Financial Aid at Lincoln Technical Institute-Shelton
Financial Aid Amount Received
$3,869 (10.58% of tuition)
Percent of Financial Aid Received
83% of 875 students
985 undergraduate students (77% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-Shelton. The percentage of students who received financial aid much higher compared to Private (for-profit), Less Than 2-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 67.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,774 and the average loan amount is $6,768. The average financial aid amount is 10.58% of tuition & fees (tuition & fees: $36,581).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 985 | 77% | $3,717,542 | $3,774 |
| Pell Grants | 710 | 56% | $2,742,611 | $3,863 |
| Federal Students Loans | 970 | 76% | $6,564,730 | $6,768 |
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), 461 students have received one or more types of financial aid at Lincoln Technical Institute-Shelton.
The average amount of federal, state, local or institutional grant aid is $4,399 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,914.
The following table shows the financial data by type of aid at Lincoln Technical Institute-Shelton.
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 | 473 | 90% | - | - |
| Grant or scholarship aid | 461 | 88% | $2,027,881 | $4,399 |
| Federal Grants | 323 | 62% | $1,507,637 | $4,668 |
| Pell Grants | 317 | 60% | $1,420,637 | $4,482 |
| Other Federal Grants | 145 | 28% | $87,000 | $600 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 343 | 65% | $520,244 | $1,517 |
| Student Loans | 405 | 77% | $3,204,988 | $7,914 |
| Federal Student Loans | 405 | 77% | $3,204,988 | $7,914 |
| Other Student Loans | 0 | 0% | $0 | - |