Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Lincoln College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


It is interesting to note that, every year, around 99% of students at LC receive some kind of financial aid, while the total amount of assistance/loans provided is $5,998,766. One can visit LC's financial aid page at http://financialaid.lincolncollege.edu/ for more information. The total percentage of candidates applying to Lincoln College who receive the Federal Grant is 80%. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 80% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,821, the State Grant receivers and Institution Grant beneficiaries get $4,170 and $6,573, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,988. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $14,451 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $15,249 and $12,744, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $10,574. And, for those with a family income of more than $110,000, the amount stands at $9,070. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 78% of the applicants to Lincoln College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Lincoln College

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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