by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Uncover the various financial aid options provided by Brown and determine which ones you may be eligible for by continuing your exploration.
Brown University average financial aid offer for freshmen students is $49,831.00. About 55% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Brown University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by Brown University.
44% of incoming freshmen (725 total) were given scholarships at Brown University, averaging $47,914.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 13% of first years (222 total) were awarded federal grant aid, averaging $6,414.00 each.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 2.41% | $76,022.00 |
| Income 30k-48k | 3.92% | $74,648.00 |
| Income 48k-75k | 4.64% | $67,271.00 |
| Income 75k-110k | 6.57% | $54,330.00 |
| Income 110k + | 19.52% | $33,457.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
726 Brown undergrads obtain grant aid (this is about 55% of the entire undergraduate student population). The average amount these students receive is $49,831.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.