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What's up with Brown's Financial aid?

YoLololololYoLolololol Registered User Posts: 394 Member
edited September 2017 in Brown University
Why is my net price so much higher than peer schools?

I ran the net price calculator and it is three times higher than Williams, Amherst, Rice, Swarthmore, Cornell, etc.

Is Brown known for offering much worse financial aid than its peers? Or am I missing something important here?

I would love to ED but that 3x price tag is really bothering me..

Replies to: What's up with Brown's Financial aid?

  • collegegatsbycollegegatsby Registered User Posts: 8 New Member
    My net price was significantly higher at Brown as well. Even compared to many other ivies the price was much higher. Really confused about that...
  • YoLololololYoLolololol Registered User Posts: 394 Member
    edited September 2017
    @collegegatsby

    ikr? like much much higher.

    5k at peer schools vs 15k at brown..
  • YarnweaverYarnweaver Registered User Posts: 203 Junior Member
    My parents ran it, too, and it's a lot higher for us also. :/
  • ThankYouforHelpThankYouforHelp Registered User Posts: 1,295 Senior Member
    People assume that because Brown is in the Ivy League, it must be extremely wealthy. In fact, Brown has a relatively small endowment per student. It is not in the top 50 schools in the nation in that category.

    Amherst, Williams and Swarthmore all have approximately 4 times the endowment per student that Brown does. This is reflected in the amount of financial aid they offer the typical student (among other things).
  • dadof4kidsdadof4kids Registered User Posts: 582 Member
    When I run the calculators Brown is higher, but in the same ballpark. My guess is they count something heavily that others don't (home equity maybe). Whatever it is doesn't affect my calc's nearly as bad as they do yours.
  • woods1234woods1234 Registered User Posts: 105 Junior Member
    Likewise for us, the efc for Brown is significantly higher than all other peer (and even one-"level" below) schools. We are one income, W2, no business, no divorce, minimal investments, minimal home equity situation.
  • OutofthenestOutofthenest Registered User Posts: 51 Junior Member
    Brown includes home equity in their financial aid calculations. A lot of other schools don't. Run the net price calculator again without your house, and that will tell you if home equity is what is causing the difference.
This discussion has been closed.