The financial aid department of Lincoln University helps students by assisting them with scholarships, grants, and student loans in the event that they find the fees and the cost of living at the campus to be expensive. The average federal grant that comes from the university is around $5,349, whereas the financial aid is $9,685. The university provides financial assistance in the form of state-level aid worth $3,271 and institutional aid worth $9,685. The total need-based scholarships/grants offered at LU based on students' financial needs add up to $1,299,764 per year. Meanwhile, the total non-need-based scholarships/grants in a year come to around $519,448.