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you're assuming that the money is going to dispersed equally which is unlikely. The money is intended to replace the loan portion of financial aid packages. Mos
by dcole2929 9y ago
you're assuming that the money is going to dispersed equally which is unlikely. The money is intended to replace the loan portion of financial aid packages. Most students get some amount of tuition covered by grants, and outside scholarships. So for example if tuition is $10000 (not real numbers obviously), and the student get $4,000 from pell grant and another $2,000 from an outside scholarship this new pool of money Brown raises only has to cover the outstanding $4,000 not accounted for by other sources.