Number Received Financial Aid (All Undergraduate)
735
Percent Received Financial Aid(All Undergraduate)
87%
Average Aid Amount
$4,676
Number Received Financial Aid (Freshmen)
421
Percent Received Financial Aid (Freshmen)
98%
Financial Aid Information at Lincoln Technical Institute-New Britain
For the academic year 2021-2022, a total of 735 students (87% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,676. For freshmen (Full-time, first-time degree-seeking undergraduate students), 421 students (98% of enrolled students) received financial aid.
The 2023 undergraduate tuition & fees at Lincoln Technical Institute-New Britain is $32,663, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 735 students (87% of all students) have received grants or scholarships and the average received aid amount is $4,676. 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 Technical Institute-New Britain 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 | 735 | 87% | $4,676 |
| Pell Grants | 552 | 65% | $3,987 |
| Federal Student Loans | 667 | 79% | $6,726 |
Beginning Students Financial Aid
a total of 421 beginning students (98% of all freshmen) have received any financial aid and 421 students (98% 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 Technical Institute-New Britain.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 421 | 98% | - |
| Grants or Scholarship from All Sources | 421 | 98% | $4,185 |
| Federal Grants | 416 | 97% | $3,665 |
| Pell Grants | 305 | 71% | $4,268 |
| Other Federal Grants | 389 | 90% | $573 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 282 | 66% | $842 |
| Student Loans | 326 | 76% | $7,266 |
| Federal Student Loans | 326 | 76% | $7,266 |
| Other Student Loans | 0 | 0% | $0 |
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