Financial Aid at Lincoln Technical Institute-South Plainfield
Financial Aid Amount Received
$4,797 (13.93% of tuition)
Percent of Financial Aid Received
83% of 339 students
413 undergraduate students (83% of all students) have received grants, scholarships, and/or federal student loans at Lincoln Technical Institute-South Plainfield. The percentage of students who received financial aid much higher compared to Private (for-profit), 2-4 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 67.20%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,797 and the average loan amount is $7,641. The average financial aid amount is 13.93% of tuition & fees (tuition & fees: $34,442).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 413 | 83% | $1,981,224 | $4,797 |
| Pell Grants | 269 | 54% | $1,134,144 | $4,216 |
| Federal Students Loans | 327 | 66% | $2,498,625 | $7,641 |
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), 155 students have received one or more types of financial aid at Lincoln Technical Institute-South Plainfield.
The average amount of federal, state, local or institutional grant aid is $5,764 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,916.
The following table shows the financial data by type of aid at Lincoln Technical Institute-South Plainfield.
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 | 162 | 91% | - | - |
| Grant or scholarship aid | 155 | 87% | $893,435 | $5,764 |
| Federal Grants | 104 | 58% | $500,092 | $4,809 |
| Pell Grants | 103 | 58% | $450,592 | $4,375 |
| Other Federal Grants | 55 | 31% | $49,500 | $900 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 143 | 80% | $393,343 | $2,751 |
| Student Loans | 128 | 72% | $1,141,233 | $8,916 |
| Federal Student Loans | 128 | 72% | $1,131,290 | $8,838 |
| Other Student Loans | 1 | 1% | $9,943 | $9,943 |