Financial Aid at Lincoln Technical Institute-New Britain
Financial Aid Amount Received
$3,817 (11.69% of tuition)
Percent of Financial Aid Received
83% of 638 students
803 undergraduate students (83% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-New Britain. The percentage of students who received financial aid higher compared to Private (for-profit), 2-4 Years Colleges in Connecticut.
Compared to similar schools in rankings such as Cortiva Institute and Porter & Chester Institute of Hamden, the percentage of students who received financial aid is much higher (the average of the schools is 64.30%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,817 and the average loan amount is $7,540. The average financial aid amount is 11.69% of tuition & fees (tuition & fees: $32,663).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 803 | 83% | $3,065,407 | $3,817 |
| Pell Grants | 624 | 65% | $2,418,182 | $3,875 |
| Federal Students Loans | 749 | 78% | $5,647,622 | $7,540 |
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), 329 students have received one or more types of financial aid at Lincoln Technical Institute-New Britain.
The average amount of federal, state, local or institutional grant aid is $4,153 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,838.
The following table shows the financial data by type of aid at Lincoln Technical Institute-New Britain.
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 | 345 | 94% | - | - |
| Grant or scholarship aid | 329 | 90% | $1,366,235 | $4,153 |
| Federal Grants | 264 | 72% | $1,088,479 | $4,123 |
| Pell Grants | 264 | 72% | $1,042,679 | $3,950 |
| Other Federal Grants | 141 | 39% | $45,800 | $325 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 249 | 68% | $277,756 | $1,115 |
| Student Loans | 286 | 78% | $2,241,564 | $7,838 |
| Federal Student Loans | 286 | 78% | $2,241,564 | $7,838 |
| Other Student Loans | 0 | 0% | $0 | $0 |