The Office of Financial Aid determines your financial need upon review of your financial aid application. Financial need is determined by subtracting the calculated family contribution from the cost of attending Brown.
Cost of Attendance(COA) - Expected Family Contribution (EFC) = Financial Need
The EFC is composed of (1) the Student Contribution from Summer Earnings, (2) the Student Contribution from Assets, and (3) the Parent Contribution. The Student Contribution from Summer Earnings is a standard amount that is evaluated each year. All students at Brown are expected to contribute from their summer income to defray the costs of their education. The Student Contribution from Assets and the Parent Contribution are the result of a series of calculations explained in the Needs Analysis section on our web site.
Let's assume the following:
|Cost of Attendance||$62,694|
|Student Contribution from Summer Earnings||-$3,050|