The College admits undergraduates to read most subjects, though its largest subjects are those in which it has a number of Teaching Fellows - History, Natural Sciences, Engineering, English, Law, Medicine and Mathematics. The College has no fixed quotas of any kind. Peterhouse provides its own accommodation for all its members. All undergraduates live in College itself for two years, including the first year, and some live in for three years. Those who cannot live in are mostly accommodated in neighbouring hostels and flats.
Undergraduates run a wide range of different clubs - dramatic, cultural, sporting and convivial.
Facilities for music are good, with the theatre, a rehearsal room and a separate room for recitals. There is a squash court and a multi-gym within the grounds, and the College shares large playing fields with Clare College, and has its own boathouse. The computer-room network, which extends to all rooms in College, can access the Internet. The College awards annually about thirty travel grants to enable undergraduates to travel abroad during the vacations. The most distinctive feature of the College's admissions policy is its aim to keep the ratio of offers to places as low as possible.