How is financial aid at Brown?

<p>I don’t want to give away my family’s income away, so I’ll make it general.</p>

<p>I know it depends on a bunch of things but how much would a family making 40k/yr get? 80k? 120k?</p>

<p>I’m jumping the gun way too much here, since I haven’t even been accepted (let alone applied), but I’m still wondering.</p>

<p>Almost a free ride, probably 15-20k in grants, almost nothing in grants (all assuming the student has no assets left by grandmother etc.)</p>

<p>you can generally calculate your brown EFC by just doing this:</p>

<p>46k cost - loans (varies from 3k/yr to 6k/yr depending on income) - work study (2.3k, but 0 freshman year) - summer contribution (2.2k first year, 2.7 after) - expected EFC (use a calculator) = grant aid</p>

<p>Financial aid at Brown is unpredictable. Highest EFC of 7 schools accepted to by $12,000 initially. They will match, or come close to matching, financial aid packages from comparable schools.</p>

<p>It helps if you get a nicer financial package from a comparable school, though your best bet is generally a HYPSM, Columbia, or CalTech, as those schools are more endowed.</p>

<p>the only schools with better financial aid for middle-class families are harvard, princeton, yale, and stanford. if your family makes less than $40,000 brown's financial aid package will be on par, if not better than any other school. if for some reason MIT, columbia, dartmouth, cornell, or penn make a better offer, brown will match it. if swarthmore, amherst, or a few other select schools make a better need-based offer, brown will consider increasing your award.</p>