Financial Aid at Lincoln Technical Institute-Iselin
Financial Aid Amount Received
$3,482 (10.84% of tuition)
Percent of Financial Aid Received
84% of 548 students
851 undergraduate students (84% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Iselin. The percentage of students who received financial aid much higher compared to Private (for-profit), Less Than 2-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 much higher (the average of the schools is 67.10%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,482 and the average loan amount is $6,237. The average financial aid amount is 10.84% of tuition & fees (tuition & fees: $32,134).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 851 | 84% | $2,963,185 | $3,482 |
| Pell Grants | 592 | 59% | $2,246,192 | $3,794 |
| Federal Students Loans | 736 | 73% | $4,590,525 | $6,237 |
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), 367 students have received one or more types of financial aid at Lincoln Technical Institute-Iselin.
The average amount of federal, state, local or institutional grant aid is $4,210 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,128.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Iselin.
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 | 371 | 95% | - | - |
| Grant or scholarship aid | 367 | 94% | $1,544,889 | $4,210 |
| Federal Grants | 261 | 67% | $1,165,539 | $4,466 |
| Pell Grants | 260 | 66% | $1,103,098 | $4,243 |
| Other Federal Grants | 67 | 17% | $62,441 | $932 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 338 | 86% | $379,350 | $1,122 |
| Student Loans | 308 | 79% | $2,195,298 | $7,128 |
| Federal Student Loans | 308 | 79% | $2,195,298 | $7,128 |
| Other Student Loans | 0 | 0% | $0 | $0 |