Number Received Financial Aid (All Undergraduate)
1,329
Percent Received Financial Aid(All Undergraduate)
86%
Average Aid Amount
$4,356
Number Received Financial Aid (Freshmen)
707
Percent Received Financial Aid (Freshmen)
94%
Financial Aid Information at Lincoln Tech
For the academic year 2023-2024, a total of 1,329 students (86% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,356. For freshmen (Full-time, first-time degree-seeking undergraduate students), 707 students (94% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Lincoln College of Technology-Indianapolis is $37,019, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,329 students (86% of all students) have received grants or scholarships and the average received aid amount is $4,356. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Lincoln College of Technology-Indianapolis for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,329 | 86% | $4,356 |
| Pell Grants | 987 | 64% | $4,332 |
| Federal Student Loans | 1,153 | 74% | $7,380 |
Beginning Students Financial Aid
a total of 707 beginning students (94% of all freshmen) have received any financial aid and 707 students (94% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Lincoln College of Technology-Indianapolis.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 707 | 94% | - |
| Grants or Scholarship from All Sources | 676 | 90% | $4,236 |
| Federal Grants | 522 | 70% | $4,435 |
| Pell Grants | 522 | 70% | $4,341 |
| Other Federal Grants | 123 | 16% | $400 |
| State/Local Grants | 8 | 1% | $3,380 |
| Institutional Grants | 502 | 67% | $1,038 |
| Student Loans | 563 | 75% | $7,137 |
| Federal Student Loans | 563 | 75% | $7,137 |
| Other Student Loans | 0 | 0% | - |
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