Brown reaches first fundraising goal to convert loans to scholarships

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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