Brown University is one of the best institutions in the world. Students can access various highly ranked degree programs, from one-year certificates to doctoral degrees. Researching details about Brown University costs for both graduate and undergraduate students will help you decide if the school is suitable for you. You should also consider Brown University rankings and student reviews.
Brown University tuition is quite expensive compared to other schools. In addition to tuition, students need to consider the cost of books, supplies, room and board, and other living expenses. However, Brown University financial aid options are available for qualifying students to take advantage of.
Brown University Rankings and Profile
- Accreditation: New England Commission of Higher Education
- Acceptance Rate: 6%
- Graduation Rate: 96%
- US News & World Report Ranking: #14 (National Universities)
- Times Higher Education Ranking: #64 (World University Rankings)
Brown University is a nonprofit, private research university located in Providence, Rhode Island. Founded in 1974, Brown University is renowned for its outstanding science programs, particularly math, computer science, medicine, and liberal arts. The institution boasts qualified and dedicated faculty, with a student-to-faculty ratio of six-to-one.
As an Ivy League school, Brown University is well respected by other universities and regarded as a reputable school. The university’s open curriculum allows students to explore classes that interest them. Studying something that fascinates you will help keep your attention and increase the likelihood of performing well academically.
How Much Does Brown University Cost?
According to the National Center for Education Statistics (NCES), Brown University costs $62,304 per year for undergraduate students, while graduate tuition costs $60,944. Students will need to pay other fees of $1,652 for books and supplies.
In addition to personal expenses, Brown University’s living expenses on campus cost $16,346. A combination of direct fees and estimated indirect costs make up the cost of attending Brown University.
Brown University Tuition, Fees, and Other Expenses
|Expense||Brown University Cost|
|Brown University Undergraduate In-State Tuition and Fees||$62,304|
|Brown University Undergraduate Out-of-State Tuition and Fees||$62,304|
|Brown University Graduate In-State Tuition and Fees||$60,944|
|Brown University Graduate Out-of-State Tuition and Fees||$60,944|
|Brown University Books and Supplies||$1,652|
Brown University tuition is affordable, but it is relatively higher than the tuition at other institutions. The school charges direct costs to student accounts, while indirect expenses do not appear on student bills. If students do not have health insurance, it is added to the cost of attendance.
You can pay tuition through electronic ACH payment, sending a check through the mail, international or domestic wire transfer, Installment Payment Plan, third party payment, and financial aid.
Brown University Living Expenses
|Expense||Brown University Cost|
|Brown University On-Campus Room and Board||$16,346|
|Brown University Off-Campus Room and Board||N/A|
Brown University’s living expenses cover on-campus room and board at $16,346, including dining options. Other living expenses may cost $2,268, depending on individual expenses. The living expenses at Brown University are worth the cost.
Cost of Living in Providence, Rhode Island
The cost of living in Providence, Rhode Island, is 17 percent higher than the national average. Housing costs are 22 percent more than the national average, and utilities are 28 percent more expensive. Gas and other transportation costs are seven percent higher than the national average, while grocery and healthcare costs are eight and six percent higher than the national average.
Rhode Island’s capital and largest city is Providence, which has a vibrant arts community. With a thriving economy, Providence focuses on biomedicine, manufacturing, cyber and data analytics, and innovative business services industries. The tourism and transportation sectors are also expanding and contributing to the economic costs of the city.
Brown University Financial Aid Statistics
Brown University’s financial aid programs help 55 percent of students, while 46 percent also receive scholarship aid, amounting to $44,335,768. Other financial aid options at Brown University include federal grants, state or local government scholarships, institutional grants or scholarships, and student loans.
Fourteen percent of students at Brown University receive federal grants, with a total sum of $1,576,290 aid received. Additionally, the same percentage of students receive Pell grants for $1,219,290. Students at Brown University may also be eligible for state or local government scholarships, with one percent receiving a total of $14,750.
Students also receive Brown University’s institutional grants or scholarships, with 45 percent receiving financial aid totaling $42,744,728. Twenty-one percent of students take advantage of various loans available to them.
Does Brown University Accept FAFSA?
Yes, Brown University accepts FAFSA. Brown University dedicates itself to giving financial aid to every student’s documented financial need. After submitting an admissions application, you can complete and submit the Free Application for Federal Student Aid (FAFSA) form, which will automatically allow Brown University to access your financial eligibility for financial aid.
Does Brown University Accept GI Bill Benefits?
Yes, Brown University accepts Post 9/11 GI Bill Benefits. Students receive over $26,000 per year to cover the cost of tuition and fees. Additionally, an E-5 with dependents will get a monthly housing allowance in the same zip code as the school. The allowance is equal to the baseline allowance for housing. Veterans also receive a yearly allowance of up to $1,000 to cover the cost of books and supplies.
Is Brown University a Yellow Ribbon School?
Yes, Brown University is a Yellow Ribbon school. The Yellow Ribbon support applies to both qualifying veterans and their dependents. A combination of the Yellow Ribbon scholarship from Brown and funding from the US Department of Veterans Affairs will pay the full cost of mandatory tuition and fees.
Brown University Scholarships and Grants
- The Gates Scholarship. Outstanding minority high school graduates from low-income families are eligible for The Gates Scholarship. It is available annually to 300 students. Awardees of this scholarship receive funding to cover the full cost of attendance that other financial aid options do not cover. This includes tuition, room, books, and transportation.
- United World College – Davis Scholarship (UWC). This scholarship is the largest international scholarship program in the world. UWC school graduates who enroll at Brown University are eligible for institutional grants. These support Davis UWC Scholars’ need-based scholarships for their undergraduate studies.
- Sidney E. Frank Scholars. This scholarship offers financial support for Brown University’s most needy undergraduate students. Applications are accepted from undergraduates who are US citizens and eligible non-citizens. These students must enroll in Brown University through the early admission and regular admission processes.
- The Brown Promise. Under the Brown Promise initiative, all undergraduate financial aid grants are exempt from packaged loans. Different applications have varying guidelines and deadlines depending on when students apply for admission and their citizenship.
- Veteran Benefit Support. Brown University helps to support veterans and their families with this scholarship by supporting programs such as the Post – 9/11 GI Bill, Yellow Ribbon Program, Veteran Readiness and Employment, and Survivors’ and Dependents’ Educational Assistance. This support is in collaboration with the US Department of Veterans Affairs.
Brown University Average Net Price by Income
|Family Income||Brown University Net Price|
|$0 to $30,000||$4,849|
|$30,001 to $48,000||$5,870|
|$48,001 to $75,000||$8,446|
|$110,001 and up||$43,008|
Brown University calculates the net price by considering the tuition and expenses at the school. They determine the net price by the financial aid and scholarships the school offers to students.
How to Calculate Brown University Cost
By noting the cost of tuition for students and consulting the tuition page of Brown University’s website, you can determine your total cost of attendance. When you have a good knowledge of the cost of tuition at Brown, you can make proper financial plans and find suitable funding.
You need to plan for direct and indirect costs. Direct costs include tuition, room, meals, and mandatory fees. Indirect costs include travel allowances, personal expenses, and books.
Is the Cost of College Too High?
No, the cost of college is not too high if you get a scholarship and make an effort to save money. There is a wide range of financial aid options available at college to fit your base budget. The cost of college can be easy to navigate when you have all the information you need. Below we break down student debt percentages and payments with information received from the US Department of Education’s College Scorecard.
Brown University Student Debt
- Students Receiving Federal Loans: 13%
- Median Debt After Graduation: $13,000
- Average Monthly Loan Payment: $130
Over time, student debt affects borrowers through increasing debt loads, lowering credit scores, and ultimately reducing their purchasing power. Over 46 million borrowers owe nearly $1.75 trillion in student loan debt in the United States.
Brown University Tuition Payment Plans
Brown University offers students an Installment Payment Plan (IPP). This tuition payment plan enables students and families to pay for one semester’s expenses over pre-arranged monthly installments with no interest. Students must pay the non-refundable $75 application fee and set up automatic payments via a US checking or savings account.
Brown University Graduate Salaries and Outcomes
Graduates of Brown University earn respectable salaries. The median income of former students who received Brown University financial aid is $78,943. Brown University Graduates often get great opportunities in the job market.
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How to Save Money in College
- Create a Student Budget. Drawing up a school and individual expenses budget will help you save money. When you create a budget, you will learn to spend money on only necessary things and discipline yourself to stop bad spending habits. Consider researching an Ivy League online master’s program when creating your budget, as it is a more affordable master’s program.
- Make Use of Student Discounts. Students tend to get discounts on things like clothes or movie tickets, which can help you save money. You can direct money toward more urgent needs using a student discount on a product or service.
- Make Use of the Library. At college, the library is one of the most overlooked but best free facilities that can help you save money. The school makes books, laptops, films, and software available to you. However, because the library’s resources are limited, efficient use often requires prior planning.
- Apply for Scholarships and Grants. When you apply for scholarships, grants, and other financial aid opportunities, the burden of the cost of attendance will decrease and help you save money. However, you must ensure that you are eligible by meeting the requirements of any scholarship.
- Sell Your Used Textbooks. One of the best ways to save money in college is to sell the textbooks you’re no longer using. You can earn income from selling these books and make a profit.
Is Brown University Affordable?
Yes, Brown University is affordable if you do adequate research on the cost of attendance, living expenses, and financial aid opportunities available at the school. The information helps you to better plan your finances and prepare for financial assistance.
Brown University Cost FAQ
Yes, Brown University is worth the cost because it is a top school that offers valuable education to its students. As one of the best universities in the country, Brown University offers opportunities of the highest quality that are worth the cost of services provided. The university dedicates itself to providing financial assistance to those who need it.
Gaining admission to study at Brown University can be hard because the school is very selective, with only an eight percent acceptance rate. However, if you satisfy the requirements for admission and work hard throughout high school, you might get accepted.
The application fee at Brown University costs $75. You can also submit a fee waiver in place of an application fee as part of the admission requirements.
The kinds of students who attend Brown University are inquisitive and creative thinkers, not just in the arts but in all disciplines. According to the NCES, there is a wide range of ethnicities among students who attend the school.
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