% of students enrolled at Princeton University are enrolled full-time.

The enrolled student population at Princeton University, both undergraduate and graduate, is 31.1% White, 18.7% Asian, 8.7% Hispanic or Latino, 6.71% Black or African American, 5.72% Two or More Races, 0.109% American Indian or Alaska Native, and 0.0328% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Princeton University in full-time Undergraduate programs are most commonly White Male (18.4%), followed by White Female (16.3%) and Asian Female (12.2%). Students enrolled in full-time Graduate programs are most commonly White Male (15.1%), followed by White Female (12.5%) and Asian Female (5.51%).

Full-Time vs Part-Time Enrollment

99%
Full-Time Enrollment

The total enrollment at Princeton University in 2024, both undergraduate and graduate, is 9,137 students. The full-time enrollment at Princeton University is 9,047 and the part-time enrollment is 90. This means that 99% of students enrolled at Princeton University are enrolled full-time compared with 78.1% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Princeton University (in red) compares to similar universities.

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Retention Rate over Time

98%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Princeton University was 98%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Princeton University had a retention rate higher than its peers.

This chart shows the retention rate over time at Princeton University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    2,839 enrolled students
  2. Asian
    1,705 enrolled students
  3. Hispanic or Latino
    795 enrolled students

The enrolled student population at Princeton University is 31.1% White, 18.7% Asian, 8.7% Hispanic or Latino, 6.71% Black or African American, 5.72% Two or More Races, 0.109% American Indian or Alaska Native, and 0.0328% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 45.5% White, 16.4% Hispanic or Latino, and 10% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 413 students (4.52%) did not report their race.

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Graduates

In 2024, 112 fewer women than men received degrees from Princeton University. The most common race/ethnicity group of degree recipients at Princeton University is white (858 degrees awarded). There were 1.99 times more white recipients than the next closest race/ethnicity group, asian (431 degrees).

The most common Bachelor's Degree concentration at Princeton University is Computer Science (213 degrees awarded), followed by General Public Policy Analysis (130 degrees) and Econometrics & Quantitative Economics (124 degrees).

In 2024,  the most specialized majors across all degree types at Princeton University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Physical Sciences (221 degrees awarded), Cultural & Gender Studies (52 degrees), and Language & Linguistics (96 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Princeton University are Lawyers, & judges, magistrates, & other judicial workers (163,050 people), Postsecondary teachers (150,667 people), Other managers (146,064 people), Elementary & middle school teachers (120,496 people), and Secondary school teachers (108,154 people).

The most specialized majors at Princeton University in 2024 are Physical Sciences (221 degrees awarded), Cultural & Gender Studies (52 degrees), Language & Linguistics (96 degrees), History (96 degrees), and Philosophy and Religious Studies (56 degrees) (as of 2024).

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Highest Paying Jobs by Major

Magnetic resonance imaging technologists
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Princeton University are Magnetic resonance imaging technologists, Surgeons, Diagnostic medical sonographers, Logisticians, and Economists

The most specialized majors at Princeton University are Physical Sciences (221 degrees awarded), Cultural & Gender Studies (52 degrees), Language & Linguistics (96 degrees), History (96 degrees), and Philosophy and Religious Studies (56 degrees) (as of 2024).

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Common Industries by Major

Elementary & secondary schools
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Princeton University are Elementary & secondary schools (319,806 people), Colleges, universities & professional schools, including junior colleges (298,246 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (133,222 people), Computer Systems Design (128,128 people), and Legal services (126,856 people).

The most specialized majors at Princeton University are Physical Sciences (221 degrees awarded), Cultural & Gender Studies (52 degrees), Language & Linguistics (96 degrees), History (96 degrees), and Philosophy and Religious Studies (56 degrees) (as of 2024).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Princeton University.
Most Common (2024)
  1. Computer Science
    213 degrees awarded
  2. General Public Policy Analysis
    130 degrees awarded
  3. Econometrics & Quantitative Economics
    124 degrees awarded

In 2024, the most common bachelors degree concentration at Princeton University was Computer Science with 213 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Princeton University according to their major.

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Sex Breakdown for Common Majors

1,247
Degrees Awarded to Men
in 2024
1,135
Degrees Awarded to Women
in 2024

In 2024, 1,247 degrees were awarded to men at Princeton University, which is 1.1 times more than the number of degrees awarded to females (1,135).

This chart displays the sex disparity between the top 5 majors at Princeton University by degrees awarded.

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Most Common Male Majors

In 2024, 183 degrees were awarded to men at Princeton University in Computer Science, which is 1.56 times more than the 117 female recipients with that same degree.

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Most Common Female Majors

In 2024, 140 degrees were awarded to men at Princeton University in General Public Policy Analysis, which is 1.61 times more than the 87 male recipients with that same degree.

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Time to Complete

88%
100% Completion Time
98%
150% Completion Time

In 2024, 88% of students graduating from Princeton University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 98% completed their degrees within 150% of the normal time, and 98% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2024 at Princeton University is Female and Hispanic or Latino (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.54% of graduates (20 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    858 degrees awarded
  2. Asian
    431 degrees awarded
  3. Hispanic or Latino
    195 degrees awarded

The most common race/ethnicity at Princeton University is white (858 degrees awarded). There were 1.99 times more white recipients than the next closest race/ethnicity group, asian (431 degrees).

2.35% of degree recipients (56 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Male
    448 degrees awarded
  2. White Female
    410 degrees awarded
  3. Asian Female
    217 degrees awarded

The most common race/ethnicity and sex grouping at Princeton University is white male (448 degrees awarded). There were 1.09 times more white male recipients than the next closest race/ethnicity group, white female (410 degrees).

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Operations

Princeton University has an endowment valued at nearly $33.4B, as of the end of the 2024 fiscal year. The return on its endowment was of 1.39B (4.15%) compared to the 7.99% average return (38.5M on 482M) across all Doctoral Universities.

In 2024, Princeton University had a total salary expenditure of 2.47B. Princeton University employs 533 Professors, 223 Lecturers and 178 Assistant professors. Most academics at Princeton University are Male Professor (378), Female Professor (155), and Female Lecturer (128).

The most common positions for non-instructional staff at Princeton University are: Computer, Engineering, and Science, with 1,825 employees, Office and Administrative Support, with 1,126 employees, and Management with 985 employees.

Endowment

$33.4B
2024 Endowment
0.0629%
growth from 2023

Princeton University has an endowment valued at about $33.4B, as of the end of the 2024 fiscal year. The endowment of Princeton University grew 0.0629% from the previous year. The value of their endowment was $32.9B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Princeton University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

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Salary Expenditure

$982M
2024 Salaries
0%
growth from 2023

In 2024, Princeton University paid a median of $982M in salaries, which represents 39.8% of their overall expenditure ($2.47B) and a 0% growth from the previous year.

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Instructional Salaries

$246M
Instructional Salaries
1,076
Number of Employees

In 2024, Princeton University paid a total of $246M to 1,076 employees working as instructors, which represents 25% of all salaries paid.

This is compared to a median of $6.16M (2.17%) for similar Doctoral Universities.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Princeton University were Computer, Engineering, and Science with 1,825 employees, Office and Administrative Support with 1,126 employees, and Management with 985 employees.

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