Home Forums College Miscellaneous Brown to offer loan-free financial aid packages

This topic contains 2 replies, has 3 voices, and was last updated by  vibhawari 9 months, 3 weeks ago.

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  • #52581

    Hello everyone!

    Starting this next fall, Brown University will offer only scholarships and grants to new admits to help reduce their student debt upon graduation. Previously, these loan-free financial aid packages were only offered to families with income below $100,000. Currently, the average student debt at graduation is $23,810 and school loans had been capped at $5,000 per year. So, moving forward, students should only need to take loans for study abroad and incidentals such as personal travel, laptops, etc.

    Best of luck with your applications!

    Sincerely,

    David Petersam
    President
    AdmissionsConsultants, Inc.
    DPetersam@admissionsconsultants.com

    AdmissionsConsultants
    1.800.809.0800

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    #52603

    gino
    Participant

    Fantastic news!

    #52615

    vibhawari
    Participant

    I wish all capable schools would do this and that more schools had the resources to do the same

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