This need is met with an award package that may include a combination of loan, campus job, and grant. The remaining balance of the award, if any, will be covered by a grant or scholarship. Because you are expected to contribute toward your educational expenses, self-help is the first component of a financial aid award. Each year, Brown determines the maximum base amount of self-help to be awarded to students. If working during the academic year is unfeasible, or if you require additional funds to help cover your student account balance, Brown will consider converting a portion or all of the job award to a loan if you submit an acceptable explanation.
Many students rely on federal government loans to finance their education.
These loans have low interest rates and do not require credit checks or collateral. Federal student loans also provide a variety of deferment options and extended repayment terms. Brown participates in the Federal Direct Lending program. This means you do not need to get a federal student loan application from a bank or other lender. The University Loan Program is available if you do not otherwise qualify for federal government loans.