My best guess on this: If Brown is able to meet this goal, it will eliminate loans as a “line item” in the official financial aid package. So if a financial aid package includes categories like: scholarship (i.e., “free” money), parent contribution; student contribution; work study, and loans – then the dollar loan amount will be moved into the scholarship amount. It will not reduce the parent or student contribution, and probably not affect work study. Guessing further, I’d bet that it won’t matter if the loans are Federal loans or Brown University Loans. It appears as though this would not apply to those who take out private loans to finance the family or student contribution. How’s that for hedging?!!