Financial Aid at Lincoln Technical Institute-Lincoln
Financial Aid Amount Received
$3,888 (12.77% of tuition)
Percent of Financial Aid Received
80% of 673 students
956 undergraduate students (80% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Lincoln. The percentage of students who received financial aid much higher compared to Private (for-profit), Less Than 2-Years Colleges in Rhode Island.
Compared to similar schools in rankings such as New England Tractor Trailer Training School of Rhode Island and Empire Beauty School-Warwick, the percentage of students who received financial aid is extremely higher (the average of the schools is 52.83%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,888 and the average loan amount is $6,927. The average financial aid amount is 12.77% of tuition & fees (tuition & fees: $30,446).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 956 | 80% | $3,716,512 | $3,888 |
| Pell Grants | 753 | 63% | $2,906,688 | $3,860 |
| Federal Students Loans | 951 | 79% | $6,587,444 | $6,927 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 450 students have received one or more types of financial aid at Lincoln Technical Institute-Lincoln.
The average amount of federal, state, local or institutional grant aid is $4,501 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,233.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Lincoln.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 465 | 94% | - | - |
| Grant or scholarship aid | 450 | 91% | $2,025,323 | $4,501 |
| Federal Grants | 344 | 70% | $1,559,638 | $4,534 |
| Pell Grants | 343 | 70% | $1,480,894 | $4,317 |
| Other Federal Grants | 148 | 30% | $78,744 | $532 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 357 | 72% | $465,685 | $1,304 |
| Student Loans | 420 | 85% | $3,457,991 | $8,233 |
| Federal Student Loans | 420 | 85% | $3,457,991 | $8,233 |
| Other Student Loans | 0 | 0% | $0 | - |