Financial Aid at Lincoln College of Technology-Melrose Park
Financial Aid Amount Received
$4,133 (12.96% of tuition)
Percent of Financial Aid Received
88% of 1,209 students
1,435 undergraduate students (88% of all students) have received grants, scholarships, and/or federal student loans at Lincoln College of Technology-Melrose Park. The percentage of students who received financial aid higher compared to Private (for-profit), 2-4 Years Colleges in Illinois.
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,133 and the average loan amount is $7,683. The average financial aid amount is 12.96% of tuition & fees (tuition & fees: $31,882).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,435 | 88% | $5,931,259 | $4,133 |
| Pell Grants | 1,131 | 69% | $4,659,496 | $4,120 |
| Federal Students Loans | 1,344 | 82% | $10,325,937 | $7,683 |
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), 719 students have received one or more types of financial aid at Lincoln College of Technology-Melrose Park.
The average amount of federal, state, local or institutional grant aid is $4,651 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,558.
The following table shows the financial data by type of aid at Lincoln College of Technology-Melrose Park.
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 | 765 | 94% | - | - |
| Grant or scholarship aid | 719 | 89% | $3,344,125 | $4,651 |
| Federal Grants | 575 | 71% | $2,603,291 | $4,527 |
| Pell Grants | 573 | 71% | $2,528,459 | $4,413 |
| Other Federal Grants | 72 | 9% | $74,832 | $1,039 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 549 | 68% | $740,834 | $1,349 |
| Student Loans | 662 | 82% | $5,665,481 | $8,558 |
| Federal Student Loans | 662 | 82% | $5,665,481 | $8,558 |
| Other Student Loans | 0 | 0% | $0 | $0 |