Anonymous wrote:If I apply as Pell Grant eligible, does this increase my chances of admission?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Ironically Princeton will now be "need aware" as it has to make sure it doesn't take too many full pay kids.
Sorry - too rich - we don't want you. You'll trigger the tax. Or "we have too many full pay kids - here's a full scholarship you don't really need. Congratulations!"
The rich are still very overrepresented at Princeton, just a bit less than at Harvard and Yale. Need-blind has never existed anyway.
Of course, at any point, Princeton could dole out dollars not on the basis of need. Or make the school free for anyone making under $500,000 year. The possibilities are endless.
I don't think the rich are over-represented at all. Compared to the past, there are many more kids on aid. This is a university, not a charity. Personally I think a lot of the top schools have gone overboard tripping over themselves to admit FGLI kids.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Ironically Princeton will now be "need aware" as it has to make sure it doesn't take too many full pay kids.
Sorry - too rich - we don't want you. You'll trigger the tax. Or "we have too many full pay kids - here's a full scholarship you don't really need. Congratulations!"
The rich are still very overrepresented at Princeton, just a bit less than at Harvard and Yale. Need-blind has never existed anyway.
Of course, at any point, Princeton could dole out dollars not on the basis of need. Or make the school free for anyone making under $500,000 year. The possibilities are endless.
I don't think the rich are over-represented at all. Compared to the past, there are many more kids on aid. This is a university, not a charity. Personally I think a lot of the top schools have gone overboard tripping over themselves to admit FGLI kids.
Anonymous wrote:Anonymous wrote:Ironically Princeton will now be "need aware" as it has to make sure it doesn't take too many full pay kids.
Sorry - too rich - we don't want you. You'll trigger the tax. Or "we have too many full pay kids - here's a full scholarship you don't really need. Congratulations!"
The rich are still very overrepresented at Princeton, just a bit less than at Harvard and Yale. Need-blind has never existed anyway.
Of course, at any point, Princeton could dole out dollars not on the basis of need. Or make the school free for anyone making under $500,000 year. The possibilities are endless.
Anonymous wrote:Ironically Princeton will now be "need aware" as it has to make sure it doesn't take too many full pay kids.
Sorry - too rich - we don't want you. You'll trigger the tax. Or "we have too many full pay kids - here's a full scholarship you don't really need. Congratulations!"
Anonymous wrote:Anonymous wrote:Using this loophole, Princeton’s tax savings are basically equal to its total financial aid expenditures. So in effect, the U.S. taxpayers are now funding the tuition of over half of the Princeton student body.
With a tax they have never collected before
Anonymous wrote:Using this loophole, Princeton’s tax savings are basically equal to its total financial aid expenditures. So in effect, the U.S. taxpayers are now funding the tuition of over half of the Princeton student body.
Anonymous wrote:Brilliant and well-played. Curious how it'll work out for the other 10 or so schools hit with the endowment tax.
https://www.dailyprincetonian.com/article/2026/05/princeton-news-adpol-university-spared-endowment-tax-financial-aid-millions-princo
Anonymous wrote:It’s very clever, but when my child was looking at Princeton, I did think about what it would be like to pay full tuition at a place where the majority of classmates are paying little or nothing. I’m glad for them but schools with less generous policies (Yale) do feel fairer to payers like me who aren’t rich. Which is not something I’d thought about before.