OVERVIEWPROGRAMS AND TUITIONADMISSIONS FINANCIAL AID

Lincoln College Tuition and Fees

Lincoln College, which is located in Lincoln, IL is a private university. It was in 1865 when the Lincoln College was founded. The motto of the Lincoln College is Lincoln College uniquely empowers students to realize their full potential and its official colors are purple and white. The total enrolment stands at 1,121 students at Lincoln College. Around 1,121 and 8 students take admission in various undergraduate and postgraduate courses of the university. The school has a total of 50 academi

$17,500

Tuition

$35,580

Cost of Attendance

$15,488

Net Price

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Lincoln College Tuition and Fees

Lincoln College is known for offering a wide range of undergraduate and postgraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at LC is quite moderate. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $19,000, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While the charges for housing stand at $7,900, the other expenses cost TTbooks_and_supplies.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$18,600	$18,600
Book & Supplies	NA	NA
Room & Board cost	$7,700	$7,700
Other Expenses	$9,280	$9,280
Total Cost of Attendance	$35,580	$35,580

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $19,000. Besides that, they will also need to shell out an amount of $6,863 for room and board charges and $3,891 toward other expenses on average in a year. Hence, based on this information, the overall cost of attending the college adds up to around $29,753 per year.

Average Net Price by Family Income

Net Price

$15,488

Family Income

Avg. Net Price

$0 to $30,000

$14,754

$30,001 to $48,000

$14,707

$48,001 to $75,000

$16,460

$75,001 to $110,000

$16,756

$110,000+

$20,298

The net price of attending Lincoln College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. So, it all essentially depends on the family income bracket of the student. At LC, the average net price is estimated to be around $21,797. The net price for students with an annual family income below $30,000 is reported to be around $20,845. For the individuals who come under the $30,001-$48,000 income category, the net cost is $21,395. On the other hand, an estimated net cost of $22,467 is charged for the $48,001-$75,000 income bracket, $24,650 for the $75,001-$110,000 income category, and $26,736 for an annual family income more than $110,000.

Student Loans

Example Loans

$67,828

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$704

Total interest paid

$16,641

Sum of Loan Payments

$84,469

To have a realistic understanding of how much it will cost to study at Lincoln College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $67,828 for example. This will result in a $8,447 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $84,469 which is $16,641 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$18,600	$18,600
Room & Board Cost	$7,700	$7,700
Total Tuition & Fees	$26,300	$26,300

At Lincoln College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $19,000 per year. Alongside that, they will likewise need to shell out around $6,863 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $29,753 per year, based on the available data.

Graduate Tuition and Fees

As for the students looking to enroll in postgraduate programs at LC, the tuition and fees they are charged add up to $3,960 per year. Notably, no graduation fee is collected from the students at Lincoln College.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$310

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Lincoln College varies between graduate and undergraduate degrees. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $66 and the undergraduate cost per credit hour at $146. Also, Lincoln College currently offers a number of online courses to students across 12 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$7,700	$7,311
Other Expense	$9,280	$12,160
Book & Supplies	N/A	N/A

Moving on to the housing and related expenses at Lincoln College, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $10,678 per year, whereas, the cost for off-campus lodging is $10,831 a year. Besides, on-campus candidates will have to pay about $7,900 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $5,826. The other expenses that students should plan for come to around $2,778 for on-campus candidates and $5,005 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,700

Off Campus

$7,311

Housing & Other Expenses

Other Expenses

On Campus

$9,280

Off Campus

$12,160

Housing & Other Expenses

Book & Supplies

On Campus

N/A

Off Campus

N/A

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at LC are projected to cost around $149,496 as per official data. To note, the total expenses for undergraduate students stood at $21,797 for 2018-2019, $15,488 for 2017-2018, and $15,830 for 2016-2017.

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