Brown reaches first fundraising goal to convert loans to scholarships

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BROWN UNIVERSITY has met its initial fundraising goal for its Brown Promise initiative that will replace university loans with scholarships in financial aid awards. / COURTESY BROWN UNIVERSITY
BROWN UNIVERSITY has met its initial fundraising goal for its Brown Promise initiative that will replace university loans with scholarships in financial aid awards. / COURTESY BROWN UNIVERSITY
PROVIDENCE – Brown University has reached its first $30 million fundraising goal to replace loans with scholarship funds in financial aid packages for all returning and incoming undergraduate students starting in the 2018-19 academic year through its program, The Brown Promise, the university announced Thursday. The school announced the program and fundraising initiative in September.…
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