THE BROWN PROMISE:
Through The Brown Promise initiative, Brown has eliminated packaged loans from all undergraduate financial aid awards.
DIRECT COSTS COVERED FOR STUDENTS WITH A $0 PARENT CONTRIBUTION:
Brown’s highest need students, coming from families with total incomes of less than $60,000 per year and assets less than $100,000, as determined by the Office of Financial Aid, will receive scholarship/grants equal to the amount of standard tuition, fees, room and meals.
- Reduces the amount a student is required to earn over the summer
- Students arrive on campus with a $0 balance on their student account
MIDDLE/MODERATE FAMILY INCOME:
Brown is also providing University scholarships to families with middle/moderate total incomes and has increased the scholarship awarded to these families. Brown financial aid awards include federal, state and institutional need based scholarship and a work-study or campus employment component, but no loans.
HEALTH INSURANCE SCHOLARSHIP
All students at Brown are required to have health insurance. If a student is receiving University need-based scholarship and does not have comparable insurance coverage, Brown will provide a health insurance scholarship to cover the costs of insurance.
These University initiatives are determined based on a family’s calculated total income. A family’s total income is determined by the Office of Financial aid through reviewing tax documents and financial aid application materials. Total income is the sum of Adjusted Gross Income plus all untaxed income. Examples of untaxed income include untaxed social security benefits, untaxed business revenue, pension contributions and withdrawals, child support received, etc. Please visit the parent income section of our website for complete details of the determination of total income.
TOTAL AVERAGE AWARD FOR THE CLASS OF 2024 WHO HAVE APPLIED FOR AND RECEIVED AID
Group Average Total Award**
Percent Receiving Need-Based Scholarship
|$60,000 - $100,000||$64,159||99%|
|$100,000 < $125,000||$57,548||96%|
|$125,000 < $150,000||$53,130||99%|
|$150,000 < $200,000||$46,214||92%|
|> $200,000 ***||$29,149||34%|
* Total income does not include a family's assets
** Includes Brown University Scholarship, grants and work-study or campus employment (no loans)
*** Most who qualify have multiple children in college.