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Brown University Financial Aid Details

63% Freshmen Get Financial Aid
$59,655 Average Grant & Scholarship
49% Undergrads Get Grant Aid

Most students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Brown University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financial aid options can Brown offer, and what will you qualify for? Keep reading for more information. Keep going to find out what amount of financial assistance will be accessible to you.

Understanding Brown Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Brown University.

Average Freshman Financial Aid at Brown University

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Among first-time, full-time freshmen at Brown University, 63% of first-time, full-time freshmen received some form of financial aid around 1062 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)52%$61,392
Institutional grants & scholarships52%$59,626
Federal Pell grants15%$5,842
State/local grants0%$625
Federal student loans12%$5,135

Scholarships and Grants at Brown University

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 49% of undergraduates were awarded an average grant or scholarship of $59,655 (among about 3808 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)49%$59,655
Federal Pell grants14%$5,887
Federal student loans10%$5,885

For on-campus title-IV students, average grant aid came to $62,464.

Income-Adjusted Net Price at Brown University

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$130
$30,001 – $75,000$5,902
Over $75,000$39,665

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for Brown University

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$25,184
Off-campus title-IV students$26,572

To get a personalized net price estimate, try Brown’s NPC: npc.collegeboard.org/app/brown.

Typical Student Debt at Brown University

The middle student in the debt distribution at Brown owes $10,000 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$10,000
Median federal debt (graduates only)$11,428
Typical 10-year monthly payment (graduates)$121.16/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Brown.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,000
25th percentile$8,000
75th percentile$24,808
90th percentile (highest-debt students)$35,000

How Debt Outcomes Vary by Student Group at Brown University

Median debt varies by family income, by first-generation status, and by dependency status.

Debt by Income Tier

Income tierMedian federal debt
Low income$7,847
Middle income$8,000
High income$11,076

By First-Generation Status

CohortMedian federal debt
First-generation students$10,000
Continuing-generation students$10,000

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at Brown.

Federal Student Loans at Brown University

Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Brown:

MetricValue
Stafford loan recipients10017
Total Stafford loan amount$290,136,727

Military and Veterans Aid at Brown University

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients95
Total GI Bill amount$4,006,496
Average GI Bill amount per recipient$42,174

DoD program volume

MetricValue
DoD Tuition Assistance recipients1
Total DoD amount$4,500
Average DoD amount per recipient$4,500

More Financial Aid Resources from Brown University

References

More about our data sources and methodologies.

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