Financial Aid at Lincoln Technical Institute-South Plainfield
Financial Aid Amount Received
$4,156 (12.07% of tuition)
Percent of Financial Aid Received
81% of 324 students
388 undergraduate students (81% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-South Plainfield. The percentage of students who received financial aid much higher 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 higher (the average of the schools is 68.40%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,156 and the average loan amount is $7,309. The average financial aid amount is 12.07% of tuition & fees (tuition & fees: $34,442).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 388 | 81% | $1,612,502 | $4,156 |
| Pell Grants | 261 | 55% | $1,021,784 | $3,915 |
| Federal Students Loans | 352 | 74% | $2,572,602 | $7,309 |
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), 160 students have received one or more types of financial aid at Lincoln Technical Institute-South Plainfield.
The average amount of federal, state, local or institutional grant aid is $5,063 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,837.
The following table shows the financial data by type of aid at Lincoln Technical Institute-South Plainfield.
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 | 164 | 92% | - | - |
| Grant or scholarship aid | 160 | 89% | $810,017 | $5,063 |
| Federal Grants | 109 | 61% | $529,423 | $4,857 |
| Pell Grants | 108 | 60% | $479,173 | $4,437 |
| Other Federal Grants | 55 | 31% | $50,250 | $914 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 116 | 65% | $280,594 | $2,419 |
| Student Loans | 141 | 79% | $1,245,971 | $8,837 |
| Federal Student Loans | 141 | 79% | $1,245,971 | $8,837 |
| Other Student Loans | 0 | 0% | $0 | - |