MD'26 Institutional Applicant
Institutional Aid Recipient: | |
---|---|
Budget for Year I Student: | $93,620 |
Less Parent Contribution: | $20,000 |
Less Student Contribution: | $ 1,650 |
Financial Need: | $ 71,970 |
Financial Aid Package: | |
Brown Scholarship | $37,970 |
Federal Unsubsidized Direct Loan | $34,000 |
Total Aid: | $ 71,970 |
Important Notes:
1. The parent contribution figure used in the institutional aid example above represents the average parent contribution of all need-based scholarship recipients in the 2022-23 year.
2. The student contribution figure is the minimum contribution used for all first year students in 2022-23. Although a minimum student contribution of $1,650 will be expected of all first and second year students, the actual student contribution amounts may be higher depending upon the student's income, assets, and other information.
3. The base loan for all class years is $34,000.The base loan, subtracted from need determines scholarship eligibility, which in the above example is $37,970. Take Note: Students may borrow additional unsubsidized Direct loan funds to replace all or part of the parent contribution up to the cost of attendance.
MD’26 Federal Applicant
External Aid Recipient: | |
---|---|
Budget for Year I Student: | $93,620 |
Less Parent Contribution: | N/A |
Less Student Contribution: | 0 |
Financial Need: | $86,670 |
Financial Aid Package: | |
Federal Unsubsidized Direct Loan | $42,720 |
Graduate PLUS Loan | $50,900 |
Total Aid: | $ 93,620 |
Note: Students may apply for Federal Graduate Plus loan funds to meet the full cost of attendance, in addition to the maximum Federal Direct loans. The Brown Loan Office site contains the application and additional information about the program.