The Office of Financial Aid determines your financial need upon review of your financial aid application. Financial need is determined by subtracting the calculated family contribution from the cost of attending Brown.

Cost of Attendance(COA) - Expected Family Contribution (EFC) = Financial Need

The EFC is composed of (1) the Student Contribution from Summer Earnings, (2) the Student Contribution from Assets, and (3) the Parent Contribution. The Student Contribution from Summer Earnings is a standard amount that is evaluated each year. All students at Brown are expected to contribute from their summer income to defray the costs of their education. The Student Contribution from Assets and the Parent Contribution are the result of a series of calculations explained in the Needs Analysis section on our web site.

Let's assume the following:

Cost of Attendance $62,694
Student Contribution from Summer Earnings    -$3,050 
Student Contribution from Assets -$500 
Parent Contribution -$21,000 
Financial Need $38,144

Once our office has determined the level of financial need, we create a financial aid package. A package is created in this order:

  • State and/or Federal Grants
  • Standard amount of loan and work-study/campus employment (see Student Effort Levels for details)
  • Remaining need in University Scholarship

Using our sample student above, examples of awards based on the student’s year in school are as follows:

    Financial Aid Package
    Freshman* Sophmore* Junior/Senior*
University Scholarship