Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $4,281 and the average loan amount is $6,964. The average financial aid amount is 11.87% of tuition & fees (tuition & fees: $36,053).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,200 82%$5,137,241$4,281
Pell Grants860 59%$3,526,991$4,101
Federal Students Loans1,038 71%$7,228,223$6,964

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), 707 students have received one or more types of financial aid at Lincoln College of Technology-Indianapolis.
The average amount of federal, state, local or institutional grant aid is $4,180 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,110.
The following table shows the financial data by type of aid at Lincoln College of Technology-Indianapolis.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid72995%--
Grant or scholarship aid707 92%$2,955,318$4,180
Federal Grants482 63%$2,090,428$4,337
Pell Grants481 62%$1,996,136$4,150
Other Federal Grants183 24%$94,292$515
State/Local Grants9 1%$31,137$3,460
Institutional Grants575 75%$833,753$1,450
Student Loans607 79%$3,709,060$6,110
Federal Student Loans607 79%$3,709,060$6,110
Other Student Loans0 0%$0$0