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How many students are received the students loans at Lincoln Technical Institute Somerville?

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For the academic year 2022-2023, total 278 full-time, first-time students (82% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 595 students (77% of all students) have received federal student loans and the average loan amount is $6,052 at Lincoln Technical Institute-Somerville.

Below tables show the number and amount by source of financial aid at Lincoln Technical Institute-Somerville.
All Undergraduate Student Financial Aid at Lincoln Technical Institute-Somerville
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid65184%$4,017
Pell Grants52167%$4,130
Federal Student Loans59577%$6,052
Beginning Students (Freshmen) Financial Aid at Lincoln Technical Institute-Somerville
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid32294%-
Grants or Scholarship from All Sources31693%$4,164
Federal Grants23870%$4,633
Pell Grants23770%$4,379
Other Federal Grants8224%$793
State/Local Grants00%$0
Institutional Grants23669%$903
Student Loans27882%$6,960
Federal Student Loans27882%$6,960
Other Student Loans00%$0
see more grants, scholarship, student loans, and other financial aid stats

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about Lincoln Technical Institute-Somerville

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