Financial Aid at Lincoln Technical Institute-Philadelphia
Financial Aid Amount Received
$4,661 (14.83% of tuition)
Percent of Financial Aid Received
94% of 299 students
432 undergraduate students (94% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Philadelphia. The percentage of students who received financial aid much higher compared to Private (for-profit), 2-4 Years Colleges in Pennsylvania.
Compared to similar schools in rankings such as Erie Institute of Technology Inc and Pennco Tech-Bristol, the percentage of students who received financial aid is higher (the average of the schools is 83.50%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,661 and the average loan amount is $7,938. The average financial aid amount is 14.83% of tuition & fees (tuition & fees: $31,430).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 432 | 94% | $2,013,403 | $4,661 |
| Pell Grants | 356 | 78% | $1,409,813 | $3,960 |
| Federal Students Loans | 388 | 85% | $3,080,084 | $7,938 |
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), 167 students have received one or more types of financial aid at Lincoln Technical Institute-Philadelphia.
The average amount of federal, state, local or institutional grant aid is $5,095 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,128.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Philadelphia.
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 | 171 | 91% | - | - |
| Grant or scholarship aid | 167 | 89% | $850,809 | $5,095 |
| Federal Grants | 139 | 74% | $617,041 | $4,439 |
| Pell Grants | 138 | 73% | $569,541 | $4,127 |
| Other Federal Grants | 54 | 29% | $47,500 | $880 |
| State/Local Grants | 1 | 1% | $4,917 | $4,917 |
| Institutional Grants | 132 | 70% | $228,851 | $1,734 |
| Student Loans | 153 | 81% | $1,243,523 | $8,128 |
| Federal Student Loans | 153 | 81% | $1,243,523 | $8,128 |
| Other Student Loans | 0 | 0% | $0 | $0 |