$5,299

Avg. Federal Grant

$6,637

Avg. Federal Loan

$21,060,946

Total Aid Awarded

Lincoln University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$21.061M

Financial Aid Official Website

www.lincoln.edu/departments/financial-aid

Among them are scholarship programs such as Development Fund for Black Students in Science and Technology Scholarship, Joseph P. Gavenonis Scholarship, Ohio College Opportunity Grant, and Technology Scholarship. It is interesting to note that, every year, around 98% of students at LU receive some kind of financial aid, while the total amount of assistance/loans provided is $12,849,384. Notably, a total of 71% of the applicants to Lincoln University receive the Federal Grant every year. Meanwhile, 84% of the applicants receive the Student Grant and 22% are awarded the Institution Grant, while 71% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,349, while the same comes to $3,271 for State Grant receivers and $9,685 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,821. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 90% of the applicants to Lincoln University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

66%

State Grant Aid

28%

Institution Grant Aid

73%

Pell Grant

66%

Average Aid Awarded

Federal Grant Aid

$5,299

State Grant Aid

$3,105

Institution Grant Aid

$10,938

Pell Grant

$4,911

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,038

$30,001 - $48,000

$12,016

$48,001 - $75,000

$7,468

$75,001 - $110,000

$6,710

Over $110,000

$8,685

Student Loans for Lincoln University

Average Loan Amount Average Loan Amount received per year.

$7,013/Year

Students Taking Out Loans

73%

Loan Default Rate

11.5%

Other Colleges In Pennsylvania

Robert Morris University (RMU)
Robert Morris University (RMU)

Moon Township, Pennsylvania

Bucknell University
Bucknell University

Lewisburg, Pennsylvania

Villanova University
Villanova University

Villanova, Pennsylvania