Financial Aid at Lincoln Technical Institute-Philadelphia
Financial Aid Amount Received
$4,436 (14.11% of tuition)
Percent of Financial Aid Received
91% of 299 students
467 undergraduate students (91% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Philadelphia. The percentage of students who received financial aid much higher compared to Private (for-profit), 2-4 Years Colleges in Pennsylvania.
Compared to similar schools in rankings such as Erie Institute of Technology Inc and Pennco Tech-Bristol, the percentage of students who received financial aid is much higher (the average of the schools is 71.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,436 and the average loan amount is $7,749. The average financial aid amount is 14.11% of tuition & fees (tuition & fees: $31,430).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 467 | 91% | $2,071,523 | $4,436 |
| Pell Grants | 375 | 73% | $1,543,541 | $4,116 |
| Federal Students Loans | 426 | 83% | $3,301,197 | $7,749 |
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), 278 students have received one or more types of financial aid at Lincoln Technical Institute-Philadelphia.
The average amount of federal, state, local or institutional grant aid is $4,610 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,372.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Philadelphia.
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 | 280 | 95% | - | - |
| Grant or scholarship aid | 278 | 94% | $1,281,515 | $4,610 |
| Federal Grants | 227 | 77% | $1,045,395 | $4,605 |
| Pell Grants | 226 | 77% | $1,015,269 | $4,492 |
| Other Federal Grants | 35 | 12% | $30,126 | $861 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 117 | 40% | $236,120 | $2,018 |
| Student Loans | 248 | 84% | $2,076,358 | $8,372 |
| Federal Student Loans | 248 | 84% | $2,050,831 | $8,269 |
| Other Student Loans | 2 | 1% | $25,527 | $12,764 |