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What is the average loan amount at Lincoln College of Technology Melrose Park?

For the academic year 2022-2023, total 662 full-time, first-time students (82% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,344 students (82% of all students) have received federal student loans and the average loan amount is $7,683 at Lincoln College of Technology-Melrose Park.

Below tables show the number and amount by source of financial aid at Lincoln College of Technology-Melrose Park.
All Undergraduate Student Financial Aid at Lincoln College of Technology-Melrose Park
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,43588%$4,133
Pell Grants1,13169%$4,120
Federal Student Loans1,34482%$7,683
Beginning Students (Freshmen) Financial Aid at Lincoln College of Technology-Melrose Park
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid76594%-
Grants or Scholarship from All Sources71989%$4,651
Federal Grants57571%$4,527
Pell Grants57371%$4,413
Other Federal Grants729%$1,039
State/Local Grants00%$0
Institutional Grants54968%$1,349
Student Loans66282%$8,558
Federal Student Loans66282%$8,558
Other Student Loans00%$0

Know more about Lincoln College of Technology-Melrose Park

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