Lincoln College of Technology Financial Aid and Scholarships
Students Receiving Aid
70%
Total Aid Amount
$2.434M
Financial Aid Official Website
www.lincolntech.edu/campus/columbia-md
Among them are scholarship programs such as Boettcher Foundation Scholarship and Colorado Ski Authority Annual Scholarship. Notably, 87% of the students at Lincoln College of Technology-Columbia get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,634,496. Notably, a total of 66% of the applicants to Lincoln College of Technology-Columbia receive the Federal Grant every year. In comparison, 67% of the students are awarded the Student Grant, 1% get the Institution Grant, and 66% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,012. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At LCTC, an estimated number of 82% of the applicants choose to go for student loans.
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