Financial Aid at Lincoln Technical Institute-Lincoln
Financial Aid Amount Received
$3,721 (12.22% of tuition)
Percent of Financial Aid Received
72% of 673 students
885 undergraduate students (72% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Lincoln. The percentage of students who received financial aid higher compared to Private (for-profit), Less Than 2-Years Colleges in Rhode Island.
Compared to similar schools in rankings such as New England Tractor Trailer Training School of Rhode Island and Empire Beauty School-Warwick, the percentage of students who received financial aid is much higher (the average of the schools is 57.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,721 and the average loan amount is $6,590. The average financial aid amount is 12.22% of tuition & fees (tuition & fees: $30,446).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 885 | 72% | $3,293,022 | $3,721 |
| Pell Grants | 794 | 65% | $2,897,492 | $3,649 |
| Federal Students Loans | 997 | 81% | $6,570,661 | $6,590 |
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), 359 students have received one or more types of financial aid at Lincoln Technical Institute-Lincoln.
The average amount of federal, state, local or institutional grant aid is $4,312 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,876.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Lincoln.
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 | 403 | 92% | - | - |
| Grant or scholarship aid | 359 | 82% | $1,547,846 | $4,312 |
| Federal Grants | 313 | 72% | $1,357,009 | $4,335 |
| Pell Grants | 313 | 72% | $1,297,825 | $4,146 |
| Other Federal Grants | 117 | 27% | $59,184 | $506 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 187 | 43% | $190,837 | $1,021 |
| Student Loans | 368 | 84% | $2,898,204 | $7,876 |
| Federal Student Loans | 368 | 84% | $2,898,204 | $7,876 |
| Other Student Loans | 0 | 0% | $0 | $0 |