Financing Options & Borrowing Wisely

Financing Options

Families are encouraged to learn about the various options and make informed financial decisions. In addition to Grants and Scholarships, financing options available to families include:
Brown's Installment Payment Plan (IPP)

Federal Stafford Loans / Federal PLUS Loans / Federal Perkins Loans / Institutional Loans / Private Loans 

The Office of Financial Aid assist Undergraduate and Graduate students with determining eligibility for financing options.  Undergraduate students are strongly encouraged to review the Educational Financing section of the Financial Aid website. Graduate students are encouraged to review the Graduate Overview section of the website.   

The Alpert Medical School (AMS) Office of Financial Aid is dedicated to assisting medical students who may not have the financial resources to meet the full cost of attending medical school. 

Borrowing Wisely

If loans are part of your financing plan, you'll want to borrow wisely to keep your loan debt as low as possible.


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  • Scholarships and grants do not need to be repaid.
  • Assess your needs before you borrow.  Students are not required to borrow the full amount of loans that have been offered. Do you need the full amount that is offered? Do you need additional funds to cover expenses?
  • Compare the loans you've been offered. Choose the loans with the lowest interest rates and best borrower benefits, such as: deferment, forbearance, and forgiveness options. See our Helpful Tips for Loan Borrowers.
  • Always maximize your Federal Loan borrowing before you borrow an Institutional Loan or Private Education Loan. Federal loans offer borrower protections in the form of deferment and forbearance options.
  • If you decide to borrow loans, you'll need to complete a series of steps to receive your loan funds. Learn about the Loan Application Process & Disbursement.