Loans Awarded by Financial Aid
Federal Direct Stafford Loans provide low-interest loans to students to assist with paying for educational expenses. Regardless of whether or not a student was offered a federal student loan in his or her initial financial aid package, U.S. citizens and permanent residents may be eligible to borrow a Subsidized Stafford Loan, an Unsubsidized Stafford Loan, or both.
Federal Perkins Loan is a campus-administered federal program that provides low-interest loans to students with exceptional need. Interest does not accrue while the student is enrolled at least half-time or during grace or deferment periods.
Brown University offers various Institutional Loans to Undergraduate and Medical students.
Loans with a Separate Application Process
Federal Direct PLUS Loans are available to assist parents, guardians and graduate students in borrowing all or a portion of the cost of education. The PLUS loan offers several benefits available to borrowers including deferment of repayment until after the student graduates (or drops below half-time enrollment status). In addition, repayment calculators are available to assist families in determining their monthly payments.