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How many students are received any financial aid at Lincoln Technical Institute Paramus?

For the academic year 2022-2023, total 186 full-time, first-time students (91% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 743 students (68% of all students) received grants or scholarships and the average grant amount is $3,657. In addition, 784 students received student loans and the average loan amount is $6,696.

Below tables show the number and amount by source of financial aid at Lincoln Technical Institute-Paramus.
All Undergraduate Student Financial Aid at Lincoln Technical Institute-Paramus
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid74368%$3,657
Pell Grants64259%$3,680
Federal Student Loans78472%$6,696
Beginning Students (Freshmen) Financial Aid at Lincoln Technical Institute-Paramus
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid18691%-
Grants or Scholarship from All Sources16179%$4,536
Federal Grants15073%$4,399
Pell Grants14571%$4,328
Other Federal Grants4220%$771
State/Local Grants00%$0
Institutional Grants6431%$1,100
Student Loans16580%$7,997
Federal Student Loans16580%$7,928
Other Student Loans21%$5,689

What is the Financial aid?

Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.

Know more about Lincoln Tech-Paramus

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