by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Lincoln Technical Institute - East Windsor can sound tremendous, but do not forget that almost all students get some type of financial help.
What financing options does Lincoln Tech - East Windsor offer, and what will you qualify for? Keep scrolling for more information. Read on to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Lincoln Technical Institute - East Windsor.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Lincoln Technical Institute - East Windsor, 97% of first-time, full-time freshmen received some form of financial aid some 800 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $4,579 |
| Institutional grants & scholarships | 72% | $1,780 |
| Federal Pell grants | 63% | $4,397 |
| State/local grants | 0% | — |
| Federal student loans | 77% | $7,900 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Lincoln Tech - East Windsor, roughly 80% of undergrads got grants or scholarships worth on average $4,147 (across approximately 1246 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,147 |
| Federal Pell grants | 54% | $4,223 |
| Federal student loans | 69% | $7,391 |
For on-campus title-IV students, average grant aid came to $7,342.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,513 |
| $30,001 – $75,000 | $25,428 |
| Over $75,000 | $30,212 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,006 |
| Off-campus title-IV students | $26,269 |
For a customized cost estimate, visit Lincoln Tech - East Windsor’s online cost calculator: www.lincolntech.edu/net-price-calculator.
The middle student in the debt distribution at Lincoln Tech - East Windsor owes $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,250 |
| Typical 10-year monthly payment (graduates) | $119.27/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Lincoln Tech - East Windsor.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $19,504 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,878 |
| Middle income | $9,500 |
| High income | $8,967 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,750 |
| Independent students | $11,250 |
These indicators are derived from the underlying debt data and summarize the overall picture at Lincoln Tech - East Windsor.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Lincoln Tech - East Windsor:
| Metric | Value |
|---|---|
| Stafford loan recipients | 62354 |
| Total Stafford loan amount | $709,880,602 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 59 |
| Total GI Bill amount | $905,283 |
| Average GI Bill amount per recipient | $15,344 |
References
More about our data sources and methodologies.