What is need-blind admission and who is eligible?
<< Back to Overview: Facts, Tips, and Tools General Questions • Financial Aid • Financial Aid Initiatives Unique to Brown • Applying for Financial Aid • Taking a Leave of Absence • Living Off-Campus • Study Away • Financial Aid Satisfactory Academic Progress (FASAP) • Fee Waivers • How much have I borrowed? • Applied Music • Room Charges (Higher Dorm Room Cost) • Commuters Financial AidQ. What is financial aid and what is in a financial aid package? A. Funds offered by an institution to assist students with educational expenses are considered financial aid. The combination of these sources is defined as a financial aid package and may include: • Loans - Do need to be repaid • Work-Study - Allows students to earn money while enrolled in school to help pay for educational expenses Many families do not consider loans financial aid. However, two key components of the federal financial aid system are Perkins and Stafford Loans - federal loan programs with rates and terms beneficial to stude
