Number Received Financial Aid (All Undergraduate)
1,552
Percent Received Financial Aid(All Undergraduate)
83%
Average Aid Amount
$4,022
Number Received Financial Aid (Freshmen)
906
Percent Received Financial Aid (Freshmen)
92%
Financial Aid Information at Lincoln College of Technology-Melrose Park
For the academic year 2023-2024, a total of 1,552 students (83% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,022. For freshmen (Full-time, first-time degree-seeking undergraduate students), 906 students (92% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Lincoln College of Technology-Melrose Park is $32,809, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,552 students (83% of all students) have received grants or scholarships and the average received aid amount is $4,022. 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-Melrose Park 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 | 1,552 | 83% | $4,022 |
| Pell Grants | 1,264 | 68% | $4,064 |
| Federal Student Loans | 1,457 | 78% | $7,375 |
Beginning Students Financial Aid
a total of 906 beginning students (92% of all freshmen) have received any financial aid and 906 students (92% 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-Melrose Park.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 906 | 92% | - |
| Grants or Scholarship from All Sources | 898 | 92% | $4,474 |
| Federal Grants | 727 | 74% | $4,623 |
| Pell Grants | 721 | 74% | $4,512 |
| Other Federal Grants | 100 | 10% | $1,082 |
| State/Local Grants | 0 | 0% | - |
| Institutional Grants | 496 | 51% | $1,323 |
| Student Loans | 781 | 80% | $8,305 |
| Federal Student Loans | 781 | 80% | $8,305 |
| Other Student Loans | 0 | 0% | - |
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