Financial Aid at Lincoln Tech
Financial Aid Amount Received
$4,206 (11.36% of tuition)
Percent of Financial Aid Received
84% of 1,052 students
1,329 undergraduate students (86% of all students) have received grants, scholarships, and/or federal student loans at Lincoln College of Technology-Indianapolis. The percentage of students who received financial aid much higher compared to Private (for-profit), 2-4 Years Colleges in Indiana.
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,356 and the average loan amount is $7,380. The average financial aid amount is 11.36% of tuition & fees (tuition & fees: $37,019).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,329 | 86% | $5,789,158 | $4,356 |
| Pell Grants | 987 | 64% | $4,275,299 | $4,332 |
| Federal Students Loans | 1,153 | 74% | $8,509,549 | $7,380 |
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), 676 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 $4,236 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,137.
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 Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 707 | 94% | - | - |
| Grant or scholarship aid | 676 | 90% | $2,863,291 | $4,236 |
| Federal Grants | 522 | 70% | $2,315,028 | $4,435 |
| Pell Grants | 522 | 70% | $2,265,828 | $4,341 |
| Other Federal Grants | 123 | 16% | $49,200 | $400 |
| State/Local Grants | 8 | 1% | $27,037 | $3,380 |
| Institutional Grants | 502 | 67% | $521,226 | $1,038 |
| Student Loans | 563 | 75% | $4,018,243 | $7,137 |
| Federal Student Loans | 563 | 75% | $4,018,243 | $7,137 |
| Other Student Loans | 0 | 0% | $0 | - |