Princeton University trustees Jan. 31 approved the University’s operating budget for 2015-16, which includes a 7.4 percent increase to $140.2 million in the undergraduate financial aid budget for next year. The University’s pioneering financial aid program provides the assistance necessary to make sure that any student who is admitted and needs financial aid can attend. The aid comes in the form of grants, which do not need to be repaid.

Read more about the financial aid budget