Undergraduate Financial Aid

Financing Your Education

The Office of Financial Aid and Student Financial Services are available to provide information about financing options and to assist students and families with developing a plan.

We strongly encourage you to review the financing options offered by Brown. Student Financial Services requires payment by August 1 for fall semester and by January 1 for spring semester. All aid, regardless of source or origination, must be credited first toward University-billed charges, such as tuition, fees, food and housing. If you will owe a balance after deducting your anticipated financial aid from these charges, consider these payment options and resources.

Federal Student Loans

The Direct Loan program provides low-interest loans to qualifying students to assist with paying for educational expenses. Even if a student was not offered a federal student loan in the initial financial aid package, U.S. citizens and permanent residents may be eligible to borrow either a subsidized or unsubsidized Federal Direct Loan. To request the Direct loan(s), the student needs to log in to Banner Self-Service anytime after May 1st for the upcoming year, go to the Financial Aid Tab, and submit a Loan Request to the Office of Financial Aid. After the Financial Aid Office reviews the request, they will post a loan offer and the student would then log back in to accept (or decline) as needed. Detailed information about these loans, including maximum borrowing limits, is available on the Student Financial Service website. 
Please be aware that eligibility requirements are overseen by The Department of Education and any changes to policy may affect availability of these resources.

Additional Resources

Limited funding for a Brown 20th Century Loan may be available to high-need students. Students interested in this loan also should contact the Office of Financial Aid to discuss possible eligibility.
Private credit-based educational loans are offered by private lenders or state loan authorities to undergraduate students for the purpose of financing educational costs.
The Federal Direct PLUS Loan is available for qualifying parents, guardians and graduate students who wish to borrow all or a portion of the cost of education.