Federal and Institutional Loans

If loans are part of your financing plan, learn more about borrowing wisely and the application process.

Loans Awarded by Financial Aid

The Financial Aid Office or Alpert Medical School Office of Financial Aid will determine eligibility for each of these programs.

Federal Direct Stafford Loans provide low-interest loans to students to assist with paying for educational expenses. Regardless of whether or not a student was offered a federal student loan in his or her initial financial aid package, U.S. citizens and permanent residents may be eligible to borrow a Subsidized Stafford Loan, an Unsubsidized Stafford Loan, or both.

Federal Perkins Loan is a campus-administered federal program that provides low-interest loans to students with exceptional need. Interest does not accrue while the student is enrolled at least half-time or during grace or deferment periods. 

Brown University offers various Institutional Loans to Undergraduate and Medical students.  

Loans with a Separate Application Process

Federal Direct PLUS Loans are available to assist parents, guardians and graduate students in borrowing all or a portion of the cost of education.  The PLUS loan offers several benefits available to borrowers including deferment of repayment until after the student graduates (or drops below half-time enrollment status). In addition, repayment calculators are available to assist families in determining their monthly payments. 

The FAFSA must be completed prior to applying for the PLUS Loan. Borrowers must complete the FAFSA and the PLUS Loan application.