$4,511

Avg. Federal Grant

$8,442

Avg. Federal Loan

$2,634,624

Total Aid Awarded

Lincoln Technical Institute Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

78%

Total Aid Amount Average Total Aid Awarded per year.

$2.635M

Financial Aid Official Website

www.lincolntech.edu/campus/queens-ny/

Students can avail of scholarships provided by the college, such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship, if they find educational expenses to be on the higher side. Notably, 96% of the students at Lincoln Technical Institute-Whitestone get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,830,644. Notably, a total of 78% of the applicants to Lincoln Technical Institute-Whitestone receive the Federal Grant every year. On the other hand, 79% of the candidates get the Student Grant, 4% receive the Institution Grant, and 78% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,911. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Lincoln Technical Institute-Whitestone, the percentage of candidates who opt to avail of student loans is around 85%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

79%

State Grant Aid

N/A

Institution Grant Aid

4%

Pell Grant

79%

Average Aid Awarded

Federal Grant Aid

$4,511

State Grant Aid

N/A

Institution Grant Aid

$4,768

Pell Grant

$4,269

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,845

$30,001 - $48,000

$3,871

$48,001 - $75,000

$2,370

$75,001 - $110,000

$1,065

Over $110,000

N/A

Student Loans for Lincoln Technical Institute

Average Loan Amount Average Loan Amount received per year.

$8,442/Year

Students Taking Out Loans

83%

Loan Default Rate

N/A

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