Financial Aid at Lincoln Technical Institute-New Britain
Financial Aid Amount Received
$3,815 (11.68% of tuition)
Percent of Financial Aid Received
81% of 638 students
903 undergraduate students (81% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-New Britain. The percentage of students who received financial aid higher compared to Private (for-profit), 2-4 Years Colleges in Connecticut.
Compared to similar schools in rankings such as Cortiva Institute and Porter & Chester Institute of Hamden, the percentage of students who received financial aid is much higher (the average of the schools is 57.63%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,815 and the average loan amount is $7,301. The average financial aid amount is 11.68% of tuition & fees (tuition & fees: $32,663).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 903 | 81% | $3,445,388 | $3,815 |
| Pell Grants | 665 | 60% | $2,600,660 | $3,911 |
| Federal Students Loans | 836 | 75% | $6,103,436 | $7,301 |
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), 416 students have received one or more types of financial aid at Lincoln Technical Institute-New Britain.
The average amount of federal, state, local or institutional grant aid is $4,247 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,362.
The following table shows the financial data by type of aid at Lincoln Technical Institute-New Britain.
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 | 419 | 93% | - | - |
| Grant or scholarship aid | 416 | 92% | $1,766,777 | $4,247 |
| Federal Grants | 312 | 69% | $1,364,229 | $4,373 |
| Pell Grants | 307 | 68% | $1,304,179 | $4,248 |
| Other Federal Grants | 107 | 24% | $60,050 | $561 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 281 | 62% | $402,548 | $1,433 |
| Student Loans | 365 | 81% | $3,051,985 | $8,362 |
| Federal Student Loans | 365 | 81% | $3,051,985 | $8,362 |
| Other Student Loans | 0 | 0% | $0 | - |