May 2015
Dear Student and Parent/Guardian:
Welcome and congratulations to the incoming Class of 2019!
The Office of Finance and Treasury is pleased to provide you with information that we hope will assist
you with your financial transactions at Princeton University. Our office is available to help you navigate
through the various financial options available to you regarding the payment of tuition and fees. We hope
this communication answers some of your questions and directs you to helpful resources.
How do families receive the tuition bill?
Princeton University issues electronic bills to students once they enroll in our billing system called
“TigerPay”. Freshmen have an opportunity to enroll when completing the Parental Address Information
form during the online matriculation process. Once enrolled, students can invite parents and others to
view their student account billing statements and account activity online.
Note: Parents and/or guardians will not receive a bill unless their student enrolls in TigerPay and
then invites them to see their tuition bill. The best time to enroll is during the matriculation
process. However, reminder emails will be sent after matriculation. Parents may also wish to
remind their student to take this important step.
What are the 2015-2016 academic year tuition and fees?
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


Tuition
Standard Room Charge
Standard Meal Contract
College Fee
Optional Student Health Plan
$43,450
$7,920
$6,240
$775
$1,900
Other charges include class dues and the student activity fee. Freshmen are also charged a one-time
transcript fee of $75, billed in the fall semester. For their convenience, students are permitted to charge
incidental charges to their student account which will be billed monthly.
When are the semester bills due?
Semester bills are sent prior to the start of each semester. The fall semester bill is due by August 18th and
spring semester bill by January 19th.
How will charges and credits be reflected on the semester bill?
Each semester bill will reflect half of the tuition and fees, and half of any scholarship or other credits.
Financial Aid typically sends freshmen award notifications by the end of May. The Financial Aid credit
will be reflected on your bill and will reduce the amount due. If you opt for one of Princeton’s parental
loan plans, the credit for each semester will also be reflected on your bill. However, you will receive a
separate billing statement for these loan obligations.
By submitting a Scholarship Information Sheet for Non-Aid Students, students who are not recipients of
any financial aid from Princeton University can have an anticipated grant or scholarship award from an
outside organization reflected on the semester bill to reduce the amount due. A link to the form can be
found on the Undergraduate Student Accounts website: www.princeton.edu/studentaccounts. Financial
Aid recipients will receive instructions from the Undergraduate Financial Aid Office.
What are my payment options?
Princeton University offers several payment options, summarized below with links to more detailed
information. Please review the options carefully to determine which works best for your family:
1. You can pay the full amount of each semester bill when due. This semester payment plan is the
default option. From the TigerPay billing site, you can send your payment electronically or print the
remittance coupon and mail a paper check. International families can also make electronic payments
in their home currency on this site.
For additional information, visit www.princeton.edu/studentaccounts.
2. You can apply for a Monthly Payment Plan. This short-term loan program allows you to spread
tuition and fees (minus any financial aid or external scholarships) over 12-monthly installments. An
interest rate of 2.25% is assessed on the amounts disbursed each semester. The program offers a
convenient online application process and charges no application fees.
For additional information and to apply online, visit www.princeton.edu/mpp.
3. You can apply for a Princeton Parent Loan. This long-term loan program allows creditworthy
applicants the option of spreading the cost of attendance over 14 years. Parents can select either a
fixed or variable interest rate, which historically has been set below current market rates. The
program offers a convenient online application process and charges no application fees.
For additional information and to apply online, visit www.princeton.edu/parentloans.
Optional Tuition Insurance. A private insurance program that supplements the University’s published
refund policy is offered to Princeton students. A direct mailing about the Tuition Refund Plan (TRP) will
be sent to your home by the firm administering the program during the month of August. Participation in
the plan is completely optional and the University’s refund policy is applicable whether or not you enroll
in the TRP. Information about the current year’s program can be found at
http://finance.princeton.edu/tuitionrefundplan.
Office of Finance and Treasury – Quick Reference of Important Dates
June
6/1
6/1
6/30
July
7/15
7/15
August
8/1
8/1
8/18
January
1/2
1/19
Start of Parent Loan Application Period
Start of Monthly Payment Plan Application Period
End of Parent Loan Application Period
Deadline for submitting Outside Scholarship Information form for Non-Aid Students
End of Monthly Payment Plan Application Period
Fall Semester Bill Issued
Optional Tuition Insurance Mailed
Fall Semester Bill Due
Spring Semester Bill Issued
Spring Semester Bill Due
Office
Student Accounts
Office of Finance and Treasury – Contact Information
Office Contact
Where to find more information
(609) 258-6378
Tuition Billing and TigerPay:
studacct@princeton.edu www.princeton.edu/studentaccounts
Monthly Payment Plan
Parent Loans
Risk Management
Financial Services Center
(609) 258-6378
studacct@princeton.edu
(609) 258-6401
puloans@princeton.edu
(609) 258-3349
hmcginn@princeton.edu
(609) 258-3080
finance@princeton.edu
Loan Program and Application:
www.princeton.edu/mpp
Loan Program and Application:
www.princeton.edu/parentloans
Tuition Insurance:
www.princeton.edu/tuitionrefundplan
General questions regarding Finance
and Treasury activities
We wish you a most successful and enjoyable year and encourage you to visit the referenced websites.
For future reference, a link to this letter can be found on the Student Accounts website. If you have any
questions or need to discuss your payment options, please feel free to contact our office.
Sincerely,
Maria L. Bizzarri
Bursar and Director of Loans and Receivables