Student Loans for Brown Students

About Brown Financial Aid Program

The cost of attendance at Brown easily exceeds $56,000 when tuition, room and board, textbooks, educational materials, and other personal expenses are factored in. Most families are not in a position to pay such a bill for four years, but Brown is committed to bringing in exceptional students from all socioeconomic backgrounds: as a result, the Brown Financial Aid program is quite strong. In fact, the Brown Financial Aid program boasts some financial aid initiatives unique to their university. Students coming from families with total parent earnings less than $60,000 and assets greater than $100,000 have a significantly reduced contribution to tuition. Families with total earnings less than $60,000 and assets less than $100,000 are not required to make a contribution to the cost of education. Families with total income less than $100,000 do not have a loan component in their Brown Financial Aid awards, and students with family earnings above $100,000 have moderate loans, ranging form $3,000 to $5,000 depending on the total family income level. As you can see, the Brown Financial Aid program is committed to making college more affordable for all students who are qualified to attend Brown.

Applying for Brown Financial Aid, as with any school, requires careful preparation and planning. You should speak to the Brown Financial Aid office about any grants and/or scholarships you might be eligible for, and after you do so, you should fill out and submit the Free Application for Federal Student Aid (FAFSA) and the CSS/PROFILE form right away. These will enable the Brown Financial Aid office to evaluate your financial need and to offer you an appropriate aid package. Once you submit the two forms, your application process will be complete, and you will receive a financial aid package some time thereafter.

Packages

The largest component of Brown Financial Aid packages tends to be university grants, which are ‘free money’ awards that do not need to be repaid. All students who receive Brown University Financial Aid are able, encouraged, and helped to use outside scholarships to eliminate all of the student-effort components in their Brown financial aid awards, including the summer savings expectation. The very few students who may need student loans to attend Brown should exhaust all federal aid options first, and if a financial gap somehow remains, private student loans are a good final source of funding. To find, compare, and apply for private student loans for Brown, just use our Student Loan Comparison Tool above.

Frequently Asked Questions

Q:What are the chances I receive Brown University financial aid?

A:The Brown University financial aid program offers federal, institutional, and private assistance options. It focuses on giving out free money awards, meaning grants or scholarships, to most students who demonstrate financial need. Few schools have adopted such initiatives as the Brown University financial aid program has: it focuses on providing as much ‘free money’ aid as possible to students, meaning grants and scholarships. Therefore, if you are facing serious financial constraints, chances are you will qualify for Brown University grant program and get free of cost education.

Q:What costs should I include in my cost of attendance estimate when applying for Brown financial aid?

A:Students interested in applying for financial aid at Brown University are recommended to estimate the cost of their attendance first. Costs that need to be included are tuition, miscellaneous fees, room & board expenses, books & supplies, and personal expenses. Students are also advised to include transportation costs if they are living off campus. The current rates for all of these costs are available on the Brown University financial aid webpage.

Q:How can I apply for Brown University financial aid?

A:Applying for financial aid at Brown University is a three step process. In the first step, you are required to fill out the CSS Profile and Noncustodial Parent’s Profile (only if your parents are divorced, separated or never married). For the second step, you must out Free Application for Federal Student Aid (FAFSA) and submit it before the deadline. Third, you might be asked to produce some additional documents, such as tax returns.

 

Pay for Brown University*

Total Avg. Cost $54,370
Tuition $38,048
Room & Board $10,280
Financial Aid Information
Students Receiving Fin Aid 61%
Typical Grant Amounts
State/Local $1,078
Federal $4,464
%Receiving Loans 23%
Avg. Other Stud. Loans $17,032
%Receiving Other Loans 4%

Get into Brown University

Admission Rate 9%
Total Enrollment 6,004
Men 48%
Women 52%
Graduation Rate 95%
Application Fee $75

Contact Brown University

Address
One Prospect Street
Providence, RI 02912(401) 863-1000
Financial Aid Office URL
http://www.brown.edu/about/administration/financial-aid/
Admissions Office URL
http://www.brown.edu/admission/undergraduate/

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 

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