Principia College:
Financial Aid
Frequently Asked Question (FAQ)
Financial Aid

Q: What does it cost to go to Principia College?
A: Tuition, room and board, and activity fees costs for 2007-2008 are approximately $30,225 . See the financial aid page for a breakdown of annual costs.
Q: Does Principia accept payment from 529 Savings Plans?
A: Yes, currently Principia College is eligible to accept funds from 529 savings plans. Named after the federal Internal Revenue Code Section 529 that gave these accounts special tax status, 529 Plans were specifically created for college savings. Principia’s Title IV code is 001744.

Q: What percentage of Principia students receive financial aid?
A: About 75-80 percent of all students attending Principia College received grants and loans from Principia.

Q: When should I apply for financial aid?
A: Principia College processes financial aid applications on a rolling basis. To insure a timely response, your aid application should be mailed at approximately the same time your admissions application is mailed to Principia. To be considered for all possible aid sources, your application should be submitted not later than April 15.

Q: What applications do I have to complete to be considered for financial aid?
A: Principia requires all aid applicants to complete the College Scholarship Service (CSS) PROFILE Application and the Principia College Application for Financial Aid. Information about these applications is available online.

Q: When will I be notified about my financial aid application?
A: Once you are admitted and you have submitted all financial aid papers, you will hear from the Financial Aid Office as soon as possible. Don't forget to have your parents send us their most recent Federal tax returns (Form 1040) along with your Principia Financial Aid application.

Q: Does Principia require the Free Application for Federal Student Aid (FAFSA)?
A: Since Principia does not participate in any of the Federal student aid programs, the FAFSA is not required. Eligibility for a Federal Pell Grant or Stafford Loan can be determined by information submitted on the PROFILE Application. If you qualify for either of these Federal programs, Principia will provide you with an award from private institutional (Principia) funds instead of from Federal funds.

Q: How can I obtain a CSS PROFILE Application?
A: You can register for one at www.collegeboard.org or by calling toll free at 800-778-6888.