Financial Aid at Lincoln Technical Institute-Mahwah
Financial Aid Amount Received
$4,217 (14.84% of tuition)
Percent of Financial Aid Received
69% of 861 students
942 undergraduate students (69% 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 68.10%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,217 and the average loan amount is $7,665. The average financial aid amount is 14.84% 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 | 942 | 69% | $3,972,441 | $4,217 |
| Pell Grants | 694 | 51% | $2,890,125 | $4,164 |
| Federal Students Loans | 953 | 70% | $7,304,716 | $7,665 |
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), 393 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 $5,147 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,750.
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 | 452 | 89% | - | - |
| Grant or scholarship aid | 393 | 78% | $2,022,847 | $5,147 |
| Federal Grants | 297 | 59% | $1,459,051 | $4,913 |
| Pell Grants | 296 | 58% | $1,374,551 | $4,644 |
| Other Federal Grants | 93 | 18% | $84,500 | $909 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 262 | 52% | $563,796 | $2,152 |
| Student Loans | 390 | 77% | $3,412,675 | $8,750 |
| Federal Student Loans | 390 | 77% | $3,412,675 | $8,750 |
| Other Student Loans | 0 | 0% | $0 | $0 |