Financial Aid at Lincoln Technical Institute-Moorestown
Financial Aid Amount Received
$3,844 (11.93% of tuition)
Percent of Financial Aid Received
91% of 675 students
1,112 undergraduate students (91% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Moorestown. 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 68.10%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,844 and the average loan amount is $6,047. The average financial aid amount is 11.93% of tuition & fees (tuition & fees: $32,214).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,112 | 91% | $4,274,561 | $3,844 |
| Pell Grants | 880 | 72% | $3,192,942 | $3,628 |
| Federal Students Loans | 905 | 74% | $5,472,564 | $6,047 |
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), 454 students have received one or more types of financial aid at Lincoln Technical Institute-Moorestown.
The average amount of federal, state, local or institutional grant aid is $4,726 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,848.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Moorestown.
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 | 454 | 98% | - | - |
| Grant or scholarship aid | 454 | 98% | $2,145,492 | $4,726 |
| Federal Grants | 362 | 78% | $1,544,750 | $4,267 |
| Pell Grants | 362 | 78% | $1,486,757 | $4,107 |
| Other Federal Grants | 53 | 11% | $57,993 | $1,094 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 440 | 95% | $600,742 | $1,365 |
| Student Loans | 342 | 74% | $2,341,987 | $6,848 |
| Federal Student Loans | 342 | 74% | $2,341,987 | $6,848 |
| Other Student Loans | 0 | 0% | $0 | $0 |