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Endowment Tax - 3

Princeton spared from endowment tax, PRINCO executive says, saving hundreds of millions

The University’s expanded financial aid program has brought its number of tuition-paying students below the threshold for a new 8 percent federal tax on the wealthiest university endowments enacted by Congress in July. Princeton was predicted to lose roughly $180 million annually on its investment income under the tax, which peer institutions are gearing up to pay.

The University’s expanded financial aid program has brought its number of tuition-paying students below the threshold for a new 8 percent federal tax on the wealthiest university endowments enacted by Congress in July. Princeton was predicted to lose roughly $180 million annually on its investment income under the tax, which peer institutions are gearing up to pay.


A picture of a computer displaying an error message.

Princeton Canvas operational again after data breach-related outage

Princeton’s course-management platform Canvas briefly went dark Thursday afternoon after the cybercriminal group ShinyHunters claimed to have hacked Instructure, which runs Canvas. Access was restored late Thursday night.

Princeton’s course-management platform Canvas briefly went dark Thursday afternoon after the cybercriminal group ShinyHunters claimed to have hacked Instructure, which runs Canvas. Access was restored late Thursday night.


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Fire in Wendell kitchen extinguished by student after smoke filled building

A kitchen fire in Wendell Hall on Saturday night filled the building with smoke before a student used a fire extinguisher to put it out. Firefighters later arrived, cleared the smoke, and assessed damage, temporarily displacing at least one student whose room was affected.

A kitchen fire in Wendell Hall on Saturday night filled the building with smoke before a student used a fire extinguisher to put it out. Firefighters later arrived, cleared the smoke, and assessed damage, temporarily displacing at least one student whose room was affected.


A copper structure in front of a building, with the words “School of Engineering and Applied Sciences,” on a cloudy day.

B.S.E. major declaration pushed to sophomore fall, starting with Class of 2030

The new policy, which will delay the B.S.E. declaration timeline by a semester, marks a significant shift in the undergraduate engineering program and will provide students with additional time to solidify academic plans.

The new policy, which will delay the B.S.E. declaration timeline by a semester, marks a significant shift in the undergraduate engineering program and will provide students with additional time to solidify academic plans.


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Driver who struck undergraduate cyclist identified as U. employee

An undergraduate cyclist was struck and trapped beneath a vehicle driven by a University employee on Elm Drive late Tuesday night. The student was hospitalized in stable condition, and the driver received a citation.

An undergraduate cyclist was struck and trapped beneath a vehicle driven by a University employee on Elm Drive late Tuesday night. The student was hospitalized in stable condition, and the driver received a citation.


A man stands at a podium and speaks into a microphone.

Department of Defense to stop funding active-duty graduate sponsorship at Princeton

Secretary of Defense Pete Hegseth ’03 announced that the U.S. Department of Defense will end sponsorship of active-duty military students in graduate programs at Princeton University and other Ivy League institutions beginning in the 2026–27 academic year.

Secretary of Defense Pete Hegseth ’03 announced that the U.S. Department of Defense will end sponsorship of active-duty military students in graduate programs at Princeton University and other Ivy League institutions beginning in the 2026–27 academic year.


A long, blank, aisle with a white tile floor is the focus of the center of this photo, with a small black stool midway. Multicolored books in a blur line the sides.

As peer institutions consider changes, ‘no plans’ to cap A grades at Princeton

Despite A-range grades rising to 66.7 percent, the University has no plans to implement new grade caps or transcript changes. Dean of the College Michael Gordin confirmed that the University is not considering adjustments to grading policies, diverging from peer institutions such as Harvard and Yale.

Despite A-range grades rising to 66.7 percent, the University has no plans to implement new grade caps or transcript changes. Dean of the College Michael Gordin confirmed that the University is not considering adjustments to grading policies, diverging from peer institutions such as Harvard and Yale.


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