Financial Aid at Lincoln Technical Institute-Mahwah
Financial Aid Amount Received
$4,074 (14.33% of tuition)
Percent of Financial Aid Received
64% of 964 students
884 undergraduate students (64% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Mahwah. The percentage of students who received financial aid average compared to Private (for-profit), 2-4 Years Colleges in New Jersey.
Compared to similar schools in rankings such as Fortis Institute-Wayne and Adult and Continuing Education-BCTS, the percentage of students who received financial aid is average (the average of the schools is 69.20%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,074 and the average loan amount is $7,189. The average financial aid amount is 14.33% of tuition & fees (tuition & fees: $28,425).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 884 | 64% | $3,601,014 | $4,074 |
| Pell Grants | 606 | 44% | $2,634,112 | $4,347 |
| Federal Students Loans | 907 | 66% | $6,519,983 | $7,189 |
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), 505 students have received one or more types of financial aid at Lincoln Technical Institute-Mahwah.
The average amount of federal, state, local or institutional grant aid is $4,327 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,304.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Mahwah.
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 | 541 | 88% | - | - |
| Grant or scholarship aid | 505 | 82% | $2,185,147 | $4,327 |
| Federal Grants | 326 | 53% | $1,649,630 | $5,060 |
| Pell Grants | 326 | 53% | $1,526,630 | $4,683 |
| Other Federal Grants | 123 | 20% | $123,000 | $1,000 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 336 | 55% | $535,517 | $1,594 |
| Student Loans | 445 | 72% | $3,695,099 | $8,304 |
| Federal Student Loans | 445 | 72% | $3,695,099 | $8,304 |
| Other Student Loans | 0 | 0% | $0 | - |