Number Received Financial Aid (All Undergraduate)
803
Percent Received Financial Aid(All Undergraduate)
83%
Average Aid Amount
$3,817
Number Received Financial Aid (Freshmen)
345
Percent Received Financial Aid (Freshmen)
94%
Financial Aid Information at Lincoln Technical Institute-New Britain
For the academic year 2021-2022, a total of 803 students (83% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,817. For freshmen (Full-time, first-time degree-seeking undergraduate students), 345 students (94% of enrolled students) received financial aid.
The 2024 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 803 students (83% of all students) have received grants or scholarships and the average received aid amount is $3,817. 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 | 803 | 83% | $3,817 |
| Pell Grants | 624 | 65% | $3,875 |
| Federal Student Loans | 749 | 78% | $7,540 |
Beginning Students Financial Aid
a total of 345 beginning students (94% of all freshmen) have received any financial aid and 345 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 Technical Institute-New Britain.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 345 | 94% | - |
| Grants or Scholarship from All Sources | 329 | 90% | $4,153 |
| Federal Grants | 264 | 72% | $4,123 |
| Pell Grants | 264 | 72% | $3,950 |
| Other Federal Grants | 141 | 39% | $325 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 249 | 68% | $1,115 |
| Student Loans | 286 | 78% | $7,838 |
| Federal Student Loans | 286 | 78% | $7,838 |
| Other Student Loans | 0 | 0% | $0 |
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