Brown Financial Aid (PLME)?

leepet1
Wed, 08 Jun 2005 12:11:51 +0000

Brown has admitted that the foreign students are not admitted need-blind. Depending on # of applicants, it needs 4-7 million dollars to fund all qualified foreign students. currently it has only 3 million dollar in its budget, supporting about 100 international students. Since foreign students can not obtain loan from US, you either fund them or not admit them.

With smaller financial aid package, domestic Brown students are more likely to graduate with debt than those from Harvard, Yale or Princeton. Facing the possibility of carrying a large loan, the admitted applicants with lower income may choose free education somewhere else. As a result the incoming freshmen may have household income above average.

The bottom line is to have a true need-blind admission you must have a very large endowment and Brown does not have one.