Financial Aid at Lincoln Technical Institute-Shelton
Financial Aid Amount Received
$3,730 (11.42% of tuition)
Percent of Financial Aid Received
80% of 737 students
1,008 undergraduate students (80% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Shelton. 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 higher (the average of the schools is 67.63%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,730 and the average loan amount is $7,474. The average financial aid amount is 11.42% 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 | 1,008 | 80% | $3,759,453 | $3,730 |
| Pell Grants | 756 | 60% | $2,988,256 | $3,953 |
| Federal Students Loans | 982 | 78% | $7,339,840 | $7,474 |
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), 404 students have received one or more types of financial aid at Lincoln Technical Institute-Shelton.
The average amount of federal, state, local or institutional grant aid is $4,309 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,053.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Shelton.
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 | 431 | 92% | - | - |
| Grant or scholarship aid | 404 | 86% | $1,740,713 | $4,309 |
| Federal Grants | 321 | 69% | $1,394,513 | $4,344 |
| Pell Grants | 319 | 68% | $1,347,163 | $4,223 |
| Other Federal Grants | 127 | 27% | $47,350 | $373 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 275 | 59% | $346,200 | $1,259 |
| Student Loans | 370 | 79% | $2,979,638 | $8,053 |
| Federal Student Loans | 370 | 79% | $2,979,638 | $8,053 |
| Other Student Loans | 0 | 0% | $0 | $0 |