For the academic year 2022-2023, total 162 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 413 students (83% of all students) received grants or scholarships and the average grant amount is $4,797. In addition, 327 students received student loans and the average loan amount is $7,641.
Below tables show the number and amount by source of financial aid at Lincoln Technical Institute-South Plainfield.
For all undergraduate students, total 413 students (83% of all students) received grants or scholarships and the average grant amount is $4,797. In addition, 327 students received student loans and the average loan amount is $7,641.
Below tables show the number and amount by source of financial aid at Lincoln Technical Institute-South Plainfield.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 413 | 83% | $4,797 |
| Pell Grants | 269 | 54% | $4,216 |
| Federal Student Loans | 327 | 66% | $7,641 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 162 | 91% | - |
| Grants or Scholarship from All Sources | 155 | 87% | $5,764 |
| Federal Grants | 104 | 58% | $4,809 |
| Pell Grants | 103 | 58% | $4,375 |
| Other Federal Grants | 55 | 31% | $900 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 143 | 80% | $2,751 |
| Student Loans | 128 | 72% | $8,916 |
| Federal Student Loans | 128 | 72% | $8,838 |
| Other Student Loans | 1 | 1% | $9,943 |
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.
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