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Loan Programs, Interest Rates, and Fees

Loan Programs

We encourage you to review the Borrowing Wisely section to learn about financing options and help you make informed financial decisions. For information on loan programs and rates, visit the loan program links below: 

Federal Loans
Brown University Institutional Loans

Private Loans 

Teach Grant

The Office of Financial Aid determines eligibility for the TEACH Grant program. Learn more:

Teach Grant

Borrowing Wisely

If loans are part of your plan, you'll want to borrow wisely to keep your loan debt as low as possible.  Assess your needs before you borrow, accept only the portion of loans that you need, and choose loans with the lowest interest rates and best borrower benefits.  See our Helpful Tips for Loan Borrowers 

Installment Payment PlanManaged by the Bursar's Office, the Installment Payment Plan (IPP) enables students and their families to make interest-free monthly installments to cover each semester's tuition, housing, meals, and required fees. The Installment Payment Plan can reduce or replace the amount you may need to borrow through loans. 

Reduce your refund - If you have borrowed loans and your student account has a credit balance (overpaid), think about reducing the amount you've borrowed. If you don't need the full amount, send a detailed email to to reduce your loans and lower your student loan debt.  If you actually need the full amount, request an electronic student account refund through the Bursar's Office.