Parent Survey May 2012 Senior Survey 2012 Confidential

Parent Survey – May 2012 Senior Survey - 2012 Confidential - Not for distribution

Parent Survey • May 8 through June 28, 2012 • All parents of current students invited, requested one survey for each student • If more than one student enrolled requested that parents complete survey for older child • Response Rate: 45. 3% (2551/5632) • Respondent sample representative of students of invited parents • 40% of respondents reported that their children received grant aid from Brown Confidential - Not for distribution

Senior Survey • • March 15 through April 12, 2012 Biennual survey of graduating seniors (even years) 2012 Response Rate: 69% (1029/1483) 51. 3% of respondents reported that they had received “any“ financial aid while an undergraduate at Brown. Confidential - Not for distribution

It has been very difficult for us to pay for my child's college education 5 point scale (1=disagree strongly, 2=disagree somewhat, 3=neither agree nor disagree, 4=agree somewhat, 5=agree strongly) 5 4. 5 Mean parental agreement rating 4 3. 5 3 2. 5 2 1. 5 1 LT $50 K $50 -99. 99 K $100 -149. 99 K $150 to 199. 99 K Parental self reported income from all sources, 2011 Peer 1 Confidential - Not for distribution Peer 2 Peer 3 Peer 4 Brown GE $200 K

I am worried that my child will graduate with too much debt Mean parental rating of agreement, Brown and peers 5 5 point scale (1=disagree strongly, 2=disagree somewhat, 3=neither agree nor disagree, 4=agree somewhat, 5=agree strongly) 4. 5 Mean parental agreement rating 4 3. 5 3 2. 5 2 1. 5 1 LT $50 K $50 -99. 99 K $100 -149. 99 K $150 to 199. 99 K Parental self-reported family income from all sources 2011 Peer 1 Confidential - Not for distribution Peer 2 Peer 3 Peer 4 Brown GE $200 K

I will be seriously burdened by loan payments when I graduate 2012 Senior Survey 4. 0% Self reported total before tax family income GE $200 K 2. 1% $150 to 199 K 7. 6% $100 to 149 K 77. 7% 18. 5% 13. 6% $50 to 99 K LT $50 K 16. 2% 26. 9% 18. 2% 17. 5% 6. 2% 0% 30. 7% 17. 5% 14. 3% 10% 47. 1% 37. 5% 35. 0% 30. 0% 34. 2% 20% 30% Strongly Agree Confidential - Not for distribution 40% Agree 45. 3% 50% Disagree 60% 70% Strongly Disagree 80% 90% 100%

Will your parents or family help you pay off the loans you have personally taken to pay for undergraduate education (tuition, fees, room and board)? 2012 Senior Survey 80 70 60 50 Yes 40 No 30 N/A 20 10 0 LT $50 K $50 to 99 K $100 to 149 K $150 to 199 K Self-reported total family before tax income Confidential - Not for distribution GE $200 K

What has been the impact on your family of paying for your child to attend Brown? Parental response by self-reported 2011 family income, Parent Survey GE $200 K 37. 8 $150 to 199. 99 K 12. 3 37. 2 21. 6 33. 6 41. 4 3. 3 12. 7 None/slight/NA 7. 1 $100 -149. 99 K 29. 3 48. 2 moderate 15. 4 considerable severe $50 -99. 99 K 15. 3 LT $50 K 32. 9 40. 5 29. 8 0% 10% 30. 9 20% Confidential - Not for distribution 30% 40% 11. 3 32. 6 50% 60% 70% 80% 6. 6 90% 100%

What has been the impact on your family of paying for your education (tuition, fees, room and board), 2012 Senior Survey Self-reported total family before tax income GE $200 K 38. 0% $150 to 199 K 9. 3% 34. 7% 20. 9% 39. 8% 6. 4% 16. 1% None/Slight $100 to 149 K 8. 6% 28. 7% 51. 1% 11. 5% Moderate Considerable Severe $50 to 99 K 6. 6% LT $50 K 28. 3% 51. 3% 27. 6% 0% 10% 34. 1% 20% Confidential - Not for distribution 30% 40% 13. 8% 26. 8% 50% 60% 70% 80% 11. 4% 90% 100%

The benefits of attending Brown will outweigh the financial sacrifices that our family has had to make Parental response by self-reported 2011 family income GE $200 K 2 5. 2 $150 to 199. 99 K 21. 3 3. 4 7. 9 31. 1 25. 2 40. 4 33. 5 30. 1 Disagree strongly $100 -149. 99 K 3. 7 5. 9 25 39 Disagree somewhat 26. 5 Neither agree nor diagree Agree somewhat Agree strongly $50 -99. 99 K 2 6. 9 18. 2 LT $50 K 2. 23. 4 24. 2 0% 10% 20% Confidential - Not for distribution 32. 7 40. 2 24. 7 30% 45. 5 50% 60% 70% 80% 90% 100%

Has your child's experience at Brown been worth the impact on your family's finances? Parental response by self-reported 2011 family income GE $200 K 82. 4 $150 to 199. 99 K 15. 7 67. 2 $100 -149. 99 K 28. 4 68. 5 1. 9 4. 5 27. 4 4. 2 Yes Somewhat No $50 -99. 99 K 77. 8 LT $50 K 19. 6 81. 2 0% 10% 20% Confidential - Not for distribution 30% 40% 14. 4 50% 60% 70% 80% 90% 2. 6 4. 4 100%

How do you pay for educational expenses? Family Assets 80. 0 73. 4 70. 0 63. 8 % using for some part of expenses Used-Aided Used-not aided 50. 0 40. 0 30. 0 20. 0 19. 1 14. 1 10. 0 3. 6 Savings Confidential - Not for distribution 5. 6 4. 9 Real Assets 529 Plan 7. 7 Pre-paid tuition 6. 3 Retirement Withdrawal

How do you pay for educational expenses? Parent borrowing 30. 0 % reporting using to pay for college expenses this year 25. 0 25. 2 20. 0 Used-Aided Used-not aided 15. 0 15. 1 13. 8 10. 0 10. 6 10. 1 6. 4 5. 0 6. 9 6. 4 4. 6 2. 4 0. 0 Mortgage PLUS loans Confidential - Not for distribution Private Loans 3. 4 Loan from relative 3. 0 Retirement borrowing Other borrowing

How do you pay for educational expenses? Current parent income, and gifts from relatives 90. 0 % reporting using to pay for college expenses this year 80. 0 81. 2 78. 7 70. 0 60. 0 Used-Aided 50. 0 Used-not aided 40. 0 30. 0 20. 0 19. 7 10. 0 23. 2 8. 6 Regular Income Confidential - Not for distribution Second job 22. 9 10. 1 5. 3 Employee benefits Gifts from relatives

How do you pay for educational expenses? Student contributions 60. 0 55. 6 % reporting using to pay for college expenses this year 50. 0 46. 4 40. 0 41. 3 34. 5 Used-Aided 30. 0 Used-not aided 20. 0 18. 5 10. 0 9. 8 9. 5 10. 0 1. 8 Work-study or term job Confidential - Not for distribution Summer work Student borrowing Student assets 0. 5 Student employee benefits