Number Received Financial Aid (All Undergraduate)
1,435
Percent Received Financial Aid(All Undergraduate)
88%
Average Aid Amount
$4,133
Number Received Financial Aid (Freshmen)
765
Percent Received Financial Aid (Freshmen)
94%
Financial Aid Information at Lincoln College of Technology-Melrose Park
For the academic year 2021-2022, a total of 1,435 students (88% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,133. For freshmen (Full-time, first-time degree-seeking undergraduate students), 765 students (94% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Lincoln College of Technology-Melrose Park is $31,882, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,435 students (88% of all students) have received grants or scholarships and the average received aid amount is $4,133. 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 | 1,435 | 88% | $4,133 |
Pell Grants | 1,131 | 69% | $4,120 |
Federal Student Loans | 1,344 | 82% | $7,683 |
Beginning Students Financial Aid
a total of 765 beginning students (94% of all freshmen) have received any financial aid and 765 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-Melrose Park.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Any Student Financial Aid | 765 | 94% | - |
Grants or Scholarship from All Sources | 719 | 89% | $4,651 |
Federal Grants | 575 | 71% | $4,527 |
Pell Grants | 573 | 71% | $4,413 |
Other Federal Grants | 72 | 9% | $1,039 |
State/Local Grants | 0 | 0% | $0 |
Institutional Grants | 549 | 68% | $1,349 |
Student Loans | 662 | 82% | $8,558 |
Federal Student Loans | 662 | 82% | $8,558 |
Other Student Loans | 0 | 0% | $0 |
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