Facts about financial aid

Academic Year — 2014-2015
As of September 2014

Freshmen Class (Class of 2018) — only

  • 44% of the Class of 2018 is receiving need-based scholarship aid, which includes Brown University scholarship, federal and state need-based scholarships and grants.
    • The average need-based scholarship for the Class of 2018 is $40,055
  • 48% of the Class of 2018 receiving a need-based award, which includes federal and state grants and need-based work-study and loans
    • The average need-based award for the Class of 2018 is $44,268

All Undergraduates

  • $104.1 Million — The amount of Brown University need-based scholarship for 2014-15.
  • $108.6 Million — The amount of need-based scholarship budgeted for 2014-15, which included University Scholarship and estimated federal Pell Grants.
  • 43% of all undergraduates are receiving need-based scholarship aid, which includes federal and state need-based scholarship and grants
    • The average need-based scholarship for all undergraduates is $39,767
  • 46% of all undergraduates are receiving need-based aid, which includes federal and state grants and need-based work-study and loans.
    • The average need-based financial aid award for all undergraduates is $43,948

Loan Information

  • 1,787 Undergraduate student with no loans in their initial financial aid awards.
  • 65% Percent of students on financial aid with no loans in their initial financial aid awards.

Total number of University Scholarship Recipients = 2,742

General Financial Aid Information

  • 88% of all undergraduates who applied for financial aid received a need-based aid award
  • 37% of undergraduate students receiving financial aid have a $0 contribution from parents’ income

Federal Pell Grant Recipients:

The percentage of undergraduates receiving Pell Grants has increased 11% over the last five years.

Academic YearNumber of RecipientsPell Grant Funding
2010-11 984 $4,836 000
2011-12 928 $3,885,000
2012-13 973 $4,069,000
2013-141,044 $4,367,886
2014-151,095 $4,845,161

International Students:

The University Scholarship budget for international students has significantly increased since 2007-08. In 2007-08, 115 international students received need-based scholarship with a total scholarship expenditure of $3.8 million. For the current 2014-15 academic year, 218 international undergraduates will receive roughly $9.8M in need-based scholarship.

Academic Year
2014-15
Number of Students Average Scholarship Total Scholarship
Freshmen 52 $44,296 $2,203,386
Upper-class 166 $44,999 $7,469,811
Total 218 $44,831 $9,773,197
  • 100% the amount of self-help (student summer earnings expectation, loan and work) students can replace with outside scholarships

For more information about financial aid, visit the Financial Aid website.