Financial Aid at Lincoln Technical Institute-Moorestown
Financial Aid Amount Received
$4,467 (13.30% of tuition)
Percent of Financial Aid Received
93% of 782 students
1,094 undergraduate students (90% 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 64.20%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,845 and the average loan amount is $6,252. The average financial aid amount is 13.30% of tuition & fees (tuition & fees: $33,594).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,094 | 90% | $4,206,304 | $3,845 |
| Pell Grants | 809 | 66% | $2,939,567 | $3,634 |
| Federal Students Loans | 959 | 78% | $5,995,497 | $6,252 |
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), 469 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 $4,712 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,767.
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 | 479 | 97% | - | - |
| Grant or scholarship aid | 469 | 95% | $2,209,910 | $4,712 |
| Federal Grants | 363 | 74% | $1,578,850 | $4,349 |
| Pell Grants | 359 | 73% | $1,497,366 | $4,171 |
| Other Federal Grants | 64 | 13% | $81,484 | $1,273 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 437 | 89% | $631,060 | $1,444 |
| Student Loans | 422 | 86% | $2,855,665 | $6,767 |
| Federal Student Loans | 422 | 86% | $2,855,665 | $6,767 |
| Other Student Loans | 0 | 0% | $0 | - |