Larger grants, smaller loans
Brown to spend $5 million on undergraduate financial aid improvements
Beginning with the Class of 2003, all students who qualify for Brown University scholarship aid will receive larger grants and smaller loans. On average, students with the greatest need will receive approximately $17,000 in additional grant support during their four years and will graduate with an estimated $7,000 in loan debt. The new policy will cost approximately $5 million when fully implemented.
PROVIDENCE, R.I. -- At its winter meeting today (Saturday, Feb. 20, 1999), the Corporation of Brown University approved a