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Brown University
For students with family incomes below $60,000 and assets less than $100,000, after a student contribution from summer earnings, the university covers the remaining student budget with grant aid and work study.| For students with family incomes below $60,000 and assets less than $100,000. . . | 2009-10 Estimated Student Budget | ||||||||||
| After a student contribution from summer earnings, the university assures enough grant aid and work study to cover these expenses |
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Total Expenses: $52,030
For all other students, after the family covers EFC (including a minimum student contribution), and the student takes out $0 to $5,000 in loans (depending on income), the university covers the remaining student budget with grant aid and work study.
| For all other students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC and the student contributes from summer earnings, the university assures enough grant aid and work study to cover these expenses |
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Total Expenses: $52,030
About the Financial Aid Pledge (2009-10):
How is EFC determined and used?
Institutional Methodology. The parental portion of EFC is waived for students with family incomes below $60,000 and assets less than $100,000. The minimum student contribution is $2,350 for freshmen.
Institutional Methodology. The parental portion of EFC is waived for students with family incomes below $60,000 and assets less than $100,000. The minimum student contribution is $2,350 for freshmen.
How much academic year work and/or need-based loans are included?
$2,500 in work-study. No loans are packaged for students with family incomes below $100,000.
For students with family incomes between $100,000 and $125,000, $3,000 in loans; for students with family incomes between $125,000 and $150,000, $4,000; for students with family incomes above $150,000, $5,000 in loans.
$2,500 in work-study. No loans are packaged for students with family incomes below $100,000.
For students with family incomes between $100,000 and $125,000, $3,000 in loans; for students with family incomes between $125,000 and $150,000, $4,000; for students with family incomes above $150,000, $5,000 in loans.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce the student contribution, then work-study and/or loans according to the student's preferences.
Outside scholarships reduce the student contribution, then work-study and/or loans according to the student's preferences.
About the Institution (2007-08):
Location: Providence, RIType: Private 4-year
Undergraduate enrollment: 6,489
Pell Grant recipients (a measure of low-income enrollment): 11%
Proportion of graduating seniors with student debt: 44%
Average debt: $19,390
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