Financial Aid at Lincoln Tech-Paramus
Financial Aid Amount Received
$3,657 (11.38% of tuition)
Percent of Financial Aid Received
68% of 600 students
743 undergraduate students (68% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Paramus. The percentage of students who received financial aid average 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 average (the average of the schools is 68.10%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,657 and the average loan amount is $6,696. The average financial aid amount is 11.38% 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 | 743 | 68% | $2,717,092 | $3,657 |
| Pell Grants | 642 | 59% | $2,362,507 | $3,680 |
| Federal Students Loans | 784 | 72% | $5,249,961 | $6,696 |
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), 161 students have received one or more types of financial aid at Lincoln Technical Institute-Paramus.
The average amount of federal, state, local or institutional grant aid is $4,536 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,997.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Paramus.
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 | 186 | 91% | - | - |
| Grant or scholarship aid | 161 | 79% | $730,313 | $4,536 |
| Federal Grants | 150 | 73% | $659,920 | $4,399 |
| Pell Grants | 145 | 71% | $627,558 | $4,328 |
| Other Federal Grants | 42 | 20% | $32,362 | $771 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 64 | 31% | $70,393 | $1,100 |
| Student Loans | 165 | 80% | $1,319,430 | $7,997 |
| Federal Student Loans | 165 | 80% | $1,308,052 | $7,928 |
| Other Student Loans | 2 | 1% | $11,378 | $5,689 |