Princeton University

Doctoral Universities

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2016 Undergraduate Tuition

$45,300

4.26% growth from 2015

2016 Average Net Price

$17,732

After Financial Aid

2015 Student Loan

3.57%

Default Rate

2016 Acceptance Rate

6.52%

29,303 Applicants

2016 Enrolled Students

8,181

98.2% Full-Time

2016 Graduation Rate

97.5%

1,278 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Princeton University is a higher education institution located in Mercer County, NJ. In 2016, the most popular Bachelor's Degree concentrations at Princeton University were General Public Policy Analysis (141 degrees awarded), General Economics (115 degrees), and General Computer Engineering (112 degrees).

In 2016, 2,213 degrees were awarded across all undergraduate and graduate programs at Princeton University. 44.6% of these degrees were awarded to women, and 55.4% awarded men. The majority of degree recipients were white (952 degrees), 2.8 times more than then the next closest race/ethnicity group, asian (340 degrees).

The median undergraduate tuition at Princeton University is $45,300, which is $19,444 more than the national average for Doctoral Universities ($25,856).

Photo by Alexander Day

Doctoral Universities: Highest Research ActivityDoctoral Universities

Costs

The median undergraduate tuition at Princeton University is $45,300, which is $19,444 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $17,732.

In 2016, 58% of undergraduate students received federal grants, while 5% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$45,300

2016 Undergraduate Tuition

In 2016, the cost of tuition at Princeton University was $45,300. The cost of tuition at Princeton University is $19,444 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

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Average Net Price

$17,732

2016 Value

0.944%

1 Year Growth

In 2016 Princeton University had an average net price — the price paid after factoring in grants and loans — of $17,732. Between 2015 and 2016, the average net price of Princeton University grew by 0.944%.

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

$14,160

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Princeton University was of $14,160 in 2016. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board increased by 3.96% between 2015 and 2016. 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

Financial Aid by Income Level

58%

Of Undergraduates Receive Grants

5%

Of Undergraduates Receive Federal Loans

58% of undergraduate students at Princeton University received grants or loans in 2016. This represents a growth of 0% with respect to 2015, when 58% 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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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

3.57%

2015 Default Rate

4

Number of Defaults

In 2015 the default rate for borrower's at Princeton University was 3.57%, which represents 4 out of the 112 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Princeton University received 29,303 undergraduate applications in 2016, which represents a 7.38% annual growth. Out of those 29,303 applicants, 1,911 students were accepted for enrollment, representing a 6.52% acceptance rate.

There were 8,181 students enrolled at Princeton University in 2016, and 73% of first-time enrollees submitted SAT scores with their applications.

Princeton University has an overall enrollment yield of 68.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

6.52%

Acceptance Rate in 2016

1,911

Accepted Out of 29,303

In 2016, the undergraduate acceptance rate of Princeton University was 6.52% (1,911 admissions from 29,303 applications). This is lower than the acceptance rate of 2015, which was 7.14%. Between 2015 and 2016, the number of applicants grew by 7.38%, while admissions declined by -1.9%.

This chart compares the acceptance rate of Princeton University (in red) with that of other similar universities.

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SAT Scores

73%

Submission Percentage

948

Scores Submitted

73% of enrolled first-time students at Princeton University in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Princeton University has a total enrollment of 8,181 students. The full-time enrollment at Princeton University is 8,032 students and the part-time enrollment is 149. This means that 98.2% of students enrolled at Princeton University are enrolled full-time.

The enrolled student population at Princeton University, both undergraduate and graduate, is 40.5% White, 16.1% Asian, 7.98% Hispanic or Latino, 6.06% Black or African American, 3.14% Two or More Races, 0.122% American Indian or Alaska Native, and 0.0978% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Princeton University in full-time Undergraduate programs are majority White Male (23.7%), followed by White Female (19.8%) and Asian Female (11%). Students enrolled in full-time Graduate programs are majority White Male (21.1%), followed by White Female (15.2%) and Asian Female (3.63%).

Full-Time vs Part-Time Enrollment

98.2%

Full-Time Enrollment

The total enrollment at Princeton University, both undergraduate and graduate, is 8,181 students. The full-time enrollment at Princeton University is 8,032 and the part-time enrollment is 149. This means that 98.2% 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%

2016 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 (83%), 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

  1. White

    3,317

  2. Asian

    1,320

  3. Hispanic or Latino

    653

The enrolled student population at Princeton University is 40.5% White, 16.1% Asian, 7.98% Hispanic or Latino, 6.06% Black or African American, 3.14% Two or More Races, 0.122% American Indian or Alaska Native, and 0.0978% 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 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 294 students (3.59%) did not report their race.

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Graduates

In 2016, 239 fewer women than men received degrees from Princeton University. The majority of degree recipients at Princeton University are white (952 degrees awarded). There were 2.8 times more white graduates than the next closest race/ethnicity group, asian (340 degrees).

The most common Bachelor's Degree concentration at Princeton University is General Public Policy Analysis (141 degrees awarded), followed by General Economics (115 degrees) and General Computer Engineering (112 degrees).

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 (214 degrees awarded), History (131 degrees), and Philosophy and Religious Studies (53 degrees).

Workforce

Common Jobs by Major

Miscellaneous managers

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 Miscellaneous managers (465,446 people), Software developers, applications & systems software (381,137 people), Miscellaneous engineers, including nuclear engineers (316,400 people), Civil engineers (235,574 people), and Postsecondary teachers (219,200 people).

The most specialized majors at Princeton University are Physical Sciences (214 degrees awarded), History (131 degrees), Philosophy and Religious Studies (53 degrees), Cultural & Gender Studies (44 degrees), and Engineering (538 degrees).

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Highest Paying Jobs by Major

Physicians & surgeons

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 Physicians & surgeons, Economists, Chief executives & legislators, Securities, commodities, & financial services sales agents, and Dentists

The most specialized majors at Princeton University are Physical Sciences (214 degrees awarded), History (131 degrees), Philosophy and Religious Studies (53 degrees), Cultural & Gender Studies (44 degrees), and Engineering (538 degrees).

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Common Industries by Major

Computer Systems Design

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 Computer Systems Design (436,584 people), Architectural, engineering & related services (430,511 people), Colleges, universities & professional schools, including junior colleges (379,294 people), Elementary & secondary schools (279,943 people), and Construction (263,017 people).

The most specialized majors at Princeton University are Physical Sciences (214 degrees awarded), History (131 degrees), Philosophy and Religious Studies (53 degrees), Cultural & Gender Studies (44 degrees), and Engineering (538 degrees).

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Degrees

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

  1. General Public Policy Analysis

    141 degrees awarded

  2. General Economics

    115 degrees awarded

  3. General Computer Engineering

    112 degrees awarded

In 2016, the most common bachelors degree concentration at Princeton University was General Public Policy Analysis with 141 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,226

  2. 987

In 2016, 1,226 degrees were awarded to men at Princeton University, which is 1.24 times more than the number of degrees awarded to females (987).

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

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Most Common Male Majors

In 2016, 124 degrees were awarded to men at Princeton University in General Computer Engineering, which is 3.54 times more than the 35 female recipients with that same degree.

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Most Common Female Majors

In 2016, 113 degrees were awarded to women at Princeton University in General Public Policy Analysis, which is 0.974 times less than the 116 male recipients with that same degree.

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Time to Complete

90%

100% Completion Time

97%

150% Completion Time

In 2016, 90% of students graduating from Princeton University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 97% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Princeton University is Male and Two or More Races (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 2.58% of graduates (33 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    952 degrees awarded

  2. Asian

    340 degrees awarded

  3. Hispanic or Latino

    136 degrees awarded

The most common race/ethnicity at Princeton University is white (952 degrees awarded). There were 2.8 times more white recipients than the next closest race/ethnicity group, asian (340 degrees).

3.71% of degree recipients (82 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    543 degrees awarded

  2. White Female

    409 degrees awarded

  3. Asian Female

    183 degrees awarded

The most common race/ethnicity and gender grouping at Princeton University is white male (543 degrees awarded). There were 1.33 times more white male recipients than the next closest race/ethnicity group, white female (409 degrees).

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Operations

Princeton University has an endowment valued at nearly $22.3B, as of the end of the 2015 fiscal year. The return on its endowment was of $2.51B (11.2%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Princeton University had a total expenditure of $1.54B. Of that $1.54B, they spent $623M on salaries and $1.54B on benefits.

Princeton University employs 476 Professors, 178 Assistant professors, and 154 Lecturers. Most academics at Princeton University are Male Professors (361), Female Professors(115), and Male Assistant professors (109).

The most common positions for non-instructional staff at Princeton University are: Computer, Engineering, and Science, with 1262 employees, Office and Administrative Support, with 877 employees, and Service with 675 employees.

Finances

Endowment

$22.3B

2015 Endowment

8.33%

growth from 2014

Princeton University has an endowment valued at about $22.3B, as of the end of the 2015 fiscal year. The endowment of Princeton University grew 8.33% from the previous year. The value of their endowment was $22B 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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Government Grants and Contracts

Grants & Contracts

  1. $155M - Federal

  2. $909k - State

  3. $0 - Local

As of 2015, Princeton University received $155M in grants and contracts from the federal government, $909k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$623M

Salary Expenditure

$1.54B

Benefits Expenditure

In 2015, Princeton University had a total expenditure of $1.54B. Of that $1.54B, they spent $623M on salaries and $1.54B on benefits.

The bar chart shows the share of the primary expenses at Princeton University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Princeton University as a share of total expenditure.

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Salary Expenditure

$623M

2015 Salaries

3.4%

growth from 2014

In 2015, Princeton University paid a median of $623M in salaries, which represents 40.4% of their overall expenditure ($1.54B) and a 3.4% growth from the previous year. This is compared to a 8.77% growth from 2013 and a 0.554% growth from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$154M

Instructional Salaries

921

Number of Employees

In 2015, Princeton University paid a total of $154M to 921 employees working as instructors, which represents 24.7% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

476 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

1262 Employees

In 2016, the most common positions for instructional staff at Princeton University were Professor with 476 employees; Assistant professor with 178 employees; and Assistant professor with 154 employees.

In 2016, the most common positions for non-instructional staff at Princeton University were Computer, Engineering, and Science with 1,262 employees; Office and Administrative Support with 877 employees; and Service with 675 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Princeton University was Male Professor with 361 employees, Female Professor with 115 employees, and Male Assistant professor with 109 employees.

This chart shows the gender split between each academic rank present at Princeton University.

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